LICENSED RESIDENTIAL APPRAISER CERTIFICATE

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1 ~North Seattle CommunityCollege~~~~~~~~~~~~~~~~~~~~~~~~~~ Business, Engineering & Information Technologies Division Effective Spring 2009 LICENSED RESIDENTIAL APPRAISER CERTIFICATE Program 275N COURSE Lecture Other Credit NUMBER REQUIRED COURSES RES 100 Real Estate Fundamentals RES 101 Technology for Real Estate RES 106 Real Estate Fraud RES 125* Applications of Real Estate Math RES 180 Basic Appraisal Principles 3 RES 183 Basic Appraisal Procedures 3 Residential Market Analysis and Highest and RES 184 Best Use Residential Appraiser Site Valuation and Cost RES 185 Approach Residential Sales Comparison and Income RES 186 Approaches 3 RES 187 Residential Report Writing RES 220 Real Estate Economics 3 RES 235 Sales and Marketing 3 RES 281 National USPAP Course TOTAL CREDITS FOR CERTIFICATE 34 'Students may challenge RES 125, Applications of Real Estate Math, by passing the RES 125 challenge test Suggested Sequence: 1st Quarter: RES 100, RES 106, RES 125, RES 180 2nd Quarter: RES 101, RES 183, RES 220, RES 235 3rd Quarter: RES 184, RES 185, RES 186, RES 187, RES 281 There are four real estate appraiser classifications. They are: State Registered Appraiser Trainee, Licensed Residential Appraiser, Certified Residential Appraiser, and Certified General Appraiser. Real Estate Trainee can appraise those properties that the supervising appraiser is permitted to appraise. State-Licensed Real Estate Appraiser can appraise noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units having a transaction value less than two hundred fifty thousand dollars and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified Residential Real Estate Appraiser can appraise all types of residential property of one to four units without regard to transaction value or complexity and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified General Real Estate Appraiser can appraise all types of real property including commercial property. Real Estate Appraiser Trainee classification requirements: To qualify for registry as a Real Estate Appraiser Trainee after April 1, 2006, you must:

2 Licensed Residential Appraiser Certificate Page 2 1. Successfully complete a total of 75 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising (RES 180), 15 hours of advanced principles of real estate appraising (RES 183) and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice (RES 281). The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. 2. Apply for registration with the state as a real estate appraiser trainee at the following web address: State-Licensed Real Estate Appraiser classification r~quirements: To qualify for examination for state-licensed real estate appraiser prior to January 1, 2008, you must: 1. Register with the state as a real estate appraiser trainee at the following web address: 2. Successfully complete a total of 90 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 150 hours in core courses: RES 180,183,184,185,186,187, and RES Possess 2000 hours of real estate appraiser experience acquired over no less than 12 months. State-Certified Residential Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must: 1. Complete studies to earn an Associates degree or higher. 2. Register with the state as a real estate appraiser trainee at the following web address: 3. Successfully complete a total of 120 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 200 hours in core courses: RES 180, 183, 184, 185, 186,187, 188, 189,281 and 20 hours of appraisal electives. 4. Possess 2500 hours of continuous appraisal experience over no less than 24 months. State-Certified General Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must have completed a Bachelors degree or hi~her in a.ny field, or, in lieu of the required degree, 30 semester credit hours covering t~e following subject matter courses: English Composition, Principles of Econo~ics (Macro or MICro); Finance; Algebra, Geometry o~ higher mathematics, Statistics; Introduction to computers; Word Processlng/ Spreadsheets,

3 Licensed Residential Appraiser Certificate Page 3 Business or Real Estate Law; and two elective courses in accounting, geography, agricultural economics, business management or real estate. 1. Successfully complete a total of 180 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of November 1, 2007, the required number of classroom hours is 300 in the following core modules: RES 180, 183, 186, 187, 188, 189,281 and appraisal electives (30 hours). 2. Possess 3000 hours of continuous appraisal experience over no less than 24 months; at least 1500 of those hours must be nonresidential experience. Note: Most employers require appraisers to be able to quickly learn and use industry-specific computer software. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information, check out our website at For a list of Social Science, Humanities or Science courses "generally accepted in the transfer list" by other institutions in Washington, see This will vary by field of study in the degree. Revised NJGA

4 NORTH SEATTLE COMMUNITY COLLEGE_=---:--_-=- Business, Engineering, and Information Technologies Division Real Estate Department Effective Spring 2009 _ Certified Residential Appraiser Certificate Program Code: 2750 Program Planning Sheet (Scope & Sequence) Learning Outcomes: Demonstrate knowledge of real estate law and economics affecting the Puget Sound Region Perform valuations of residential and investment properties. Use technology to support Real Estate related research, analysis, reporting, and marketing activities. Practice according to the ethical and legal standards of the Real Estate and Real Estate appraisal industries. Participate in on-going learning activities that contribute to personal and professional growth and the improvement of the Real Estate and Real Estate appraisal industries. Communicate effectively in Real Estate environment. Develop and nurture a professional Real Estate network. COURSE NUMBER ENG 101 Or ENG 104 MAT 107 Or MAT 116 BUS 140 COURSE NUMBER BUS 210 RES 100 RES 101 RES 106 RES 125* RES 130 RES 141 RES 142 RES 150 RES 165 Or RES 166 Or RES 260 RES 170 RES 180 RES 183 RES 184 GENERAL EDUCATION/RELATED INSTRUCTION REQUIREMENTS (15 CREDITS) Composition Or Advanced English Grammar Math for Liberal Arts Or Applications of Mathematics to Management, Life and Social Sciences Customer Relations DEGREE/CERTIFICATE REQUIREMENTS ( CREDITS) Business and Economic Statistics Real Estate Fundamentals Technoloqy for Real Estate Real Estate Fraud Application of Real Estate Math Green Real Estate Land Use Principles and Practice Inspecting the Condition of Real Estate Residential Sales and Leasing Documentation Real Estate Loan Originator (3 Credits) Or Real Estate Loan Processor (4 Credits) Or Real Estate Finance - Commercial (2 Credits) Real Estate Law Basic Appraisal Principles Basic Appraisal Procedures Residential Market Analysis & Hiqhest and Best Use Lecture Lab Credit Lecture Lab Credit

5 RES 185 Residential Appraiser Site Valuation and Cost Approach RES 186 Residential Sales Comparison and Income Approaches 33 3 RES 187 Residential Report Writing RES 188 Statistics, Modeling, and Finance RES 189 Advanced Residential Applications RES 220 Real Estate Economics 33 3 RES 235 Sales and IVlarketinQ 33 3 RES 281 National USPAP Course 16.5' 1.5 TOTAL CREDITS FOR DEGREE I I * Students may challenge RES 125, Applications of Real Estate Math, by passing the RES 125 challenge test. Suggested Sequence: 1 51 Quarter: RES 100, RES 101, RES 125, RES 130, RES nd Quarter: RES 106, RES 165 or RES 166 or RES 260, RES 170, RES 183, MAT 107 or MAT rd Quarter: RES 184, RES 185, RES 186, RES 220, ENG 101 or ENG th Quarter RES 187, RES 188, RES 189, RES 281, RES 235, BUS 210 There are four real estate appraiser classifications. They are: State Registered Appraiser Trainee, Licensed Residential Appraiser, Certified Residential Appraiser, and Certified General Appraiser. Real Estate Trainee can appraise those properties that the supervising appraiser is permitted to appraise. State-Licensed Real Estate Appraiser can appraise noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units having a transaction value less than two hundred fifty thousand dollars and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified Residential Real Estate Appraiser can appraise all types of residential property of one to four units without regard to transaction value or complexity and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified General Real Estate Appraiser can appraise all types of real property including commercial property. Real Estate Appraiser Trainee classification requirements: To qualify for registry as a Real Estate Appraiser Trainee after April 1, 2006, you must: 1. Successfully complete a total of 75 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising (RES 180), 15 hours of advanced principles of real estate appraising (RES 183) and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice (RES 281). The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. 2. Apply for registration with the state as a real estate appraiser trainee at the following web address:

