Rhode Island Real Estate Courses

Exam Prep Toolkit: Real Estate

      The Exam Prep Toolkit: Real Estate gives you a variety of tools to help you understand and retain the knowledge needed to prepare you for national information on your real estate exam. 

  • Real Estate Flashcards: Delivered electronically, covering hundreds of terms and definitions you will encounter on your real estate exam. 
  • Real Estate Recorded Review: Powerful recorded webinars covering all topics on the national portion of the licensing exam.  
  • Real Estate Test-Taking Tips: Recorded webinar covering test-taking tips, strategies for preparing for the national portion of the state licensing exam and how to utilize the test content outlines.

$99.00 BUNDLE

ENROLL IN EXAM PREP TOOLKIT: REAL ESTATE

National Real Estate Prep xL - Pearson Vue

      Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement. 

      Customized study plan including daily goals that adapt based on activity throughout the system.
     Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject.
      Full-length, timed exams that simulate an actual testing environment.
Real-time readiness data to track your progress and identify your strengths and areas of focus.


$59.00 ONLINE – SELF PACED

ENROLL IN NATIONAL REAL ESTATE PREP xL - PEARSON VUE

ADA and Fair Housing

      Fair Housing and the Americans with Disabilities Act legislation affects the business of every real estate professional. This course covers the law and how it pertains to real estate professionals, while refreshing their knowledge of the Federal Fair Housing Laws. 

     This course covers the prohibitions in the Fair Housing Act, how an individual can enforce the Fair Housing Act, the provisions of the Civil Rights Act of 1866 and the Fair Housing Act of 1968. It also covers the purpose and scope of the Americans with Disabilities Act (ADA) and its effects on licensees of the ADA.
 

This meets three hours of CORE Credits.


$29.00 ONLINE – SELF PACED

ENROLL IN ADA AND FAIR HOUSING

Basic Real Estate Finance

      Understand the money and financial transactions behind real estate. An excellent foundation course on real estate finance, this course will offer you crucial insight into promissory notes, assumptions, mortgages, financing instruments, loan practices, trust deeds, foreclosures, various types of loans, loan practices, and sources of funds.


$59.00 ONLINE – SELF PACED

ENROLL IN BASIC REAL ESTATE FINANCE

Cost Approach Overview

      This introductory course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. Students will learn ways to estimate depreciation and cost. The course includes various examples to ensure proper understanding and retention.


$59.00 ONLINE – SELF PACED

ENROLL IN COST APPROACH OVERVIEW

Ethics in Real Estate

      EXCELLENT VALUE! This is your convenient all-in-one CE solution for Rhode Island. Save money and streamline your renewal with this package. Courses included are:
 

  • ADA and Fair Housing
  • Ethics In Real Estate
  • Green Home Construction
  • Income Capitalization Overview
  • Tax Advantages of Home Ownership

$29.00 ONLINE – SELF PACED

ENROLL IN ETHICS IN REAL ESTATE

Green Home Construction

      Thinking about "going green?" The prevalence of green home construction continues to expand in the U.S. Don't you want to have a better understanding of this market? This course covers various topics in both sustainable design and green home construction including waste management, lot shopping, special safety applications, site work, and building material choices.


$59.00 ONLINE – SELF PACED

ENROLL IN GREEN HOME CONSTRUCTION

Green Home Features

      What makes a green home green? Students will gain insight into different features included in green design. Highlights include water and energy efficiency, appliances, methods of controlling heat loss, how to conserve energy in a home, lighting, and renewable energy.


$29.00 ONLINE – SELF PACED

ENROLL IN GREEN HOME FEATURES

Income Capitalization Overview

      Learn all the steps included in the income approach to home and property valuation. This course dives into how to estimate rates of capitalization as well as income and expenses. Highlights include coverage of yield capitalization and direct capitalization as well as multiple examples designed specifically to help students better absorb and fully comprehend the material covered.


