Program Description
This course series prepares students to sit for the Maryland Licensed Appraiser exam. Appraisers assess residential real estate property for its current fair market value. In order to appraise the property the appraiser must go to the real estate site and take pictures and measurements of the land and/or residence. A search of local real estate records is done to establish a price comparison of like properties, and a computerized report on the findings is written up for the customer and lender.
Program Outcomes
Successful Completion:
CCBC Credential:
Students will have access to a Continuing Education academic record (transcript). Students will be awarded a Continuing Education Workforce Training Certificate.
Students will be prepared to begin their required apprenticeship hours and, when completed, take the licensing exam to become a Maryland Licensed Appraiser. Students may apply for Appraisal Trainee license exam after completing 75 hours of education (REA 019 and REA 020). To apply for the Licensed Real Estate Appraiser exam, students must complete 150 hours of education and 2000 hours of appraisal apprenticeship hours.
Certifying Organization:
Maryland Department of Labor, Licensing & Regulation Real Estate Appraisers & Home Inspectors Commission; www.dllr.state.md.us; exam cost: $100
Financial Aid and Payment Options
- Continuing Education Opportunity Grant
- Partial Payment Option (through Nelnet Business Solutions)
- Tuition Waiver for Senior Citizens and Individuals with Disabilities
- Employer/Sponsor Paid Tuition
- Division of Rehabilitation Services (DORS)
- Local Office of Workforce Development
Program Length
6 months for the course series, plus a minimum of 2 years apprenticeship. Courses start in September and January at CCBC Hunt Valley.
Program Requirements
High School Diploma or GED
To qualify to take the Appraiser License exam, students must have completed a minimum of 30 credits of post-secondary education or hold an A.A. degree or higher.
Application Process
Open Entry – No screening or documentation required.
Program Course Sequence
Attendance is mandatory. Students must pass a final exam in each of the four courses.
Course Number
|
Course Title
|
Course Hours
|
Textbook Information
(approximate cost; subject to change)
|
Costs
T=Tuition/F=Fees
|
REA 019
|
Real Estate: Appraisal Principles & Procedures
|
60
|
“Appraising Residential Properties”; $80; text available at campus bookstores
|
$669
T- $340/F-$329
|
REA 173
|
Real Estate: Appraisal Standards & Ethics
|
15
|
“Uniform Standards of Professional Appraisal Practice” $75; and “15 hour National USPAP course Student Manual”; $35; texts available through the Appraisal Foundation
|
$249
T-$139/F-$110
|
REA 020
|
Real Estate: Appraisal Practices & Analysis Part I
|
30
|
Same as REA 019
|
$329
T-$154/F-$175
|
REA 021
|
Real Estate: Appraisal Practices & Analysis Part II
|
45
|
Same as REA 019
|
$439
T-$239/F-$200
|
Course Series Totals:
|
150
|
$185
|
$1686
T-$872/F-$814
|
Additional Information
Skills for Success:
Successful candidates need strong analytical, math, listening, communication and writing skills; ability to work both independently and within groups.
Career Opportunities:
Real estate appraiser, real property appraiser or field appraiser. Jobs are available in the real estate industry, governmental agencies and also opportunities to be self-employed.
Program Contact Information
Coordinator:
Pete Naron
Email: pnaron@ccbcmd.edu
Phone: 443-840-4572
Location: Owings Mills, 305D
Administrative Assistant:
Sarah Cullip
Email: scullip@ccbcmd.edu
Phone: 443-840-1632
Location: Essex, BESS 116