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Basic Appraisal Principles

$435
This product includes:
National: 30 State Specific: 0 Total Hours: 30
Description
State Requirements

This course provides 30 hours of instruction in basic appraisal principles, which satisfies a portion of the Appraisal Qualifications Board (AQB) qualifying education for aspiring professionals. Topics include an introduction to the appraisal profession, real estate concepts and property characteristics, ownership, interests, and rights, title and transferring real estate, and an introduction to contracts and leases appraisers may find in real estate. The course also dives into types of and approaches to value, influences on real estate, economic principles, and real estate markets. The course closes on the ethics in theory and practice of appraisal along with valuation bias, fair housing, and equal opportunity that will be top of mind in an appraisal practice.

Package Content:

State Requirements For Wisconsin

Wisconsin State Requirement Details for Licensed Appraisers

Core Hours Required by the State: 158 hours

  • Basic Appraisal Practices - 30 hours
  • Basic Appraisal Principles - 30 hours
  • 15-Hour National USPAP Course or equivalent - 15 hours
  • Residential Market Analysis and Highest and Best Use — 15 hours
  • Residential Appraiser Site Valuation and Cost Approach — 15 hours
  • Residential Sales Comparison and Income Approaches — 30 hours
  • Residential Report Writing and Case Studies — 15 hours
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course*

*Beginning January 1, 2026, an 8-Hour Valuation Bias and Fair Housing Laws and Regulations course will be required for Qualifying Education when earning or upgrading a credential.

Licensing Exam: The Wisconsin Real Estate Appraisers Board uses Partest Online as its testing agent. Registration for the state licensing exam is an entirely separate process from your course final exam. For instructions to register for your state licensing exam and further information, please click here. 

The CE Shop’s Offering: 83 hours

  • Basic Appraisal Practices - 30 hours
  • Basic Appraisal Principles - 30 hours
  • 15-Hour National USPAP Course/ 15-Hour Equivalent USPAP Course
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course*

Reporting: The state does not require schools to report qualifying education course completions.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

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.

Proctored Final Exam: The state requires your final exam to be proctored. You’ll need to schedule an appointment with a proctor in advance. You can find full details of the proctoring process here. Upon passing the final course exam, you will be asked to sign an affidavit verifying your identity as the student who completed the course and the final course exam.

Wisconsin Real Estate Appraisers Board

Street Address: 4822 Madison Yards Way, Madison, WI  53705

Telephone: (608) 266-2112

Wisconsin Real Estate Appraisers Board