6 courses with the subject REA, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
REA 101Intro Real Est App R-1 2 0 02
Prerequisites: This course introduces the entire valuation process, with specific coverage of residential neighborhood and property analysis. Topics include basic real property· law, concepts of value and operation of real estate markets, mathematical and statistical concepts, finance, and· residential construction/design. Upon completion, students should be able to demonstrate adequate preparation for REA 102. This course is required for the Real Estate Appraisql certificate.
This course introduces procedures used to develop an estimate of value and how the various principles of value relate to the application of such procedures. Topics include the sales comparison approach, site valuation, sales comparison, the cost approach, the income approach, and reconciliation. Upon completion, students should be able to complete the Uniform Residential Appraisal Report (URAR). This course is required for the Real Estate Appraisal certificate. 184
This course covers the laws and standards practiced by appraisers in the appraisal of residential 1-4 unit properties and small farms. Topics include Financial Institutions Reform and Recovery Enforcement Act (FIRREA), Uniform Standards of Professional Appraisal Practice (USPAP), and North Carolina statutes and rules. Upon completion, students should be able to demonstrate eligibility to sit for the NC Appraisal Board license trainee examination and to enroll in REA 201. This course is required/or the Real Estate Appraisal certificate.
This course introduces concepts and techniques used to appraise real estate income properties. Topics include real estate market analysis, property analysis and site valuation, how to use fmancial calculators, present value, NOI, and before-tax cash flow. Upon completion, students should be able to estimate income property values. using direct capitalization and to sit for the NC Certified Residential Appraiser examinatiOn. This course is requiredfor the Real Estate Appraisal certificate.
This course expands .direct capitalization techniques and introduces yield capitalization. Topics include yield rates, discounted.cash flow, financial leverage, and traditional yield t·. capitalization formulas. Upon completion, students should be able to estimate-the value of income producing property using yield capitalization techniques. This course is requiredfor the Real Estate Appraisal certificate. 185
This course covers the laws, rules, and standards pertaining to the principles and practice applicable to the appraisal of income properties. Topics include FIRREA, USPAP, Unifonn Commercial and Industrial Appraisal Report (UCIAR) fonn, North Carolina statutes and rules, and case studies. Upon completion, students should be able to prepare a narrative report that conforms to the USPAP and sit for the NC Certified General Appraisal examination. This course is requiredfor the Real Estate Appraisal Certificate. REL 110 World Religions 3 0 0 3 Prerequisites: This course introduces the world's major religious traditions. Topics include Primal religions, Hinduism, Buddhism, Islam, Judaism, and Christianity. Upon completion, students should be able to identify the origins, history, beliefs, and practices of the religions studied. This course has been approved to satisfy. the Comprehensive Articulation Agreement general education core requirement in humanities/fine arts. RED 070 Essential Reading Skills 3 2 0 4 Prerequisites: This course is designed for those with limited reading skills. Emphasis is placed on basic word attack skills, vocabulary, transitional words, paragraph organization, basic comprehension skills, and learning strategies. Upon completion, students should be able to demonstrate competence in the skills required for RED 080. This course does not satisfY the developmental reading prerequisite for ENG 111 or ENG 11 lA.
