Real Estate Appraisal Methods
Real Estate Management
Vocational School of A.Riza Veziroglu
Short Cycle (Associate's Degree)
| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Real Estate Appraisal Methods | EYP206 | Compulsory | Associate degree | 2 | Spring | 4 |
Name of Lecturer(s)
Assistant Prof. Dr. Murat BOLAT
Learning Outcomes of the Course Unit
1) Explain valuation process.
2) Explain the sales comparison approach to valuation.
3) Explain the cost approach to valuation.
4) Explain the income capitalization approach to valuation.
5) Apply the valuation standards of reporting.
6) Explain the legal size of the valuation.
Program Competencies-Learning Outcomes Relation
| Program Competencies | ||||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ||
| Learning Outcomes | ||||||||||
| 1 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 2 | No relation | High | No relation | No relation | No relation | No relation | High | No relation | No relation | |
| 3 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 4 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | High | No relation | |
| 5 | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | No relation | |
| 6 | No relation | No relation | High | No relation | No relation | No relation | No relation | No relation | No relation | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Real Estate Law
Course Contents
This course includes valuation process, the basic valuation methods (sales comparison, cost and income capitalization approach), housing, land, commercial real estate valuation, reporting standards.
Weekly Schedule
1) Valuation process.2) Introduction to valuation methods.
3) Sales comparison approach to valuation used in the analysis.
4) Sales comparison approach to valuation used in the analysis.
5) Cost approach to valuation used in the analysis.
6) Cost approach to valuation used in the analysis.
7) Income capitalization valuation method used in the analysis.
8) Midterm examination/Assessment
9) Income capitalization valuation method used in the analysis.
10) Comparison of the methods used in valuation.
11) Housing valuation.
12) Commercial real estate valuation.
13) Leased real estate valuation.
14) Valuation reporting standards and practices.
15) Legal size of valuation and effective problems.
16) Final examination
Recommended or Required Reading
1- Gayrimenkul Değerlemesi, Erbil TÖRE, İstanbul Ünivesitesi Yayını,2004, İstanbul
2- Gayrimenkul Finansmanı Ve Değerlemesi, Prof.Dr.Ali ALP, M.Ufuk YILMAZ, İstanbul Menkul Kıymetler Borsası Yayını, İstanbul
3- Erol Köktürk, Erdal Köktürk, Taşınmaz Değerlemesi, İlke Yayıncılık, İstanbul, 2011 (ISBN 9786058734609)
4- Ahmet Açlar, Volkan Çağdaş, Taşınmaz (Gayrimenkul) Değerlemesi, HKMO Yayınları, Ankara, 2008
5- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
6- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
7- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
8- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
9- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
10- http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/emlak komisyonculugu ile ilgili yasal dz.pdf
http://www.gib.gov.tr/fileadmin/beyannamerehberi/2011gayrimenkul.pdf
http://egitek.meb.gov.tr/aok/aok kitaplar/AolKitaplar/isletme/3.pdf
http://www.biremlak.net/control/EMLAKVergisiMevzuati.pdf
http://cygm.meb.gov.tr/modulerprogramlar/kursprogramlari/pazarlama/moduller/belediye emlak islemleri.pdf
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Demonstration
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
30% |
|---|---|
Contribution of Final Examination to Course Grade |
70% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required