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30-Hr. Tennessee Pre-Licensing: Real Estate Appraisal

$219
This product includes:
Elective Hours: 30 Mandatory: 0 Total Hours: 30
Description
State Requirements

This course covers real estate appraisal topics geared toward real estate licensees. No, you're not an appraiser, but the state requires licensees to have a thorough understanding of the appraisal process. Why? Several reasons. Among these:

  • Most transactions are dependent on financing and financing requires an appraisal.
  • An understanding of valuation methods used by appraisals will assist you in performing more realistic comparative market analyses.
  • When properties don't appraise, sale fails can occur. An understanding of how an appraiser arrived at a value estimate will help you decide whether it's worth contesting the appraisal.

Topics include central purposes and functions of an appraisal, social and economic determinant of value, cost, market date and income approaches to value estimates, final correlations, and reporting. The course also includes case studies.

Package Content:

State Requirements For Tennessee

Hours Required by the State: 30 hours (After completing 90 hours of affiliate broker education)

Licensing Exam: The licensing exam is administered by PSI.  Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.

The CE Shop’s Offering: 30 hours (After completing 90 hours of affiliate broker education)

Provider Approval Number: 1456

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: The CE Shop’s Pre-Licensing courses expire six months after the date of purchase. Each student will be granted a one-month extension at no charge, to be applied immediately after the initial six-month term. For any reactivation or extension of the course after the seventh month, The CE Shop will charge the student 20% of the current retail price of the course for each 30-day extension or partial 30-day extension in the event that the course finally terminates before the end of the final 30-day extension. Students may also elect to re-enroll for 50% of the current retail price of the course, if the course has hit the year expiration or the student is at the 7-month mark and wants to repurchase and restart the course and enrollment.  Extensions or reactivations cannot be granted beyond 12 months from the purchase of the course since, in all events, the course terminates 12 months after purchase.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final exams must be passed with a minimum of 70% and may be taken a maximum of 2 times.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Tennessee Real Estate Commission

Street Address: 500 James Robertson Pkwy, Nashville, TN 37243-1151

Telephone: 615.741.2241 or 800.342.4031

Fax: 615.741.0313

Tennessee Real Estate Commission Website

License Renewal Website

License Lookup Website

FAQs

Contact TREC via Email