- Date
- February 24-27, 2025
- Time
- 8:30AM - 4:30PM (PST)
- Sponsor
- Northern California Chapter
- Location
- CalTrans - Ashlan Construction Office
90 W. Ashlan Ave. - Room 101A
Clovis, CA 93612
- Instructor
- Mark V. Smeltzer, Sr., MAI, SRA, AI-GRS, AI-RRS
- Class Time
- 28 hours
- Exam Time
- 2 Hours
- Full Price
- $550.00
- AI Price
- $500.00
Course Description
If you’re considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles. This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, real estate markets and analysis, highest and best use, and ethical considerations. The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue. |
Co-developed by the Appraisal Institute, ASA, and ASFMRA
Who Should Enroll
- Beginning real property appraisers
- Real estate professionals
- Users of appraisal services
- College students
- Accountants
AI CE Points
State Approvals
State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
---|---|---|---|---|---|---|---|---|---|
AK | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 19810 |
AK | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 19810 |
AL | QE | 30 | 28 | 2 | Classroom | Classroom | 11/14/2024 | 09/30/2026 | CO2669 |
AR | CE | 30 | 28 | 2 | Classroom | Classroom | 05/07/2024 | 06/12/2026 | AI029 |
AR | QE | 30 | 28 | 2 | Classroom | Classroom | 05/07/2024 | 06/12/2026 | AI029 |
AZ | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
AZ | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
CA | CE | 28 | 28 | Classroom | Classroom | 03/10/2024 | 03/09/2028 | 20CP754601422 | |
CA | QE | 30 | 28 | 2 | Classroom | Classroom | 03/10/2024 | 03/09/2028 | 20CP754601422 |
CO | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 2568 |
CO | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 2568 | |
CO | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 2568 |
CT | CE | 18 | 18 | Classroom | Classroom | 04/13/2024 | 06/01/2026 | AAL.001182 | |
CT | QE | 30 | 28 | 2 | Classroom | Classroom | 04/13/2024 | 06/01/2026 | APR.000332 |
DC | CE | 28 | 28 | Classroom | Classroom | 01/18/2024 | 02/28/2026 | 4078 | |
DC | QE | 30 | 28 | 2 | Classroom | Classroom | 01/18/2024 | 02/28/2026 | 4078 |
DE | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
DE | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
FL | QE | 30 | 28 | 2 | Classroom | Classroom | 09/27/2023 | 09/26/2025 | 0010537 |
GA | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 73830 | |
GA | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 73831 |
GA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 73830 |
HI | CE | 28 | 28 | Classroom | Classroom | 01/01/2024 | 06/12/2026 | 23-327 | |
HI | CE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2024 | 06/12/2026 | 23-327 |
HI | QE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2024 | 06/12/2026 | 23-327 |
IA | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | A518-582 | |
IA | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | A518-581 |
IA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | A518-580 |
ID | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 520 |
ID | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 520 |
IL | CE | 28 | 28 | Classroom | Classroom | 12/23/2024 | 12/31/2026 | 575.001112 | |
IL | QE | 30 | 28 | 2 | Classroom | Classroom | 12/26/2024 | 12/31/2026 | 573.000380 |
IN | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
IN | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
KY | CE | 28 | 28 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | ||
KY | QE | 30 | 28 | 2 | Classroom | Classroom | 07/01/2024 | 05/30/2025 | |
LA | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | ||
LA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
MA | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 10051181 | |
MA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 10051048 |
MD | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
MD | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
ME | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
ME | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
MI | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 04/11/2027 | 20-938601 | |
MN | CE | 28 | 28 | Classroom | Classroom | 09/01/2023 | 08/31/2025 | 996074 | |
MN | QE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2023 | 08/31/2025 | 43884 |
MO | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | ||
MO | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
MS | CE | 28 | 28 | Classroom | Classroom | 11/17/2023 | 11/16/2025 | MAB#7079 | |
MS | QE | 30 | 28 | 2 | Classroom | Classroom | 11/17/2023 | 11/16/2025 | MAB#7079 |
MT | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | REA-CEC-REC-17536 | |
