10/23/24, 12:41 Syllabu
PM s
Georgia State University | J. Mack Robinson College of Business
Real Estate Principles (RE 3010.006)
Fall 2017
Updated August 21th, 2017
This course syllabus provides a general plan for the course; deviations may be necessary.
Class schedule Tuesdays and Thursdays, 9:30 – 10:45 a.m.
Aderhold Learning Center, Room 213
Instructor Jeonghyun “Jamie” Lee
Email
Office location Robinson College of Business,
35 Broad Street, 14th Floor, Suite 1410
Office hours Tuesdays & Thursdays, 11 a.m. – 12:00 p.m., and by appointment
Textbook Real Estate Principles: A Value Approach by David C. Ling and Wayne R.
Archer 5th Edition. New York, NY: McGraw-Hill/Irwin, 2013
ISBN: 978-0-07-783636-8.
5th or 4th edition
Welcome to the Class
I look forward to helping you build a foundation of knowledge and skills as you develop your
understanding of real estate principles and analysis.
Having a good class is a combination of both of our contributions. You are expected to:
1. Attend class;
2. Ask questions when you don’t understand the material;
3. Participate and contribute to the class discussion (treating everyone with respect); and
4. Complete the required assignments.
This will make the class much more interesting and give you the opportunity to learn more. The
latter two ideas are especially important in mastering the material.
I will:
1. Come prepared to every class;
2. Plan classes so we can accomplish the learning objectives listed in the syllabus; and
3. Create a respectful classroom environment that encourages you to ask questions and
participate.
Required Materials
First, you will need a copy of the textbook listed above. The fifth (or fourth) edition will suffice.
You will also need a financial calculator for assignments in this class. I highly recommend the
1
about:blan 1/
k 5
, 10/23/24, 12:41 Syllabu
PM s
BAII Plus by Texas Instruments. It is great for executing the calculations we will perform in
this class and can be used in other business courses. The price ranges between $20 (if you
purchase it online) to $40 (if you purchase it in a store).
Finally, you will need access to spreadsheet and word processing software. These resources are
available throughout the libraries located at GSU as well as the Real Estate Computer Lab
located in RCB 1400.
General Course Guide
Course Description: This course is a prerequisite for all senior courses in real estate. It
introduces students to the nature of real estate and the principles of real estate analysis and
utilization. Subjects include real estate commodities and real property; the legal instruments
involved in real property transactions; market analysis and the determinants of real estate values;
the appraisal process and valuation techniques; investment and financial analysis; and public
aspects of real estate planning and land utilization.
Objectives of the Course: This course is designed to introduce students to a broad spectrum of
real estate terms, concepts, activities, and issues. It synthesizes the functioning of real estate
markets, legal foundations to value, and the influence of government controls in the market
place. Students develop analytical skills in market research, valuation, risk, and investment
analysis. In addition, students are introduced to multiple sectors in the market for real estate
services, including brokerage, mortgages, development and property management. Upon
successful completion of the course, the student should have developed an understanding of
these major functions of real estate markets and gain exposure to tools used in real estate
business decisions.
Assignments, Tests and Grading
Homework: There will be two homework assignments this semester. Instructions for these
homework assignments will be posted on iCollege in the “Dropbox” tab (located under the
“Assessments” dropdown) at least two weeks before the due date. Completed assignments
should be submitted on iCollege before the start of class on the date they are due. Late
assignments will NOT be accepted.
• When will the assignments be assigned?
Students are encouraged to work with one other student on any homework assignment. If you
work with a partner, please only make one submission on iCollege, but make sure both students’
names are on it.
Exams: There will be a total of 3 exams. Those exams will be closed book, administered in-
class, and announced in class at least a week in advance. You must bring a green Scantron Form
No. 882-E, a pencil and a financial calculator. Laptops, cell phones, graphing calculators or any
2
about:blan 2/
k 5
PM s
Georgia State University | J. Mack Robinson College of Business
Real Estate Principles (RE 3010.006)
Fall 2017
Updated August 21th, 2017
This course syllabus provides a general plan for the course; deviations may be necessary.
Class schedule Tuesdays and Thursdays, 9:30 – 10:45 a.m.
Aderhold Learning Center, Room 213
Instructor Jeonghyun “Jamie” Lee
Office location Robinson College of Business,
35 Broad Street, 14th Floor, Suite 1410
Office hours Tuesdays & Thursdays, 11 a.m. – 12:00 p.m., and by appointment
Textbook Real Estate Principles: A Value Approach by David C. Ling and Wayne R.
Archer 5th Edition. New York, NY: McGraw-Hill/Irwin, 2013
ISBN: 978-0-07-783636-8.
5th or 4th edition
Welcome to the Class
I look forward to helping you build a foundation of knowledge and skills as you develop your
understanding of real estate principles and analysis.
Having a good class is a combination of both of our contributions. You are expected to:
1. Attend class;
2. Ask questions when you don’t understand the material;
3. Participate and contribute to the class discussion (treating everyone with respect); and
4. Complete the required assignments.
This will make the class much more interesting and give you the opportunity to learn more. The
latter two ideas are especially important in mastering the material.
I will:
1. Come prepared to every class;
2. Plan classes so we can accomplish the learning objectives listed in the syllabus; and
3. Create a respectful classroom environment that encourages you to ask questions and
participate.
Required Materials
First, you will need a copy of the textbook listed above. The fifth (or fourth) edition will suffice.
You will also need a financial calculator for assignments in this class. I highly recommend the
1
about:blan 1/
k 5
, 10/23/24, 12:41 Syllabu
PM s
BAII Plus by Texas Instruments. It is great for executing the calculations we will perform in
this class and can be used in other business courses. The price ranges between $20 (if you
purchase it online) to $40 (if you purchase it in a store).
Finally, you will need access to spreadsheet and word processing software. These resources are
available throughout the libraries located at GSU as well as the Real Estate Computer Lab
located in RCB 1400.
General Course Guide
Course Description: This course is a prerequisite for all senior courses in real estate. It
introduces students to the nature of real estate and the principles of real estate analysis and
utilization. Subjects include real estate commodities and real property; the legal instruments
involved in real property transactions; market analysis and the determinants of real estate values;
the appraisal process and valuation techniques; investment and financial analysis; and public
aspects of real estate planning and land utilization.
Objectives of the Course: This course is designed to introduce students to a broad spectrum of
real estate terms, concepts, activities, and issues. It synthesizes the functioning of real estate
markets, legal foundations to value, and the influence of government controls in the market
place. Students develop analytical skills in market research, valuation, risk, and investment
analysis. In addition, students are introduced to multiple sectors in the market for real estate
services, including brokerage, mortgages, development and property management. Upon
successful completion of the course, the student should have developed an understanding of
these major functions of real estate markets and gain exposure to tools used in real estate
business decisions.
Assignments, Tests and Grading
Homework: There will be two homework assignments this semester. Instructions for these
homework assignments will be posted on iCollege in the “Dropbox” tab (located under the
“Assessments” dropdown) at least two weeks before the due date. Completed assignments
should be submitted on iCollege before the start of class on the date they are due. Late
assignments will NOT be accepted.
• When will the assignments be assigned?
Students are encouraged to work with one other student on any homework assignment. If you
work with a partner, please only make one submission on iCollege, but make sure both students’
names are on it.
Exams: There will be a total of 3 exams. Those exams will be closed book, administered in-
class, and announced in class at least a week in advance. You must bring a green Scantron Form
No. 882-E, a pencil and a financial calculator. Laptops, cell phones, graphing calculators or any
2
about:blan 2/
k 5
