Real Estate Appraisal

Catalog description

This course provides students with a foundational understanding of real estate appraisal principles and practices. Students will learn the fundamental concepts of value, the three approaches to appraisal (sales comparison, cost, and income), and the factors that influence property values in the Ohio market. Emphasis will be placed on understanding the appraisal process, interpreting appraisal reports, and recognizing the role of appraisals in real estate transactions. This course fulfills the real estate appraisal pre-licensure education requirements for the Ohio real estate salesperson license exam.