Real Estate Appraisal Classes

APPRAISAL CLASSES

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APPRAISAL CLASSES – Noble Fields.pdf

DRE Sponsor Number: S0170

New Education Requirements

To all our applicants, please always check with the Bureau of Real Estate Appraisers (BREA) for new education requirements.

• Starting Appraisal Applicant, effective on January 1, 2023, please take the Cultural Competency course – 1 Hour 
• Appraisal License Renewals, effective on January 1, 2023, please take the Cultural Competency course – 1 Hour
• Appraisal License Renewals, effective on January 1, 2026, please take the new AQB Approved Course – Fair Housing Rules and Elimination of Bias course – 8 Hours

Work on getting 150 Hours of In-Person Live-Instruction from Noble Fields School of Real Estate

Are you ready for a career change? Sign up for our Appraisal Trainee Package today and start your journey to becoming a certified appraiser! This appraisal course package has the minimum needed to start your valuable appraiser training. 

Disclaimer: Any course work taken more than 5 years before the application date is not acceptable.

These General Information Pages are to be read by the participant prior to registration/enrollment.
Disclaimer: Selecting Order Here menus acknowledges you read and understood the General Information Pages.

APPRAISER TRAINEE PACKAGE

BREA Approval Numbers:
(08469001, 15CP469203001, 22CP469203003,
09469003, 21CP469203002, 10469004)
83 Hours –$699

In-Person Live-Instruction Courses

Appraisal Classes for Appaiser Trainees

In-Person Live-Instruction Class Schedule:
10-2 pm or 6-10 pm
Tuesday, Thursday, and Saturday

Join our appraiser classes to become a certified real estate appraiser in CA. Start your career today!

These General Information Pages are to be read by the participant prior to registration/enrollment.
Disclaimer: Selecting Order Here menus acknowledges you read and understood the General Information Pages.

REAL ESTATE APPRAISAL PRINCIPLES

BREA Approval Number:
(08469001)
30 Hours – $225

The REAL ESTATE APPRAISAL PRINCIPLES course provides a foundational understanding of basic appraisal principles, required for becoming a real property appraiser trainee and for all levels of licensing, covering real property concepts, legal descriptions, value influences, economic principles, market analysis, and ethics. This course serves as the launching point for the more advanced principles and procedures appraisal courses, including those focused on residential and income-producing properties.

Core Topics: 

• Real Property Concepts and Characteristics: Understanding the nature of real property.
• Legal Descriptions: Learning how real property is legally defined.
• Influences on Real Property Values: Identifying factors that affect property value.
• Types of Value: Understanding different concepts of value (e.g., market value, investment value).
• Economic Principles: Exploring economic principles relevant to real estate appraisal.
• Real Property Market Overview: Analyzing real estate markets and their dynamics.
• Appraiser Ethics: Learning the ethical standards and their application in appraisal theory and practice.

REAL ESTATE APPRAISAL PRINCIPLES and PROCEDURES

BREA Approval Number:
(15CP469203001)
60 Hours – $299

The REAL ESTATE APPRAISAL PRINCIPLES and PROCEDURES  course provides a foundational understanding of basic appraisal principles, required for becoming a real property appraiser trainee and for all levels of licensing, covering real property concepts, legal descriptions, value influences, economic principles, market analysis, and ethics and delves into basic appraisal procedures, a prerequisite for becoming a Real Property Appraiser Trainee and a requirement for all levels of real property appraiser licensing and certification, covering valuation procedures, data analysis, and appraisal communication.

The Core Content: This appraisal course reviews and covers the following key aspects of the appraisal process:

• Real Property Concepts and Characteristics
• Legal Descriptions
• Influences on Real Property Values
• Types of Value
• Economic Principles
• Real Property Market Overview
• Defining the Problem
• Scope of Work
• Collecting and Selecting Data
• Analyzing the Data
• Reconciliation
• Final Value Opinion
• Communicating the Appraisal
• Appraiser Ethics

CA LAWS And REGULATIONS For APPRAISERS

BREA Approval Number:
(22CP469203003)
4 hours – $199

The CA LAWS And REGULATIONS For APPRAISERS course is designed for licensed and certified California real estate appraisers to fulfill the state’s requirement of 4 hours of continuing education focused on federal and state laws and regulations, ensuring they stay informed and compliant.

