The Appraisal Foundation Offers Online Property Appraisal Course

Online Platform Tailors Education to the Individual Skills of Appraisal Students Nationwide

The Appraisal Foundation and CompuTaught, a leading developer of computer-based real estate education and part of Cengage Learning, have partnered to develop online versions of The Appraisal Foundation’s 15-Hour National USPAP Course, 7-Hour National USPAP Update Course and Instructor Recertification Course for individuals who are AQB Certified USPAP Instructors.

All real property appraisers are required to take the 15-Hour National USPAP Course, or its equivalent, as part of their education to earn a state credential. All state-licensed or certified real property appraisers must take the 7-Hour National USPAP Update Course, or its equivalent, every two years.

The online versions of these courses will be offered through the CompuTaught learning system and will begin with the 2010 edition of the Uniform Standards of Professional Appraisal Practice (USPAP). Both the 7-hour and 15-hour courses will be available in the Fall of 2009. They will be made available and marketed to all education providers through CompuTaught. As is the case with the classroom version of the National USPAP Courses, The Appraisal Foundation will not be offering the online course to students directly. The Instructor Recertification Course will also be offered in the Fall of 2009 through The Appraisal Foundation to more than 600 AQB Certified USPAP Instructors.

The CompuTaught learning system is a dynamic online learning system that enables students to maximize their educational potential. The system will automatically tailor property appraiser instruction to fit the needs of each individual student to ensure mastery of and fluency in the subject matter.

“The Appraisal Foundation’s goal was to effectively translate our in-class expertise into a successful distance-learning course format,” said David Bunton, President of The Appraisal Foundation. “After reviewing CompuTaught’s online platform, we knew that it offered us the best online vehicle to help real property appraisers across the country master and become fluent in this essential appraiser content.”

“We applaud the Foundation for raising the bar and expanding its program access to students from across the country,” said Bud Hunsucker, Vice President CompuTaught Business Development & School Programs. “We’re happy to support their efforts and make their courses conveniently available to more existing and aspiring property appraisers who may not be able to attend their courses in person.”

For more information, visit: www.computaught.com.

About The Appraisal Foundation

The Appraisal Foundation, a Congressionally authorized non-profit organization established in 1987, is dedicated to the professional advancement of the appraisal profession. The Foundation accomplishes its mission through the work of its two independent Boards, the Appraisal Standards Board (ASB) and the Appraiser Qualifications Board (AQB). More information on The Appraisal Foundation is available at www.appraisalfoundation.org.

About Cengage Learning and CompuTaught

Cengage Learning delivers highly customized learning solutions for colleges, universities, professors, students, libraries, government agencies, corporations and professionals around the world. Founded in Marietta, Georgia, in 1989, CompuTaught, part of Cengage Learning, was the first company in the country to offer state-approved real estate courses on computer, and continues to be the leading developer of computer-based real estate education. In addition to the new online initiative, the privately held educator distributes its courses through more than 200 independent schools, with more than 50,000 enrollments per year. For more information visit: www.computaught.com or call +1 800.860.7479.