Certificate in Real Estate Appraisal
2019-2020 Map
Total Units: 15
Term 1
9 Units. Specified core courses are signified by icon.| Course Name | Units | Notes | |
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| RLS-20: Real Estate Principles | 3 | ||
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Unit(s): 3.00
This introductory course provides students with an overview of the real estate industry, basic real estate terminology, fundamental economic principles applicable to the real estate industry, and professional and ethical challenges experienced by real estate professionals. The course introduces the fundamental principles of real estate ownership, transfer, financing, evaluation, agency law and contracts. This course satisfies the California Department of Real Estate (DRE) requirement that students pass a college-level "Real Estate Principles" course prior to taking the Real Estate Salesperson License Exam. This course can also count as one of the three optional courses that students must pass prior to taking the California Real Estate Broker License Exam. |
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| Required Core Choice (Select One) | 3 | ||
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| RLS-35: Real Estate Appraisal | 3 | Depends on availability. | |
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Prerequisite(s): RLS 20 (or concurrent enrollment) This course introduces students to real estate valuation, with an emphasis on residential real estate. The course covers basic real estate appraisal principles, the systematic appraisal process, different approaches to estimating value and factors affecting market value (including the economic environment). In addition, students will learn about the role and responsibilities of the professional appraiser, trends in the appraisal industry and the process of preparing an appraisal report. This course satisfies the California Department of Real Estate (DRE) requirement that students pass a college-level "Real Estate Appraisal" course prior to taking the Real Estate Broker License Exam. It can also count as the optional course that students must pass prior to taking the California Real Estate Salesperson License Exam. This course also meets the license requirements of the 2008 Appraisal Qualifications Board of the Appraisal Foundation and is required for the appraisal trainee license, residential license, certified residential license and certified general license. |
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Term 2
6 Units. Specified core courses are signified by icon.| Course Name | Units | Notes | |
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| RLS-45: Real Estate Economics | 3 | Depends on availability. | |
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Prerequisite(s): RLS 20 (or concurrent enrollment) This course provides students with a basic understanding of economic factors that affect residential, commercial, industrial, rural and special purpose real estate. The focus is on financing and government policy; urban development and renewal; regulation of land use; business and real estate cycles and mortgage markets and their impact on real estate and investment opportunities. This course satisfies the California Department of Real Estate (DRE) requirement that students pass a college-level "Real Estate Economics" course prior to taking the Real Estate Broker License Exam. It can also count as the optional course that students must pass prior to taking the California Real Estate Salesperson License Exam. |
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| RLS-55: Property Management | 3 | Depends on availability. | |
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Prerequisite(s): RLS 20 (or concurrent enrollment) This course provides students with a basic understanding of property management principles and practices. The content focuses on issues relating to management, agency, contracts, and practical issues relating to property rental. Legal issues and government regulations regarding such issues as evictions, discrimination, landlord and tenant rights and rent control are explored. This course can fulfill an elective course requirement of the California Department of Real Estate (DRE) for those taking the Real Estate Salesperson and Broker Exams. |
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