6 State-Licensed Real Estate Appraiser classification requirements: To qualify for examination for state-licensed real estate appraiser prior to January 1, 2008, you must: 1. Register with the state as a real estate appraiser trainee at the following web address: 2. Successfully complete a total of 90 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 150 hours in core courses: RES 180, 183, 184, 185, 186, 187, and RES Possess 2000 hours of real estate appraiser experience acquired over no less than 12 months. State-Certified Residential Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must: 1. Complete studies to earn an Associates degree or higher. 2. Register with the state as a real estate appraiser trainee at the following web address: 3. Successfully complete a total of 120 classroom hours of approved real estate appraisal courses, which includes a 30-c1assroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 200 hours in core courses: RES 180, 183, 184, 185, 186,187, 188, 189, 281 and 20 hours of appraisal electives. 4. Possess 2500 hours of continuous appraisal experience over no less than 24 months. State-Certified General Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must have completed a Bachelors degree or higher in any field, or, in lieu of the required degree, 30 semester credit hours covering the following subject matter courses: English Composition, Principles of Economics (Macro or Micro); Finance; Algebra, Geometry or higher mathematics, Statistics; Introduction to computers; Word Processing/ Spreadsheets; Business or Real Estate Law; and two elective courses in accounting, geography, agricultural economics, business management or real estate. 1. Successfully complete a total of 180 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination.

7 As of November 1, 2007, the required number of classroom hours is 300 in the following core modules: RES 180, 183, 186, 187,188,189,281 and appraisal electives (30 hours). 2. Possess 3000 hours of continuous appraisal experience over no less than 24 months; at least 1500 of those hours must be nonresidential experience. Note: Most employers require appraisers to be able to quickly learn and use industry-specific computer software. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information, check out our website at For a list of Social Science, Humanities or Science courses "generally accepted in the transfer list" by other institutions in Washington, see will vary by field of study in the degree NJGA

8 ~North Seattle CommunityCollege~~~~~~~~~~~~~~~~~~~~~~~~~ Business, Engineering & Information Technologies Division Effective Spring 2009 REAL ESTATE APPRAISAL TRAINEE CERTIFICATE Program 275M COURSE Lecture Other Credit NUMBER REQUIRED COURSES RES 100 Real Estate Fundamentals RES 101 Technoloqy for Real Estate RES 106 Real Estate Fraud RES 125* Applications of Real Estate Math RES 180 Basic Appraisal Principles 3 RES 183 Basic Appraisal Procedures 3 RES 281 National USPAP Course TOTAL CREDITS FOR CERTIFICATE 20.5 *Students may challenge RES 125, Math for Real Estate, by passing the RES 125 challenge test. Suggested Sequence: 1st Quarter: RES 100, RES 125, RES 180 2nd Quarter: RES 106, RES 183 3rd Quarter: RES 101, RES 281 There are four real estate appraiser classifications. They are: State Registered Appraiser Trainee, Licensed Residential Appraiser, Certified Residential Appraiser, and Certified General Appraiser. Real Estate Trainee can appraise those properties that the supervising appraiser is permitted to appraise. State-Licensed Real Estate Appraiser can appraise noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units having a transaction value less than two hundred fifty thousand dollars and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified Residential Real Estate Appraiser can appraise all types of residential property of one to four units without regard to transaction value or complexity and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified General Real Estate Appraiser can appraise all types of real property including commercial property. Real Estate Appraiser Trainee classification requirements: To qualify for registry as a Real Estate Appraiser Trainee after April 1, 2006, you must: 1. Successfully complete a total of 75 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising (RES 180), 15 hours of advanced principles of real estate appraising (RES 183) and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice (RES 281). The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must

9 Real Estate Appraisal Trainee Certificate Page 2 be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. 2. Apply for registration with the state as a real estate appraiser trainee at the following web address: State-Licensed Real Estate Appraiser classification requirements: To qualify for examination for state-licensed real estate appraiser prior to January 1, 2008, you must: 1. Register with the state as a real estate appraiser trainee at the following web address: 2. Successfully complete a total of 90 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 150 hours in core courses: RES 180,183,184,185,186,187, and RES Possess 2000 hours of real estate appraiser experience acquired over no less than 12 months. State-Certified Residential Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must: 1. Complete studies to earn an Associates degree or higher. 2. Register with the state as a real estate appraiser trainee at the following web address: 3. Successfully complete a total of 120 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-c1assroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 200 hours in core courses: RES 180,183,184,185,186,187,188,189,281 and 20 hours of appraisal electives. 4. Possess 2500 hours of continuous appraisal experience over no less than 24 months. State-Certified General Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must have completed a Bachelors degree or higher in any field, or, in lieu of the required degree, 30 semester credit hours covering the following subject matter courses: English Composition, Principles of Economics (Macro or Micro); Finance; Algebra, Geometry or higher mathematics, Statistics; Introduction to computers; Word Processing/ Spreadsheets; Business or Real Estate Law; and two elective courses in accounting, geography, agricultural economics, business management or real estate.

10 Real Estate Appraisal Trainee Certificate Page 3 1. Successfully complete a total of 180 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-c1assroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of November 1, 2007, the required number of classroom hours is 300 in the following core modules: RES 180,183,186,187,188,189,281 and appraisal electives (30 hours). 2. Possess 3000 hours of continuous appraisal experience over no less than 24 months; at least 1500 of those hours must be nonresidential experience. Note: Most employers require appraisers to be able to quickly learn and use industry-specific computer software. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information, check out our website at For a list of Social Science, Humanities or Science courses "generally accepted in the transfer list" by other institutions in Washington, see This will vary by field of study in the degree. Revised NJGA

11 _NORTH SEATTLE COMMUNITY COLLEGE ~-- :: -~_= : : : =_: :_:_ Business, Engineering, & Infonnation TechnOlOgies Division Real Estate Department Effective SpOng 2008 REAL ESTATE Associate of Applied Science Degree Program COde 275A This Program giv8$ students a broad base of knowledge and training in the real estate field. The graduate will be prepared to enter the real estate field in brokerage management, property management, appraisal, reat estate sales, real estate finance, real estate investment, title insurance, commercial real estate, and/or escrow. As the students progress toward their degree, they will also acquire certificate(s) in the real estate specialties of their choice. Technical Specla"," Courses.LeGture Lab Credff COURSE NUMBER REQUIRED COURSES RES 100 Real Estate Fundamentals RES 101 Technology for Real Estate RES 106 Real Estate Fraud or RES 160 Ethics for Loan Originators (11) (1.0) RES 110 Introduction to Commercial Real Estate 33 RES 125* Applications of Real Estate Math or MAT 107 Math for Liberal Arts (55) (5.0) or MAT 116 Applications of Math to Management, Life and Social (55) (5.0) Science RES 130 Green Real Estate 33 RES 140 Real Estate Sales F'ractice 33 or RES 290 Commercial Sales and Leasina (33) () RES 141 Land Use F'lincipals andf'ractice 33 RES 142 Inspecting the Condition of Real Estate 33 RES 150 Residential Sales and LeaSing Documentation RES 165 Real Estate Loan Originator 33 or RES 166 Real Estate Loan F'rocessing (44) (4.0) or RES 260 Real Estate Finance - Commercial (2.0) (2.0) RES 170 Real Estate Law 33 RES 175 Introduction to Title 33 RES 177 Real Estate Taxes RES 180 Basic Appraisal F'linciples RES 190 Real Estate Escrow I RES 201 F'linciples of Real Estate Management 33 or RES 202 Multi-family F'roperty Management (33) () or RES 203 Commercial Property Management (33 () RES 210 Real Estate Investment 33 RES 217 Real Estate Development and Sustainiblity 33 RES 220 Real Estate Economics 33 RES 235 Sales and Marketing 33 i Real Estate Electives I Choose 13 credits from any non required course with RES prefix or CWE or CWE 110 Total CnKllts needed from Real Estate COUI'S8S I.

