Real Estate Appraisal

Program Learning Outcomes: Students will be able to apply the basic principles and procedures used in valuing residential properties. They will be able to choose the appropriate method to determine value for a specific property, estimate gross income and calculate expenses for income producing property and meet Appraisal Qualifications Board (AQB) licensing requirements for filling out forms and completing the USPAP form.
In the Real Estate curriculum, the California Office of Real Estate Appraisal (OREA) determines the courses required to attain an appraisal license, including: 1) Trainee License, 2) Residential License, and Certified Residential Licenses. Many of these course are also applicable to the salesperson's or broker's license of the California Department of Real Estate (DRE). In certain cases courses can be used for both OREA and DRE requirements. Students will be able to apply the basic principles and procedures used in valuing residential properties. They will be able to choose the appropriate method to determine value for a specific property, estimate gross income and calculate expenses for income producing property, and meet Appraisal Qualifications Board (AQB) licensing requirements for filling out forms and completing the USPAP form.

Associate in Science Program Map Certificate Program Map

PREREQUISITE COURSES	REQUIRED COURSES FOR CERTIFICATE		UNITS
	RE 101	Real Estate Principles	3
	RE 130	Real Estate Economics	3
	RE 140	Legal Aspects of Real Estate	3
	RE 150	Real Estate Finance	3
	RE 161	Income Appraisal Report Writing	3
	RE 162	Basic Appraisal Principles and Procedures	3.5
	RE 163	Basic Residential Real Estate Appraisal	3.5
	RE 164	Residential Applications and Residential Report Writing	3
	RE 165	Uniform Standards of Professional Appraisal Practice (USPAP)	1
	Select a minimum of 3 units from the following courses:
	ACCTG 101 or ACCTG 110	Financial Accounting Basic Accounting I	5 or 4
	BUSAD 120	Business Law I	3
	RE 180	Mortgage Loan Brokering	3
	RE 190	Property Management	3
	RE 195	Common Interest Developments (Homeowners Associations Management)	3
	RE 250	Escrow I	3
	TOTAL UNITS REQUIRED		29

NOTE: ADDITIONAL COURSEWORK MIGHT BE REQUIRED IF PREREQUISITES ARE NOT MET. SEE A COUNSELOR TO PREPARE A STUDENT EDUCATIONAL PLAN.

August 2014	GCC CATALOG 2014-2015
Important Notice: In the event of a discrepancy between the information presented above and the online and/or print versions of the GCC Catalog, please contact a counselor or the office of Admissions and Records. For previous years requirements please see the catalog from that year.