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Total Cost: $70.00
Location: LIVE-STREAMED ZOOM
Capacity: 50 ( 50 remaining seats )
Description:
- This mandatory 10-hour pre-licensing course is essential for aspiring Ohio real estate professionals, providing a fundamental understanding of the theory, principles, and practice of real property valuation (appraisal). Understanding how to estimate a property's worth is critical for both listing agents setting prices and buyer agents advising clients on offers and financing. The course delves into the concept of value, differentiating between market value, price, and cost, and explores the crucial forces—economic, social, governmental, and environmental—that influence a property's ultimate worth in the Ohio market.
A core focus of the class is mastering the three primary approaches to value used by professional appraisers. Students will learn the step-by-step process of the Sales Comparison Approach (selecting and adjusting comparable sales), the Cost Approach (calculating replacement costs and depreciation), and the basic principles of the Income Capitalization Approach (used for investment properties). We will also examine the essential principles of value, such as Highest and Best Use, Substitution, and Contribution, which guide every appraisal decision and Comparative Market Analysis (CMA) prepared by an agent.
By the end of this course, students will be able to outline the full appraisal process, effectively apply basic valuation methods, and understand the final steps of reconciliation and reporting. This knowledge not only fulfills the 10-hour appraisal education requirement set by the Ohio Division of Real Estate but also equips future licensees with the analytical skills necessary to accurately assess property value and ethically serve their clients throughout the buying and selling process.
| Date | Start Time | End Time |
|---|---|---|
| 07/20/2026 | 06:00 PM | 09:20 PM |
| 07/22/2026 | 06:00 PM | 09:20 PM |
| 07/27/2026 | 06:00 PM | 09:20 PM |
| 07/29/2026 | 06:00 PM | 09:20 PM |
Pre-registration and pre-payment are required for this course. By pre-registering you are guaranteeing your seat in class and allows the instructor to have an accurate head count to assure that a sufficient amount of books/handouts/materials will be on hand. Walk-ins will not be honored.
An email confirming your order has been sent to your email address you provided.
All payments MUST be made in full to REE prior to arrival at the first class. Payments can be made via credit card (American Express, Discover, Master Card, or Visa) over the phone by calling the school, 412-369-8771; or can be made via cash or check (payable to REE) by visiting our office in-person at 20206 Rt. 19 Ste 200 2nd Floor Cranberry Twp, PA 16066, during regular business hours of 9am to 4pm.