12 Allied Supporting COUISIS Lecture HOUfS Lab HOUfS Credit HOUfS COURSE NUMBER REQUIRED COURSeS ACC 215 Accounting for Small Business Owners 33 BUS 140 Customer Relations BUS 236 Interpersonal Communications for the Workplace Genentl Education CoulSes Required Credits must be selected from a list of approved global studies or US 5.0 Elective** cultures courses TOTAL CREDITS FOR DEGREE StudantII may challenge RES 125, Real Estate Malh. by passing the RES 125 challenge test and n!ceive 2 CIliIdits... To rulnd distribution for general education, students wid aeiiict 1 0 credits from the approved list of US Cultures and Global Studies. SugGested Sequence for tile Full-Time Student 1&1 Quarter RES 100. RES 125 or MAT 107 or MAT 116. RES 177. RES 180. RES 165 or RES 166 or RES nd Quarter RES 101. RES 140 or RES 290, RES 170, RES 110, RES 220 3rd Quarter RES 106 or 160, RES 190, RES 201 or 202 or 203, RES electives 4th Quarter RES 150. RES 175, RES 217, RES 235, RES electives 5 th Quarter RES 210, RES 141, RES 142, BUS 236. ACC th Quarter RES electives, RES 177. BUS 140, Global Studies or US Culture elective Gen'ral Education and Related Instruction The real estate curriculum contains substantial and coherent general education and related instruction. General education provides the broad, non-specialized portion of the students' education which enables them to acquire knowledge through content and methodology, think critically, formulate values and make decisions, and appreciate and understand their own and other cultures. Course requirements outside the real estate department (i.e. ACC 215 Accounting for Small Business OWners) represents related instruction in support of skills and knowledge necessary in the real estate field. Computation The Computation related instruction requirement is met by ACC 215 and RES 125 and RES 177 or Mat 107 or Mat 116. Communjgtions an(j Human Relations In order to be successful in any aspect of the real estate industry. real estate professionals possess effective communications skills and include the ability to work and interact successfully with their customers/clients. peers, staff, management, and third party service providers. A high value is also placed on the ability to work in a team setting. Consequently, throughout this cuniculum, communication course content and human relations in the work place content (i.e. RES 140 or RES 290, RES 235, BUS 140, and BUS 236) are an important component of this degree. Work Ethic and Leadership Throughout this program of study. the importance of a responsible and professional work ethic is stressed. Factors leading to such a work ethic are identified and discussed. Instruction is also provided in effective leadership and how it enhances the work environment. Input from this program's technical advisory committee is essential to cuniculum content pertaining to the work ethic and leadership as well as the technically oriented curriculum. Safety and Industrial Hygiene Safety and industrial hygiene are included throughout the cuniculum.

13 NORTH SEA rrle COMMUNITY COLLEGE.--:- -::-:--::--_-:---=---:-_~::_:_: : -- Business. Engineering. &Information Technologies Division Real Estate Department Effective Spring 2008 Real Estate AAS Degree Program CoCle: 275A Program Planning Sheet (Scope & Sequence) This Program gives students a broad base of knowledge and training in the real estate field. The graduate will be prepared to enter the real estate field in brokerage management, property management, appraisal, real estate sales, real estate finance, real estate investment. title insurance, commercial real estate, and/or escrow. As the students progress toward their degree, they will also acquire certificate(s) in the real estate specialties of their choice. Learning Outcomes: Use technology to support Real Estate related research, analysis, reporting, and marketing activities. Demonstrate knowledge of real estate law and economics affecting the Puget Sound Region. Practice according to the ethical and legal standards of the Real Estate industry. Participate in on-going learning activities that contribute to personal & professional growth and the improvement of the Real Estate industry. Perform effectively in any of the Real Estate positions identified in the "roles". Communicate effectively in Real Estate environment. I nteract effectively with co-workers and the public. Develop and nurture a professional Real Estate network. COURSE NUMBER BUS 236 RES 125* Or MAT 107 Or MAT116 BUS 140 Choice** COURSE NUMBER GENERAL EDUCATION/RELATED INSTRUCTION REQUIREMENTS (17-20 CREDITS) Interpersonal Communications in the Workplace Applications of Real Estate Math (2 Credit) Or Math for Liberal Arts (5 Credits) Or! Application of Math to Management, Life and Social Sciences ( 5 Credits) Lecture 55, Lab I Credit Customer Relations 55 US Cultures or Global Studies Elective 55 DEGREE /CERTIFICATE Lecture Lab REQUIREMENTS (61-63 CREDITS) I ACC 215 Accounting for Small Business Owners! 33 3 RES 100 Real Estate Fundamentals 55 i 5 RES 101 Technology for Real Estate! Credit

14 RES 106 Real Estate Fraud 11 1 RES 110 Introduction to Commercial Real Estate 33 3 RES 130 Green Real Estate 33 3 RES 140 Real Este Sales and Practice Or Or i 33 3 RES290 Commercial Real Estate Sales and I Leasing Practices RES 141 Land Use Principles and Practice 33 3 RES 142 Inspecting the Condition of Real Estate 33 3 RES 150 Residential Sales and Leasing Documentation RES 165 Real Estate Loan Originator (3 Credits) Or Or RES166 Real Estate Loan Processing (4 Credits) Or Or RES260 Real Estate Finance - Commercial (2 Credits) RES 170 Real Estate Law 33 3 RES 175 I ntroduction to Title 33 3 RES 177 Real Estate Taxes 1.5 RES 180 Basic Appraisal Principles t--4f 3 RES 190 Real Estate Escrow I 33 3 RES 201 Principles of Real Estate Management 33 Or Or RES 202 Multi-family Property Management 3 Or Or I RES 203 Property Management - Commercial I RES 210 Real Estate Investment 33 I 3 RES 217 eal Estate Development and 33 ustainability 3 RES 220 Real Estate Economics 33 3 RES 235 Sales and Marketing 33 3 COLIRSE ELECTIVES Lecture Lab Credit NUMBER (13 CREDITS) Choice Real Estate Electives i TOTAL CREDITS FOR DEGREE I * Students may challenge RES 125, Real Estate Math, by passing the RES 125 challenge test and receive 2 credits..,... To fulfill distribution for general education, students will select 5 credits from the approved list of US Cultures and Global Studies. Suggested Sequence for the Full-Time Student 1 st Quarter RES 100, RES 125 or MAT 107 or MAT 116, RES 180, RES 165 or RES 166 or RES nd Quarter RES 101, RES 140, RES 170, RES 110, RES 177,RES220 3'd Quarter RES 106, RES 190, RES 201 or 202 or 203, RES 217,RES electives 4th Quarter RES 130. RES 150, RES 175, RES 235. RES electives 5 th Quarter RES 210. RES 141, RES 142, BUS 236, ACC th Quarter RES electives, BUS 140, Global Studies or US Culture elective

