Click Video Introduction to RES 180

S YL L A B U S

RES 180.DL Basic Appraisal Principles
Fall Quarter 2013 Fully Online Course / Professor: Graham Albertini, SRA
On Campus Office: N/A
ANGEL Login for class: / Message Phone: 206 747-4336
http://angel.northseattle.edu/
ANGEL Tech Support: Student Quick-Start Guide to ANGEL
http://www.virtualcollege.org/resource and
http://webshares.northseattle.edu/elearning/ANGELlms/Student/ or phone-206-934-3738 or / Business (BEIT) Division: 206 934-3730

Email:

Professor’s Web Page: https://people.northseattle.edu/users/galberti
Campus Web site: http://www.northseattle.edu
email-

COURSE DESCRIPTION: This introductory appraisal course provides an overview of real property concepts and characteristics, legal consideration, value influences, real estate finance, types of value, economic principles, real estate markets and analysis, and ethics in appraisal practice. Thorough discussion of appraisal principles, accompanied by practical examples provides a solid foundation in appraisal basics. A calculator is recommended. 3 credits (30 clock hours)

LEARNING OBJECTIVES:

Upon completion of this course, students should be able to

1.  Demonstrate a basic knowledge of real property concepts and appraisal principles.

2.  Demonstrate a basic understanding of value influences and types of value.

3.  Demonstrate a basic understanding of real estate legal considerations and real estate finance.

4.  Demonstrate a general understanding of real estate markets, analysis, and ethics in practice.

NSCC ESSENTIAL LEARNING OUTCOMES MET BY COURSE:

Knowledge, including:

1. Facts, theories, perspectives, and methodologies

Intellectual and Practical Skills, including:

1. Critical thinking and problem solving

2. Communication

3. Quantitative and qualitative Reasoning

REQUIRED TEXTBOOK: Basic Appraisal Principles, 2nd Edition by Hondros Learning, (2011), available in the bookstore. ISBN:978-1-59844-174-1. Please go to the NSCC Bookstore site for online purchases and more information at North Seattle Book Store.

RECOMMENDED MATERIALS: The Language of Real Estate Appraisal, by Jeffrey Fisher, Robert Martin, & Paige Mosbaugh, (1991), available in the bookstore. NOT required.

READ BEFORE QUARTER STARTS:

Introduction to RES 180.DL Virtual Campus Site: http://www.virtualcollege.org/course/registered_pages/b342/9470.htm

Getting Started and FAQ’s: Getting Started and FAQs

Discussion Guidelines: Discussion Scoring Guidelines

Getting Started in ANGEL Video: Getting_Started_with_ANGEL.mp4

STUDENT HANDBOOK FOR ANGEL: Click Student Quick-Start Guide to ANGEL for a PDF document that explain all aspects of using ANGEL for this class. If you need the free PDF reader, you can download it at http://www.adobe.com/products/reader/.

DETAILS ABOUT CLASS IN ANGEL AND COMPUTER REQUIREMENTS: Click and read Getting Started and FAQs

ANGEL LEARNING MANAGEMENT SYSTEM: Learn more and receive support with this distance learning/e-Learning course system called ANGEL at http://www.virtualcollege.org/resource and http://webshares.northseattle.edu/elearning/ANGELlms/Student/

REQUIRED WEB ACCESS: Access to a computer and the internet are required for this course. Schedule regular time to use NSCC campus computer lab, library computer, and/or have access at home. Use Firefox or Internet Explorer 7 or Internet Explorer 8 set to “compatibility” view for the best access and homework submissions.

CLASS SCHEDULE: Read how assignments are organized in the syllabus.Note that some weeks have more chapters to read and more quizzes than other weeks so plan your schedule accordingly. All assignments are due by midnight at the end of their due date. To view assignments: CLICK HERE.

EMAIL: Email exchanges require less than 48 hours responses between students, students and faculty. Class has a built-in email system so you don’t need to use personal email boxes. All personal exchanges between professor and student and between students can be handled in this internal email system. Messages can only be read by the recipient of the email and therefore are private. A list of potential recipients appears when you compose a message so you do not have to keep track of who is part of the class. Documents can be easily attached to emails. Please view this short video how to use ANGEL email by clicking HERE. Please read the Student Quick-Start Guide to ANGEL in order to gain an understanding of all the options available for receiving and sending class messages. For example, class messages can be forwarded to personal email boxes.

DISCUSSION POSTS: Please refer to the Discussion Guidelines and Scoring Requirements specified in Angel.

