# REALEST 411: Real Estate Excel Modeling | UW–Madison

[View on UW Courses](https://uwcourses.com/courses/REALEST_411)

## Dataset

### revision

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### repository

twangodev/uwcourses

### schema version

6

### importer version

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### observed at

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### built at

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### courses

8951

### current instructors

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### limited

false

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### term

1272

### departments

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| PSYCH     | 101   |
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| PUBAFFR   | 54    |
| PUBLHLTH  | 23    |
| RADIOL    | 11    |
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| RHABMED   | 9     |
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| SRMED     | 21    |
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| STDYABRD  | 52    |
| STS       | 8     |
| SURGERY   | 25    |
| SURGSCI   | 33    |
| THEATRE   | 91    |
| URBRPL    | 60    |
| UROLOGY   | 5     |
| ZOOLOGY   | 89    |

## course

### run id

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### semester

1272

### observed at

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### record version id

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### course id

REALEST 411

### course uid

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### catalog version id

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### course number

411

### subjects

* REALEST

### title

REAL ESTATE EXCEL MODELING

### description

Introduction to real estate modeling. Building a real estate model for acquisition and development transactions for residential and commercial real estate using Excel.  How to source market data, draw assumptions from market data, input assumptions, make decisions using reports, perform sensitivity analysis on model inputs, and explain terminology used in residential and commercial real estate.

### requirements text

REAL EST 410,710, or concurrent enrollment

### credits min

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### credits max

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### credit offering ids

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### llm task version

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### llm search status

valid

### llm summary

Introduction to real estate modeling using Excel for acquisition and development transactions.

### llm topics

* Acquisition and development transactions.
* Sensitivity analysis.
* Real estate terminology.

### llm skills

* Building real estate models in Excel for acquisition and development.
* Sourcing market data and formulating modeling assumptions.
* Performing sensitivity analysis on model inputs.
* Explaining residential and commercial real estate terminology.

### llm assumed background

* Foundations in real estate finance, investment analysis, and cash flow projection.

### llm search phrases

* real estate excel modeling
* REALEST 411 prerequisites
* real estate acquisition model
* commercial real estate sensitivity analysis

### llm requirements status

valid

### llm student summary status

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### catalog variants

None recorded.

### student summary

#### context hash

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#### difficulty workload

None recorded.

#### errors

None recorded.

#### historical context

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#### offered

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#### profile hash

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#### quick take

Recent recorded grades — Spring 2025: 3.38 GPA, 58.6% A/AB (n=70 letter grades); Fall 2025: 3.45 GPA, 69.7% A/AB (n=155 letter grades); Spring 2026: 3.60 GPA, 82.1% A/AB (n=56 letter grades).