15 General Education and Related Instruction The real estate curriculum contains substantial and coherent general education and related instruction. Genera! education provides the broad, non-specialized portion of the students' education which enables them to acquire knowledge through content and methodology, think critically. formulate values and make decisions, and appreciate and understand their own and other cultures. Course requirements outside the real estate department (I.e. ACC 215-Accounting for Small Business Owners) represents related instruction in support of skills and knowledge necessary in the real estate field, Computation The Computation related instruction requirement is met by ACC 215 and RES 125 or Mat 107 or Mat 116. Communications and Human Relations: In order to be successful in any aspect of the real estate industry, real estate professionals possess effective communications skills and include the ability to work and interact successfully with their customers/clients, peers, staff, management, and third party service providers. A high value is also placed on the ability to work in a team setting. Consequently, throughout this curriculum, communication course content and human relations in the work place content (I.e. RES 140, RES 235, BUS 140, BUS 236) are an important component of this degree. Work Ethic and Leadership Throughout this program of study, the importance of a responsible and professional work ethic is stressed. Factors leading to such a work ethic are identified and discussed Instruction is also provided in effective leadership and how it enhances the work environment. Input from this program's technical advisory committee is essential to curriculum content pertaining to the work ethic and leadership as well as the technically oriented curriculum. Safety and Industrial Hygiene Safety and industrial hygiene are included throughout the curriculum NJGA

16 _North Seattle Community College, -:-- ~~-~---"""'_----- Business, Engineering & Information Technologies Division Effective Spring 2008 COURSE NUMBER REAL ESTATE PROPERTY MANAGEMENT CERTIFICATE Program 556 REQUIRED COURSES Lecture Lab Credit RES 100 Real Estate Fundamentals RES 101 Technology for Real Estate RES 120 Real Estate Principles of Maintenance & Repair RES 170 Real Estate Law 3 RES 201 or RES 202 or RES 203 Choose two from the following. Principles of Real Estate Management Multi-family Property Management Commercial Property Management 3 (3) (3) RES 220 ilomics 3 Electives Choose any course with the Real Estate prefix of RES 6.0 TOTAL CREDITS FOR CERTIFICATE 26.5 Suggested Sequence: 1st Quarter: RES 100, RES 120, (Choose two from the following: RES 201 or RES 202 or RES 203) 2nd Quarter: RES 170. RES 101, RES 220, Elective Note: Most employers require Property Managers to be able to quickly leam and use industry-specific software and be a licensed real estate sales associate in the State of Washington. Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Infonnation Technologies Division for current infonnation or for more infonnation, check out our website at I.ut Updated: 10-2.(J7 NJGA

17 NORTH SEATILE COMMUNITY COLLEGE:------=~-~- :_:_:. =: : : =_=_:_:_- -- Business, Engineering, and Information Technologies Division Effective Fall 2008 COMMERCIAL REAL ESTATE AND INVESTMENT CERTIFICATE Program 275G Course I lecture credit Number Required Courses I RES 110 Introduction to Commercial Real Estate 3 or RES Commercial Sales and Leasing (3) () 290** RES 125 Applications of Real Estate Math RES 141 Land Use Principles and Practice 3 RES 170 Real Estate Law 3 RES 220 Real Estate Economics 3 RES 217 Real Estate Development and Sustainability 3 RES 260 Real Estate Finance - Commercial RES 295 Commercial Real Estate Investment Analysis Approved Electives Listed Below" 5.0 TOTAL CREDITS FOR CERTIFICATE 26 APPROVED ELECTIVES'. RES 100" Real Estate Fundamentals RES 101 Technology for Real Estate 22 Lab RES 110 Introduction to Commercial Real Estate if not taken as required course 3 RES 130 Green Real Estate 3 RES 140 Real Estate Sales Practice 3 RES 120 Real Estate Principles of Maintenance and Repair RES 142 Inspecting the Condition of Real Estate 3 RES 150 Residential Sales and Leasing Documentation RES 176 Using Tax~Deferred Exchanges to Your Advantage RES 177 Real Estate Taxes RES 178 Buyers Agency RES 180 Basic Appraisal Principles 3 RES 190 Real Estate Escrow 3. RES 200 Seminar in Current Real Estate Issues 55.0 I RES 201 Principles of Real Estate Management 3 RES 202 Multi-family Property Mangagement 3 RES 203 Commercial Property Management 3 RES 210 Residential Property Investments 3 RES 225 Current Trends in Real Estate Market Analysis RES 230 Professional Business Practice of Brokerage Management RES 235 Sales and Marketing 3 RES 280 Commercial Real Estate: Markets and Income 3 RES 290 Commercial Sales and Leasing if not taken as required 3 course RES 298 Special Projects/Internships in R.E CWE 101 Portfolio, Job Search and Interviewing CWE 110 Internship 138 other hours 5.0 * Students are requned to take this elective If ltley have NOT already completed It or do NOT have a real estate license. This course fulfills WA DOL requirement for l S1 real estate license renewal.

18 Suggested Sequence: 1 st quarter: RES 110 or 290, RES 125, RES 141, RES 170, Approved Electives 2nd quarter: RES 295. RES 217, RES 220, RES 260 All of the above courses apply toward the Real Estate Associate of Applied Science Degree. The Department of licensing (DOL) of the State of Washington requires the successful completion of RES100 before taking the real estate sales license exam. Also, DOL requires completion of RES 290 before the first license renewal. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information. check out our website at NJGA

19 NORTH SEATILE COMMUNITY COLLEGE, --~~- = : =:_:_:_ - Business, Engineering, & Information Technologies Division Effective Spring 2008 REAL ESTATE CERTIFICATE Program 275B This certificate program gives a strong basic background in real estate. COURSE NUMBER REQUIRED COURSES Lecture Lab Credit RES 100 Real Estate Fundamentals RES 101 Technology for Real Estate RES 165 or RES 166 or RES 260 Real Estate Loan Originator Real Estate Loan Processing Real Estate Finance - Commercial 3 (44.0) RES 170 Real Estate Law 3 (22) (4.0) (2) Elective- Choose any course with the Real Estate prefix of RES TOTAL CREDITS FOR CERTIFICATE Suggested Sequence; 1 st Quarter: RES 100, RES 101, elective 2nd Quarter: RES 165 or RES 166 or RES 260, RES 170 Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering. & Information Technologies Division for current information or for more information, check our website at Revised NJGA

