6 STEPS TO BECOMING A LICENSED APPRAISER

Size: px

Start display at page:

Download "6 STEPS TO BECOMING A LICENSED APPRAISER"

Antonia Bradley
5 years ago
Views:

TREC APPRAISAL LINSING AND RENEWAL 1 3 3 4 54 5 6 6 6 STEPS TO BECOMING A LINSED APPRAISER Take the Required Courses at Champions School Take the Required Courses at Champions School Appraiser

1 TREC APPRAISAL LINSING AND RENEWAL STEPS TO BECOMING A LINSED APPRAISER Take the Required Courses at Champions School Take the Required Courses at Champions School Appraiser Trainee Program (79 ) Licensed Appraiser Program (154 ) Courses Appraiser must Trainee be completed Program before submitting (79 ) application for In Licensed addition to the hours needed Appraiser for the Program Trainee (154 Program, ) approval Courses must as an be Appraiser completed Trainee before to submitting TALCB. application for an In additional to 75 the hours hours needed are for needed the to become Trainee a Licensed Program, approval as an Appraiser 1 (30 Trainee A) Basic to TALCB. Principles an additional Appraiser 75 hours hours are needed to become a Licensed Appraiser 1 (30 (30 A) A) Basic Basic 3 (15 A) Procedures Principles 3 (15 Market A) Analysis and Highest and Best Use USPAP (15 (30 A) A) Uniform Basic Standards of Procedures 4 (15 Market A) Analysis and Highest and Best Use Professional USPAP (15 A) Uniform Practice Standards of Site Valuation and Cost Approach This course must be completed within 4 months 4 (15 A) Professional Practice of filing your TALCB application. 5 (30 Site Valuation A) and Cost Approach This course must be completed within 4 months Sales Comparison and Income Approaches Texas of filing Appraising your TALCB for application. the Supervisor and Trainee 5 (30 A) 7 (15 Sales Comparison A) and Income Approaches Texas Appraising for the Supervisor and Trainee It is recommended (4 A) students purchase and bring an HP 17B 7 (15 Report A) Writing and Case Studies or HP 1C calculator with them to class A = Appraiser Report Writing and Case Studies Qualifying It is recommended Educationstudents purchase and bring an HP 17B Courses can be completed during 1000 hour experience accrual. or HP 1C calculator with them to class A = Appraiser Courses can be completed during 1000 hour experience accrual. Submit Qualifying Education 79-Hours of Education and Application for Appraiser Trainee to TALCB Submit 79-Hours of Education and Application for Appraiser Trainee to TALCB Submit Once you 79-Hours have completed of Education 1, and Application and USPAP at for Champions, Appraiser you will Trainee now need to TALCB submit your education and Application for Submit Approval 79-Hours as an of Appraiser Education Trainee and Application to TALCB in for the Appraiser My License Trainee system to TALCB on the TALCB s website at Click Once Register you have HERE completed to set up a user 1, ID and password, Texas and Appraising follow the for steps the Supervisor to create an and account. Trainee Once and an USPAP account at Champions, is created, you will will apply now need for a to new submit license. your The education application and fee Application for an Appraiser for Approval Trainee as license an Appraiser 35. Trainee to TALCB in the My License system on the An TALCB s Appraiser website trainee at applicant must have a sponsoring certified appraiser. The application must be completed and signed by Click the Register appraiser HERE trainee to set applicant up a user AND ID by and each password sponsoring and certified follow the appraiser. steps to create an account. Once an account is created, you will While apply for a trainee a new is license. not limited The application to a specific fee number for an of Appraiser sponsors, Trainee a sponsor license may is 35. not sponsor more than three trainees at one time. An Appraiser trainee applicant must have a sponsoring certified appraiser. The application must be completed and signed Complete by the appraiser your trainee 1,000 applicant hours AND of by experience each sponsoring over certified a minimum appraiser. of a 6-month period The While TALCB a trainee requires is not that limited you legally to a specific complete number 1,000 of hours sponsors, of experience a sponsor supported may not by sponsor written more reports than prior three to trainees receiving at your one time. license. This generally equates to residential appraisals. You must be sponsored and supervised by a Certified Appraiser. Submit Complete your your Licensed 1,000 hours Appraiser of experience Application over to a TALCB minimum of a 6-month period The TALCB requires that you legally complete 1,000 hours of experience supported by written reports prior to receiving your license. Submit completed application, experience log, signed affidavit, and a 350 application fee to the TALCB. Note: You must be at least 18 This generally equates to residential appraisals. You must be sponsored and supervised by a Certified Appraiser. years of age and a legal resident of Texas for at least 60 days immediately before filing your application. Applications are located at www. talcb.texas.gov. Submit your Licensed Appraiser Application to TALCB Take Submit the completed prep application, class at Champions experience log, signed affidavit, School and a 350 application fee to the TALCB. Note: You must be at Choose least 18 a years date from of age the and ChampionsLive! a legal resident Texas of Texas for at Qualifying least 60 days Exam immediately Prep before filing your application. Applications are schedule located at on page 39 and complete the course to prepare for the State Exam. Take the State Exam at Pearson Vue Take the prep class at Champions School Your State Exam will consist of 15 multiple choice questions with a total of 4 hours "One to Time complete Fee the - exam. Take As Many Times Choose a date from the ChampionsLive! Texas Qualifying Exam Prep The cost of the exam is 54 payable to Pearson Vue. As You Need for One Full Year!" schedule on page 39 and complete the course to prepare for the State Exam. Appointments can be made by calling or visiting pearsonvue.com/tx/appraisers. You will know if you have passed the exam before you leave the testing center. Take the State Exam at Pearson Vue Your State Exam will consist of 15 multiple choice questions with a total of 4 hours to complete the exam. The cost of the exam is 54 payable to Pearson Vue. Appointments can be made by calling or visiting pearsonvue.com/tx/appraisers. You will know if you have passed the exam before you leave the testing center. Congratulations! As a Licensed Appraiser, you may appraise 1-4 non-complex properties with a transaction value of less than 1,000,000 and complex properties with a transaction value of less than 50,000. *Effective Jan 1, 017: Appraisers that are renewing or applying for an Appraiser License will now require fingerprinting. TREC 36 COURSE CATALOG WINTER - SPRING 019 Choose to be a Champion

