Becoming a real estate appraisal agent is a very involved process. It requires completing a tough licensing exam and then maintaining it through continuing education credits. But the good news is that both of these processes become much easier if you use online home appraisal schools.

Online schools for real estate appraisal allow you to prep for your exam and earn the necessary continuing education hours afterward. Plus, they’re a much more cost effective way to ensure that you’ll pass the test and become a licensed appraiser on your first try.

But what’s the best real estate appraisal school currently available online? To make the decision easier for you, we compared the top three online courses.

Each of these online real estate courses offers something unique. So check out our chart and individual comparisons below to find which one is right for you, and get started today:

These are the Best Online Real Estate Appraisal Courses in 2020:

  1.  Mckissock Real Estate Appraisal Course
  2. Mbition Real Estate Appraisal Course
  3. CompuCram Real Estate Appraisal Course

#1 Mckissock Appraisal Classes

If you’re interested in getting the most value out of your online course, this online appraisal school is a great fit. They include a wide range of free content on top of your subscription, including materials such as reference guides and study checklists. These add an extra layer of studying on top of your learning and will reinforce your appraisal education.

Every McKissock Learning teacher has years of real estate experience under their belts. Naturally, this means that all of their course content ties back to — and is informed by — their personal experience. So when you study to become a real estate appraiser with them, you can rest assured that it’s practical knowledge you’re being taught instead of untested theory. Plus, each teacher is available at any time to help you; simply send them an email and you’ll receive a swift response to any of your questions.

Included with your course’s career hub are hundreds of study tools. These include videos, articles, and other learning aids. Using these will not only teach you important exam prep concepts; it also makes McKissock’s course less repetitive and more engaging. After all, it’s much easier to pay attention to what you’re learning when you aren’t in danger of falling into a rut!

Something that might worry you about this online appraisal school is that it focuses entirely on self study content. That’s great if you’re self-motivated and great at independent study, but that can limit the course’s effectiveness if you’re not. The addition of live content or more interaction with your fellow students would help engagement quite a bit.

Bottom Line

Mckissock Learning is at the top of this list for a reason— their course is well designed and contains several different resources to assist your professional development. It can be limiting to some types of students, but it’s still worth it for the vast majority. Make sure to check this out as soon as possible!


#2 Mbition

Mbition’s real estate appraisal courses have been designed to be completely user driven. That allows you to take as much time as you need when studying— whether pursuing your first certification or maintaining your status with continuing education. Each module comes with a set of goals to be met before you can move on with no set deadline.

Each of their interactive courses also include real world case studies and examples that will provide you with an accurate idea of your future career as a real estate appraiser. Additionally, this helps you stay engaged throughout your study schedule. Being able to apply these concepts as soon as you enter the workforce will have a significant impact on your success when appraising homes and managing customer relationships.

What’s even more impressive about this online home appraisal school is that they’re currently offering webinars. These allow you to have a more personal and direct line of communication with your instructor as they teach you in real time. These videos are some of the most engaging ways to learn about real estate and are uniquely helpful for your professional development.

Unfortunately, something that this course doesn’t offer is a pass guarantee. Knowing that you won’t be entitled to any refund or reimbursement if you fail your exams can be concerning. However, if you want to cancel your subscription to their exam prep program within 7 days, you’ll receive all your money back. It’s not as good as a full blown guarantee— but something is better than nothing.

Bottom Line

Mbition offers several types of unique content. Make sure to check them out if you want an approach that’s different from anything else on the market!


#3 CompuCram

 

Compucram is one of the most affordable options available to real estate students. It costs hundreds of dollars less than most other online appraisal courses without compromising quality. Plus, they even offer some things that other courses don’t have available. If you don’t want to break the bank when working towards an appraisal license, this is the best course to check out.

No two practice tests will look the same with this exam prep course. Each one you’re required to take is dynamically generated based on your progress through the course. This ensures that you’ll always be working on improving your appraisal education without wasting any time or energy. This process of adaptive learning begins before you even start taking the course; by taking a pre-assessment, CompuCram identifies what areas to start with and what concepts need more focus.

This online course can be completed on any device at any pace. You can start studying at home and then continue where you left off at any time on a mobile device. Because of that, you have a great deal of freedom when creating your study schedule— which can help you become a certified residential appraiser in record time!

Unfortunately, this online course is largely exam and study-guide based. That can get a bit repetitive over time; a couple of video lessons would go a long way towards breaking up some of the sameness of the lessons.

Frequently Asked Questions

How much does a certified real estate appraiser make?

According to salary data from Payscale, the average real estate appraiser salary is around $60,000 a year. They also state that the highest-paid appraisers can make $100,000 a year.

How long does it take to complete real estate appraisal school?

To become certified as a real estate appraiser, you don’t have to attend a specific school. Instead, you have to complete a set amount of credit hours depending on your state. You can expect most real estate appraisal courses to offer between 30 and 150 credit hours, which can typically be completed in 3 to 6 months.

Is there a shortage of real estate appraisers?

According to the Bureau of Labor Statistics, around 2,200 jobs in real estate appraisal are expected to open in the next ten years. This is a fairly competitive job market, since there’s no shortage of people studying to become real estate appraisers.

Bottom Line

Compucram is an excellent budget pick for an appraisal course. If you want to pass your exam without spending too much money, this is the best option!

Kenneth W. Boyd is a former Certified Public Accountant (CPA) and the author of several of the popular "For Dummies" books published by John Wiley & Sons including 'CPA Exam for Dummies' and 'Cost Accounting for Dummies'.

Ken has gained a wealth of business experience through his previous employment as a CPA, Auditor, Tax Preparer and College Professor. Today, Ken continues to use those finely tuned skills to educate students as a professional writer and teacher.