Return to course listing

Basic Appraisal Principles

$435
This product includes:
Elective Hours: 0 Mandatory Hours: 30 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 Washington

Washington State Requirement Details for Trainee Appraiser Qualifying Education

Core Hours Required by the State: 87 hours

  • Basic Appraisal Practices - 30 hours
  • Basic Appraisal Principles - 30 hours
  • USPAP Course - 15 hours
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course*
  • Supervisory Appraiser/Trainee Appraiser 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 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.

Washington State Requirement Details for Trainee Appraisers

The CE Shop’s Offering: 87 Hours

  • 30-hour Basic Appraisal Principles
  • 30-hour Basic Appraisal Procedures
  • 15-Hour National USPAP Course
  • 8-hour Valuation Bias and Fair Housing Laws and Regulations course
  • 4-hour Supervisory Appraiser/Trainee Appraiser Course

Reporting: The state does not require schools to report 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 an online 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.

Washington State Department of Licensing

Street Address: 4500 11th Ave SE, Olympia, WA 98504

Mailing Address: PO Box 3777, Seattle, WA 98124-3777

Telephone: (360) 664-6504

Washington State Department of Licensing