MT | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | REA-CEC-REC-17536 |
NC | QE | 30 | 28 | 2 | Classroom | Classroom | 01/01/2025 | 12/31/2025 | |
ND | QE | 30 | 28 | 2 | Classroom | Classroom | 05/28/2004 | QE2403 | |
NH | CE | 28 | 28 | Classroom | Classroom | 01/28/2022 | 06/12/2026 | ||
NH | QE | 30 | 28 | 2 | Classroom | Classroom | 01/28/2022 | 06/12/2026 | |
NJ | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 2024-3005 | |
NJ | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 2024-3005 |
NM | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 4389 |
NM | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 4389 |
NV | CE | 28 | 28 | Classroom | Classroom | 11/04/2024 | 10/31/2025 | CE.0009602-A | |
NV | QE | 30 | 28 | 2 | Classroom | Classroom | 08/01/2024 | 07/31/2025 | PL.0009464-A |
NY | CE | 28 | 28 | Classroom | Classroom | 01/01/2025 | 12/31/2025 | A5486 | |
NY | QE | 30 | 28 | 2 | Classroom | Classroom | 10/01/2024 | 09/30/2025 | Q0203-R5 |
OH | QE | 30 | 28 | 2 | Classroom | Classroom | 04/22/2004 | 06/12/2026 | 74333 |
OK | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 772 | |
OK | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | 601 |
OR | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | APIN-Q-1121-8899 | |
OR | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | APIN-Q-1121-8899 |
OR | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | APIN-Q-0224-9021 |
PA | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
PA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
PR | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
PR | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
RI | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 01/12/2026 | REA.0002147-CE |
RI | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 01/12/2026 | REA.0002147-CE |
SC | CE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | AC . 764 |
SC | QE | 30 | 28 | 2 | Classroom | Classroom | 09/01/2024 | 08/31/2026 | QE1764, AC . 764 |
SD | CE | 30 | 28 | 2 | Classroom | Classroom | 03/22/2022 | 03/04/2025 | SD 363 |
SD | QE | 30 | 28 | 2 | Classroom | Classroom | 03/04/2022 | 03/04/2025 | SD 363 |
TN | CE | 28 | 28 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 825 | |
TN | QE | 30 | 28 | 2 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 825 |
TX | CE | 30 | 28 | 2 | Classroom | Classroom | 11/01/2023 | 06/12/2025 | TX Provider #:10 Course #:30846 |
TX | QE | 30 | 28 | 2 | Classroom | Classroom | 11/01/2023 | 06/12/2026 | TX Provider #: 8038 Course #: 48182 |
UT | CE | 28 | 28 | Classroom | Classroom | 12/01/2023 | 11/30/2025 | AC231111 | |
UT | QE | 30 | 28 | 2 | Classroom | Classroom | 12/01/2023 | 11/30/2025 | AQ231125 |
VA | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
VA | QE | 30 | 28 | 2 | Classroom | Classroom | 10/01/2023 | 09/30/2025 | 4006000477 |
VT | CE | 30 | 28 | 2 | Classroom | Classroom | 02/28/2024 | 11/29/2027 | |
VT | QE | 30 | 28 | 2 | Classroom | Classroom | 02/28/2024 | 11/29/2027 | |
WA | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 06/01/2025 | A24001742 | |
WA | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/01/2025 | A24001742 |
WI | CE | 30 | 28 | 2 | Classroom | Classroom | 06/12/2023 | 06/12/2026 | 74333 |
WI | QE | 30 | 28 | 2 | Classroom | Classroom | 06/13/2023 | 06/12/2026 | 74333 |
WV | CE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
WV | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 06/12/2026 | |
WY | CE | 28 | 28 | Classroom | Classroom | 04/11/2024 | 04/10/2027 | ||
WY | QE | 30 | 28 | 2 | Classroom | Classroom | 04/11/2024 | 04/10/2027 |
Course Objectives
- Recognize the components of ethical and competent appraisal practice.
- Recognize the distinctive differences among land, real property, real estate, and personal property.
- Recognize and identify the three major land description systems.
- Recognize the major components that appear in all definitions of market value.
- Recognize the definitions of the economic principles of change, anticipation, supply and demand, competition, substitution, balance, externalities, and highest and best use.
- Solve basic real estate math problems in fractions, decimals, and percentages.
- Solve for mean, median, and mode.
- Use a financial calculator to perform mortgage calculations and to solve problems in simple and compound interest.
- Recognize the definitions of appraisal practice, valuation services, appraisal review, and other key terms.
- Identify the basic components in the appraiser’s scope of work decision.
Course Details
Program Overview:
Table of Contents and Overview
Course Schedule
Assignments:
No
Equipment:
- A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- Free Review: Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises.
