|Address:||4200 S. I-10 Service Rd., W. Suite 134 Metairie, LA 70001|
|Phone Number:||(800) 966-9866|
Fundamentals Of Real Estate Valuation
Fundamentals of real estate valuation is a comprehensive review of the principles of property valuation. This four-hour course explores appraisal theory, purposes of appraisal, types of value, foundations of value, market value definition, highest and best use, and USPAP.The cost approach, direct sales approach, and income approach to value are explored in detail. Concepts such as cost estimating, depreciation, choosing comparable sales, and various techniques used with income capitalization are explained and applied to real world situations. Upon completion of the course, a student will understand how basic real estate appraisal is completed and applied to the real estate industry. This course is fully approved and certified by both the LREC and ARELLO.