The Core Content: The course aims to keep California real estate appraisers updated on the laws and regulations that govern their profession, both at the federal and state levels.

• California Requirement: California mandates that state-licensed or certified real property appraisers complete 4 hours of continuing education specifically on federal and state laws and regulations.
• Compliance: This course is designed to meet that specific continuing education requirement, ensuring appraisers are up-to-date on the legal framework of their profession.
• Importance of Laws and Regulations: Laws and regulations form the foundation for everything appraisers do in California, and compliance is crucial.

CULTURAL COMPETENCY

THE RESIDENTIAL APPRAISER SITE VALUATION and COST APPROACH

BREA Approval Number:
(09469003)
15 hours – $199

The RESIDENTIAL APPRAISER SITE VALUATION and COST APPROACH appraisal course focuses on valuing vacant land and developing the cost approach, teaching you to create current cost estimates using market extraction, effective interview techniques, and professional cost data sources, culminating in an in-depth case study. Target Audience, it’s designed for individuals seeking to become Real Property Appraiser Trainees and those pursuing various levels of appraisal licensing and certification. Core Content: this appraisal course reviews and covers the following key aspects of the appraisal process:

Core Topics: 

• Valuation of Vacant Land: you’ll learn how to determine the value of land parcels that are not currently developed.
• Cost Approach Development: the course will teach you the principles and methods of the cost approach, a valuation method that estimates the value of a property by determining the cost to either replace (construction of a similar, but functional in utility, utilizing modern, up to date materials to those originally used) or reproduce (construction of an exact replica in all aspects and oftentimes a costlier/ more expensive option, including the use of the same materials originally used) the improvements on the land or real property.
• Current Cost Estimates: You’ll learn to create current cost estimates using Market Extraction, which involves analyzing comparable sales pricing and their related construction costs to determine the cost of building a similar property today.
• Effective Interview Techniques: The course will cover how to conduct effective interviews (primary sources of information because the appraiser is sourcing the information directly/ first hand) with contractors, suppliers, and other relevant parties to gather information directly for determining cost estimation.
• Professional Cost Data Sources: You will explore various professional cost data sources (seconadary sources of information because someone else has already done the analysis of the data compiled and determined their contribution/ value), such as cost manuals and online databases, to obtain relevant and accurate cost information.
• In-depth Case Study: The course includes an in-depth case study that takes you through the entire appraisal process, from the initial assignment to the final value estimate, using various cost approach applications.

THE RESIDENTIAL REPORT WRITING and CASE STUDIES APPRAISAL COURSE

BREA Approval Number:
(21CP469203002)
15 hours – $199

This appraisal course focuses on practical appraisal report writing for residential properties, equipping you with skills to produce convincing reports by applying valuation procedures, grammar, and report writing techniques to real-world case studies.
Target Audience: It’s designed for individuals seeking to become Real Property Appraiser Trainees and those pursuing various levels of appraisal licensing and certification.
Core Content: This appraisal course reviews and covers the following key aspects of the appraisal process:

Core Topics: 

• Core Skills & Techniques: You’ll learn and apply the principles and methods used in valuing residential properties.
• Residential Valuation Procedures: You’ll learn and apply the principles and methods used in valuing residential properties.
• Grammar and Writing Techniques: The course will cover essential grammar rules and writing techniques crucial for clear and effective appraisal reports.
• Case Study Application: You’ll work with a residential case study to practice writing various sections of an appraisal report, including narrative comments and explanations of valuation procedures.
• Narrative Comments & Explanations: The course emphasizes writing effective narrative comments for form appraisal reports and explaining valuation procedures and conclusions to users.
• Real-World Application: The techniques taught are designed to be useful in real-life situations that complicate routine appraisal assignments.

