Vermont Assessors and Listers Association
Available Courses
2026 IAAO Classes Currently Scheduled
These courses are offered to supplement the PVR Assessor Designation. For more information about the Designation Program, go to: https://tax.vermont.gov/municipal-officials/education/vpacp
PVR Designation Tracker
Typically, the classes run from 8:00/8:30 a.m. to 5:00/5:30 p.m. EST, with a lunch break. Sometimes they run shorter, and sometimes they run longer, depending on the instructor, materials, and the class participation and discussions.
Vermont students, please be aware that IAAO courses will be significantly more rigorous than PVR courses. This presents a valuable opportunity for growth and learning, so be prepared to dedicate time to study between classes. Fully engaging with the material will help you make the most of your educational experience.
PVR Designation Level Two
Jan 26 – Jan 29, 2026 — IAAO 102 Course: Income Approach to Valuation (Online) 33 Hours CE with exam
4 classroom days with a 6-day window to take the exam after the course has ended.
This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant or improved properties by the income approach. This course covers real estate finance and investment, capitalization methods and techniques, analysis of income and expenses to estimate operating income, selection of capitalization rates, and application of the approach. For more information about this course, please review the Course Information Packet.
Nov 9 – Nov 13, 2026 — IAAO 101 Course: Fundamentals of Real Property Appraisal (In person) 33 Hours CE with exam
This course is designed to provide students with an understanding and working knowledge of the procedures and techniques required to estimate the market value of vacant and improved properties. This course concentrates on the skills you need to estimate the market value of properties using two approaches to value: the cost approach and the sales comparison approach. For more information about this course, please review the Course Information Packet.
This course will be held in person at West Rutland Town Hall, 35 Marble St, West Rutland, VT 05777
*Self Study — Workshop 171: IAAO Standards of Professional Practice and Ethics (Online) CEU: 2
You have 90 days from the date you begin the course to complete the material.
This workshop reinforces the importance of promoting and maintaining public trust in the appraisal process by representing the highest standards of professional ethics. The goals of this workshop are that learners will practice ethical behavior in the performance of their day-to-day duties, recognize how the IAAO promotes ethical behavior within its membership, and consider the effect of ethical and unethical behavior on the profession. Using videos, activities, scenarios, and self-paced modules, this workshop covers the IAAO’s Code of Ethics and Standards of Professional Conduct, provides two ethical decision-making modules to practice, and examines the relationship between ethics and public trust. Additionally, there is an introductory video on the history of IAAO.
* Free for VALA Members.
**$25 processing fee for VT Lister/Assessors who are Non-VALA Members. Contact vtassessorsandlisters@gmail.com, and we will assist you with enrollment.
*** This offering is for Vermont Residents only; non-residents can register for the course and pay the full fee at iaao.org.
IAAO offers this course for free to its individual members. More Details: https://www.iaao.org/membership/join-iaao/benefits-of-an-iaao-membership/
PVR Designation Level Three
Jan 5 – Jan 8, 2026 — IAAO 300 Course: Fundamentals of Mass Appraisal (Online) 33 Hours CE with exam
4 classroom days with a 6-day window to take the exam after the course has ended.
This course provides an introduction to mass appraisal and is a prerequisite for the IAAO 300-level course series. Topics covered include single-property appraisal versus mass appraisal, components of a mass appraisal system, data requirements and analysis, introduction to statistics, use of assessment ratio studies in mass appraisal, modeling of the three approaches to value, and selection of a mass appraisal system. For more information about this course, please review the Course Information Packet.
Recommended prerequisites: Course 101, Course 102
Oct 26 – Oct 27, 2026 — IAAO 155 Workshop: Depreciation (Online) 15 CE Hours with Exam
2 classroom days with a 6-day window to take the exam after the course has ended.
This workshop provides a comprehensive, advanced treatment of the techniques of estimating depreciation of residential property. Through a series of market-oriented case studies and demonstration problems, types of depreciation and generally recognized method or measuring depreciation are covered, with emphasis on the observed condition method. Depreciation measurements are applied to a single subject property, providing experience in analyzing the advantages and limitations of each method. This workshop includes an exam. For more information about this course, please review the Course Information Packet.
Recommended prerequisites: Course 101
PVR Designation Level Four
Feb 9 – Feb 12, 2026 — IAAO 311 Course: Real Property Modeling Concepts (Online) 30 CE
4 classroom days with a 6-day window to take the exam after the course has ended.
