Course Descriptions

The Basics of Mass Appraisal (Exam)
#002-403

This is an introductory course and will focus on mass appraisal techniques. Topics of discussion will include: single property appraisal vs. mass appraisal, components of the mass appraisal system, date requirements and analysis of mass appraisal, an introduction to statistics, use of assessment ratio studies in mass appraisal, modeling of the three approaches to value, residential modeling concepts, and commercial/ industrial modeling concepts. Exercises will be used throughout the course to demonstrate the principles and procedures.

Hours: 15 Hours
Category: Qualifying

Special Notes:

  • This is one of the required qualifying courses for individuals interested in obtaining a CIAO designation from the IPAI. This course can only be taken for CIAO Qualifying credit.
  • Recommended Prerequisites: Introduction to Assessment in Illinois; Property Valuation
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