GRADING SYSTEM: Based on the following:

·  Weekly Discussion Posts and Replies worth 14 points each week worth a total of 112 points (10% of your grade)

·  Twelve open book quizzes worth 10 - 25 points for a total of 149 points with multiple choice questions (15% of your grade)

·  One open book mid-term exam worth 25 points or 25% of your grade

·  Final exam (proctored & timed) is worth 50 points or 50% of your grade

·  Extra Credit options

·  See grading chart below

DETERMINING STUDENTS GRADES: Check your grades anytime by clicking on the My Grades link on the RES 180DL Course Home Page in the “About This Section” nugget or by opening the Lessons Tab at the top of the Course Page and then click on the Grades link/folder.

LATE ASSIGNMENTS: Assignments, Extra Credit, and Quizzes are due on or before the stated date by midnight Pacific Time (PT). Any assignments turned in after the scheduled time will be discounted by 10% and are due no later than November 25, 2013 by midnight Pacific Time (PT). (Trouble with your computer or internet provider is the current equivalent of "the dog ate my homework" and will not excuse you from late work penalties.) Students may turn in assignments or take quizzes prior to the scheduled times. No credit will be earned for past due Discussion Forum posts or replies since that doesn’t allow other students to read nor reply.

ACCESS QUARTER GRADES: Retrieve your end of quarter grades about a week after the last day of the quarter online: https://sccdweb.sccd.ctc.edu/nscckiosk/waci002.html.

EXTRA CREDIT: Extra credit projects can be submitted in the Extra Credit Opportunities folder on the Lessons tab. All extra credit projects are due on or before November 25, 2013 by midnight PT. It is recommended that you complete and submit extra credit projects early in the quarter. You may choose any of these options for 10 points each. No more than 5 will be accepted (maximum 50 points). Below is a summary of the extra credit projects:

Watch Fannie Mae Webinars

Complete and Describe Community Service

Interview a Certified Real Estate Appraiser and document the interview

Visit an open house and interview the listing Broker

CRITERIA FOR CLASS PARTICIPATION: Contribute ideas, interact with peers and professor, engage in class activities, maintain attention on class work, and complete reading and assignments.

POLICY ON COURSE WITHDRAWAL: Official withdrawal during the quarter is the responsibility of the student.

CLASSROOM CONDUCT: Students are expected to comply with NSCC student conduct policy and procedures. Information on student responsibilities and rights is available at the following website: http://www.seattlecolleges.com/DISTRICT/currentstudents/studentrulescs.aspx.

ACADEMIC HONESTY: Academic honesty is highly valued at NSCC. A student must always submit work that represents his/her original words or ideas. Plagiarism is not tolerated and will be punished!!

ACADEMIC DISHONESTY COULD INVOLVE:

1. Having a tutor or friend complete a portion of your assignment.

2. Having a reviewer make extensive revisions to an assignment.

3. Copying work submitted by another student or from the internet.

4. Using information from online information services or other resources without proper citation.

5. Taking exam answers from another student’s paper.

6. Using materials not allowed for answering exam questions.

7. Copying excerpts from your resources without using quotations and using it as your own writing.

CLASSROOM DIVERSITY STATEMENT: Respect for diversity is a core value of NSCC. Our college community fosters an optimal learning climate and an environment of mutual respect. We, the college community, recognize individual differences. Therefore, we are responsible for the content and tone of our statements and are empathetic speakers and listeners.

RESPECTFUL AND INCLUSIVE ENVIRONMENT: The instructor and student share the responsibility to foster a learning environment that is welcoming, supportive, and respectful of cultural and individual differences. This allows for the expression of varied opinions and multicultural perspectives and encourages us to learn from each other.

ATTENDANCE: Students, who anticipate absence from class sessions and the internet, are encouraged to email the professor in advance prior to the absence.

ACCOMMODATIONS: In my commitment to student learning, I want to support all students. If you have a disability that will affect your performance in this class please let me know. Students with disabilities are encouraged to use disability services for support in implementing reasonable accommodations for their disabilities. For Academic Accommodations or to contact our NSCC Campus Disability Services please click https://northseattle.edu/disability-services.

FREE STUDENT SUPPORT SERVICES:

REAL ESTATE TUTOR- Carol Greenough - – email for on campus appointments

Students are encouraged to seek free campus support services when necessary to support their learning and academic progress. Refer to college website, www.northseattle.edu for information about:

Educational Access Office (accommodations for physical, learning, test taking challenges, etc.)