TREC APPRAISAL QUALIFYING EDUCATION PROGRAMS Champions School of Real Estate will help you successfully prepare for a career in the industry.

Our comprehensive education is created and taught by award winning instructors and ensures you receive the most accurate and up-to-date information to help you become a champion!

2 TREC APPRAISAL QUALIFYING EDUCATION PROGRAMS Champions School of Real Estate will help you successfully prepare for a career in the industry. Our students are provided with the most quality education available in a variety of convenient study formats. Our comprehensive education is created and taught by award winning instructors and ensures you receive the most accurate and up-to-date information to help you become a champion! Qualifying Education Hours Delivery Price* 04-Hour Certified Appraiser Program Includes courses 1,, 3, 4, 5, 6, 7 and Statistics, Modeling and Finance, Specialized Topics (online), Mastering Unique and Complex Property (classroom), USPAP, Texas Appraising for the Supervisor & Trainee, and Exam Prep course. 154-Hour Licensed Appraiser Program Includes courses 1,, 3, 4, 5, 7, Texas Appraising for the Supervisor and Trainee, USPAP and Prep course (USPAP is only available in the classroom or online. 150-Hour Licensed Appraiser Program Includes courses 1,, 3, 4, 5 and 7, USPAP and Prep course (USPAP is only available in the classroom or online. Prep available as ChampionsLive! only) 79-Hour Appraiser Supervisor Trainee Program w/ Supervisor-Trainee Course Includes 1,, USPAP and Appraising for the Supervisor and Trainee (USPAP is only available in the classroom or online) Save Save Save Save 197 Continuing Education Hours Delivery Price* Course Delivery Options Classroom ChampionsLive! Online Correspondence play-cir Online Learn More About Delivery Methods on page 47 or ChampionsSchool.com Speak to a Counselor About a Customized Program for Your Career! ChampionsSchool.com/ YOU HAVE QUESTIONS ABOUT REAL ESTATE APPRAISAL EDUCATION, WE HAVE ANSWERS. APPRAISAL LINSING AND RENEWAL 8-Hour Renewal Program Save 78 TO SEE A LIST OF STATES WE PROVIDE EDUCATION FOR, GO TO PAGE Choose to be a Champion COURSE CATALOG WINTER - SPRING