The Real Property Modeling Concepts course presents a detailed study of the mass appraisal process as applied to residential and income-producing properties.Topics covered include a comparison of single-property appraisal and mass appraisal, the major steps in the mass appraisal process, data requirements, market analysis, use of sales ratio studies, cost approach, sales comparison approach, gross and net income analysis, capitalization rate development, model specification and calibration, valuation review techniques and maintenance. Please note: former 311 (Residential Modeling Concepts) and 312 (Commercial/Industrial Modeling Concepts) have been redesigned into this one 5-day course. For more information about this course, please review the Course Information Packet.
Recommended prerequisites: Course 300
*New Dates: Feb 23 – Feb 24, 2026 — IAAO 158 Workshop: Highest and Best Use (Online) 15.5 Hours with exam
2 classroom days with a 6-day window to take the exam after the course has ended.
Highest and best use is a concept in real estate appraisal in which market value is achieved by the reasonably and probable legal land use that results in the highest value and is an essential step in the mass appraisal process that is required before the creation of market value estimates. Local law may mandate preferential assessments according to specific land uses such as agricultural, historic, and so fort,h rather than the highest and best use. This workshop is designed to provide students with a more in-depth study and understanding of the role and purpose of highest and best use in the appraisal process. Finally, this course will feature discussions of the unique situations that sometimes arise in a highest and best use analysis. This course includes an exam. For more information about this course, please review the Course Information Packet.
Workshop duration: 2 days
Mar 9 – Mar 13, 2026 — IAAO 112 Course: Income Approach to Valuation II (Online) 33 Hours CE with exam
4 classroom days with a 6-day window to take the exam after the course has ended.
This course is an intermediate-level course designed for the practicing appraiser and builds on IAAO Course 102 training. An understanding of the income approach to value and practical experience with income capitalization are essential prerequisites. Problem-solving requires a calculator with a power key. This course makes extensive use of financial compounding and discounting techniques. Emphasis is on developing financial factors by way of electronic devices with slight references to pre-printed tables. Forecasting income patterns and property value changes are prominent variables used in estimating present values. Formula-driven models are the primary appraisal tools. Market value estimates through yield capitalization are the principal focus of the course. For more information about this course, please review the Course Information Packet.
Recommended prerequisites: Course 101, Course 102
Please download the 2026 Registration form from the provided link above and return it to the address listed
or to vtassessorsandlisters@gmail.com
We are unable to take registrations through the website at this time. Please email the form to vtassessorsandlisters@gmail.com
2027-2028 IAAO Schedule
IAAO 100 is offered each year by PVR
*171 is a self-study course that can be taken at any time. *101 will be in-person every other year.
Level II courses are offered every year, and Level III and IV courses will be offered on rotation
2027 VALA IAAO Course Dates
January 11-14 IAAO 300 Course: Fundamentals of Mass Appraisal Jason Frost online
January 25-28 IAAO 101 Course: Fundamentals of Real Property Appraisal David Cornell online
October 4-7 IAAO 311 Course: Real Property Modeling Concepts Jason Frost online
November 8-11 IAAO 102 Course: Income Approach to Valuation Cyndi Capps online
December 14-15 IAAO 452 Workshop: Fundamentals of Assessment RatioStudies Christopher Landin
online
2028 VALA IAAO Course Dates
January 6-7 IAAO 158 Workshop: Highest and Best Use C Landin online
January 24-27 IAAO 102 Course: Income Approach to Valuation David Cornell online
October 2-5 IAAO 112 Course: Income Approach to Valuation II David Cornell online
October 16-19 IAAO 101 Course: Fundamentals of Real Property Appraisal David Cornell *in-person November 9-10 IAAO 155 Workshop: Depreciation Jason Frost online
Tips For Online Courses:
Typically, the classes run from 8:00/8:30 a.m. to 5:00/5:30 p.m. EST, with a lunch break. Sometimes they run shorter, and sometimes they run longer, depending on the instructor, materials, and the class participation and discussions.
The online courses will be held via Zoom.