- For additional help with the HP-12C calculator, take Using Your HP-12C Financial Calculator.
- HP-12C calculator User’s Manual.
Additional Information:
- Course Handbook (430 pp.)
- Suggested Solutions (160 pp.)
The Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site: www.nasba.org. Delivery Method: Group-Live |
Requirements:
None
Course Materials & Recommended Books
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Early-Bird
Today thru 01/31/2025 |
$550.00 | $500.00 |
Standard
02/01/2025 thru 02/14/2025 |
$575.00 | $525.00 |
Late
After 02/15/2025 |
$650.00 | $600.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Appraisal Institute | On Demand | Online | View Details | Register | |
Phoenix Chapter | February 4-7, 2025 | Tempe, AZ | Classroom | View Details | Register |
Chicago Chapter | February 10-13, 2025 | Chicago, IL | Classroom | View Details | Register |
North Star Chapter | February 17-20, 2025 | Maple Grove, MN | Classroom | View Details | Register |
Puerto Rico and Caribbean Chapter | February 4-27, 2025 | Classroom | View Details | Register | |
Hoosier State Chapter | February 28 - March 3, 2025 | Indianapolis, IN | Classroom | View Details | Register |
Massachusetts Rhode Island and Maine Chapter | March 7-15, 2025 | Braintree, MA | Classroom | View Details | Register |
Event Information
* * * * * Please review the entire section below. * * * * *
It contains IMPORTANT SPECIFIC details about the February offering that you are registering for sponsored by the
Northern California Chapter
https://norcal-ai.org/
925/932-7753 l 916/972-9700
Location
CalTrans - Ashlan Construction Office
Room 101A
90 W. Ashlan Ave.
Clovis, CA 93612
Onsite Parking
- Onsite parking is available; - more details to be posted
Program Hours and Materials
Onsite check-in will begin at 8:00am on Monday, February 24. "Live / in-person" Instruction will run from 8:30am – 4:30pm (Pacific Time) on Monday, February 24 through Wednesday, February 26. On Thursday, February 26 instruction will run from 8:30am – 2:30pm followed by the two-hour exam beginning at 2:30pm. Students will be on their own for lunch; a list of local eateries will be provided at onsite registration.
Tips on Downloading the Course Handbook
Upon registering, students will have access to the downloadable course materials. Students are strongly encouraged to have pre-printed and/or pre-downloaded the materials. Do not wait until the day of the course to download as the files are quite large.
- Log in to My Account (
https://www.appraisalinstitute.org/) - Select Education & Events (right sidebar)
- See list of all offerings, scroll to Basic Appraisal Principles and select View
- You will now see a box that contains downloadable program materials
- Click link(s) to download:
- Course Handbook - 430 pages
- Suggested Solutions - 160 pages
Ordered Printed Materials or Need Assistance in Downloading? If you (1) have not received your pre-printed materials (must be selected at the time of online registration; extra fees apply for printing and shipping) within 4 weeks of the offering, (2) have any questions or difficulty in accessing / downloading the required electronic course materials contact AI's Education Delivery Department directly at 312-335-4207 or
Required Text
- None other than the (2) items listed above including the Course Handbook and Solutions.
Required Equipment
- A financial calculator is required. If using a financial calculator, the accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- For more information and a free review,
click here . - For additional help with the HP-12C calculator, take our practice exercises, click here
- HP-12C calculator User's Manual.
- Students will need a No. 2 pencil for the exam
- Students are encouraged to bring extension cords / powerstrips (especially if viewing materials on a laptop)
Education Credit Hours and Attendance Verifications
Those who check in late, leave early or are not in attendance during non-scheduled breaks may jeopardize receipt of credit.
Appraisal Institute: Full attendance (100%) and successful completion of the exam enables Designated Members, Candidates for Designation and Practicing Affiliates to receive 200 AI CEC points; 150 points for full attendance only (no exam). Successful completion of the exam and full attendance is required for those seeking to fulfil the Professional Development Litigation requirements.
BREA Continuing: Basic Appraisal Principles has been approved by the BREA (#20CP754601422) for 28-hours of BREA CEC. Full (100%) attendance required but BREA CEC (continuing education credit) does not require successful completion of the exam.
BREA Basic/Qualifying: Basic Appraisal Principles has been approved by the BREA (#20CP754601422) for 30-hours of BREA QE/BE for those seeking initial licensing / certification. Full (100%) attendance and successful completion of the BREA exam are required for BREA QE/BE.
