Certified Residential Appraiser-125 Hrs
The Certified Residential Appraiser may appraise 1-4 residential units without regard to transaction value or complexity. This classification does not include the appraisal of subdivisions.
If you wish to become a Certified Residential Appraiser, you must take courses in the following package:
125-Hr Upgrade from Trainee to Certified Residential Appraiser
Market Analysis & Highest and Best Use 15 Hrs $199.00
Advanced Residential Applications and Case Studies 15 Hrs #199.00
Residential Report Writing & Case Studies 15 Hrs $199.00
Residential Sales Comparison and Income Approaches 30 Hrs $399.00
Residential Site Valuation and Cost Approach Hours: 15 Hrs $199.00
Specialized Residential Appraisal Topics Hours: 20 Hrs $269.00
Statistics, Modeling, and Finance Hours: 15 Hrs. $199.00
125 Hr. Package $1379.00
(save 25% reg $1663.00)
About On line Courses
Each Illinois Real Estate Appraisal License qualifying course is divided into self paced lessons that take about 20-30 minutes on the average. Each lesson consists of text with multiple choice questions mixed in. The text is presented one small, easy-to-understand sentence or paragraph at a time. After a few screens of text, you will answer a few questions about what you have read. As you progress through the lesson, the learning process keeps track of how you are doing on the questions. After all the text is presented, the computer will go back to the questions you missed or had problems with and review them in random order. You'll keep working on the lesson until you've answered all the questions correctly on two occasions. At that point, the lesson will be marked as complete on the main menu.
You can quit a lesson at any time and a bookmark will save your place, so you don't have to repeat work you've already done when you return to a lesson. If you have any questions about these courses, please contact Technical Support at 1-866-455-3278.
After you've finished all the lessons in the appraisal license course, our administrators schedule a convenient time and location for you to take your proctored final exam. The administrator will ship the exam materials for eacj course to the proctor who will administer the exam at time when you and they find it convenient. The proctor will return the finished answer sheet to us along with any test materials to us for grading. We will notify you of your passing and send you transcript for the course which you will need when applying for the State AMP Appraisal Exam
Additional Requirements for the Certified Residential Certification:
Be at least 21 years old
College-level requirements: Associate degree or higher. In lieu of the required degree or alternative educational requirements.
Provide the state with a two-year Experience Log. LOG-APP – 1,500 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.