20 NORTH SEATTLE COMMUNITY COLLEGE -=~--~--~~~ Business, Engineering, and Information Technologies Division Effective Spring 2008 REAL ESTATE BROKERAGE CERTIFICATE Program 275F COLIRSE NUMBER RES 100 RES 106 RES 130 RES 142 or RES 175 RES 150 RES 165 or RES 166 or RES 260 RES 170 RES 190 RES 230 RES 235 Lecture Lab REQUIRED COURSES Real Estate Fundamentals 55.0 Real Estate Fraud 11.0 Green Real Estate 3 Inspecting the Condition of Real Estate 3 Introduction to Title (3) Residential Sales & Leasing 16.5 Documentation Real Estate Loan Originator 3 Real Estate Loan Processing 44.0 Real Estate Finance - Commercial 22.0 Real Estate Law 3 Real Estate Escrow I 3 Professional Business Practices of Brokerage Management 55.0 Sales and Marketing 3 TOTAL CREDITS FOR CERTIFICATE Credit () 1.5 (4.0) (2.0) Suggested Sequence: 1st Quarter: RES 100, RES 170, RES 150, RES 106, RES 130, RES 190 2nd Quarter: RES 165 or RES 166 or RES 260, RES 142 or RES 175, RES 230, RES 235 State of Washington, Department of Licensing, requires successful completion of RES 170, RES 230, and another three-credit course as well as two years' experience as a full-time real estate salesperson before taking the state real estate brokerage license exam. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Information Technologies Division for current information or for more information, check out our website at Last Updated: NJGA

21 _NORTH SEATTLE COMMUNITY COLLEGE, Business, Engineering, and Information Technologies Division Effective Spring 2008 COURSE NUMBER REAL ESTATE ESCROW CERTIFICATE Program 275K REQUIRED COURSES Lecture Lab Credit RES 100 Real Estate Fundamentals RES 106 or RES 160 Real Estate Fraud Ethics for Loan Originators RES 150 Residential Sales & Leasing Documentation RES 170 Real Estate Law 33 RES 175 Introduction to Title 33 RES 190 Real Estate Escrow I 33 RES 195 Real Estate Escrow II {11} 1.0 (1.0) Elective(s) Choose any courses with the Real Estate prefix of RES, orcwe 101 orcwe TOTAL CREDITS FOR CERTIFICATE 25.5 Suggested Sequence: 1st Quarter: RES 100, RES 150, RES 175, RES 190 2nd Quarter: RES 106 or RES 160, RES 170, RES 195, Electives Other program infonnatlon: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the AdviSing Center or Business, Engineering, and Information Technologies Division for current information, check out our website at

22 _NORTH SEATTLE COMMUNITY COLLEGE Business & Engineering Technologies Division Effective Spring 2008 REAL ESTATE LOAN ORIGINATOR CERTIFICATE Program 2751 Lecture COURSE REQUIRED COURSES NUMBER Technical Spec;a~COUIS8S RES 100 f*-eal Estate Fundamentals 55.0 RES 106 eal Estate Fraud 11.0 ires 125* Applications of Real Estate Math 22.0 RES 160 Ethics for Loan Originators 11.0 RES 165 Real Estate Loan Originator 3 RES 180 Basic Appraisal Principles 3 ires 235 Sales and Marketing 3 RES 266 Real Estate Loan Underwriter 3... Electives t=e 3 credits from the approved electives Lab Credit TOTAL CREDITS FOR CERTIRCATE Approved Electives RES 101 Technology for Real Estate RES 110 Introduction to Commercial Real Estate 3 RES 140 Real Estate Sales Practice 3 RES 150 Residential Sales and Leasing 16.5 Documentation RES 166 Real Estate Loan Processing 44.0 RES 170 Real Estate Law 3 RES 175 Introduction to Title 3 RES 177 Real Estate Taxes 16.5 RES 190 Real Estate Escrow 1 3 RES 200 Seminar In Current Real Estate Issues 55.0 RES 210 Real Estate Investments 3 RES 220 Real Estate Economics 3 RES 225 Current Trends in Real Estate Market Analysis 16.5 RES 260 Real Estate Finance - Commercial 22 RES 298 Special Projects - Internship In Real Estate 11.0 F CWE 101 Portfolio, Job Search and Interviewing CWE 110 Internship BUS 236 Interpersonal Communication For The I

23 Students may challenge RES 125, Appticatlons of Real Estate Math by passing the RES 125 chauenge test and receive two credits.

24 Suggested Course Sequence: 1st Quarter: RES 100, RES 106, RES 125, RES 160, RES 165 2nd Quarter: RES 180, RES 235, RES 266, Electives Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Information Technologies Division for current information or for more information, check out our website at Last Updated: 1 0/ (NJGA)

25 _NORTH SEATrLE COMMUNITY COLLEGE.-:----=~ Business, Engineering, and Information Technologies Division Effective Spring 2008 REAL ESTATE LOAN PROCESSOR CERTIFICATE Program 275H I COURSE ' Lecture Other! Credit NUMBER REQUIRED COURSES RES 100 Real Estate Fundamentals RES 106 Real Estate Fraud RES 160 ' Ethics for Loan Originators RES 166 Real Estate Loan Processing I RES 175 Introduction to Title 3! RES 190 Real Estate Escrow 1 3 RES 266 Real Estate Loan Underwriter 3 i Elective Choose 3 credits from the approved electives 3 below TOTAL CREDITS FOR CERTIFICATE 2 1 ***APPROVED ELECTIVES RES 101 Technology for Real Estate 44.0 RES 125* Applications of Real Estate Math 22.0 RES 150 Residential Sales & Leasing Documentation 16.5 RES 165 R~al Estate Loan Originator 3 RES 170 Real Estate Law 3 RES 177 Real Estate Taxes 16.5 RES 180 Basic Appraisal Principles 3 ires 195 Real Estate Escrow II 3 RES 200 Seminar in Current Real Estate Issues 55.0 RES 260 Real Estate Finance - Commercial 22 RES 235 Sales and Marketing 33 I RES 298 Special Projects - Intemship in Real Estate 11.0 ~BUS Interpersonal Communication For The 3 Workplace 55.0 CWE 101 Portfolio, Job Search Interviewing 22.0 CWE 110 Intemship ~ I 1.0~ Students may challenge RES 125, App/icationa of Real Estate Math. by paaalng the RES 125 challenge test and reeemng two credits. ; I Suggested Seguence: 1st Quarter RES 100, RES 106, RES 166, RES 175 2nd Quarter: RES 160, RES 190. RES 266, Electives Note: Most employers require Loan Processors to be able to quickly learn and use industry-specific software. Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Infonnation Technologies Division for current infonnation or for more Infonnation, check our website at

26 _NORTH SEATILE COMMUNITY COLLEGE Business Engineering and Information Technologies Division Effective Spring 2008 REAL ESTATE SALES CERTIFICATE Program 275E COURSE NUMBER REQUIRED COURSES Lecture Lab Credit RES 100 Real Estate Fundamentals RES 106 Real Estate Fraud RES 125* Applications of Real Estate Math RES 140 or RES 290 RES 142 or RES 175 or RES 180 or RES 190 RES 150 Real Estate Sales Practice Commercial Sales and Leasing Inspecting the Condition of Real Estate Introduction to Title Basic Appraisal Principles Real Estate Escrow 1 Residential Sales &Leasing Documentation 3 (3) () RES 165 Real Estate Loan Originator 3 or RES 166 Real Estate Loan Processing 44.0 (4.0) or RES 260 Real Estate Finance - Commercial 22.0 (2.0) RES 170 Real Estate Law 3 TOTAL CREDITS FOR CERTIFICATE Students may challenge RES 125, Applications of Real E8tate Math, by pithing the RES 125 challenge teal. Suggested Sequence: 1 st Quarter: RES 100, RES 106, RES 125, RES 142 or RES 175 or RES 180 or RES 190 2nd Quarter: RES 140 or RES 290, RES 150, RES 165 or RES 166 or RES 260, RES 170 All of the above courses apply toward the Real Estate Associate of Applied Science Degree. Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Information Technologies Division for current information. For more information, check our website at real estate. northseattle. edu. State of Washington, Department of Licensing (DOL), requires successful completion of RES 100 before taking the State Real Estate Sales License Exam. Also, DOL requires completion of RES 140 or RES 290 before the first license renewal.

