Michigan Appraisal Continuing Education Online

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

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Choose the Michigan online appraisal CE courses that are right for you

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

Residential Market Analysis and Highest and Best Use

Format | Online Self-Paced

Credit Hours | 14

Category | Continuing Education

SKU | 553MI018001

$189.00
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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.

14-Hour Renewal Package 1 with USPAP

Format | Package

Credit Hours | 14

Category | Continuing Education

SKU | 553MI036001

$219.00
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2018-2019 7-Hour Equivalent USPAP Update Course

A URAR Form Review

This package includes:

- 2018-2019 7-Hour Equivalent USPAP Update Course - Issues commonly found in appraisal practice are addressed in multi-media scenarios that answer appraisers' frequently asked questions.

- A URAR Form Review - This course provides the student with the guidelines and direction to create URAR reports which are in compliance with USPAP.

14-Hour Renewal Package 2 with USPAP

Format | Package

Credit Hours | 14

Category | Continuing Education

SKU | 553MI037001

$219.00
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2018-2019 7-Hour Equivalent USPAP Update Course

Appraisal Math and Statistics

This package includes:

- 2018-2019 7-Hour Equivalent USPAP Update Course - Issues commonly found in appraisal practice are addressed in multi-media scenarios that answer appraisers' frequently asked questions.

- Appraisal Math and Statistics - This course covers appraisal mathematical functions including calculating area, appraisal statistics, and mathematics of finance.

Residential Report Writing and Case Studies

Format | Online Self-Paced

Credit Hours | 14

Category | Continuing Education

SKU | 553MI016001

$189.00
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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.

2018-2019 7-Hour Equivalent USPAP Update Course

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553MI18035001

$189.00
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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.

A URAR Form Review

Format | Online Self-Paced

Credit Hours | 7

Category | Continuing Education

SKU | 553MI013001

$99.00
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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 | 553MI023001

$99.00
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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 | 553MI020001

$99.00
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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 | 553MI030001

$99.00
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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 | 553MI022001

$99.00
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This introductory online appraisal continuing education course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. You'll learn ways to estimate depreciation and cost. The appraisal class 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
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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.

Michigan Appraisal License Requirements

The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the LARA Department of Licensing and Regulatory Affairs. 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.

Michigan Appraisal Licensure Levels:

  • Limited Real Estate Appraiser
  • State Licensed Real Estate Appraiser
  • Certified Residential Appraiser
  • Certified General Appraiser

Michigan Appraisal Licensure Requirements:

  • Must be at least 18 years of age
  • Must have a high school diploma or its equivalent
  • Must be of good moral character
  • 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 (Limited Real Estate Appraisers are not required to take a state exam)
  • Submit application, required documents, and associated fees

Michigan Appraisal Education Requirements:

  • 75 hours for the Limited 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)
  • 150 hours for the State Licensed Real Estate Appraiser which include the same hour requirement as the Limited Real Estate Appraiser level 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)
  • 200 Hours for the Certified Residential Real Estate Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND:  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 Real Estate Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND:  Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)

Experience Requirements:

  • Limited Real Estate Appraiser – No experience requirement
  • State Licensed Real Estate Appraiser – 2000 hours including 1500 in residential experience in no less than 12 months
  • Certified Residential Real Estate Appraiser – 2500 hours including 1500 hours in residential experience in not less than 24 months
  • Certified General Real Estate Appraiser – 3000 hours in not less than 30 months with at least 1500 hours of experience in nonresidential appraisals

Michigan Appraisal Continuing Education Requirements:

  • Licenses expire on July 31 of the renewal year. New licenses issued after the first week in April will expire on July 31 of the following year
  • License renewals not received by July 31 can be renewed with submission of the regular renewal fee, plus a $20.00 late fee until September 29.  Beginning September 30 of the renewal year the licensee must apply for relicensure.  Licensees must take 28 hours of education during the two year renewal cycle
  • In accordance with the Appraiser Qualifications Board Criteria, effective July 1, 2013 Limited Real Estate Appraisers are required to complete 14 hours of approved continuing education from the date of licensure
  • To ensure that your renewal is processed timely, continuing education should be completed and reported to the department no later than May 30 of each renewal year, even though the deadline for continuing education is July 31 of each renewal year. The hours may be completed at any time during the 2-year renewal period, which begins August 1 of each renewal year
  • The 7-hour National USPAP course must be completed every renewal period.  Also, a 2-hour course on Michigan appraiser licensing law and rules must be completed every 2 years

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