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    ],
    "a": 100,
    "ab": 55,
    "b": 43,
    "bc": 10,
    "c": 3,
    "d": 1,
    "f": 0,
    "satisfactory": 0,
    "unsatisfactory": 0,
    "credit": 0,
    "no_credit": 0,
    "passed": 0,
    "incomplete": 0,
    "no_work": 0,
    "not_reported": 0,
    "other": 0,
    "total": 212,
    "source_aliases": [
      "REALEST 411"
    ]
  },
  {
    "run_id": "20260907T155543-ce3781c4",
    "semester": "1272",
    "observed_at": "2026-09-07 15:55:43.033547+00:00",
    "course_id": "REALEST 411",
    "course_uid": "course_3de8425e363ca26bc0a03fc3",
    "term_id": "1254",
    "term_name": "Spring 2025",
    "instructors": [
      "ARIF QURESHI"
    ],
    "a": 29,
    "ab": 12,
    "b": 19,
    "bc": 7,
    "c": 2,
    "d": 0,
    "f": 1,
    "satisfactory": 0,
    "unsatisfactory": 0,
    "credit": 0,
    "no_credit": 0,
    "passed": 0,
    "incomplete": 0,
    "no_work": 0,
    "not_reported": 0,
    "other": 0,
    "total": 70,
    "source_aliases": [
      "REALEST 411"
    ]
  },
  {
    "run_id": "20260907T155543-ce3781c4",
    "semester": "1272",
    "observed_at": "2026-09-07 15:55:43.033547+00:00",
    "course_id": "REALEST 411",
    "course_uid": "course_3de8425e363ca26bc0a03fc3",
    "term_id": "1262",
    "term_name": "Fall 2025",
    "instructors": [
      "Paul Aylesworth"
    ],
    "a": 56,
    "ab": 52,
    "b": 34,
    "bc": 6,
    "c": 6,
    "d": 0,
    "f": 1,
    "satisfactory": 0,
    "unsatisfactory": 0,
    "credit": 0,
    "no_credit": 0,
    "passed": 0,
    "incomplete": 0,
    "no_work": 0,
    "not_reported": 0,
    "other": 0,
    "total": 155,
    "source_aliases": [
      "REALEST 411"
    ]
  },
  {
    "run_id": "20260907T155543-ce3781c4",
    "semester": "1272",
    "observed_at": "2026-09-07 15:55:43.033547+00:00",
    "course_id": "REALEST 411",
    "course_uid": "course_3de8425e363ca26bc0a03fc3",
    "term_id": "1264",
    "term_name": "Spring 2026",
    "instructors": [
      "Paul Aylesworth"
    ],
    "a": 24,
    "ab": 22,
    "b": 7,
    "bc": 3,
    "c": 0,
    "d": 0,
    "f": 0,
    "satisfactory": 0,
    "unsatisfactory": 0,
    "credit": 0,
    "no_credit": 0,
    "passed": 0,
    "incomplete": 0,
    "no_work": 0,
    "not_reported": 0,
    "other": 0,
    "total": 56,
    "source_aliases": [
      "REALEST 411"
    ]
  }
]
```

### statistics

#### gpa

3.463

#### graded

708

#### counts

* 279
* 202
* 161
* 45
* 16
* 1
* 4

### grade conflicts

None recorded.

### evidence

#### history

* [/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/history/course\_3de8425e363ca26bc0a03fc3-0.json](https://uwcourses.com/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/history/course_3de8425e363ca26bc0a03fc3-0.json)

#### traces

* [/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/traces/course\_3de8425e363ca26bc0a03fc3-0.json](https://uwcourses.com/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/traces/course_3de8425e363ca26bc0a03fc3-0.json)

#### meetings

* [/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/meetings/course\_3de8425e363ca26bc0a03fc3-0.json](https://uwcourses.com/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/meetings/course_3de8425e363ca26bc0a03fc3-0.json)

#### results

* [/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/results/course\_3de8425e363ca26bc0a03fc3-0.json](https://uwcourses.com/data/e243353dcb7d79b7247ced91d69443ef4c2a6349/results/course_3de8425e363ca26bc0a03fc3-0.json)

### revision

e243353dcb7d79b7247ced91d69443ef4c2a6349

## context

### all

#### term



#### gpa

3.4625706214689265

#### count

708

#### university

##### size

3801

##### gpa Percentile

19

##### count Percentile

93

##### median Count

100

##### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 0     | false   |
| 2.4–2.8 | 12    | false   |
| 2.8–3.2 | 209   | false   |
| 3.2–3.6 | 936   | true    |
| 3.6–4.0 | 2644  | false   |

#### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 24,
      "gpaPercentile": 13,
      "countPercentile": 87,
      "medianCount": 184.5,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 0,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 8,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 16,
          "current": false
        }
      ]
    }
  }
]
```

### terms

#### 1242

##### term

1242

##### gpa

3.3439716312056738

##### count

141

##### university

###### size

1295

###### gpa Percentile

23

###### count Percentile

79

###### median Count

67

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 2     | false   |
| 2.4–2.8 | 11    | false   |
| 2.8–3.2 | 162   | false   |
| 3.2–3.6 | 394   | true    |
| 3.6–4.0 | 726   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 13,
      "gpaPercentile": 8,
      "countPercentile": 75,
      "medianCount": 85,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 1,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 8,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 4,
          "current": false
        }
      ]
    }
  }
]
```

#### 1244

##### term

1244

##### gpa

3.425675675675676

##### count

74

##### university

###### size

1241

###### gpa Percentile

27

###### count Percentile

56

###### median Count

65

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 2     | false   |
| 2.4–2.8 | 9     | false   |
| 2.8–3.2 | 151   | false   |
| 3.2–3.6 | 373   | true    |
| 3.6–4.0 | 706   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 15,
      "gpaPercentile": 29,
      "countPercentile": 64,
      "medianCount": 50,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 0,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 9,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 6,
          "current": false
        }
      ]
    }
  }
]
```

#### 1252

##### term

1252

##### gpa

3.5542452830188678

##### count

212

##### university

###### size

1333

###### gpa Percentile

38

###### count Percentile

87

###### median Count

69

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 0     | false   |
| 2.4–2.8 | 14    | false   |
| 2.8–3.2 | 115   | false   |
| 3.2–3.6 | 431   | true    |
| 3.6–4.0 | 773   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 13,
      "gpaPercentile": 42,
      "countPercentile": 92,
      "medianCount": 120,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 0,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 7,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 6,
          "current": false
        }
      ]
    }
  }
]
```

#### 1254

##### term

1254

##### gpa

3.3785714285714286

##### count

70

##### university

###### size

1289

###### gpa Percentile

22

###### count Percentile

52

###### median Count

66

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 0     | false   |
| 2.4–2.8 | 17    | false   |
| 2.8–3.2 | 128   | false   |
| 3.2–3.6 | 379   | true    |
| 3.6–4.0 | 765   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 14,
      "gpaPercentile": 0,
      "countPercentile": 46,
      "medianCount": 72.5,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 0,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 7,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 7,
          "current": false
        }
      ]
    }
  }
]
```

