Associate in Applied Science in Certified Residential Appraiser

Degree Information

Academic Plan

AAS Certified Residential Appraiser

Academic Plan Code

3104

Credits

61.5-66.5

MCCCD Program Detail

http://aztransmac2.asu.edu/cgi-bin/WebObjects/MCCCD.woa/wa/freeForm3?id=119161

Field of Interest

Field of Interest: Business, Entrepreneurialism, and Management

Notice

This degree has associated pathway maps with course sequence(s). We recommend using them as reference instead of the list below.

Notes

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:

  1. Use computer software to facilitate and implement information management.
  2. Collect, organize, present, analyze, and interpret numerical data using frequency distributions and graphical presentations.
  3. Describe real property concepts, characteristics, legal aspects, and other economic principles and appraisal ethics in practice.
  4. Analyze the valuation of procedures and property description for residential and commercial applications through use of practical applications and appraisal math.
  5. Explain the basic rules for ethical behavior and competent performance in appraisal as required by the Uniform Standards of Professional Appraisal Practice.
  6. Gather, evaluate and recognize market conditions affecting buyers and sellers and reporting values for markets, sub-markets, supply/demand analysis and market segmentation.
  7. Apply the cost approach for new and resale properties using appropriate theories and methodologies for obtaining residential site values.
  8. Analyze matched pairs, gross rent multipliers, and capitalization rates using the income approach for residential sales comparison including valuation principles and procedures.
  9. Explain the basics of essential writing skills in producing realistic appraisal reports.
  10. Read, comprehend and apply basic land descriptions to real property.
  11. Identify real estate financing methods.
  12. Use a dictionary to determine spelling, meaning, pronunciation, syllabication, accent, word usage, and word history.
  13. Define marketing and identify the marketing environments.
  14. Examine the national minimum requirements and responsibilities for appraisers.
  15. Explain the major activities and occupations in real estate.
  16. Complete a listing agreement.
  17. Explain the exemptions from real estate license requirements for residential and non-residential property management.
  18. Describe the concepts involved in the topic area.

Program Prerequisites

Program prerequisites
Course #Course TitleCredits
Credits:0
None

Required Courses

Required courses
Course #Course TitleCredits
Credits:39.5
CIS105Survey of Computer Information Systems3
 
PSY230Introduction to Statistics (3) AND
PSY231Laboratory for Statistics (1)4
 
REA270Basic Appraisal Principles2
REA271Basic Appraisal Procedures2
REA272Uniform Standards of Professional Appraisal Practice (USPAP)1
REA273Residential Market Analysis Highest and Best Use1
REA274Residential Appraiser Site Valuation and Cost Approach1
REA275Residential Sales Comparison and Income Approaches2
REA276AAResidential Report Writing and Case Studies I1
REA281Principles of Real Estate Law3
REA282Real Estate Finance3
OAS108Business English3
MKT271Principles of Marketing3
REA150Supervisory Appraiser/Trainee Appraiser1
REA179Real Estate Principles I3
REA180Real Estate Principles II3
REA283Property Management3
REA290AHReal Estate Seminar: Contract Writing0.5

General Education Requirements

General education requirements
General Education RequirementCredits: 22-27
 
General Education CoreCredits: 12-17
 
First-Year CompositionCredits: 6
Any approved general education course from First Year Composition area6
 
Oral CommunicationCredits: 3
Any approved general education course from the Oral Communication area3
 
Critical ReadingCredits: 0-3
CRE101College Critical Reading and Critical Thinking (3) OR
Equivalent as indicated by assessment0-3
 
MathematicsCredits: 3-5
Any approved general education course from the Mathematics area3-5
 
General Education DistributionCredits: 10
 
Humanities and Fine ArtsCredits: 3
Any approved general education course from the Humanities, Arts and Design area3
 
Social and Behavioral SciencesCredits: 3
ECN211Macroeconomic Principles (3) OR
ECN212Microeconomic Principles (3)3
 
Natural SciencesCredits: 4
Any approved general education course from the Natural Sciences area4

Meet with an Advisor

Become a Student

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

Disclaimer

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).

Major: 3104
First Term: 2018 Summer
Final Term: 2020 Summer
Award: AAS
Total Credits: 61.5-66.5
CIPS code: 52.1501
SOC codes: 13-2021.02
Initiating College:
Program Availability: - MC
Occupational Area: Marketing, Sales, and Service
Instructional Council:
GPA:
Last Updated: 02/25/2020