ILR1-08 Course Description   |   ILR2-08 Course Description   |   ILR3-08 Course Description

ILR1-08 is the introductory course in the core curriculum. This course provides an overview of the valuation process and lays the foundation for employing appraisal methodology. The course is designed to establish a basic understanding of appraisal theory and the context in which objective judgment is applied. Uniform Standards of Professional Appraisal Practice (USPAP) are prefaced, and the responsibility for rendering sound conclusions is stressed.

  • The appraisal profession
  • Nature of value and appraisals
  • Real estate markets
  • Money markets and capital markets
  • Data collection and analysis
  • Neighborhoods and what makes them unique
  • Land, site, and improvement description
  • Highest and Best use analysis
  • Traditional Approaches to Value

    Note:
    ILR1-08 is a pre-requisite for ILR2-08.

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Student Comments

“I wanted to let you know that I took my test today. I passed! I don't know by how much, but I did it. I want you to know that the classes I took with you were, of course, the greatest. Your teaching style makes it easy to learn and understand. I will recommend you and your school to anyone I know who wishes to get in this field. Also, I can't imagine that I will take the continuing ed classes anywhere but with you.Thank you for all of your help!"

Dominick
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