Learn more about the Real Estate & Real Estate Appraisal program.
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The Associate in Applied Science (AAS) in 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.
Important information you’ll need when applying to MCC:
- Academic Career
- Degree/Certificate Type
- Career and Technical Associate Degree
- Academic Plan
- Licensed Residential Appraiser (AAS)
- Academic Plan Code
- Total Credits Required
- Catalog Year
What You’ll Learn
This pathway map will help you gain the expertise needed to:
- Explain the nature, importance, and purposes of residential real estate appraisal.
- Collect, analyze, and interpret data in preparation for completing a URAR form.
- Communicate effectively orally and in writing with a diverse audience.
- Employ ethical practices and standards according to the Uniform Standards of Professional Appraisal Practice (USPAP).
- Demonstrate a proficiency in all three approaches to value: Cost approach, income approach, and data approach.
- Write a form appraisal report using all the three approaches to value, site analysis, economic analysis, and reconciliation.
- Describe both social and economic determinant of value.
- Examine case studies related to the appraisal process.
Successful completion of the Licensed Residential Appraiser program may lead to employment in a variety of different occupations and industries. Below are examples of related occupations with associated Maricopa County-based annual median wages* for this program. You can click on any occupation to view the detail regarding education level, wages, and employment information.
Real Estate Appraisers
Course Sequence by Term
The following is the suggested course sequence by term. Please keep in mind:
- The course sequence is laid out by suggested term and may be affected when students enter the program at different times of the year.
- Initial course placement is determined by placement tests and completion of 100-200 level course pre-/corequisites and program prerequisites.
- Students may be required to successfully complete a College Success Course (CPD150 or CPD/AAA115) within the first two semesters at a MCCCD College. See an academic, program, or faculty advisor for details.
- Students should meet with an academic advisor about any concerns that may affect course enrollment.
Full-time status is 12 credits to 18 credits per semester.
|First-Year Composition or First-Year Composition for ESL||Prerequisites: Appropriate writing placement or a grade of C or better in ENG091 or ESL097. or Prerequisites: Appropriate writing placement, or a grade of C or better in ENG091 or ESL097.||FYC||3|
|REA270||Basic Appraisal Principles||2|
|REA271||Basic Appraisal Procedures||Prerequisites: A grade of C or better in REA270 or permission of Instructor.||2|
|REA272||Uniform Standards of Professional Appraisal Practice (USPAP)||1|
|REA150||Supervisory Appraiser/Appraiser Trainee||1|
|CIS105||Survey of Computer Information Systems||CS||3|
|Strategies for College Success or Creating College Success||3|
|CRE101||College Critical Reading and Critical Thinking||Prerequisites: (A grade of C or better in ENG101 or ENG107) and (appropriate reading placement test score or a grade of C or better in RDG095 or RDG100 or RDG111 or RDG112 or RDG113 or permission of Instructor).||L||0–3|
|First-Year Composition or First-Year Composition for ESL||Prerequisites: Grade of C or better in ENG101. or Prerequisites: Grade of C or better in ENG107.||FYC||3|
|REA273||Residential Market Analysis Highest And Best Use||1|
|REA274||Residential Appraiser Site Valuation And Cost Approach||1|
|COM||Any approved General Education course in the Oral Communications area||COM||3|
|REA275||Residential Sales Comparison and Income Approaches||2|
|REA276AA||Residential Report Writing And Case Studies I||1|
|REA283||Property Management||Prerequisites: A grade of C or better in REA179 or permission of Instructor.||3|
|HU||Humanities, Fine Arts, and Design||3|
|Introduction to Statistics or Laboratory for Statistics||Prerequisites: (A grade of "C" or better in PSY101 and MAT092 or higher MAT course) or (a grade of "C" or better in PSY101 and eligibility for MAT112 or higher as indicated by appropriate mathematics placement test score) or permission of Instructor. or Corequisites: PSY230.||CS||1–3|
|REA179||Real Estate Principles I||3|
|REA281||Principles Of Real Estate Law||Prerequisites: A grade of C or better in REA179 or permission of Department or Division.||3|
|REA180||Real Estate Principles II||Prerequisites: A grade of C or better in REA179 or permission of Instructor.||3|
|REA290AH||Real Estate Seminar: Contract Writing||0.5|
|Macroeconomic Principles or Microeconomic Principles||SB||3|
|MKT271||Principles of Marketing||3|
|REA282||Real Estate Finance||Prerequisites: A grade of C or better in REA179 or permission of Instructor.||3|
Ready to get started?
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Program Area Key
Students must earn a grade of "C" or better for all courses required within the program.
Course Sequence total credits may differ from the program information located on the MCCCD curriculum website due to program and system design.
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 Licensed Residential Appraiser (http://aztransmac2.asu.edu/cgi-bin/WebObjects/MCCCD.woa/wa/freeForm3?id=139370).
The pathway map presented above is for the current catalog year and is the intended pathway map for new students. Other versions of this pathway map from different catalog years are available below:
|Catalog Year||Effective Dates|
|2018-2019||5/29/2018 – 5/27/2019|