TÜRKÇE
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Information
| Code | EEY258 |
| Name | Real Estate Appraisal Techniques |
| Term | 2024-2025 Academic Year |
| Semester | 4. Semester |
| Duration (T+A) | 2-1 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Ön Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör.Dr. ABDULAZİZ SAVUN |
| Course Instructor |
Öğr. Gör.Dr. ABDULAZİZ SAVUN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to provide students with comprehensive information about the financing sources of the real estate market and sector. It is aimed to enable students to understand the financing methods, financial instruments and resources used in the real estate sector, and to teach them how to adapt this information to sectoral practices, thus providing them with the skills to manage financing processes effectively.
Course Content
Basic concepts in real estate valuation, Definitions and types of value in real estate appraisal, Qualifications and responsibilities of the appraiser, Real estate appraisal principles and process, Real estate appraisal methods and applications, Real estate appraisal standards, Real estate appraisal report and its features
Course Precondition
N.a.
Resources
Gayrimenkul Değerlemesi ve Finansı, Yener Coşkun, Seçkin Yayıncılık, 1.Baskı
Notes
Abdulaziz SAVUN, Lecturer notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the factors affecting the real estate market and has information about the economic, social and environmental factors affecting the market. |
| LO02 | Knows real estate valuation techniques, learns valuation methods such as market approach, cost approach, income approach and applies these methods correctly. |
| LO03 | It defines the concepts of value and valuation theoretically, explains what valuation is and the basic principles of the valuation process. |
| LO04 | Makes real estate valuation calculations and accurately performs financial calculations and analyzes during the valuation process. |
| LO05 | It explains the real estate appraisal process, explains each stage of the appraisal process and the necessary steps.. |
| LO06 | Interprets the real estate valuation report and correctly evaluates the data and analysis in the prepared valuation report. |
| LO07 | It explains reporting standards and how international and local reporting standards should be applied in valuation reports. |
| LO08 | Applies the legal legislation regarding real estate valuation to the valuation process. |
| LO09 | It concludes the valuation process using different valuation methods. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Apply general economic knowledge to business processes by performing economic analyses in the real estate sector. | 2 |
| PLO02 | Beceriler - Bilişsel, Uygulamalı | Uses basic level computer software and hardware effectively in accordance with professional requirements. | |
| PLO03 | Yetkinlikler - Alana Özgü Yetkinlik | It effectively carries out the management of real estate, purchase-sale transactions, and marketing processes. | |
| PLO04 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to transfer theoretical knowledge to the problem solving process. | 2 |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Fulfills the duties undertaken within the framework of professional ethics, sense of responsibility and self-confidence. | 2 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | It follows sectoral developments with an approach open to change and innovation and integrates them into business life. | |
| PLO07 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Students can manage the processes in mother tongue and foreign languages by using the effective communication skills and information and communication tools. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Have the ability to report and interpret the tasks given in the field of professional practice as desired. | 3 |
| PLO09 | Bilgi - Kuramsal, Olgusal | Knows the legal regulations needed in the field of real estate management and applies them in professional processes. | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | Analyzes real estate value determination processes, conducts market research and makes solution-oriented decisions. | 4 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Has technical knowledge about the immovable and can carry out technical information based supervision applications. | 2 |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Manages real estate production and development activities. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic concepts of real estate appraisal | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 2 | Definition and usage areas of real estate appraisal | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 3 | Value definitions and types in real estate valuation | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 4 | Real estate value in Turkey | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 5 | Qualifications and responsibilities of the appraiser | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 6 | Real estate valuation principles | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 7 | Real estate appraisal process | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Örnek Olay |
| 8 | Mid-Term Exam | Reviewing lecture note | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Factors that affect real estate value | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 10 | Valuation can be done for what purpose | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 11 | Real estate appraisal methods | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 12 | Real estate valuation methods and applications | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 13 | Standards of real estate value | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 14 | Real estate valuation report | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 15 | Real estate report and its qualifications | Reading the sources related | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Örnek Olay |
| 16 | Term Exams | Reviewing lecture note | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Reviewing lecture note | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 7 | 7 |
| Final Exam | 1 | 7 | 7 |
| Total Workload (Hour) | 100 | ||
| Total Workload / 25 (h) | 4,00 | ||
| ECTS | 4 ECTS | ||