27 Last Updated: 1()..3..{)7 NJGA

28 NORTH SEATILE COMMUNITY COLLEGE. -:-_~- :_- Business, Engineering, & Information Technologies Division Effective Spring 2008 ADVANCED REAL ESTATE SALES CERTIFICATE Program 275J COURSE Lecture I Other Credit fil!mb_er I REQUIRED COURSES I H~~r~ _Hou~ RES 100 ~Be.~s:~-~te--Fu-n-d-~m-en-ta-ls~-- ~? r _5.0. f-.:r~e==-s~10==-1-=---_----4i_t~e '_c_hn_o lo 'g"'_y_forj3~al ElS't i1e l1b9_1~ ~_ RES 106. ~!3(3al Estate F r=--au=-d.::: '---11~.:.._= RES 125* I of Real Estate Math ~==-~:~--~-L~ --~ RES ~---. RES 140 I Real Estate Sales Practice _or RES 290 _.~ommercial Sales~Q.cj Leasing ~ -+--.~-:.:_~_..; _-.19_:9L RES 142! Inspecting the Condition of Real Estate or RES 175 or RES 180 Introduction to Title I Basic Appraisal Principles or RES ~-~ -_... - Real Estate Escrow 1 -~-~~-.-.,~.---~-- RES 150 I Residential Sales and Leasing lpocurt)~r'1tati~ ~ RES 165 I Real Estate Loan Originator or RES 166! Real Estate Loan Processing _~ RES~60_.J Rea.LEstate Finance -- Comm~Ecial RES 170 I Estate Law 3 (3) (44.0) (2.0) 3 TOTAL CREDITS FOR CERTIFICATE Students may Challenge RES 125. Applications of Real Estate Math, by passing the RES 125 challenge test and receive two credits. Suggested Sequence: () () ~JJL (4.0) (2.0)...-.~ st Quarter: RES 100, RES 101, RES 106, RES 125, RES nd Quarter: RES 140 or RES 290, RES 142 or RES 175 or RES 180 or RES 190, RES 150, RES 165 or RES 166 or RES 260, RES 170 State of Washington, Department of Licensing, requires successful completion of RES 100 before taking the state real estate sales license exam. Also, DOL requires completion of RES 140 or RES 290 before the first license renewal. Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or the Business, Engineering, & Information Technologies Division for current information or for more information, check our website at Updated: NJGA.5

29 Updated: NJGA

30 _NORTH SEATILE COMMUNITY COLLEGE Business, Engineering, & Information Technologies Division Real Estate Department Effective Spring 2008 Appraiser AAS-T Degree Program Code: 2750 Program Planning Sheet(Scope & Sequence) Learning Outcomes:. Demonstrate knowledge of real estate law and economics affecting the Puget Sound Region Perform valuations of residential and investment properties. Use technology to support Real Estate related research, analysis, reporting, and marketing activities. Practice according to the ethical and legal standards of the Real Estate and Real Estate appraisal industries. Participate in on-going learning activities that contribute to personal and professional growth and the improvement of the Real Estate and Real Estate appraisal industries. Communicate effectively in Real Estate environment. Interact effectively with co-workers and the public. Develop and nurture a professional Real Estate network. COURSE GENERAL EDUCATION/RELATED Lecture Lab Credit NUMBER INSTRUCTION REQUIREMENTS (30 CREDITS) ENG 101 Composition 55 5 MAT 107 Math for Liberal Arts Or Or 55 5 MAT116 Applications of Mathematics to Management, Life and Social Sciences BUS 140 Customer Relations 55 5 Choice General Education Elective\J) 55 5 Social Sciences, Humanities, or Science Choice Electives(4) COURSE DEGREE /CERTIFICATE Lecture Lab I Credit NUMBER REQUIREMENTS ( CREDITS) I RES 100 Real Estate Fundamentals 55 5 RES 101 Technoloav for Real Estate RES 106 I Real Estate Fraud 11 1 RES 125* Applications of Real Estate Math 22 2 RES 130 Green Real Estate 33 3 RES 141 Land Use Principles and Practice 33 3 RES 142 I nspecting the Condition of Real Estate 33 3 RES 150 Residential Sales and Leasing Documentation RES 165 Real Estate Loan Originator (3 Credits) Or Or RES166 Real Estate Loan Processing (4 Credits) Or Or RES260 Real Estate Finance - Commercial I (2 Credits) RES 170 Real Estate Law 33 3 RES 180 Basic Appraisal Principles 33 3

31 RES 183 Basic A~~raisal Procedures 33 3 Residential Market Analysis & I RES Highest and Best Use I Residential Appraiser Site Valuation and RES Cost Approach Residential Sales Comparison & Income RES 186 I 33 3 Approaches RES 187 Residential Report Writing RES 188 =Statistics, Modeling and Finance RES 189 I Advanced Residential Applications RES 220 Real Estate Economics i 33 3 RES 235 Sales and Marketing 33 ~-- 3 Appraising Small Residential Income RES 241 I 33 Properties 3 i RES 281 National USPAP Course ACC 215 Accounting for Small Business Owners I 33 I 3 BUS 210 Business and Economic Statistics I 55 I 5 TOTAL CREDITS FOR DEGREE I I * Students may challenge RES 125, Applications of Real Estate Math, by passing the RES 125 challenge test. Suggested Sequence: 1$1 Quarter: RES 100, RES 101, RES 125, RES 180, RES 235 2nd Quarter: RES 106, RES165 or RES 166 or RES 260. RES 170, RES 183, MAT 107 or MAT fd Quarter: RES 184, RES 185, RES186. RES 220. ENG 101 4th Quarter RES 141, RES187. RES 281. RES 188. RES 189, ACC h Quarter RES 130, RES 142. RES 150, RES 241. RES Electives, BUS th Quarter BUS 210, General Education Elective, Social Science, Humanities or Science Electives There are four real estate appraiser classifications. They are: State Registered Appraiser Trainee, Licensed Residential Appraiser, Certified Residential Appraiser. and Certified General Appraiser. Real Estate Trainee can appraise those properties that the supervising appraiser is permitted to appraise. State-Licensed Real Estate Appraiser can appraise noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units having a transaction value less than two hundred fifty thousand dollars and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified Residential Real Estate Appraiser can appraise all types of residential property of one to four units without regard to transaction value or complexity and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified General Real Estate Appraiser can appraise all types of real property including commercial property. Real Estate Appraiser Trainee classification requirements: To qualify for registry as a Real Estate Appraiser Trainee after April 1, 2006, you must 1. Successfully complete a total of 75 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising (RES 180), 15 hours of advanced principles of real estate appraising (RES 183)

32 and a 15 classroom hour COIJrse in the Uniform Standards of Professional Appraisal Practice (RES 261). The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. 2. Apply for registration with the state as a real estate appraiser trainee at the following web address: State-Licensed Real Estate Appraiser classification requirements: To qualify for examination for state-licensed real estate appraiser prior to January 1, 2008, you must: 1. Register with the state as a real estate appraiser trainee at the following web address: 2. Successfully complete a total of 90 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 150 hours in core courses: RES 180, 183, 184, 185, 186, 187, and RES Possess 2000 hours of real estate appraiser experience acquired over no less than 12 months. State-Certified Residential Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must: 1. Complete studies to earn an Associate's degree or higher. 2. Register with the state as a real estate appraiser trainee at the following web address: 3. Successfully complete a total of 120 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1,2007, the required number of classroom hours in core studies is 200 hours in core courses: RES 180,183,184,185,186,187,188,189,281 and 20 hours of appraisal electives. 4. Possess 2500 hours of continuous appraisal experience over no less than 24 months. State-Certified General Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must have completed a Bachelors degree or higher in any field, or, in lieu of the required degree, 30 semester credit hours covering the following subject matter courses: English Composition, Principles of Economics (Macro or Micro); Finance; Algebra, Geometry or higher mathematics, Statistics; Introduction to computers; Word Processingl Spreadsheets; Business or Real Estate Law; and two elective courses in accounting, geography, agricultural economics, business management or real estate.

