The training program is designed to drive diversity in the appraiser profession through high-quality training, technology, and analytics.
Valligent Appraisal Training Program
The training program is designed to provide the technology, analytics and expertise to appraisers which will help reduce subjectivity in property valuation.
Become An Appraiser Trainee
To qualify to work as an appraiser trainee, an individual must complete certain state required course work. As part of our sponsorship of the Appraiser Diversity Initiative, we mentor prospective trainees in completion of the required education. Mentorship includes information about the appraisal industry, what it is like being an appraiser and providing additional resources and industry websites to learn more about the profession.
We also provide access to veteran appraisers for any questions that come up in the education process.
To become a state licensed appraiser, trainees must successfully pass a comprehensive examination administered by a state or territory that is issued or endorsed by the Appraiser Qualifications Board of The Appraisal Foundation.
The course work and mentoring we provide within the training program is structured to assist trainees in passing the license exam. Further, we provide test-prep and knowledge review to prepare each trainee for the state exam.
The Appraiser Trainee Curriculum
Preparation For State Trainee Exam
- Basic Concepts
- Legal Descriptions of Land
- Deeds, Contracts, and Leases
- Real Estate Markets – Supply and Demand
- Influences on Real Estate Values
- Types of Value
- Applications and Illustrations of Economic Principles
- Market Analysis
- Real Estate Math
- Valuation Process
- Data Collection
- Building Styles and Construction
- High-rise Condominiums and their Risks
- Sales Comparison Approach – Principles and Data Sources
- Sales Comparison Approach – Adjustment Procedures
- Valuation Principles and Procedures of the Sales Comparison Approach
- Sales Data
- Analysis Techniques of the Sales Comparison Approach
- Procedures of the Sales Comparison Approach
- Partial Interests, and Real Property Rights
- Financing Terms and Cash Equivalency
- Contracts and Concessions
- Market Conditions
- Location Adjustments
- Physical Characteristics Adjustments, matched pair methodology
- Completing the Sales Comparison Approach
- Economic Principles and Types of Value
Post Trainee Exam Education
- HUD appraisal requirements
- 2-4 Income Properties
- Condos, PUDs, Condo hotels, Co-ops
- Manufactured housing
- Fannie/Freddie Selling Guides
- Litigation red flags, common red flags
- Common errors
- Unique situations
- Proper handling of repairs and deferred maintenance
- Structural Additions and Modifications / Garage Conversions
- Practical Regression Analysis
- Comparable selection techniques
To become a state licensed and certified appraiser, trainees must successfully pass a comprehensive examination administered by a state or territory that is issued or endorsed by the Appraiser Qualifications Board of The Appraisal Foundation.
To apply to become a real property appraiser trainee, please email us!