If you haven't used Zoom in a while, no worries! Here are some helpful links to refresh your memory and get you comfortable with the platform again:
Joining a Zoom Meeting:
Audio and Video Basics:
Basic In Meeting Navigation:
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You will also need to have a web camera, microphone, and speakers for the class (headphones if you prefer). You will NOT receive credit for the class through IAAO if you do not have your camera on throughout the instruction of the class. You are welcome to be in a conference room with a group of students as well.
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There are Proctored EXAMS for these classes, except for IAAO 171. I STRONGLY encourage you to review the Exam Preparation ahead of the course. They have all the Exam Resources you will need at https://learn.iaao.org/exam-resources. If you have any issues with the IAAO website and accessing the materials, please contact IAAO at techsupport@iaao.org
Professional Development Classes Currently Scheduled VALA and Other Organizations:
Stay Tuned for Future Courses
Please send any requests or ideas for future education or training sessions to VALA Education & Membership
Professional Development Opportunities Outside of VALA:
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McKissock Learning
https://www.mckissock.com/appraisal/continuing-education/vermont/
Achieve More in Your Career with McKissock
Our learning solutions hone your competitive edge through unmatched courses, multiple ways to learn — like self-paced courses or livestream classes — and expert instructors in the real estate space. Today, we offer real estate professionals, property appraisers, home inspectors, land surveyors, and engineers a wide range of education and professional development courses across a nationally accredited platform.
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IAAO: International Association of Assessing Officers
https://www.iaao.org/education/
Advance your expertise with IAAO’s industry-leading education programs. From in-depth courses to flexible online learning, we provide the tools and resources to help you grow professionally, earn credentials, and stay ahead in the field of property assessment.
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Vermont League of Cities and Towns
The Vermont League of Cities and Towns (VLCT) is a nonprofit, nonpartisan organization that was founded in 1967 with the mission of serving and strengthening Vermont local government.
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The Appraisal Institute
https://www.appraisalinstitute.org/
The Appraisal Institute empowers valuation professionals through community, credentialing, education, body of knowledge and ethical standards. Whether you’re an appraisal trainee or a seasoned professional, we have practical courses for every career stage.
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The Council of Development Finance Agencies
https://www.cdfa.net/cdfa/cdfaweb.nsf/state.html?open&state=VT#t
The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests.
Vermont’s Community and Housing Infrastructure Program (CHIP) Webinar Series: Implementing CHIP
Community Development | Housing Finance | Tax Increment Finance (TIF) | Webcasts
The final installment of this series dives into the technical details of Vermont’s new Community and Housing Infrastructure Program (CHIP). Participants explore the framework, eligibility criteria, and procedural steps that shape the program....
Vermont’s Community and Housing Infrastructure Program (CHIP) Webinar Series: TIF in Practice
Tax Increment Finance (TIF) | Webcasts
The second installment of this series spotlights national case studies of communities that are leveraging Tax Increment Financing (TIF) to drive housing and infrastructure development. By exploring both the successes and challenges of TIF projects...
Recurring Events
First Wednesday Lunch Forum
11:45 AM- 12:45 PM
Next Forum: Wednesday, August 5th, 2025
These free events aim to foster meaningful discussions among peers and provide an opportunity to share valuable insights and perspectives. We encourage participants to bring ideas for discussion topics, such as effectively utilizing the MLS, CAMA Programs, or practicing how to explain the CLA in a supportive group setting. Please note that while this forum is a great platform for exchange, it is not intended as a substitute for professional advice or guidance from your District Advisors, Town Attorneys, or CAMA providers. The Zoom Links to these monthly meetings are the same as all our meetings:
Zoom Link for ALL Meetings
Meeting ID: 821 3711 1370 Passcode: 540411 Call In: 1-646-558-8656
PVR Trainings:
Training and Certification link:
https://tax.vermont.gov/municipal-officials/education
Vermont Property Assessor Program link:
https://tax.vermont.gov/municipal-officials/education/vpacp
PVR Training Schedule-2026 Spreadsheet Link
https://tax.vermont.gov/document/lister-education-courses-2026
No-Show Fee for In-Person PVR Courses
Over the past several years, PVR has experienced a recurring issue with registrants for in-person classes who then do not attend the class. Because space is limited, these no-shows prevent others from participating and result in unnecessary costs for materials, accommodations, and food that are paid from our lister education fund. These in-person trainings are a significant cost to the Department and are offered at no charge to listers and assessors. There is usually a waiting list, which makes the no-show situation even more frustrating because another lister or assessor could have taken that spot.
