[RESERVED SEATS: A set number of seats are reserved for majors or minors that require this course.] Explores the theories and practices of real estate with emphasis on the "why" and "how" of buying, financing, owning and selling real estate. Real estate brokerage, property management, mortgage finance, appraisal, investment and development are examined within a legal, economic and social context. Open to non-majors. Prerequisites: None
[RESERVED SEATS: A set number of seats are reserved for majors or minors that require this course.] Explores the theories and practices of real estate with emphasis on the "why" and "how" of buying, financing, owning and selling real estate. Real estate brokerage, property management, mortgage finance, appraisal, investment and development are examined within a legal, economic and social context. Open to non-majors. Prerequisites: None
Owner, management and tenant relations within context budgeting, marketing and management planning is examined. Management for multi-family, office, retail and industrial property differentiated. Entrepreneurial roles of managers for finding tenants and conducting lease negotiations is explored. Prerequisites: REAL 200; DASC 120 or STAT 220 or DASC 112 or STAT 201 (may be taken concurrently); MATH 101 or 109 or 111 or 113 (may be taken concurrently); and Sophomore standing.
Valuation of residential and commercial real estate using the cost, market and income approaches to value. Professional ethics and standards of professional appraisal practice explored. Professional quality narrative appraisal with comparable sales, depreciated cost and discounted cash flow analysis required. Prerequisites: REAL 200; FINC 311 or FINC 321; CISC 200; MATH 101 or 109 or 111 or 113; and Sophomore standing.
Capstone course integrating all functional areas of real estate for production of housing, commercial and industrial real estate. Use of market research, feasibility studies and market analysis in contract negotiation for project construction, marketing and management. Prerequisites: REAL 380, BLAW 304, Sophomore standing, and 80 completed credits.