$59.00 ONLINE – SELF PACED

ENROLL IN INCOME CAPITALIZATION OVERVIEW

Prequalifying Your Buyer in Today's Market

      This course provides an overview of real estate financing, and describes the different types of loans and loan programs as well as lending sources. Students will learn how to calculate debt ratios and use loan factors to complete mathematical calculations related to mortgage loans. Students will also estimate closing costs for different types of loans. The instruction is followed with a scenario for which the student will do the prequalifying computations and complete a loan comparison worksheet for the buyers in the scenario.


$29.00 ONLINE – SELF PACED

ENROLL IN PREQUALIFYING YOUR BUYER IN TODAY'S MARKET

Real Estate Math

     Math is a large component of numerous areas of real estate. This elective course helps the student understand what math calculations and formulas are included in and applicable for capitalization, property management, investments, commissions, return of investments, property costs, loans and property pricing. A hands-on course, students will enjoy the simple formulas and practice problems to better help retention.


$29.00 ONLINE – SELF PACED

ENROLL IN REAL ESTATE MATH

Rhode Island Complete Renewal Package

EXCELLENT VALUE! This is your convenient all-in-one CE solution for Rhode Island. Save money and streamline your renewal with this package. Courses included are: 

  • ADA and Fair Housing
  • Ethics In Real Estate
  • Green Home Construction
  • Income Capitalization Overview
  • Tax Advantages of Home Ownership

$159.00 BUNDLE

ENROLL IN RHODE ISLAND COMPLETE RENEWAL PACKAGE

Safety First: Crime Prevention and Self-Defense for Real Estate Pros

      This course provides real estate professionals with safety tools and tips to help mitigate fear when working in the field as real estate sales professional. The material and activities are designed to help real estate sales professionals better recognize and avoid potentially dangerous people and situations. This course will also equip real estate professionals with self-defense techniques to handle a real attack, thereby increasing self-confidence.


$29.00 ONLINE – SELF PACED


ENROLL IN SAFETY FIRST: CRIME PREVENTION AND SELF - DEFENSE FOR REAL ESTATE PROS

Sales Comparison Approach

      Gain insight into how the sales comparison approach to valuation works. This course takes a step-by-step look at the approach. Additionally, this course covers the process for data collections as well as different ways that adjustments can be estimated. Example problems help students to better retain and apply the information.


$59.00 ONLINE – SELF PACED

ENROLL IN SALES COMPARISON APPROACH

Short Sales And Foreclosures

      This course is an overview of short sale transactions, alternatives to short sales, how short sales affect buyers, lenders and sellers, the Home Affordable Modification Program (both HAMP Tier 1 and 2 are included) and the Home Affordable Foreclosure Alternative (HAFA II/Short Sale). Highlights include defining what a licensee's role is in a short sale and how to put together the packet needed in a short sale for a lender. Additional topics include how the MARS Rule affects real estate licensees who are working with a client on a short sale, tenant rights in relation to a short sale and also the kinds of lender fraud that licensees should be on the lookout for during the process of a short sale.


$29.00 ONLINE – SELF PACED

ENROLL IN SHORT SALES AND FORECLOSURES

Tax Advantages of Home Ownership

      What types of tax benefits are unique to homeowners? This course gives the student insight into different kinds of homeowner benefits and also teaches how to calculate taxes that can affect the purchase of a home. This is an elective real estate continuing education course.


$59.00 ONLINE – SELF PACED

ENROLL IN TAX ADVANTAGES OF HOME OWNERSHIP

Tax Free Exchanges

      Learn all about tax free exchanges. This course is an excellent introduction to the implications of tax free exchanges for investment properties in residential real estate. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange.


$29.00 ONLINE – SELF PACED

ENROLL IN TAX FREE EXCHANGES

Technology Trends in Real Estate

      The technology landscape changes quickly, and this rapid change can have significant consequences for the real estate professional. To perform at their best, real estate professionals need to stay ahead of these trends. This course helps to bring focus to the technological innovations that are most relevant to real estate practice. The course will discuss trends in software, social media, and internet security. Videos are presented throughout the course to help explain and illustrate key topics.


