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
ANGEL Login for class:
http://angel.northseattle.edu/
ANGEL Tech Support: Student Quick-Start
Guide to ANGEL
http://www.virtualcollege.org/resource and
http://webshares.northseattle.edu/elearning/AN
GELlms/Student/ or phone-206-934-3738 or
email-North.eLearning@seattlecolleges.edu
Professor: Graham Albertini, SRA
On Campus Office: N/A
Message Phone: 206 747-4336
Business (BEIT) Division: 206 934-3730
Email: grahama@comcast.net
Professor’s Web Page:
https://people.northseattle.edu/users/galberti
Campus Web site: http://www.northseattle.edu
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/.
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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/eLearning 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.
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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 - cgreeno77@gmail.com – 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.)
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Tutoring Services
Library
Women’s Center
Veterans’ Affairs Office
Worker Retraining Program Financial Aid Services
LOFT Writing Center Plus
SIM-PC Media Support
Counseling
Wellness Center
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, Wadiyah.Nelson@seattlecolleges.edu
Worker Retraining Program: https://northseattle.edu/workforce-education/workerretraining?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, peggy.itschner@seattlecolleges.edu
WorkSource North Seattle: Meredith Bane, Employment Specialist (206) 934-6049,
Meredith.Bane@seattlecolleges.edu, www.worksourceskc.org
Career Services Lab: CC1354B, 206 934-3685, careerservices@seattlecolleges.edu
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_co
de=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:
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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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