Illinois Appraisal Continuing Education Online

Simplify your IL license renewal with AQB-approved courses from our online appraiser school

Course Search
Choose the Illinois online appraisal CE courses that are right for you

All individual Illinois appraisal CE courses are AQB-approved. Make completing your appraisal education requirements convenient with 24/7 access.

14-Hour Renewal Package with USPAP

Format | Package

Credit Hours | 14

Category | Continuing Education

SKU | 553IL038001

$219.00

More Info

Sales Comparison Approach

2018-2019 7-Hour Equivalent USPAP Update Course

This package includes:

- 2018-2019 7-Hour Equivalent USPAP Update Course - This course describes the changes made to the USPAP document for 2018-2019. Issues commonly found in appraisal practice are addressed in multi-media scenarios that answer appraisers' frequently asked questions.

- Sales Comparison Approach - This course covers the steps in the sales comparison approach to valuation. The course explains the data collection process and the various methods for estimating adjustments. Students will apply what they learn using numerous examples.

2018-2019 7-Hour Equivalent USPAP Update Course

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL18035001

$189.00

More Info

Get a full understanding of the changes made to the Uniform Standards of Professional Appraisal Practice (USPAP).

This mandatory appraisal continuing education course will explain the rationale to the 2018-2019 USPAP revisions, address issues commonly found in the appraisal industry, and answer frequently asked questions with the use of interactive, multi-media appraisal scenarios

Also included in this package is the USPAP Manual eBook.

Residential Report Writing and Case Studies

Format | Online Self-Paced

Credit Hours | 14

Category | Continuing Education

SKU | 553IL016001

$189.00

More Info

Want to produce professional, thorough appraisal reports? Then this appraisal course is for you! You'll get a crash-course on the numerous writing exercises needed to be a successful appraiser. This online course covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. With is hands-on course, you'll retain information better as you complete the exercises, including: compiling of competent and practical narrative comments to be included in appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports.

Residential Appraiser Site Valuation & Cost Approach

Format | Online Self-Paced

Credit Hours | 14

Category | Continuing Education

SKU | 553IL017001

$189.00

More Info

Gain confidence in your appraisal valuation skills! This online appraisal course provides a more in-depth dive into appraisal valuation concepts and cost approach applications. Plus, it meets 15 hours of the requirement for the Trainee level up to the Licensed Appraiser level of the Real Property Appraiser Qualification Criteria. You'll develop a stronger understanding of the cost approach process with step-by-step examples of applying this appraisal value method. Course highlights include: interview methods and tips, market extraction, and data sources from professional services. Prerequisities: Basic Appraisal Principles and Basic Appraisal Procedures.

Residential Market Analysis and Highest and Best Use

Format | Online Self-Paced

Credit Hours | 14

Category | Continuing Education

SKU | 553IL018001

$189.00

More Info

Dive into residential market analysis with this online appraisal continuing education course. You'll get a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices. Learn three approaches in appraisal valuation, including: sales comparison, cost and income capitalization. You'll gain insight into the connection between highest and best use analysis, market analysis, and the three approaches to real estate valuation. Prerequisites: Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures.

A URAR Form Review

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL013001

$99.00

More Info

This online appraisal course provides you with a detailed walkthrough of how to complete the Uniform Residential Appraisal Report (URAR). You'll learn each step of the URAR process as the class guides you through the sections and necessary fields of the form. At completion of this appraisal CE course, you should have a full understanding of how to complete the URAR reports in compliance with USPAP.

Income Capitalization Overview

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL023001

$99.00

More Info

This hands-on appraisal course, complete with exercises to better your understanding and retention, provides you with an overview of how the income approach to valuation works. Lessons include estimating income and expenses as well as estimating capitalization rates. This continuing education appraisal class covers both yield capitalization and direct capitalization.

Appraisal Math and Statistics

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL020001

$99.00

More Info

Having a true understanding of appraisal math is essential for your success as a real estate appraiser. This online appraisal course provides you with insight into key mathematical functions including the mathematics of finance, calculating area and statistics involved in appraisal.

Sales Comparison Approach

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL030001

$99.00

More Info

How does the property you are appraising stand up to recently sold properties in the same area? This appraisal course walks the student through the sales comparison approach to real estate appraisal. You'll learn the procedures recommended in the collection of data, as well as different ways that adjustments can be estimated. This hands-on online appraisal class includes multiple examples to help the student apply and retain the information.

Cost Approach Overview

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553IL022001

$99.00

More Info

With this hands-on learning exercise you'll gain knowledge on cost approach valuation and the methods included in calculating it. You'll learn ways to estimate depreciation and cost. This introductory online appraisal continuing education course includes various examples to ensure proper understanding and retention.

OnCourse Learning Publishing

The Path to Success Begins with Knowledge

Basic Real Estate Appraisal, 9th Edition (E-Book)

Basic Real Estate Appraisal, 9th Edition (E-Book)

Format | Download

Category | Textbook

SKU | 9781629800448

$67.10

More Info

Written by instructors for instructors, Basic Real Estate Appraisal covers the fundamentals of the appraisal business, making concepts accessible for aspiring real estate appraisers. It also helps real estate salespeople, brokers, consumers, investors, and all others seeking a better understanding of the role of appraisers in today’s real estate market. This ninth edition reflects the major changes in appraising and appraisal regulations in recent years, including changes to the Uniform Standards of Professional Appraisal Practice (USPAP) in the 2014–2015 Edition, as well as those approved for the 2016–2017 Edition. This edition also addresses the Uniform Appraisal Dataset (UAD) and the Market Conditions Addendum used in single-family residential appraisals for lending purposes.

Illinois Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Illinois Department of Financial & Professional Regulation. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.

Illinois Appraisal Licensure Levels:

  • Associate Real Estate Appraiser
  • Certified Residential License
  • Certified General License

Illinois Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Must meet the educational requirement for the applying level of licensure
  • Must meet the experience requirement for the applying level of licensure
  • For Certified Residential level:  A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required 
  • For Certified General level:  A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required
  • Satisfactory completion of the state examination
  • Submit application, required documents, and associated fees

Illinois Appraisal Education Requirements:

  • 75 hours for the Associate Real Estate Appraiser which consist of the following courses:  Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
  • 200 Hours for the Certified Residential Appraiser which consist of the same 75 hours of Associate Real Estate Appraiser education AND:  Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours) Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
  • 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND:  General Appraiser Sales Comparison and Income Approach (15 hours), General Appraiser Site Valuation and Cost Approach (15 hours), General Appraiser Income Approach (45 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)

Illinois Appraisal Experience Requirements:

  • Associate Real Estate Appraiser – No experience requirement
  • Certified Residential Appraiser – 2500 hours in no less than 24 months
  • Certified General Appraiser – 3000 hours in no less than 30 months with at least 1500 hours of experience in non-residential appraisals 

Illinois Appraisal Continuing Education Requirements:

  • All licensees expire September 30 odd number years
  • Appraisers are required to complete 28 hours of continuing education each renewal cycle
  • The 7-hour USPAP Update course or its equivalent must be taken every other year

 

Join our mailing list and get access to the latest courses, discounts, insights and much more!  You may unsubscribe at any time

© 2019 OnCourse Learning Corporation | All rights reserved.