APPRAISAL LINSING AND RENEWAL Qualifying Education A Delivery Price* 1 - Basic Principles 30 - Basic Procedures 30 3 - Market Analysis and Highest and Best Use 4 - Site Valuation and Cost Approach 5

3 APPRAISAL LINSING AND RENEWAL Qualifying Education A Delivery Price* 1 - Basic Principles 30 - Basic Procedures Market Analysis and Highest and Best Use 4 - Site Valuation and Cost Approach 5 - Sales Comparison and Income Approaches 6 - Advanced Applications and Case Studies 7 - Report Writing and Case Studies Mastering Unique & Complex Properties 0 USPAP 15 Statistics, Modeling and Finance 15 Specialized Topics Texas Appraising for the Supervisor and Trainee QUALIFYING EDUCATION COURSE SCHEDULE Offering Every Course You Need to become Licensed Certified Appraiser in Texas and Succeed! Prepare for a career in Texas Real Estate with a complete education program designed to help you succeed as an professional. Our courses will take you from learning basic principles of the business to having hands-on experience. We provide every course you will need in order to meet the Texas Appraiser license requirements set forth by the Texas Appraiser Licensing and Certification Board (TALCB)! To register for your class today, please visit us at Champions.Fastclass.com, contact your local campus, or call and speak with a Career Counselor! 0 4 Class Times Prep GO TO PAGE 39 FOR DETAILED COURSE DESCRIPTIONS 15-Hour Courses: 8:30 AM 4:45 PM 0-Hour Courses: 8:30 AM 4:15 PM 30-Hour Courses: 8:30 AM 4:45 PM 4-Hour Course: 8:30 AM 1:30 PM See Page 38 for Course Course # DALLAS NORTH CAMPUS Jan 7-8 Mon/Tue USPAP Feb Basic Principles Feb Basic Procedures Feb 16 Sat Trainee/Supervisor Feb 7-8 Wed/Thu 7 - Report Writing Mar - 3 Sat/Sun USPAP Mar 4-5 Mon/Tue Statistics, Modeling & Finance Mar Sales Comparison Apr 3-4 Wed/Thu 4 - Site Valuation Apr 8-9 Mon/Tue 3 - Market Apr Wed/Thu 7 - Report Writing Apr - 4 Mon - Wed Mastering Unique & Complex Properties Apr 7-8 Sat/Sun 6 - Advanced May 4-5 Sat/Sun USPAP May Basic Principles May Basic Procedures May 18 Sat Trainee/Supervisor Jun Sales Comparison Jun - 3 Sat/Sun 3 - Market Jun 9-30 Sat/Sun 4 - Site Valuation Jul Wed/Thu 7 - Report Writing HOUSTON NORTH CAMPUS Jan Basic Principles Jan 1 Sat Trainee/Supervisor Jan Basic Procedures Jan 3-4 Wed/Thu 7 - Report Writing Jan Sales Comparison Feb 9-10 Sat/Sun Statistics, Modeling & Finance Feb Sat/Sun USPAP Mar 6-7 Wed/Thu 6 - Advanced Mar Sat/Sun 3 - Market Mar 3-4 Sat/Sun 4 - Site Valuation Mar 7-8 Wed/Thu 7 - Report Writing Apr 6-7 Sat/Sun USPAP May 8-10 Wed - Fri Mastering Unique & Complex Properties May Thu/Fri 7 - Report Writing Jun Basic Principles Jun 8 Sat Trainee/Supervisor Jun Basic Procedures Jun 19-0 Wed/Thu 7 - Report Writing Jun Sales Comparison Jul Sat/Sun Statistics, Modeling & Finance Jul 0-1 Sat/Sun USPAP Jul 7-8 Sat/Sun 3 - Market Jul 9-30 Mon/Tue 4 - Site Valuation TREC 38 COURSE CATALOG WINTER - SPRING 019 Choose to be a Champion

TREC TEXAS APPRAISAL QUALIFYING EDUCATION COURSE DESRIPTIONS 1: Basic Principles An overview of real property concepts and characteristics, legal considerations, value influences, economic

TALCB #7856, 30-Hour A; TREC #11, 30-Hour ; TALCB #30846, 8-Hour A : Basic Procedures An overview of approaches to valuation procedures, value, property description, residential and commercial

