KA6023 - Commercial Real Estate Appraisal

You will learn through interactive workshops and seminars. You will be presented with core material either virtually or throughout the workshops and you will be given the opportunity to explore the theories and issues in greater depth through worked examples and discussion upon which you will be provided with formative feedback.

All material will be available to you through eLearning Portal (Blackboard). You will also be provided with extra support for assessment through the use of discussion board on eLearning Portal.

You will also be given the opportunity to learn about IT software widely used in Real Estate practice.

If you are in employment your workplace will be the main learning environment, in effect acting as a framework for commercial real estate appraisal. However, tutor support will be available via drop-in sessions throughout the module study period. If you are in employment, it is recognised that there is the need for modes of blended learning delivery, experiential assessment, and opportunities to combine work and study through independent study, embedded learning opportunities, and relevant communications technologies. Lecture capture will be used to elaborate on the content contained in any teaching material along with audio recording and notes to support presentations on key topics.

Support will include formative feedback from tutors during interactive workshop. In addition, the module tutor will respond to any questions posed on discussion board on eLearning Portal in relation to the coursework in order that the whole group can benefit.

If you are in employment your workplace will be the main learning environment, however, tutor support will be available via drop-in sessions throughout the module study period. The eLP, telephone and email will be used as a means of communication once the initial briefings have taken place and work-based visits will be made by tutors if appropriate.

If you are in employment your workplace will act as a framework for construction technology to develop your skills and knowledge.

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

Knowledge & Understanding:
• MLO1: Critically analyse data and reflect relevant market determinants in order to make sound judgements on value
• MLO2: Select, evaluate and apply appropriate valuation methods and skills applicable to a range of property scenarios
• MLO3: Analysis of valuation outcomes, the devising of appropriate solutions and the interpretations of findings

Intellectual / Professional skills & abilities:
• MLO4: Reflect on and communicate professionally

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):
• MLO5: Demonstrate the capacity for independent, evidence based thinking and decision making

Formative assessment: will be an integrative part of the workshop sessions and directed work. You will be expected to participate in group discussions and carry out directed tasks upon which you will receive formative feedback.

Summative assessment: this module is assessed by an exam.coursework.

The examination coursework will assess your individual intellectual understanding and application of valuation skills and the process and the ability to evaluate and apply theories, concepts and techniques as well as governance. The exam is coursework is worth 100% of the module and assess MLO1, MLO2, MLO3, MLO4, MLO5.

The assessment will be an electronic submission and feedback.

KA5019

None

This module adopts an approach to research rich learning that focuses on research enquiry based learning and research tutored learning. For this you are provided in workshops with the core issues and worked examples that you interact with and then apply to real world scenarios. The module ensures that you are introduced to the concept and process and that you are an active participant in the learning process.