Instructor: David J. Maloney, Jr., AOA CM
dave@maloney.com
301-228-2279
Course Description
Welcome to the 2016-2017 edition of the "Complete Online Course in Personal Property Appraising (Featuring USPAP)". This is the latest version of the course originally authored by David J. Maloney, Jr., AOA CM in 2002. The course has now been updated to include changes incorporated into the 2016-2017 edition of USPAP. The course has also been greatly expanded with score upon score of new topics and expanded discussions (including a 71-page mini-USPAP course in Lesson 7!).
This 2016-2017 edition of the "Complete Online Course in Personal Property Appraising" offers learners a unique opportunity to obtain an education in the core fundamentals of personal property appraisal principles, theory, methodology, standards, ethics and report writing from the comfort of their own home at the times most convenient to them. This online course in appraising provides the most complete educational opportunity for the personal property appraiser available anywhere - either online or on site. We estimate that the online course will take six months to complete assuming an average study time of 5 hours per week; however, many students finish the course in about four months.
This course is designed for those those interested in a professional personal property appraisal career and who are seeking competency in the principles, theory, standards and methodology of personal property appraising. Making use of the highly-acclaimed, 668-page book Appraising Personal Property: Principles and Methodology - 7th Ed. (Appraisers Press 2016), this online course provides a complete and well-organized series of Lessons all of which are designed with the nationally-recognized USPAP at its core. Unless otherwise noted, Lesson reading assignments refer to APPPM. The APPPM course book can be ordered here.
You will also need the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP), (Washington, DC, The Appraisal Foundation). Purchase USPAP directly from The Appraisal Foundation.
In addition to reading assignments, narrated Power Point reviews cover the highlights of each Lesson in order to facilitate the learning process. This course also makes use of self-assessed Lesson quizzes and Review Questions to help the student comprehend the material being presented and to prepare the student for the mid-term and the final exams. Quiz results also assists the instructor in gauging the student's progress. Quiz grades do not count towards the final grade.
At mid-point in the course following Lesson 5 the student will make arrangements to have the first of two exams (100 T/F and multiple-choice questions) mailed to and proctored by a chosen proctor. The second exam following Lesson 13 covers material from the second half of the course (Only Lessons 6 through 11. Lessons 12 and 13 are not testable.) In addition to passing each exam with a grade of 75% or higher, the student is required to submit a sample appraisal report for review.
Testing: Lesson Quizzes, Course Exams, Final ProjectContinuing Education Units (CEUs)
Upon completion of this online course, Appraisal Course Associates recommends that professional associations and societies award 20 CEUs (200 contact hours). What are CEUs?
Prerequisites
This course is intended for the novice as well as the experienced
appraiser who may be lacking formal training in appraisal principles,
methodology
or professional appraisal standards. There are no educational or experience
prerequisites to attending this course; however, it would be helpful
if students
had market-related experience relevant to the types of property in
which
they intend to specialize in their appraisal practice. Such experience
may result from performing in the past as an appraiser, auctioneer,
broker, dealer, claims adjuster, jewelry store owner, estate planner,
attorney,
estate liquidator, or avid collector. Be sure to read about "Your
Obligation to Become Fully Trained".
Course Fee
The fee for this course is $1395 plus text books and exam
fees. Includes free access to the online course "How to Write Appraisal Reports".
Textbooks
Be sure to purchase these two books.
Purchase Appraising Personal Property: Principles and Methodology - 7th edition (APPPM) by David J. Maloney, Jr., AOA CM (Appraisers Press 2016) | |
Purchase Uniform Standards of Professional Appraisal Practice (current version), (Washington, DC, The Appraisal Foundation) |
Course
Duration
Students
should be able to complete this course within a six month-period
if applying themselves about eight hours per week. It may very well
take less
time. Registration entitles the student to access to this course
for a six-month period.
Students are encouraged to apply themselves
diligently
in
order to complete the online requirements within this time frame.
During the six month period, the student is required to take both
the
locally proctored mid-term and final exams. Students may request a
one-time, three-month extension period for a fee of $100. Here
are some tips for online success.
Refunds
A refund in full (less PayPal and text book charges, if applicable) will be made if a written request for a refund is
received at info@appraisalcourseassociates.com within
seven (7) days of initial registration.
Finding Your Way Around
Once registered, to not hesitate to poke around the various links. Get
to know this web site. Be sure to read the site Users'
Guide.
Lesson Requirements
Each Lesson is comprised of a series of reading assignments taken
primarily from Appraising
Personal Property: Principles and Methodology -7th Ed. but also from supplementary readings. Reading
assignments
are normally followed by a narrated video review of selected
material. They may be followed by additional Lesson
activities as well. Most Lessons also include
a 10-question quiz to test your understanding of the material.
These
are "open-book," self-assessed
quizzes which will not impact on whether or not you pass this course;
however, they will help you better understand and retain the covered
material, and they will allow the instructor to gauge your progress.
Communication
Students are welcome to take advantage of the course Forum to share information
and ask questions regarding the course material with the instructor
and and other students. The Forum will also be used by the instructor
to highlight issues as well as to make you aware of updates to the
course material including updates made from time to time to the APPPM
course book. The Forum will also be used to announce news regarding
the profession. You will automatically be sent copies of all Forum
posts via email to ensure you are kept current.
Certificates
Upon completion of the course (including the locally proctored mid-term
and final exams as well as the final sample appraisal project), graduates
will be awarded a Course Completion Certificate from Appraisal Course
Associates.
*This course provides a very thorough instruction in The Appraisal Foundation's Uniform Standards of Professional Appraisal Practice (USPAP) such that the student will be capable of writing USPAP-compliant reports; however, to best understand USPAP and to obtain proof of attending the course and passing its one-hour USPAP course exam, the appraiser should attend a 15-hour personal property version of the National USPAP Course taught by an AQB-certified instructor.