4 TREC TEXAS APPRAISAL QUALIFYING EDUCATION COURSE DESRIPTIONS 1: Basic Principles An overview of real property concepts and characteristics, legal considerations, value influences, economic principles, real estate markets and analysis and ethics in real estate appraisal. TALCB #7856, 30-Hour A; TREC #11, 30-Hour ; TALCB #30846, 8-Hour A : Basic Procedures An overview of approaches to valuation procedures, value, property description, residential and commercial applications, improvement, construction, home inspection and appraisal math. TALCB #7855, 30-Hour A,TALCB #30847, 8-Hour A; TREC #, 30-Hour 3: Market Analysis and Highest and Best Use markets and analysis through market fundamentals, characteristics and definitions, supply and demand analysis, use of market analysis, and analysis of the highest and best use process. TALCB #3341, 15-Hour A 3340, 14-Hour A 4: Site Valuation and Cost Approach The various methods for valuing the site as if vacant, the advantages and disadvantages of using the cost approach, Replacement Cost New vs. Reproduction Cost New, estimating accrued depreciation. TALCB #3101, 15-Hour A; TALCB #31019, 14-Hour A, # Hr Classroom; # Hr Classroom 5: Sales Comparison and Income Approach:Concepts and Techniques Valuation fundamentals and data analysis, selecting and adjusting comparable sales, understanding of considerations for investment properties, and applying the income capitalization method. TALCB #7854, 30-Hour A, 8-Hour A; TREC #5, 30-Hour ; # Hour Classroom 6: Advanced Applications and Case Studies Theories, techniques, hands-on examples and procedures to appraisal process and using various residential forms and reports for appraisal. TALCB #7797, 15-Hour A; TALCB #7797, 14-Hour A # : Report Writing and Case Studies Demonstrate basic knowledge of data usage, how to select and perform sales comparisons, how to properly fill out various forms, USPAP rules and other guidelines. TALCB #7871, 15-Hour A; 15-Hour ; TALCB # 31049, 14-Hour A Mastering Unique and Complex Property This course teaches a better understand how an assignment can become complex and considerations of appraiser competency. Learn how to apply accepted methodology and techniques. Course discusses property types like mixed use, income-producing and One-of-a-kind properties. TALCB #7887, 0-Hour A; TALCB #31401, 18-Hour A Statistics, Modeling and Finance This course covers measurement of central tendency, gathering data and checking dispersion, theory of regression modeling, practical application and case studies in statistical analysis, and various finance programs. TALCB #7851, 15-Hour A; 10-Hour ; TALCB #3088, 14-Hour A Specialized Topics Specialized Topics is a 0-hour appraisal prelicensing course that provides a comprehensive look at general residential appraisal review, analysis of -4 family and multi-family properties, and analysis of unique and complex properties. TALCB # Hour A Uniform Standards of Professional Practice (USPAP) 39 Study latest edition of USPAP, its definitions and rules History, professionalism, valuation and appraisal practice Preamble and structure of USPAP Standards 1-10 Advisory opinions TALCB #3333, #3334, 15-Hour A; TALCB #33809, 14-Hour A; 15-Hour TREC M using Form _PDC-0 Texas Appraising for the Supervisor and Trainee 99 This course is an overview of national and state appraisal regulatory bodies as well as a comprehensive discussion of the minimum AQB qualifying criteria for supervisory appraisers and the various appraiser classifications. TALCB #7783, 4-Hour A, 4-Hour A APPRAISAL LINSING AND RENEWAL UNIFORM STANDARDS OF PROFESSIONAL APPRAISAL PRACTI (USPAP) 39 This course offers hands-on real life situations to give you the real meaning of professional standards, the code of ethics, and your obligations under the law. You will receive the latest edition of the Uniform Standards of Professional Practice (USPAP) to keep for your use. Also included are copies of the Federal Financial Institutions Standards and, the latest Standards Board Advisory Opinions. 15-Hour A; This course must be completed within 4 months of filing your TALCB application. DALLAS Jan 7-8 Mar - 3 May 4-5 HOUSTON NORTH Mon/Tue Feb Sat/Sun Sat/Sun Apr 6-7 Sat/Sun Sat/Sun Jul 0-1 Sat/Sun 8:30 AM 4:45 PM TEXAS APPRAISAL QUALIFYING EXAM PREP It's Your Key to Passing the State Exam! The Essential Preparation Tool for the State Exam! This course is based on the current national exam for appraisers. The material has over 150 questions to challenge the appraiser in preparation for the national exam. No one should attempt the Texas exam without first studying this prep course. 149 CHAMPIONSLIVE! Feb 7-8 Wed/Thu Apr 5-6 Thu/Fri Jul 4-5 Wed/Thu 8:30 AM 4:30 PM Attend a ChampionsLive! broadcast of the Prep course by going to your nearest campus or from your own home office! All you need is a webcam and audio to join a broadcast. Virtual Classroom Choose to be a Champion COURSE CATALOG WINTER - SPRING