RESIDENTIAL SALES COMPARISON and INCOME APPROACH

BREA Approval Number:
(10469004)
30 hours – $225

• What it is: RESIDENTIAL SALES COMPARISON APPROACH estimates a property’s value by comparing it to recently sold properties with similar characteristics and in close proximity or located within the same neighborhood or market area.
• How it works: Search for and Identify the most recent sales (three months or less) of Comparable properties that are similar to and within the same neighborhood as the Subject property, adjusting for any differences to that of the subject property, analyze the comparable sales and then estimate the market value of the Subject property.
• Identify comparable properties: Find Comparable properties that are similar to the Subject property in terms of their proximity or location, size, condition, and use.
• Account and adjust for any differences in the comparables’ characteristics: Make adjustments as appropriate to the sale prices of the Comparable properties to account for any differences, whether they are present (superior) or missing/ lacking (inferior) in characteristics to those of the Subject property (e.g., age, condition, size, location). It is critical that you only make adjustments to the Comparable properties sales pricing while compensating for any differences in age, condition, size, location, number of bedrooms, bathrooms, and other amenities to those of the Subject property.
• Taking a closer look: If a particular Comparable property’s characteristic is present (superior) or perhaps it is in fact missing (inferior) to that of the subject property, you would adjust it’s sale price appropriately to balance out or compensate for that specific difference in characteristics:
  • Example 1: A Comparable property has a huge swimming pool and the Subject property either has a tiny kiddy pool or actually may not have one at all:
    • Solution: The appropriate action would be marking down the Comparables sales price by $15,000 or $35,000 respectively speaking
  • Example 2: If the opposite were true and it is the Subject property that has a huge swimming pool and the Comparable property now has the tiny kiddy pool or none at all:
    • Solution: The appropriate action would be to proceed to mark up or adjust the Comparable property’s sales price by $15,000 or $35,000 to balance out the difference.

1. LIVE COURSE OFFERING: We will meet with you in person, in a Live Classroom, and you will pick up your books locally.
   

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2. COURSE   ASSESSMENTS: All testing is done in person, live, locally in Daly City, in a PROCTOR MONITORED classroom setting.
   

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3. PERSONALIZED FORMATS: Experience personalized learning with our live instruction courses, guided by real instructors on-site.
   

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Daly City Campus site
6121 Mission St., Daly City, CA 94014

Home Office site
124 Peoria St., Daly City, CA 94014

These General Information Pages are to be read by the participant prior to registration/enrollment.
Disclaimer: Selecting Order Here menus acknowledges you read and understood the General Information Pages.

Continuing Education Requirements for Appraisers

APPRAISAL CLASSES for CONTINUING EDUCATION

BREA Approval Numbers:
(08469001, 15CP469203001, 22CP469203003,
09469003, 21CP469203002, 10469004)
49 Hours – $ 399

• Federal Laws and Regulations for California Appraisers
  (22CP469203003)
• Real Estate Appraisal Principles
  (08469001)
• Real Estate Appraisal Principles & Procedures
  (15CP469203001)

• Residential Appraiser Site Valuation & Cost Approach
  (09469003)

• Residential Report Writing & Case Studies
  (21CP469203002)

• Residential Sales Comparison & Income Approach
  (10469004)

• These are not Self-Study nor correspondence courses.
• We will meet with you in a live Classroom and you will pick up your books locally.
• All testing is done locally in Daly City and also in a classroom setting.

• These courses are live instruction with a real person on site.
• Any additional course requirements may be completed at
  McKissock Learning Center online platform.

Daly City Campus site
6121 Mission St., Daly City, CA 94014

Home Office site
124 Peoria St., Daly City, CA 94014

These General Information Pages are to be read by the participant prior to registration/enrollment.
Disclaimer: Selecting Order Here menus acknowledges you read and understood the General Information Pages.

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