Certified Residential Appraiser (200 Hrs.)
350 S .Rohlwing Rd. Second Floor Addison Il. 60101
In no fewer than 24 months and 2,500 hours of experience, an Associate Real Estate Trainee Appraiser may upgrade to a Certified Residential by successfully completing a total of 200 hours of state-approved coursework and passing a state examination for an Illinois appraisal license. These 200 hours include the original 75 hours taken to receive the Associate Real Estate Trainee Appraisal license. The Certified Residential Appraiser candidate is solely responsible for his or her own work and can if they wish open their own appraisal company. Certified Residential Appraisers may appraise single family homes and 2-4 residential income units without regard to transaction value or complexity, as long as candidates meet the USPAP competency rules. This classification does not include the appraisal of subdivisions. As of January 1, 2012, all Trainee Appraisers must become Certified (Residential or General) prior to their third renewal period or lose their license. Unless repealed, canddates will have to have a bachelors degree to qualify for the Certified Residential or Cerified General License)

Title     Hours   
  • IL 1 National Uniform Standards of Professional Appraisal Practice (USPAP) Course       15 
  • IL 2 Basic Appraisal Principles  30  
  • IL 3 Basic Appraisal Procedures       30  
Credit for Appraisal Trainee License                                                                                                             75 

If you wish to become a Certified Residential Appraiser and begin work as a real estate appraiser in Illinois, you must take the following 125 hrs of additional coursework:
 
  • IL 4 Residential Market Analysis and Highest & Best Use
  • IL 5 Residential Site Valuation and Cost Approach
  • IL 6 Residential Sales Comparison and Income Approaches
  • IL 7 Residential Report Writing and Case Studies
  • IL 8 Advanced Residential Applications and Case Studies
  • IL 9 Real Estate, Statistics, Modeling and Finance
  • IL RE Mastering Unique and Complex Property Appraisals

TOTAL HOURS     125hrs    $2875 

Click here for detailed Course Descriptions.

125hr Package  $2595.00 (save 10% or $260.00)   Includes all textbooks and materials.   
Call today! (630) 627-0101
Certified Residential Appraiser Course Schedule
Real Estate Appraiser Illinois - Illinois Appraisal Education
Course Times: Classes meet from  9:30 a.m. to 4:30 p.m.

Additional Requirements for the  Residential Certification:

     Be at least 21 years old

     College-level requirements:  Unless repealed, candidates will have to have a bachelors degree to qualify for the Certified Residential Licence)

     Provide the state with a two-year Experience Log. LOG-APP – 2,500 hours of appraisal experience. Obtain the form at http://www.obre.state.il.us/realest/Forms/logapp.pdf

     Submit proof of course work in the form of an original sealed school transcript. Transcripts, for all curriculums, are valid indefinitely.

    Take the Certified Residential Exam. For a copy of the Appraiser Candidate Handbook go to www.goamp.com.

    Complete an appraisal application which can be found at www.goamp.com.


              


                  

                                 2017

IL 4   Residential Market Analysis and Highest & Best Use 
               

IL 5    Residential Site Valuation and Cost Approach
         

IL 6    Residential Sales Comparison and Income Approach
                                 
IL 7    Residential Report Writing and Case Studies
                
IL 8    Advanced Residential Applications and Case Studies
                

IL 9    Real Estate, Statistics, Modeling and Finance
                 

IL RE  Mastering Unique and Complex Property Appraisals
                       
                                             Minimum of 10 students required

Students may enroll in any of the 7 courses, in any order on any date and still receive the discounted tuition. Classes subject to minimum enrollments.
15   $375
30   $525
15   $375
15   $375
15   $375
15   $375
20   $475
Copyright 2011 Illinois Appraisal Education, Inc.:  Become A Real Estate Appraiser.  All Rights Reserved
Certified Residential Appraiser Course Requirements
Looking for On Line Courses?
Many of our certified residential courses are approved and now available on line!
                        Addison
350 S. Rohlwing Rd
Second Floor
Addison, IL 60101

125 Hr. Program
(9:00 am- 4:30 pm)
Enroll