Professional Development

Real Estate Appraisal and Housing Market Analysis

Overview
This course examines various markets within Chicago to discuss appraisals, market analysis, and financial concepts of the appraisal process. Both residential and commercial properties are explored.

Who Should Register for Real Estate Appraisal and Housing Market Analysis?
This course is beneficial to appraisers, business analysts, entrepreneurs, project managers, real estate agents and brokers and professionals from many other fields.

Objectives
This course introduces the appraisal process for real estate valuation. Applicable to both residential and commercial properties, the course focuses on the three traditional approaches to value: Cost, Sales Comparison and Income Capitalization.
Some of the topics include:

* Basic valuation concepts
* Appraisal processes for different property types
* Commercial and single-family appraising and market analysis

Continuing Education Credit Information
An optional exam is offered at the end of Real Estate Appraisal and Housing Market Analysis. Participants with an Illinois real estate broker or salesperson license can earn 6 hours of continuing education elective credit towards the renewal of his/her license. Participants must earn at least a 70% or higher on the exam to earn continuing education elective credits. Passing scores are reported directly to the Illinois Department of Financial & Professional Regulation.

Registration Fee*
$500 / $400 for University of Illinois alumni, employees or students
*Subject to change

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