CCOG for RE 210 archive revision 201501
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- Effective Term:
- Winter 2015
- Course Number:
- RE 210
- Course Title:
- Real Estate Appraisal-Foundations
- Credit Hours:
- 3
- Lecture Hours:
- 30
- Lecture/Lab Hours:
- 0
- Lab Hours:
- 0
Course Description
Basic principles, methods and techniques of determining the value of real estate in connection with transfer of ownership, financing and credit, just compensation in condemnation, and as a basis for taxation. Meets State of Oregon requirements for licensing/certification. Audit available.
Addendum to Course Description
Real Estate Appraisal Foundations is intended to be a student's initial real estate appraisal course.
Intended Outcomes for the course
- Demonstrate an understanding of basic real estate appraisal concepts and methods.
- Communicate effectively using standard real estate appraisal terminology.
Outcome Assessment Strategies
Students will be assessed by any combination of the following:
- Active participation in class
- Contextual written tasks (in or outside of class) to assess reading
- Homework assignments
- Oral responses to in class hypothetical
- Request for real life applications of course material
- In class, interactive student role-plays
- Quizzes and practice exams following State of Oregon Appraisal Certification and Licensure Board question format; Final comprehensive examination patterned after Oregon Real Estate Appraisal license exam
Course Content (Themes, Concepts, Issues and Skills)
Include all or most of the following:
- Value concepts
- Real estate law
- Money/capital markets
- Real estate finance
- Valuation process
- Neighborhood / area analysis
- Data collection
- Building construction, design, and function
- Highest and best use
- Three traditional approaches to value
- Reconciliation
- Valuation of partial interests