Property Appraisal Process in Real Estate

This course equips participants with the essential skills and knowledge needed to appraise residential property for sale or lease. It covers selecting appropriate appraisal methods, conducting thorough market research, and recommending accurate appraisal prices. Participants will learn to analyze current market trends and understand factors that influence property values to provide reliable appraisals.

This course equips participants with the essential skills and knowledge needed to appraise residential property for sale or lease. It involves selecting appropriate appraisal methods, conducting thorough research on market conditions, and
recommending an appraisal price for the property. Additionally, this unit includes analyzing current market
trends, understanding the factors that influence property values, and using this information to provide accurate appraisals.
1: Prepare for Property Appraisal

• Identify and Apply Regulatory and Legislative Requirements of the Property Appraisal Process
• Confirm and Document Client Requirements and Expectations for Property Appraisal
• Obtain and Document Agreement to Proceed with Property Appraisal
• Confirm and Record Property Ownership, Attributes and Features Relevant to Property to be Appraised

• Select Appraisal Methods Suitable for the Property Type and Location
• Inspect Property and Location
• Identify and Document Market Conditions and Indicators for Sale or Lease Price
• Collate Source Documents and Information to Support Property Appraisal
• Analyse Information to Determine Market Indicators and Expected Price Range or Rental Value for Property
• Identify Sources of Specialist Advice to Assist Appraisal as Required

• Prepare Property Appraisal Report
• Present Property Appraisal Report to Client
• Obtain and Document Feedback from Client on Property Appraisal Report
• Maintain Documented Evidence from Appraisal Activities to Ensure Confidentiality of Information
• Analyse Feedback from Client to Inform Future Presentations

• Residential Sales
• Auctioneers
• Property Manager
• Commercial
• Business Broker
• Buyers agent

On completion of this program, participants will be able to:

• QLDCPD20250024

• Type 1

• 1. Prepare for property appraisal
• 2. Research and analyse property market conditions and property attributes
• 3. Prepare and present appraisal report

This self-paced online CPD course – Property Appraisal Process in Real Estate– offers a focused, practical overview of key areas of real estate practice. Designed to support property professionals in their day-to-day responsibilities, the course provides expert insights and practical tools to enhance your knowledge and performance.
You’ll have 30 days of access to complete the course at your own pace. With interactive modules, downloadable resources, and targeted study materials, you’ll be equipped to apply what you learn directly to your professional practice.