33 1. Successfully complete a total of 180 classroom hours of approved real estate appraisal courses, which includes a 3D-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of November 1, 2007, the required number of classroom hours is 300 in the following core modules: RES 180, 183, 186, 187, 188, 189,281 and appraisal electives (30 hours). 2, Possess 3000 hours of continuous appraisal experience over no less than 24 months; at least 1500 of those hours must be nonresidential experience. Note: Most employers require appraisers to be able to quickly learn and use industry-specific computer software. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information, check out our website at For a list of Social Science, Humanities or Science courses "generally accepted in the transfer list" by other institutions in Washington, see will vary by field of study in the degree NJGA

34 _North Seattle Community College -::---:-_---::_:----:- Business, Engineering & Information Technologies Division Effective Spring 2008 APPRAISER Associate of Applied Science T Degree Program 2750 COURSE NUMBER RES 100 RES 101 RES 106 RES 125* RES 130 RES 141 RES 142 RES 150 RES 165 or RES 166 or RES 260 RES 170 RES 180 RES 183 RES 184 RES 185 RES 186 RES 187 RES 188 RES 189 RES 220 RES 235 RES 241 RES 281 Lecture Other REQUIRED COURSES Real Estate Fundamentals 55.0 Technology for Real Estate Real Estate Fraud 11.0 Applications of Real Estate Math 22.0 Green Real Estate 3 Land Use Principals and Practice! 3 Inspecting the Condition of Real Estate 3 Residential Sales and Leasing Documentation 16.5 Real Estate Loan Originator 3 Real Estate Loan Processor (44.0) Real Estate Finance - Commercial (2.0) Real Estate Law 3. Basic Appraisal Principles 3 Basic Appraisal Procedures 3 Residential Market Analysis and Highest and Best Use 16.5 Residential Appraiser Site Valuation and Cost Approach 16.5 Residential Sales Comparison and Income i Approaches i 3 Residential Report Writing 16.5 Statistics, Modeling and Finance 16.5 Advanced Residential A~~lications 16.5 Real Estate Economics 3 Sales and Marketing 3 Appraising Small Residential Income Pro~erties 3 i National USPAP Course 16.5 Total Credits from Real Estate Courses Credit I 1.5 (4.0) (2.0) COURSE NUMBER MAT 107 ormat116 ACC 215 BUS 140 BUS 210 ~.. ALLIED SUPPORTING COURSES I Math for Liberal Arts I 55.0 Applications of MathematiCs to Management, Life (55.0) and Social Sciences I Accounting for Small Business Owners 3 Customer Relations 55,0 I - Business and Economic Statistics (5.0) ~

35 Associate of Applied Science Transfer Degree Page 2 ~.. \ I COURSE I NUMBER I GENERAL EDUCATION COURSES I I ENG 101 Composition Required I Credits must be selected from a list of approved I Electives I US Cultures or Global Studies courses Required Credits must be selected from a list of courses I Electives generally accepted in transfer list in social science, I I humanities or science I I 10.0 TOTAL CREDITS FOR DEGREE 'Students may challenge RES 125, Applications of Real Estate Math, by passing the RES 125 challenge test. Suggested Sequence: 1st Quarter: RES 100, RES 101, RES 125, RES 180. RES nd Quarter: RES 106, RES 165 or RES 166 or RES 260. RES 170, RES 183, MAT 107 or MAT rd Quarter: RES 184, RES 185, RES 186, RES 220, ENG 101 4th Quarter 5 th Quarter 6 th Quarter RES 141, RES187, RES 281, RES 188, RES 189, ACC 215 RES 142, RES 130, RES 150, RES 241, BUS 140, BUS 210 General Education Elective, Social Science, Humanities or Science Electives There are four real estate appraiser classifications. They are: State Registered Appraiser Trainee. Licensed Residential Appraiser, Certified Residential Appraiser, and Certified General Appraiser. Real Estate Trainee can appraise those properties that the supervising appraiser is permitted to appraise. State-Licensed Real Estate Appraiser can appraise noncomplex one to four residential units having a transaction value less than one million dollars and complex one to four residential units having a transaction value less than two hundred fifty thousand dollars and nonresidential property having a. transaction value less than two hundred fifty thousand dollars. State-Certified Residential Real Estate Appraiser can appraise all types of residential property of one to four units without regard to transaction value or complexity and nonresidential property having a transaction value less than two hundred fifty thousand dollars. State-Certified General Real Estate Appraiser can appraise all types of real property including commercial property. Real Estate Appraiser Trainee classification requirements: To qualify for registry as a Real Estate Appraiser Trainee after April 1, 2006, you must: 1. Successfully complete a total of 75 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising (RES 180), 15 hours of advanced principles of real estate appraising (RES 183) and a 15 classroom hour course in the Uniform Standards of Professional Appraisal Practice (RES 281). The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. 2. Apply for registration with the state as a real estate appraiser trainee at the following web address: State-Licensed Real Estate Appraiser classification requirements: To qualify for examination for state-licensed real estate appraiser prior to January 1, 2008, you must: 1. Register with the state as a real estate appraiser trainee at the following web address:

36 Associate of Applied Science Transfer Degree Page 3 2. Successfully complete a total of 90 classroom hours of approved real estate appraisal courses, which includes a 30 classroom hour course in the basic principles of real estate appraising and a 15 classroom. hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 150 hours in core courses: RES 180,183,184,185,186,187, and RES Possess 2000 hours of real estate appraiser experience acquired over no less than 12 months. State-Certified Residential Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must: 1. Complete studies to earn an Associates degree or higher. 2. Register with the state as a real estate appraiser trainee at the following web address: 3. Successfully complete a total of 120 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of January 1, 2007, the required number of classroom hours in core studies is 200 hours in core courses: RES , 184, ,187, ,281 and 20 hours of appraisal electives. 4. Possess 2500 hours of continuous appraisal experience over no less than 24 months. State-Certified General Real Estate Appraiser classification requirements: To qualify for certification examination for state-certified residential real estate appraiser as of January 1, 2008, you must have completed a Bachelors degree or higher in any field, or, in lieu of the required degree, 30 semester credit hours covering the following subject matter courses: English Composition, Principles of Economics (Macro or Micro): Finance; Algebra, Geometry or higher mathematics, Statistics; Introduction to computers; Word Processingl Spreadsheets; Business or Real Estate Law; and two elective courses in accounting, geography, agricultural economics, business management or real estate. 1, Successfully complete a total of 180 classroom hours of approved real estate appraisal courses, which includes a 30-classroom hour course in the basic principles of real estate appraising and a 15-classroom hour course in the Uniform Standards of Professional Appraisal Practice. The balance of classroom hours over those required for basic principles of real estate appraising and USPAP must be spent in approved appraisal courses of at least 15 classroom hours in length that include an examination. As of November 1, the required number of classroom hours is 300 in the following core modules: RES 180,183,186, and appraisal electives (30 hours). 2. Possess 3000 hours of continuous appraisal experience over no less than 24 months; at least 1500 of those hours must be nonresidential experience. Note: Most employers require appraisers to be able to quickly learn and use industry-specific computer software.