$29.00 ONLINE – SELF PACED

ENROLL IN TECHNOLOGY TRENDS IN REAL ESTATE

Rhode Island Appraisal Courses

Basic Appraisal Principles

      Gain a foundation in appraisal principles. This course is an introduction to topics including legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value and real estate markets and analysis, ethical considerations and highest and best use. This 30 hour course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.


$349.00 ONLINE – SELF PACED

ENROLL IN BASIC APPRAISAL PRINCIPLES

Basic Appraisal Procedures

      Want thorough insight into the process of valuation? Then this course is for you! During this 30-hour curriculum, students will learn the three approaches used by appraisers to reach the opinion of value (income capitalization, sales comparison and cost) and how to derive multipliers and rates. Also included is a guide through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and conducting market research and reconciliation. Students will enjoy the hands-on completion of crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30 hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser. It is advised to complete the Basic Appraisal Principles and Procedures Courses before taking this course.


$349.00 ONLINE – SELF PACED

ENROLL IN BASIC APPRAISAL PROCEDURES

Rhode Island 75-Hour Registered Real Estate Appraiser Package

      Complete with 75 hours of the new Associate Real Estate Appraiser Qualification Criteria. This package includes three courses: Basic Appraisal Principles, Basic Appraisal Procedures, and the 2018-2019 15-Hour Equivalent USPAP Course. Also included in this package is the USPAP Manual eBook.


$749.00 BUNDLE

ENROLL IN RHODE ISLAND 75-HOUR REGISTERED REAL ESTATE APPRAISER PACKAGE

2018-2019 15-Hour Equivalent USPAP Course

      This mandatory course will introduce aspiring appraisers to the requirements for ethical behavior and competent performance set forth in the Uniform Standards of Professional Appraisal Practice (USPAP). 

      With the use of practice tests and interactive appraisal scenarios, you will get a full understanding of the history of appraisal standards, the structure of USPAP, essential steps in the appraisal process, USPAP definitions, and how to follow USPAP standards in your new career as a real estate appraiser.
 

The mandatory Appraisal Foundation USPAP manual ($75 value) is included at no additional cost.


$279.00 ONLINE – SELF PACED

ENROLL IN 2018-2019 15-HOUR EQUIVALENT USPAP COURSE

Residential Appraiser Site Valuation & Cost Approach

      Gain confidence in your appraisal valuation skills! A more in-depth dive into appraisal valuation concepts and cost approach applications, this course meets 15 hours for the Trainee level up to the Licensed Appraiser level of Real Property Appraiser Qualification Criteria. Develop a stronger understanding of the process of the cost approach as this covers step-by-step the appraisal value process while applying this method. Highlights include interview methods and tips, market extraction, and data sources from professional services. Please note that Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.


$199.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL APPRAISER SITE VALUATION & COST APPROACH

Residential Market Analysis and Highest and Best Use

      Make solid decisions in the valuation process. Understand the interdependence within the application of market analysis and highest and best use. Meeting 15 hours of Real Property Appraiser Qualification Criteria for appraisal Trainees up to Licensed Appraisers, this course highlights the association between cost, income capitalization and sales comparison (the three valuation concepts), highest and best use reasoning and analysis of the market. Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.


$199.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND BEST USE

Residential Report Writing and Case Studies

      Get a crash course in appraisal report writing! Students will enjoy this hands-on constructive course focused on learning how to create effective, well-formed reports for appraisals. Both content and exercises focus on appraisal writing techniques, gaining a real understanding of and ability to apply residential valuation procedures and grammar guidelines. Specific residential case studies are used as examples to help students gain a realistic view. Examples help students grasp narrative comment writing on form appraisal reports and also how to explain the process and reasoning behind the valuation conclusions to those who use the reports. 15 hours of Real Property Appraiser Qualification Criteria for the Trainee through Licensed Appraiser level upon completion of this course. Students need to have taken Basic Principles and Basic Appraisal Procedures to be able to sign up.


