AAS Certified Residential Appraiser
Academic Plan Code
MCCCD Program Detail
Students must earn a grade of C or better for all courses required within the program.
The Associate in Applied Science (AAS), Licensed Residential Appraiser program prepares students for the appraisal of residential land and real property. Licensed Real Property Appraisal students will be prepared for the Appraisal Qualification Board (AQB)-approved Licensed Residential Real Property Appraiser examination or its equivalent. Upon completion students will have completed the necessary education requirements designated by the Appraisal Qualification Board (AQB) and Arizona Department of Real Estate (ADRE) for prelicensing education. The Licensed Residential Appraiser may appraise non-complex 1-4 residential units having a transaction value less than $1,000,000 and complex 1-4 residential units having a transaction value less than $250,000. This classification does not include the appraisal of subdivisions.
What You’ll Learn
This program will help you gain the expertise needed to:
- Use computer software to facilitate and implement information management.
- Collect, organize, present, analyze, and interpret numerical data using frequency distributions and graphical presentations.
- Describe real property concepts, characteristics, legal aspects, and other economic principles and appraisal ethics in practice.
- Analyze the valuation of procedures and property description for residential and commercial applications through use of practical applications and appraisal math.
- Explain the basic rules for ethical behavior and competent performance in appraisal as required by the Uniform Standards of Professional Appraisal Practice.
- Gather, evaluate and recognize market conditions affecting buyers and sellers and reporting values for markets, sub-markets, supply/demand analysis and market segmentation.
- Apply the cost approach for new and resale properties using appropriate theories and methodologies for obtaining residential site values.
- Analyze matched pairs, gross rent multipliers, and capitalization rates using the income approach for residential sales comparison including valuation principles and procedures.
- Explain the basics of essential writing skills in producing realistic appraisal reports.
- Read, comprehend and apply basic land descriptions to real property.
- Identify real estate financing methods.
- Use a dictionary to determine spelling, meaning, pronunciation, syllabication, accent, word usage, and word history.
- Define marketing and identify the marketing environments.
- Examine the national minimum requirements and responsibilities for appraisers.
- Explain the major activities and occupations in real estate.
- Complete a listing agreement.
- Explain the exemptions from real estate license requirements for residential and non-residential property management.
- Describe the concepts involved in the topic area.
|Course #||Course Title||Credits|
|Course #||Course Title||Credits|
|CIS105||Survey of Computer Information Systems||3|
|PSY230||Introduction to Statistics (3) AND|
|PSY231||Laboratory for Statistics (1)||4|
|REA270||Basic Appraisal Principles||2|
|REA271||Basic Appraisal Procedures||2|
|REA272||Uniform Standards of Professional Appraisal Practice (USPAP)||1|
|REA273||Residential Market Analysis Highest and Best Use||1|
|REA274||Residential Appraiser Site Valuation and Cost Approach||1|
|REA275||Residential Sales Comparison and Income Approaches||2|
|REA276AA||Residential Report Writing and Case Studies I||1|
|REA281||Principles of Real Estate Law||3|
|REA282||Real Estate Finance||3|
|MKT271||Principles of Marketing||3|
|REA150||Supervisory Appraiser/Trainee Appraiser||1|
|REA179||Real Estate Principles I||3|
|REA180||Real Estate Principles II||3|
|REA290AH||Real Estate Seminar: Contract Writing||0.5|
General Education Requirements
|General Education Requirement||Credits: 22-27|
|General Education Core||Credits: 12-17|
|First-Year Composition||Credits: 6|
|Any approved general education course from First Year Composition area||6|
|Oral Communication||Credits: 3|
|Any approved general education course from the Oral Communication area||3|
|Critical Reading||Credits: 0-3|
|CRE101||College Critical Reading and Critical Thinking (3) OR|
|Equivalent as indicated by assessment||0-3|
|Any approved general education course from the Mathematics area||3-5|
|General Education Distribution||Credits: 10|
|Humanities and Fine Arts||Credits: 3|
|Any approved general education course from the Humanities, Arts and Design area||3|
|Social and Behavioral Sciences||Credits: 3|
|ECN211||Macroeconomic Principles (3) OR|
|ECN212||Microeconomic Principles (3)||3|
|Natural Sciences||Credits: 4|
|Any approved general education course from the Natural Sciences area||4|
Meet with an Advisor
Click here for MCC’s easy-to-use Enrollment Steps.
Before signing up for classes, you’ll want to meet with an academic advisor. Together, you’ll lay out a program and career path that suits you best. This step is essential to your academic success.
This Associate in Applied Science is associated with
All information is administered by the Center for Curriculum and Transfer Articulation at Maricopa County Community College District and published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.
View MCCCD's program website for the Associate in Applied Science in Certified Residential Appraiser (http://aztransmac2.asu.edu/cgi-bin/WebObjects/MCCCD.woa/wa/freeForm3?id=119161).