Valuation of Residential Properties (30 Hours; CommDev)

This course covers the principles and practices of real estate appraisal, including general data analysis, residential real estate markets, neighborhood analysis, site description and analysis, highest and best use, specific data analysis, improvement analysis, principles of value, gross rent multiplier, and special appraisal techniques. The course also cover the three approaches to value- - sales comparison (or market data), cost, and income- - along with case studies and practice exercises pertaining to each approach. Real estate professionals who complete this course will have a thorough understanding of the steps involved in the appraisal process.

This PA Commission-developed online course is authorized only for 2 Pennsylvania real estate broker license credits and up to 14 hours of continuing education required for salesperson's or broker license renewal. It is NOT authorized for use in appraisal certification.