$199.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL REPORT WRITING AND CASE STUDIES

Residential Sales Comparison and Income Approaches

      Round out your foundational understanding of appraisal valuation approaches. Focusing on the two types of valuation concepts other than cost approach, this course fulfills 30 hours of Real Property Appraiser Qualification Criteria for appraisers from the Trainee level to the Licensed Appraiser level. Learn the process for both as well as how to gather and analyze needed information. Highlights include: the use of appraisal comparison grids, tips on locating needed information and a comparison with pros and cons of both the residential sales comparison and the income approach. Prerequisites: Basic Appraisal Principles and Procedures Courses.


$349.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL SALES COMPARISON AND INCOME APPROACHES

Upgrade to Licensed Level Package

     Ready to move from Trainee level to a Licensed Residential Appraiser? This package is designed just for you. It contains the required education to help you get to that next step in your career. This 75-hour package includes: Residential Appraiser Site Valuation and Cost Approach, Residential Sales Comparison and Income Approach, Residential Market Analysis and Highest and Best Use, and Residential Report Writing and Case Studies.


$795.00 BUNDLE

ENROLL IN UPGRADE TO LICENSED LEVEL PACKAGE

A URAR Form Review

      This course is a detailed walkthrough showing how to complete the Uniform Residential Appraisal Report (URAR). Students will learn each step of the process as the course guides them through the sections and necessary fields of the form. At completion of this appraisal CE course, students should have a full understanding of how to complete the URAR reports in compliance with USPAP.


$99.00 ONLINE – SELF PACED

ENROLL IN A URAR FORM REVIEW

Appraisal Math and Statistics

     A true understanding of appraisal math is essential for success as a real estate appraiser. This course offers students insight into key mathematical functions including the mathematics of finance, and calculating area and statistics involved in appraisal.


$99.00 ONLINE – SELF PACED

ENROLL IN APPRAISAL MATH AND STATISTICS

Cost Approach Overview

      This introductory course is a hands-on learning exercise explaining cost approach valuation and the methods included in calculating it. Students will learn ways to estimate depreciation and cost. The course includes various examples to ensure proper understanding and retention.


$99.00 ONLINE – SELF PACED

ENROLL IN COST APPROACH OVERVIEW

Residential Appraiser Site Valuation & Cost Approach

     Strengthen your foundation and build your appraisal skills. This is a foundation course for appraisers on vacant land parcels, their valuation, how the cost approach method is used, and the fundamental concepts involved. Grow your abilities as a real estate appraiser by learning interview techniques, how to use market extraction to establish a cost estimate, and how to utilize data offered by professional cost data sources. Gain an understanding of the many cost approach applications by going from the beginning appraisal assignment all the way to the final value estimate of a property. Please note that you must complete Basic Appraisal Principles and Procedures Courses before enrolling in this course.


$189.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL APPRAISER SITE VALUATION & COST APPROACH

Residential Market Analysis and Highest and Best Use

      Dive into residential market analysis. Want a deeper understanding of how to read, map and analyze a market area by applying highest and best use practices? This course discusses in detail the three approaches regarding value in appraisal including sales comparison, cost and income capitalization. Students will gain insight into how to understand the connection between highest and best use analysis, market analysis, and the three approaches to valuation in real estate appraisal. This appraisal continuing education course has a prerequisite: completion of the Basic Appraisal Principles and Procedures Courses.


$189.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL MARKET ANALYSIS AND HIGHEST AND BEST USE

Residential Report Writing and Case Studies

     This is an excellent crash-course on the numerous writing exercises that you will need to know in order to be successful as an appraiser. Want to produce professional, thorough appraisal reports? Then this course is for you! It covers residential valuation procedures, numerous writing techniques, and a review of grammar and writing assignments focused around a residential case study. As a hands-on course, students will better retain information as they complete the included exercises such as the compiling of competent and practical narrative comments to be included in form appraisal reports as well as how to interpret valuation procedures and conclusions for people who use the reports. Please be advised that this course does have a prerequisite: the completion of Basic Appraisal Principles and Procedures Courses.


