Real Estate/ Post-Licensing/ Tennessee/ Real Estate Appraisal

Real Estate Appraisal

$335

This product includes:

LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 0 Mandatory Hours: 30 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: 120 Hours before the third anniversary of your broker license

The CE Shop’s Offering: 120 Hours before the third anniversary of your broker license

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: 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.

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

Special Licenses: There is a special license issued in TN - Designated Agent for Vacation Lodging. This licensee must take CE, but The CE Shop cannot report the course on their behalf. Each licensee must send their certificate(s) directly to the state.

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