REAL 104 - Introduction to Real Estate Appraisal

Lecture - Lab - Credit Hours: 3-0-3
This course covers the basic underlying factors in real estate appraising and is confined primarily to the appraisal of one family residential property presenting the three approaches to value: cost, income, and sales comparison, with greatest emphasis being placed on the sales comparison approach. Fifteen class hours toward the Brokers Examination are awarded upon the satisfactory completion of this course.Prerequisite: REAL 101 or possession of the salesperson license.