$189.00 ONLINE – SELF PACED

ENROLL IN RESIDENTIAL REPORT WRITING AND CASE STUDIES

Sales Comparison Approach

      How does the property you are appraising stand up to recently sold properties in the same area? This course walks the student through the sales comparison approach to real estate appraisal. Learn the procedures recommended in the collection of data, as well as which way adjustments can be estimated. This course is hands-on as it includes multiple examples to help the student apply and retain the information.


$99.00 ONLINE – SELF PACED

ENROLL IN SALES COMPARISON APPROACH

Rhode Island Real Estate Career

License Process for Rhode Island

Rhode Island Real Estate License Requirements 

Learn about the real estate education needs for licensing and renewal in your state. 


Licensing Board/Commission: 

State of Rhode Island Department of Business Regulation - Real Estate 


Requirements: 

Education hours required for a real estate salesperson license in the state of Rhode Island: 45 hours (which must include the 3-hour New Agency Law course) 


Education hours required for a real estate broker license in the state of Rhode Island: 90 hours (in addition to the 45 hours required for salespersons)

 

Reciprocity: 

Real estate commissions and boards across the country are adopting policies for a real estate agents in one state to more easily become licensed in another state. Rhode Island has reciprocity agreements for either a salesperson or broker license with Connecticut and Massachusetts. Applicants from these states must submit: 

• a completed real estate application; 

• a criminal history record from the Rhode Island Department of the Attorney General’s office, as well as one from the applicant’s home state law enforcement agency; 

• a taxpayer status affidavit or identity verification; 

• a certificate of completion of a 3-hour course in lead poisoning/lead hazard mitigation; 

• a certificate of errors and omissions insurance; 

• a certificate of licensure or letter of good standing from the applicant’s home state’s licensing authority; and 

• an irrevocable power of attorney form for service of process.


Continuing Education (CE) and License Renewal Requirements: 

Real estate professionals in Rhode Island must renew their real estate licenses by April 30 of evennumbered years. Licensees must complete 24 hours of real estate CE. This must include 6 hours covering core courses. There are nine core course subject areas to choose from: law of agency, law of contracts, Rhode Island landlord-tenant law, fair housing, lead hazard mitigation or environmental issues pertaining to real property, Rhode Island license law, financing the purchase of real estate and ethics.

Rhode Island Appraisal Career

License Process for Rhode Island

Rhode Island Real Estate Appraisal Licensing Requirements

Learn about the appraisal education needs for licensing and renewal in Rhode Island. 


The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Rhode Island Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred. 


Licensure Levels 

• Trainee Appraiser 

• Licensed Appraiser 

• Certified Residential Appraiser 

• Certified General Appraiser 


Licensure Requirements to Become an Appraiser 

• Must be at least 18 years of age 

• Must have a high school diploma or its equivalent 

• Must meet the educational requirement for the applying level of appraiser licensure 

• Must meet the experience requirement for the applying level of appraiser licensure 

• For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required 

• For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required 

• Satisfactory completion of the state examination (Trainees are not required to take the state exam) 

• Submit application, required documents, and associated fees 


Appraiser School Education Requirements 

• 75 hours for the Trainee Appraiser which consist of the following appraiser courses: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours) 

• 150 hours for the Licensed Appraiser which include the same hour requirement as the Trainee Appraiser level AND: Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours) 

• 200 Hours for the Certified Residential Appraiser which consist of the same 150 hours of Licensed Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours) 

• 300 hours for the Certified General Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours) 


Experience Requirements for Becoming an Appraiser 

• Trainee Appraiser - No experience required However, the trainee must gain experience within a two year period working for a certified appraiser 

• Licensed Appraiser - 2000 hours in no less than 24 months 

• Certified Residential Appraiser – 2500 hours in no less than 24 months 

• Certified General Appraiser – - 3000 hours in no less than 30 months with at least 1500 hours of experience in non-residential appraisals 


Continuing Education Requirements for Appraiser License Renewal 

• All licenses expire two years from the date of issuance 

• All licensees must complete 28 hours of continuing education appraiser classes during the two year cycle 

• 7 hours must include the USPAP Update course or its equiv