37 Associate of Applied Science Transfer Degree Page 4 Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information, check out our website at http;i/' For a list of Social Science, Humanities or Science courses "generally accepted in the transfer list" by other institutions in Washington, see will vary by field of study in the degree. Revised NJGA

38 _NORTH SEATILE COMMUN ITY COLLEGE;;--:_--;::~_-;--_-;-:-::--~--:::"",,"":""---:----:---=-:-:-. Business, Engineering, and Information Technologies Division Effective Spring 2008 Certificate in Commercial Real Estate Program 275Q Course Lecture Credit Number Required Courses RES 141 Land Use Principles and Practice 3 RES217 Real Estate Development and Sustainability 3 ~.O RES 260 Real Estate Finance - Commercial RES 290 Commercial Sales and Leasing 3 RES 295 Commercial Real Estate Investment Analysis Approved Electives Listed Below TOTAL CREDITS FOR CERTIFICATE 16 CERTIFICATE PREREQUISITES AND APPROVED ELECTIVES: RES 100* Real Estate Fundamentals 55.0 RES 110** Introduction to Commercial Real Estate 3 Students are required to take this elective If they have NOT already completed an equivalent course or do NOT have. real estate licen... _. Students are required to take this elective If they have not completed an equivalent course or have 2 year. of commercial real estate experience. APPROVED ELECTIVES: RES 101 Technology for Real Estate 22 Lab RES 125 Applications of Real Estate Math RES 130 Green Real Estate 3 RES 170 Real Estate Law 3 RES1n Real Estate Taxes RES 183 Basic Appraisal Principles 3 RES 203 Commercial Property Management 3 RES 220 Real Estate Economics 3 RES 225 Current Trends in Real Estate Market Analysis 1.5 RES 235 Sales and Marketing 3 1~ii Suggested Sequence: 1st quarter: RES 141 and RES 290 2nd quarter: RES 260, RES 295, Approved Electives All of the above courses also apply toward the Real Estate Associate of Applied Science Degree and the Commercial Real Estate and Investment Certificate. The Department of Licensing (DOL) of the Stale of Washington requires the successful completion of RES100 before taking the real estate salesperson license exam. Also, DOL requires completion of RES 290 before the first license renewal. Other Program Information: Courses and course numbers are subject to change due to changes in state guidelines. Please refer to the update sheet in the Advising Center or Business & Engineering Technologies Division for current information or for more information. check out our website at NJGA 10-1~7

39 NORTH SEATTLE COMMUNITY COLLEGE -- Business, Engin'-e-e""ri-ng-.-a-n""d""l-n~=-o-rm-a-ti""" o-n-:t=-e-ch"""-no-:l:-og-:j:-e-s"=d..,-iv...,.is...,.io-n---- Effective Spring 2008 New Short Program Certificate Approval Request Certificate in Commercial Real Estate Program 275Q CIP COUI"H Number Required Courses LectuAl Credit RES 141 Land Use Principles and Practice 3 RES217 Real Estate Development and Sustainability 3 RES 260 Real Estate Finance - Commercial RES 290 Commercial Sales and Leasing 3 RES 295 Commercial Real Estate Investment Analysis Approved Electives Listed Below TOTAL CREDITS FOR CERTIFICATE 16 RES 141 Land Use Principles and Practice 3 credits: Course Description: In Introduces Federal and State laws and regulations governing land use and environmental issues. Includes in-depth study of local regulations. Provides practical land use knowledge including the "permit process." (Fulfills 30 DOL continuing education clock hours). Course Outcomes and leaning Objectives: Upon Completion of Course, students should be able to 1 Work with the building codes and general zoning laws of the City of Seattle and develop an understanding of the reasoning for same. 2 Describe Land Use Law. 3 Define state laws as they relate to land use. RES 217 Real Estate Development and SustainabUity 3 credits Course Description: Explore the fundamental principles and procedures involved in developing residential, commercial and industrial real estate including the stages of a development project from its initiation to completion. Gain a complete overview ofthe integration of"green" and "sustainability" devejopment using LEED and Built Green Rating Systems. (Fulfills 30 DOL clock hours.) Course Outcomes and leaning Objectives: Upon Completion of Course, students should be able to a) Identify appropriate tools for analysis ofa potential development project including "green" dimensions. b) Summarize the property acquisition and green site development parameters. c) Describe the public process elements typically requisite for project development and the "green" aspects ofthe political process (i.e. building codes, permits, etc.) d) Outline the financing elements ofa development including special "green" financing advantages and obstacles e) Define the construction process, participants, and "green" building concepts. f) Identify basic marlceting methods including "green" marketing opportunities for a development.

40 g) Sun:unarize property management issues including specific requirements of"green" installations. Program the elements for sale ofthe invesunent including the value enhancement ofa "BuUt Green" and/or LEED approved project RES 260 Real Estate Finance - Commercial 2 credits Course Description: Review different sources and the methodologies for financing commercial and investment properties including alternative financing and the secondary market. (Fulfills 20 DOL continuing education clock hours.) Prereq: RES 125 and RES 100 or RES 110, or all taken concurrently or rea] estate experience, or by instructor permission. Course Outcomes and leaning Objettives: Upon Completion ofcourse, students should be able to I Define the commercial real estate finance market. 2 Describe sources offunds for commercial finance. 3 Outline mortgage instruments and the secondary market. 4 Lists types offinancing available for various types of commercial properties. RES 290 Commercial Sales and Leasing 3 credits Course Description: Study the opportunities and responsibilities ofrepresenting commercial property owners, buyers, tenants, and landlords. Learn about listing, selling, and leasing various types ofcommercial properties. Acquire basic evaluation and marketing tools. Become knowledgeable about market surveys and commercial listing, sales and leasing agreements. (Fulfills 30 DOL continuing education clock hours and requirement for initial license renewal under RCW [2] [a].) Preq: RES 110 or WA Real Estate Sales License or instructor permission. Recommend: RES 125 which may be taken concurrently. Course Outcomes and leaning Objectives: Upon Completion ofcourse, students should be able to 1 Define basic agency elements and responsibilities applicable to commercial real estate practice. including tenant and buyer representation. 2 Use mathematical elements common to commercial real estate transactions. 3 Describe commercial property types. 4 Complete basic commercial listing agreements. 5 Comprehend various commercial leases and purchase and sale agreements. 6 Outline marketing methods and strategies applicable to sales, leasing.. and tenant and buyer represent. RES 295 Commercial Real Estate Investment Analysis 2 credits Course Description: Gain practical knowledge in commercial real estate investment analysis. Learn the fundamentals of commercial leases, pro fonna analysis, use and selection of discount and capitalization rates, tax laws, and applications ofdecision-making tools. Bring programmable financial calculator to every class. (Fulfills 20 DOL continuing education clock hours.) Prereq: RES 110 and RES 125, and RES 290 which may be taken concurrently, or real estate experience, or by instructor permission. Course Outcomes and leaning Objectives: Upon Completion ofcourse, students should be able to 1 Define and calculate Net Present Value (NPR) and Internal Rate ofreturn (IRR).