5 TREC TEXAS APPRAISAL CONTINUING EDUCATION Renew Your License Every Two Years to Maintain an Active License. Continuing education is not just a requirement from the Texas Appraiser Licensing and Certification Board, it is your chance to connect with other industry professionals and learn what is happening in the industry and where the industry is headed. APPRAISAL LINSING AND RENEWAL APPRAISAL 8-HOUR PROGRAM Pick and choose from the list of courses that can be done for continuing education credit. USPAP can be taken in the classroom or taken online. 459 Save 78! Choose Classroom or Online: National USPAP Update (7-Hour A ) 189 Choose Classroom or Online: Better (to be) Safe Than Sorry (7-Hour A) 119 Report Writing and Case Studies (14- Hour A) DALLAS NORTH CAMPUS Feb 5-8 Apr Jul HOUSTON NORTH CAMPUS Jan 1-4 Mar 5-8 May :30 AM 4:45 PM Call a Counselor to Get Started Austin ChampionsLive! Dallas Fort Worth Houston Galleria Houston North Houston West National Online San Antonio Continuing Education 7-Hour Equivalent/National USPAP Update Course* Review of Properties A Hours Delivery Price* Basic Construction Review Better (to be) Safe Than Sorry* Covering All the Bases in Reporting Defensible Appraising Green in Residences and s Methodology and Applications of Sales Comparison Property and Valuation Analysis for FHA FHA Property Analysis Qualifying Education A Hours Delivery Price* 1 - Basic Principles 8 - Basic Procedures Market Analysis and Highest and Best Use 4 - Site Valuation and Cost Approach 5 - Sales Comparison and Income Approaches 6 - Advanced Applications and Case Studies 7 - Report Writing and Case Studies* USPAP Statistics, Modeling and Finance 14 Texas Appraising for the Supervisor and Trainee 4 99 * Part of 8-Hour Package; TREC 40 COURSE CATALOG WINTER - SPRING 019 Choose to be a Champion

TREC NATIONAL APPRAISAL EDUCATION COURSES Offering an Unparalleled Education Experience to the Student. Champions School of Real Estate will help you successfully prepare for a career in the Industry.

6 TREC NATIONAL APPRAISAL EDUCATION COURSES Offering an Unparalleled Education Experience to the Student. Champions School of Real Estate will help you successfully prepare for a career in the Industry. Our students are provided with the highest quality education available in a variety of convenient study formats. Our comprehensive education is created and taught by award winning instructors and ensures you receive the most accurate and up-to-date information! QUALIFYING EDUCATION Prepare for a career in real estate appraisal with a complete appraiser education Program designed to succeed as an appraiser professional. Our appraiser courses take you from the basic principles to appraisal experience and have everything you need to meet the appraiser license requirements, and to help you obtain your appraisers license and succeed in your new career! Arizona California Illinois Maryland Missouri New Jersey Oklahoma Pennsylvania CONTINUING EDUCATION Texas Virginia Washington Wisconsin True Online Courses Sign-In From Home or Office Start and Stop at Your Convenience APPRAISAL LINSING AND RENEWAL Continuing education is not just a requirement from the Appraiser Licensing and Certification Board, it is your chance to connect with other industry professionals and learn what is happening in the industry, the world and around the US. Arizona California Maryland Missouri New Jersey New York Oklahoma Pennsylvania Texas Virginia Washington Wisconsin Superior Curriculum Leader in Education Choose to be a Champion COURSE CATALOG WINTER - SPRING

Complete your 2,000 hours of experience over a minimum of a 12-month period

Complete your 2,000 hours of experience over a minimum of a 12-month period Six Steps to Become a Licensed Appraiser Take the Required Courses at Champions Appraisal School 1 Appraiser Trainee Program (79 hrs) Courses must be completed before submitting application for approval