Credit Hours: 15
This course provides both the theory and practice of statistics, real estate finance, and valuation modeling for today's Certified Residential appraiser.
The first half of the course outlines terminology and basics principles of statistics, including practical applications in statistical analysis. The last half presents an explanation of real estate markets, terms of financing, and real-world examples of how financing affects the value of real property.
An HP12C calculator, or its equivalent, is recommended for this class. Students should be familiar with and bring to class their own financial calculator. Instructors will teach under the assumption that all students have the necessary knowledge to use their financial calculator.
This course has been approved by the Minnesota Commissioner of Commerce for 15 hours of appraisal licensing education.