To address this, we are implementing a new policy effective May 1, 2026. Any individual who registers for an in-person class and does not cancel at least five (5) days in advance will be charged a $100 fee. Exceptions may be made in the case of emergencies, at PVR's discretion.
Please carefully consider your availability before registering and ensure you can attend all scheduled dates for the training.
These descriptions are taken from the PVR website from past trainings. Please see the PVR Training and Certification link for up-to-date information:
https://tax.vermont.gov/municipal-officials/education
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February 19th, Equalization and Sales Study Training, 9-12, Online (VPA Level I)
This webinar provides an opportunity to learn how to validate your sales accurately and thoroughly. The proper research and validation of sales are paramount to getting accurate results because they directly affect a municipality’s tax rate, Common Level of Appraisal (CLA), and reappraisal status.
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March 16th, Processing Homesteads, 9-11, Online (VPA Level I)
This webinar guides listers and assessors through the process of reviewing homesteads filed by taxpayers, updating town records to reflect the filings received, and responding to Taxpayer Services with errors, updates, or additional information about a filing. The training demonstrates how the process is completed in the Vermont Property Information Exchange (VTPIE), the new software program the Department of Taxes is transitioning to.
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March 26th, Current Use, 8:30-4:30, Online with a lunch break (VPA Level I)
Note: As of Dec. 11, 2025, the Vermont Department of Taxes has transferred processing for Current Use applications from eCuse to the myVTax taxpayer portal. Users referencing this training should be advised any that any mentions of eCuse are not current. See Current Use for more information.
This webinar covers how listers should calculate excluded land for allocation, calculate the Fair Market Value for Land Use Change Tax (LUCT) purposes, and review their duties as a lister. This is a must for both new and seasoned listers and assessors. This course incorporates all functions performed in myVTax, eCuse, and those implemented in VTPIE. It also explains the differences between the software platforms.
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April 8th and 9th, New and Seasoned Lister Training, Online, with a lunch break each day (VPA Level I)
This webinar series provides an in-depth overview of the job duties of a lister. It covers the various responsibilities of the office, including lodging a grand list and downloading homestead declarations. Special attention is given to schedules, exemptions, current use calculation, and office administration. It also covers the New England Municipal Resource Center (NEMRC) grand list program, going over the basics and providing helpful tips for new and seasoned listers. Session 4 focuses on lister work in the VTPIE program and could include a demo from the statewide mapping program by the Vermont Center for Geographic Information (VCGI).
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July date TBD, Vermont State Statutes Real Estate Law, Online with Jim Knapp (VPA Level I)
This webinar explores the sources of law that regulate the process of establishing value and assessing property taxes. It looks at the major sources of law, the Constitution, statutes, cases, and regulations, with a focus on the laws applicable to tasks performed by municipal assessing officials.
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August 18-19, IAAO 100, Online (VPA Level I)
This workshop is designed to provide the students with a basic understanding of the procedures and techniques used within a mass appraisal office. This workshop introduces students to some of the concepts involved in using two approaches to value: the cost approach and the sales comparison approach. For more information about this course, please review the Course Information Packet. Workshop duration: 2 days
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August 3rd - 4th, New and Seasoned Lister Training, In Person, Bristol American Legion,
8:30-4:30, two days (VPA Level I)
This webinar series provides an in-depth overview of the job duties of a lister. It covers the various responsibilities of the office, including lodging a grand list and downloading homestead declarations. Special attention is given to schedules, exemptions, current use calculation, and office administration. It also covers the New England Municipal Resource Center (NEMRC) grand list program, going over the basics and providing helpful tips for new and seasoned listers. Session 4 focuses on lister work in the VTPIE program and includes a demo from the statewide mapping program by the Vermont Center for Geographic Information (VCGI).
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September 2,3,9,10, Data Collection, In Person, Bristol American Legion, 8:30-4:30 each day (VPA Level II)
This four-day course is designed to train listers and others interested in the fine art of data collection and property inspection. It also covers the type of information a data collector needs to generate a value using MicroSolve CAMA program, as well as providing background for other systems. Topics include grading factors, determining quality and condition, and the data collector’s role in reappraisal. This course will be of interest to listers / assessors, appraisers and mass appraisal firms.
Anti-Bias Training: Stay tuned for the new and improved training! (VPA Level I)