Tutoring Services Library LOFT Writing Center Plus Counseling

Women’s Center Veterans’ Affairs Office SIM-PC Media Support Wellness Center

Worker Retraining Program Financial Aid Services Disability Services

ADDITIONAL NSCC ONLINE SUPPORT SERVICES AND INFORMATION:

Create a new NSCC NetID and email account: https://netid.northseattle.edu/create.php

Bookstore-Buy and sell textbooks on-line: http://northscc.bncollege.com

NSCC Library: https://library.northseattle.edu/

Real Estate Librarian: Wadiyah Nelson, 206 934-7719,

Worker Retraining Program: https://northseattle.edu/workforce-education/worker-retraining?search_standing=1
Financial Aid Services: http://www.northseattle.edu/enroll/finance/

Search Current Scholarships and leads to donors’ links: http://www.northseattle.edu/enroll/finance/scholar

Real Estate Advisor: Peggy Itschner, 206 934 7305, M-F 8:30-4:30,

WorkSource North Seattle: Meredith Bane, Employment Specialist (206) 934-6049, , www.worksourceskc.org

Career Services Lab: CC1354B, 206 934-3685,

Campus Disability Services: https://northseattle.edu/disability-services

DIRECTIONS TO ACCESS THE ACTUAL WASHINGTON STATE RCW’S AND WAC’S ONLINE:

The Revised Code of Washington (RCW) and the Washington Administrative Code (WAC)

are the laws, rules, and regulations of Washington State.

·  The Law Relating to Licensing of Real Estate Brokers and Managing Brokers and related laws: http://www.dol.wa.gov/business/realestate/lawsrules.html

·  The Revised Code of Washington (RCW) is the compilation of all permanent laws now in force. It is a collection of Session Laws (enacted by the Legislature, and signed by the Governor, or enacted via the initiative process), arranged by topic: http://apps.leg.wa.gov/rcw/

NEW RULES FOR REAL ESTATE APPRAISER LICENSING/CERTIFICATION REQUIREMENTS:

·  Washington State Department of Licensing Real Estate Home Page: http://www.dol.wa.gov/business/realestate/index.html

·  As of JANUARY 1, 2008 WA State requires all persons wanting to become a certified residential appraiser to have at least a 2 year AA degree and anyone wanting to become a generally certified appraiser must have a 4 year college degree. As of January 1, 2015 a four year degree will be required to become a certified residential appraiser.

·  There are now four categories of real estate appraisers; registered trainee, licensed residential, certified residential, and certified general.

WEB SITE TO THE WASHINGTON REAL ESTATE APPRAISER EXAM INFORMATION AND HANDBOOK:

http://www.goamp.com/candidatehome/examination.aspx?p_category=REAL%20ESTATE&p_client_code=WAREP&p_exam_id=21311

APPRAISAL RELATED WEBSITES:

·  www.appraisalfoundation.org (Appraisal Foundation)

·  www.ai-seattle.org (Seattle Chapter Appraisal Institute)

·  www.asc.gov (Appraisal Subcommittee)

·  www.appraisalinstitute.org (National A-I) Largest Professional Appraisal Society

·  http://www.dol.wa.gov/business/appraisers/ Washington State Appraisal Licensing

·  www.appraisalport.com Website portal to upload appraisal reports

·  www.zillow.com (AVM) Free automated valuation model

·  www.efanniemae.com Fannie Mae website with appraisal rules.

OPT OUT: Opt out of junk mail, calls from telemarketers on land and cell phones, and credit bureaus selling your info:

·  Call Credit Industry Opt Out at 1888 567-8688 to opt out of pre-approved credit cards and insurance offers

·  Call National Do Not Call at 1 888 382-1222 to opt out of telemarketers on land and cell phones by calling from your opt out number

·  The following website gets you on the National Do Not Call Registry: https://www.donotcall.gov/default.aspx

ACCESSING FREE ANNUAL CREDIT REPORTS: http://www.annualcreditreport.com

HELPFUL WEB SITES FROM THE NSCC COUNSELING CENTER (206 527-3676)

·  Taking Multiple Choice Exams: http://www.coun.uvic.ca/learning/exams/multiple-choice.html

·  Tactics for Managing Stress and Anxiety: http://www.coun.uvic.ca/personal/stress-anxiety.html

Note: Due to the varying nature of the class environment, this syllabus is subject to change. Any changes will be announced through ANGEL or on the class website.

Technical Tips:
Key Strokes for PC users:
Keyboard Shortcut = Action

Ctrl + A = Select All

Ctrl + C = Copy

Ctrl + V = Paste

Ctrl + X = Cut

Ctrl + Z = Undo

Ctrl +B = Make Letters Bold

Ctrl + I = Make Letters Italic

F5 = Refresh Screen (press single key at top of key board)

Adapted from the syllabi developed by Nancy JG Adelson, Real Estate Coordinator and Tenured Professor, North Seattle Community College

by Graham Albertini, North Seattle Community College

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