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RPRA Courses

The RPRA requires applicants to complete one appraisal course, the ASFMRA Best in Business Ethics and either the Foundations of Appraisal Review (A600) or have taken the other four review courses.  For a full list of the requirements of the RPRA, please click here

ASFMRA Best in Business Ethics for New Members (seminar or webinar)

ASFMRA members are hands down THE Best in the Business. Keeping your skills sharp and sharing your perspective is what the new “Best in Business Ethics” class is all about. This offering replaces the previous versions of ASFMRA Ethics and Governance and offers a  fresh approach that we continually refine with your input.. You will hear thought-provoking  ethical case studies that are, in fact, real life situations that will challenge you. In addition to these examples and the principles discussed, there will be a quick review of the key important elements of society rules and policies. 

Contact Hours:4 hours + 1 hour exam


Integrated Approaches to Value (A304)

This course is intended to satisfy the 30 hours of Subject Matter Electives required by the Appraiser Qualifications Board for Qualifying Education for Certified General Appraisers. The course is specifically designed to illustrate how all the approaches to value fit together in an appraisal, drawing from the body of knowledge taught in Cost Approach for General Appraisers (A301), Sales Comparison Approach for General Appraisers (A302), and Income Approach for General Appraisers, Part 1 (A303). The material will be presented primarily in the form of case studies, supplemented with lectures and class discussion.

Please Note: This course is designed to follow Basic Appraisal Principles, Basic Appraisal Procedures, the Cost, Sales and Income courses. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level classes.

Required Equipment & Textbooks: HP-12c, Hp-17bII or HP-19bII calculator; Appraisal of Rural Property, 2nd Edition

Contact Hours: 27 hours + 3 hour exam

Course Timetable: Days 1-4: 8 AM – 5 PM; Day 4: 8 AM – 4 PM

Accreditation: This course is required for the ARA and the RPRA


Foundations of Appraisal Review (A600)

To teach the class participants about the Appraisal Review process through lecture, class discussion, reviewing appraisals, and reporting the results of that review.

To teach the class participants about review concepts under the Uniform Standards of Professional Practice (USPAP) for apartment appraisal, farm appraisal, commercial produce appraisal and one family housing appraisal.

The purpose of this course is to provide training for review appraisers performing reviews of appraisal reports for federal land acquisitions or conveyances. Because this course utilizes the Yellow Book, the format follows the outline of Standard C – Standards for Review of Appraisals. The course material expands on the sections in these Standards with pertinent discussion questions and drill problems.

Sharpen the students review skills through the solution of appraisal review case studies.

Assist the student to become a more proficient reviewer.

Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses such as Valuation of Conservation Easements and Other Partial Interests in Real Estate, and Uniform Appraisal Standards for Federal Land Acquisitions.

Required Equipment & Textbooks: HP- 12c, HP-17bII or HP-19bII calculator; Current edition of USPAP, and Uniform Appraisal Standards for Federal Land Acquisitions

Optional Texts: The Appraisal of Real Estate, Fourteenth Edition, Appraisal of Rural Property, Second Edition

Contact Hours: 36 hours + 4 hour exam

Course Timetable: Days: 1-5 8 AM – 5 PM

Accreditation: This course is required for the RPRA


Introduction to Appraisal Review (A360)

 

The review appraiser will learn about review appraisal, responsibilities and the appraisal review process through lecture, class discussion, reviewing and reporting the results of reviews. Students will:
  • Study the appraisal review process and various types of review reports
  • Review an appraisal using an actual URAR appraisal report
  • Discuss the reviewer’s independence and avoidance of conflicting situation

Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.

Required Equipment & Textbooks: Appraisal of Rural Property; HP-12c or equivalent calculator

Contact Hours: 14 hours + 2 hour examination

Course Timbtable: Days: Days 1-2: 8 AM – 5 PM

Accreditation: This course is required for the RPRA


 Appraisal Review Under USPAP (A370)

 

This course teaches the review appraiser how to review an appraisal report under the standards in USPAP. Coursework will consist of class discussion, examples of typical appraisal problems and case studies. The course provides:
  • The requirements of USPAP for reviews
  • Common errors and deficiencies
  • Office building, agricultural and apartment appraisal reports and report findings
  • Discussion about common misconceptions about requirements of USPAP

Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.

Required Equipment & Textbooks: Current USPAP; HP-12c or equivalent calculator

Contact Hours: 22 hours plus 2 hour examination

Course Timetable: Days 1-3: 8 AM – 5 PM

Accreditation: This course is required for the RPRA


 Appraisal Review Under UASFLA (A380)

 

This course provides training for the review appraiser on how to perform appraisal reviews for federal land acquisitions. Students will utilize the Yellow Book and follow the outline of Standard C – Standards for Review of Appraisals. The course material expands on pertinent discussion questions and drill problems.

Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.

Required Equipment & Textbooks: Uniform Appraisal Standards for Federal Land Acquisitions (UASFLA); Current Uniform Standards of Professional Appraisal Practice (USPAP)

Contact Hours: 16 hours + 4 hour examination

Course Timetable: Days 1-2: 8 AM – 5 PM; Day 3: 8 AM – 12 PM

Accreditation: This course is required for the RPRA


 Advanced Appraisal Review Case Studies (A390)

 

This advanced level course provides the review appraiser student with experience in preparing a Commercial Appraisal Review Form, a Standard Appraisal Review Report and a Narrative Review. Students will sharpen their review skills through the solution of appraisal review case studies in order to become a more proficient reviewer. The course includes case studies representative of “real-world” review appraisals:
  • Three appraisal reports, one commercial form report, one agricultural form report and one narrative report for review
  • Twelve case studies for solution

Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.

Required Equipment & Textbook: HP-12c or equivalent calculator Optional Textbook: Uniform Appraisal Standards for Federal Land Acquisitions (UASFLA); Current Uniform Standards of Professional Appraisal Practice (USPAP)

Contact Hours: 16 hours + 4 hour examination

Course Timetable: Day 1: 1 PM – 5 PM; Days 2-3: 8 AM – 5 PM

Accreditation: This course is required for the RPRA

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