ALL MREP CLASSES WILL MEET TUESDAY THROUGH FRIDAY FROM 9:00 AM. TO 4:00 PM.  THERE WILL BE A 10 MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 TO 1:00).  Tuition - $200.00 includes all necessary materials.

 

August             12,13,14,15

September      16,17,18,19

October            14,15,16,17    

November        11,12,13,14

December         9,10,11,12

ALL BROKER CLASSES WILL MEET MONDAY THROUGH FRIDAY AND THE FOLLOWING MONDAY.  CLASSES WILL BEGIN AT EIGHT IN THE MORNING AND WILL CONTINUE UNTIL FIVE EACH DAY.  THERE WILL BE A TEN MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 TO 1:00).  Tuition - $350.00 includes all books and materials.  Please note that the October 2007 Broker class will run Monday through Thursday and the following Monday and Tuesday.

October             20,21,22,23,24,27

REAL ESTATE CONTINUING EDUCATION

COURSE:    REVERSE MORTGAGES

COURSE #  1100007183

TYPE:        3 HOUR ELECTIVE

TIME:         9:00 am - 12:00 noon

COST:        $30.00

 

 

August 25, 2008

September 26, 2008

COURSE:    FEDERAL FAIR HOUSING & THE HANDICAPPED

COURSE #  1100007188

TYPE:        3 HOUR CORE

TIME:        1:00 pm - 4:00 pm

COST:       $30.00

 

 

August 25, 2008

September 26, 2008

COURSE:    REAL ESTATE CALCULATIONS - HP12C

COURSE #  1100007177

TYPE:        6 HOUR ELECTIVE

TIME:        9:00 am - 4:00 pm

COST:       $60.00

January 29, 2008

February 27, 2008

March 20, 2008

COURSE:   APPRAISAL REGULATIONS

COURSE # 1100008032

TYPE:       3 HOUR ELECTIVE

TIME:       9:00 am - 12:00 noon

COST:      $30.00

 

 

August 26, 2008

September 27, 2008

COURSE:    DUAL, DESIGNATED & TRANSACTION BROKERAGE

COURSE #  1100008031

TYPE:        3 HOUR ELECTIVE

TIME:        1:00 pm - 4:00 pm

COST        $30.00

  

August 26, 2008

September 27, 2008

  

APPRAISAL COURSES ARE EITHER 15 OR 30 HOURS IN DURATION.  EACH CLASS IS DESIGNED TO HANDLE A DIFFERENT ASPECT OF THE APPRAISAL INDUSTRY.  CLASSES BEGIN AT 8:30 AND RUN UNTIL 5:00 EACH DAY.  THERE WILL BE A TEN MINUTE BREAK EVERY HOUR WITH AN HOUR FOR LUNCH, (GENERALLY 12:00 T0 1:00).  Tuition - $370.00 for 30 hour classes, $190.00 for fifteen hour classes - books not included.  Tuition for Uniform Standards - $285.00 - all books and materials included.  

COURSE DESCRIPTION AND SCHEDULE FOR 2008

 

 

                                All courses taught by Dr. Denny McIlroy - Certified Appraiser
 

BASIC APPRAISAL PRINCIPLES  (30 HOURS)  Tuition - $370.00

A class designed to introduce the student to basic appraisal principles.  Topics covered in this course will include:  real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, and real estate markets and analysis.  The student will also be exposed to appraisal ethics and how they apply to appraisal theory and practice.  (Books purchased separately).

 

2009

 

January 26,27,28,29

 

July 20,21,22,23 

BASIC APPRAISAL PROCEDURES  (30 HOURS)  Tuition - $370.00

A class designed to introduce the student to basic appraisal procedures.  Subject material covered in this course will include:  the appraisal process, procedural aspects of the three approaches to value, informal legal description within the broader context of describing the neighborhood and market area, residential and commercial applications for appraisal, and improvement construction.  The student will also be exposed to appraisal math at which time the HP-12C calculator will be introduced.  (Books and calculator purchased separately).

 

2008 

 

August 18,19,20,21

 

2009

 

March 2,3,4,5

 

August 17,18,19,20 

UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTICE  (15 HOURS)  Tuition - $285.00

The purpose of the Uniform Standards of Professional Appraisal Practice (USPAP) is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers.  Course content addresses the ethical and performance obligations of appraisers through DEFINITIONS, RULES, STANDARDS, STANDARDS RULES, and STATEMENTS.  (Books included with course).

