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Apr 18, 2024
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REAL 2010 - Real Estate Appraising
Overview of the field of real estate appraisal in Ohio. Introduces the function of the appraisal profession, licensing requirements in Ohio, process of real estate appraisal, and primary methods used to appraise real estate.
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes: - Students will be able to describe the real estate appraisal process.
- Students will be able to list, compare, and contrast the three primary methods of appraising real estate: the cost approach, the market approach, and the income approach.
- Students will be able to summarize the final appraisal reconciliation process.
- Students will be able to summarize the role and function of real estate appraisal.
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