The Program
The training program is designed to drive diversity in the appraiser profession through high-quality training, technology, and analytics.
Valligent Appraisal Training Program
- The Valligent Appraisal Training Program is designed to assist individuals in obtaining their initial Trainee license.
- Focus is on underrepresented communities, i.e. lower income, tribal, veteran, rural, and low appraiser supply markets
- Trainees receive an excellent salary and benefits package until full licensure
Subjectivity Elimination
The training program is designed to provide the technology, analytics and expertise to appraisers which will help reduce subjectivity in property valuation.
- Virtual inspections
- Comparable similarity ranking tools
- Comparable adjustment analytics
- Final value determination weighting
Become An Appraiser Trainee
Pre-training Assistance
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.
Training Curriculum
- Basic Concepts
- Market Analysis
- Site Analysis
- Improvement Analysis
- Analysis Techniques of the Sales Comparison Approach
- Sales Comparison Approach – Adjustment Procedures
- 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
- Publications/Literature
- Unique Situations
- Proper Handling of Repairs and Deferred Maintenance
- Structural Additions and Modifications / Garage Conversions
- Practical Regression Analysis
- Comparable Selection Techniques
Comprehensive Exam
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.
Initial Education
VATP will provide qualified candidates with the educational materials to pass the pre-appraiser Trainee exam. Further educational documents will be provided throughout your training period as you progress to a full appraisal license.
Inspection Boot Camp
During the initial training period, you will complete appraisal inspections with your Supervisory Trainer, in-person, until it is deemed you have mastered the required inspection skills. For the remainder of your training period you will be provided a video camera for your Supervisor to co-inspect virtually.
Field Work
For the remainder of your training period you will be responsible for completion of appraisal assignments in conjunction with your Supervisory Appraiser Trainer.
VATP
The Appraiser Trainee Curriculum
Preparation For State Trainee Exam
- Basic Concepts
- Legal Descriptions of Land
- Definitions
- 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
- Reconciliation
- Test
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
- Publications/Literature
- Unique situations
- Proper handling of repairs and deferred maintenance
- Structural Additions and Modifications / Garage Conversions
- Practical Regression Analysis
- Comparable selection techniques
Comprehensive Exam
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.
Enroll Now
To apply to become a real property appraiser trainee, please email us!