 

2008 

September 29,30

 

2009

 

February 24,25

 

July 27,28 

RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND BEST USE  (15 HOURS)  Tuition - $190.00

This course is designed to give students the tools needed to properly collect and analyze market data.  Markets, sub-markets, market segmentation, supply side analysis, demand analysis and the importance of market analysis to the appraisal process are covered in the first half of this course.  The second half focuses on the theory of Highest and Best Use.  The two-step analysis along with the four tests for Highest and Best Use are covered in detail.  Drill problems and a short case study will be presented to allow students to put into practice the techniques illustrated in this class.  (Books purchased separately). 

 

2008 

September 22,23

 

2009

 

March 23,24

 

September 9,10 

RESIDENTIAL APPRAISER SITE VALUATION AND COST APPROACH  (15 HOURS)  Tuition - $190.00

This course wil be directed toward insight and working knowledge of the various theories and methodologies for arriving at residential site values and applying the Cost Approach in everyday appraisal work.  The advantages and disadvantages of using the cost approach in residential appraising will be examined.  The important distinction between Replacement Cost New and Reproduction Cost New will be discussed, along with an in-depth look at several methods for estimating accrued depreciation.  Students will learn how to read residential building plans and accompanying specifications.  Additionally, each student will complete a step-by-step case study utilizing the Marshall and Swift cost manual.  (Books purchased separately).

 

2008 

September 24,25

 

2009

 

March 30,31

 

September 28,29 

RESIDENTIAL SALES COMPARISON AND INCOME APPROACHES  (30 HOURS)  Tuition - $370.00

This course offers a basic understanding and knowledge of the residential sales comparison and income approaches to appraisal.  It includes the valuation principles and procedures applicable for both approaches.  Students will develop and apply the techniques for market analysis, including the application and use of matched pairs, capitalization rates, and gross rent multipliers.  Off the grid adjustments will be addressed.  Students will also learn how to apply and defend the rationale behind market adjustments.  Additionally, current Fannie Mae and Freddie Mac Guidelines and relevant USPAP requirements will be presented.  (Books purchased separately).

 

2008 

October 28,29,30.31

 

2009

 

April 20,21,22,23

 

October 27,28,29,30 

RESIDENTIAL REPORT WRITING AND CASE STUDIES  (15 HOURS)  Tuition - $190.00

This appraisal course will help the student to become familiar with techniques and procedures for the development of the appraisal report.  The Fannie Mae form will be studied in detail with other relevant forms presented for consideration.  Through theory and hands-on examples of appraisal processes, the course will provide practical application of real estate appraisal procedures.  (Books purchased separately).

 

2008 

November 17,18

 

2009

 

April 27,28

 

November 16,17 

STATISTICS, MODELING AND FINANCE  (15 HOURS)  Tuition - $190.00

A course designed to provide both the theory and practice of statistics, real estate finance, and valuation modeling for today's Certified Residential Appraiser.  The first half of the class is dedicated to terminology and basic principles of statistics, including practical applications in statistical analysis.  The second half of the course focuses on real estate markets, terms of financing, and examples of how financing affects the value of real property.  (Books purchased separately).

2008

November 19,20

 

2009

 

May 18,19

 

November 23,24 

ADVANCED RESIDENTIAL APPLICATIONS AND CASE STUDIES  (15 HOURS)  Tuition - $190.00

A course designed to elevate the students' knowledge of challenging residential appraisal assignments and to develop the expertise to recognize and address those situations at the Certified Residential level.  Topic areas focus on complex properties that include valuing unique and high-end residential dwellings.  Other areas include methodologies for valuing partial interests and addressing changes in market conditions as they relate to location, distance, physical conditions, economic conditions, and atypical ownership.  (Books purchased separately).

2008

November 24,25

 

2009

 

May 26,27

 

November 30 & December 1 

MASTERING UNIQUE & COMPLEX PROPERTY APPRAISAL  (20 HOURS)

A class designed to raise the level of awareness of the scope of work involved with assignments other than the everyday single-family residential appraisal.  Property types discussed include mixed-use, unusual, income-producing, and one-of-a-kind.  Students will be assigned case studies for competency demonstration and class discussion.  (Note - This course will be presented to fulfill the 20 hours of elective work for the certified residential designation).  The cost of the course will be $250 - books not included.

2008

December 15,16,17

 

2009

 

June 29,30, & July 1

 

December 2,3,4 

CONTINUING EDUCATION

7 - HOUR USPAP UPDATE COURSE - $150.00 - BOOKS NOT INCLUDED

 

2009

 

January 8

 

April 30