If you are seeking credit for this offering from a state outside of California, check with your state licensing board(s) to make sure an out-of-state offering will be accepted before registering. It is best to speak directly with a representative from your board rather than relying on information posted to the web. Note: Some states outside of California may have additional reporting requirements that the Chapter is not able to comply with.
Attendance Verification Process Effective 10/01/19
Verified attendance certificates will be available for downloading; allow 15 working days from the exam date
- Logging into My Account
www.appraisalinstitute.org - Select EDUCATION
- Click on the specific offering that you are seeking the certificate for; it will show REGISTERED
- Scroll to the very bottom of the screen to (1) COMPLETE EVALUATION FORM and (2) RETRIEVE / PRINT CERTIFICATE
Note: Effective 10/01/19 students will be able to access their attendance certificates 24/7 through the Appraisal Institute's netFORUM association management program. The Northern California Chapter does not have direct access to certificates for programs held after this time. Any issues in retrieving certificates should be brought directly to the attention of the Appraisal Institute's Education Delivery Department at 312/335-4207 or
Confirmation Emails
All confirmed registrants will receive a payment receipt plus a separate confirmation by email. Be sure that you can accept emails from each of the following email addresses:
lisa@norcal-ai.org jenny@norcal-ai.org - lisa-norcal-ai.org@shared1.ccsend.com
Any last-minute updates to this offering will most likely be sent from lisa-norcal-ai.org@shared1.ccsend.com (registrants should not send emails to this address). Be sure that you can accept emails from these email addresses, or these important emails may default to your spam / junk files.
Payment Receipt
All confirmed registrants will receive an email confirmation that will also serve as a payment receipt on the day of registration.
- noreply@appraisalinstitute.org (confirmation details)
- aiservice@appraisalinstitute.org (payment receipt)
Registrants can also log into their MyAccount portal, select TRANSACTIONS to download a duplicate payment receipt.
Note: If you do not receive emails on a regular basis from the Northern California Chapter ( lisa-norcal-ai.org@shared1.ccsend.com ) be sure to
- Those who work for financial institutions or government agencies my need to enlist the assistance of their IT Department to insure timely email delivery.
Accommodations
- Click here - for lodging options in the Clovis area
Some students have also explored options for vrbo and Airbnb.
Questions? Contact Us
Northern California Chapter
925/932-7753 l 916/972-9700
CEC Approvals
Approval outside of California or acceptance of out-of-state providers cannot be guaranteed. If you are seeking credit for this offering from a state outside of California, check directly with your state licensing board(s) - before registering - to make sure that they will accept credit from an out-of-state provider. Some states may have special pre-approval or reporting requirements that the chapter is not able to comply with. Use caution in relying on website approvals as they may not be up-to-date.
COVID Protocols
All registrants attending a live-classroom offering do so at their own risk. Each registrant is individually responsible for being aware of and following state, city and county COVID protocols and guidelines.
Disclaimers
By registering for this event, you agree that
- your attendance may be recorded, photographed, and/or monitored at any time
- will accept emails from the Northern California Chapter; registrants will add the following address to their accepted list of emails - lisa-norcal-ai.org@shared1.ccsend.com
- your contact information may be published in a networking roster
- we may switch or change locations based on program logistics or necessity
- if you have a disability and may require special accommodation, please notify us in writing at least two weeks in advance to arrange for reasonable accommodation
- all registrants attending a live-classroom offering do so at their own risk. Each registrant is individually responsible for being aware of and following COVID protocols and guidelines
Lost or Damaged Items
The Appraisal Institute nor the Chapter presenting this program is not liable for lost or damaged items. This includes but is not limited to calculators, laptops, cell phones, etc.
Cancellations
Written cancellations received by Monday, February 10 are subject to a $35 cancellation fee. Cancellations received after that time but prior to noon on Monday, February 17, are subject to a $55 cancellation fee. No refunds for cancellations received after February 17 or for program "no shows". Cancellations can be emailed to
We reserve the right to substitute instructors, or to cancel or modify this program (adjust hours or location) if sufficient registrations are not received by Friday, February 7 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility. Those requiring out-of-town travel arrangements should exercise caution in booking non-refundable tickets/reservations.
Questions? Contact Us
Northern California Chapter
925/932-7753 l 916/972-9700