Meets California real estate license requirements for salespersons or brokers. Market, cost and gross rent multiplier approaches to specified 1-4 unit residential appraisals. Emphasizes appraisal standards, professional ethics, application of statistics to real property valuation, and use of income and expense analysis to develop operating expense ratios. Appraisal of residential apartment buildings, small office buildings, shopping centers and industrial buildings. Meets California real estate broker license requirements.
Emphasis is placed on the accounting and mathematics of the escrow.