#### 1262

##### term

1262

##### gpa

3.4516129032258065

##### count

155

##### university

###### size

1320

###### gpa Percentile

26

###### count Percentile

81

###### median Count

70

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 1     | false   |
| 2.4–2.8 | 8     | false   |
| 2.8–3.2 | 133   | false   |
| 3.2–3.6 | 381   | true    |
| 3.6–4.0 | 797   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 11,
      "gpaPercentile": 50,
      "countPercentile": 70,
      "medianCount": 129,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 1,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 8,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 2,
          "current": false
        }
      ]
    }
  }
]
```

#### 1264

##### term

1264

##### gpa

3.5982142857142856

##### count

56

##### university

###### size

1283

###### gpa Percentile

38

###### count Percentile

41

###### median Count

66

###### histogram

| range   | count | current |
| ------- | ----- | ------- |
| 0.0–0.4 | 0     | false   |
| 0.4–0.8 | 0     | false   |
| 0.8–1.2 | 0     | false   |
| 1.2–1.6 | 0     | false   |
| 1.6–2.0 | 0     | false   |
| 2.0–2.4 | 1     | false   |
| 2.4–2.8 | 20    | false   |
| 2.8–3.2 | 130   | false   |
| 3.2–3.6 | 343   | true    |
| 3.6–4.0 | 789   | false   |

##### departments

```json
[
  {
    "subject": "REALEST",
    "comparison": {
      "size": 10,
      "gpaPercentile": 44,
      "countPercentile": 22,
      "medianCount": 84.5,
      "histogram": [
        {
          "range": "0.0–0.4",
          "count": 0,
          "current": false
        },
        {
          "range": "0.4–0.8",
          "count": 0,
          "current": false
        },
        {
          "range": "0.8–1.2",
          "count": 0,
          "current": false
        },
        {
          "range": "1.2–1.6",
          "count": 0,
          "current": false
        },
        {
          "range": "1.6–2.0",
          "count": 0,
          "current": false
        },
        {
          "range": "2.0–2.4",
          "count": 0,
          "current": false
        },
        {
          "range": "2.4–2.8",
          "count": 0,
          "current": false
        },
        {
          "range": "2.8–3.2",
          "count": 0,
          "current": false
        },
        {
          "range": "3.2–3.6",
          "count": 5,
          "current": true
        },
        {
          "range": "3.6–4.0",
          "count": 5,
          "current": false
        }
      ]
    }
  }
]
```

### benchmarks

#### all

##### school

###### size

3801

###### gpa

3.6947140786559496

###### top Share

84.06396268479713

###### count

100

##### REALEST

###### size

24

###### gpa

3.6504782703804444

###### top Share

82.21326352819379

###### count

184.5

#### terms

##### 1242

###### school

###### size

1295

###### gpa

3.595302892737449

###### top Share

78.36291889885307

###### count

67

###### REALEST

###### size

13

###### gpa

3.488539015225787

###### top Share

70.72937356976098

###### count

85

##### 1244

###### school

###### size

1241

###### gpa

3.5975573126929192

###### top Share

78.29036874847135

###### count

65

###### REALEST

###### size

15

###### gpa

3.5774675799670566

###### top Share

75.64175493354377

###### count

50

##### 1252

###### school

###### size

1333

###### gpa

3.619494049739118

###### top Share

79.71442190500672

###### count

69

###### REALEST

###### size

13

###### gpa

3.5824642519384393

###### top Share

79.13903612379207

###### count

120

##### 1254

###### school

###### size

1289

###### gpa

3.6126423469389106

###### top Share

79.48050408754871

###### count

66

###### REALEST

###### size

14

###### gpa

3.666900217521707

###### top Share

82.50522639518604

###### count

72.5

##### 1262

###### school

###### size

1320

###### gpa

3.628825763035853

###### top Share

80.21118846327654

###### count

70

###### REALEST

###### size

11

###### gpa

3.472414253981282

###### top Share

71.10634299203417

###### count

129

##### 1264

###### school

###### size

1283

###### gpa

3.6229729166451925

###### top Share

80.13669149396227

###### count

66

###### REALEST

###### size

10

###### gpa

3.6564505757519656

###### top Share

83.19777602692389

###### count

84.5

## instructor Trends

```json
[
  {
    "uid": "instructor_32212d215433957834e16b3b",
    "name": "ARIF QURESHI",
    "count": 463,
    "terms": [
      {
        "term": "1242",
        "count": 141,
        "sections": 2,
        "gpa": 3.3439716312056738
      },
      {
        "term": "1244",
        "count": 74,
        "sections": 1,
        "gpa": 3.425675675675676
      },
      {
        "term": "1252",
        "count": 178,
        "sections": 2,
        "gpa": 3.533707865168539
      },
      {
        "term": "1254",
        "count": 70,
        "sections": 1,
        "gpa": 3.3785714285714286
      }
    ]
  },
  {
    "uid": "instructor_99619f2e7756f246f8b962f0",
    "name": "PAUL AYLESWORTH",
    "count": 211,
    "terms": [
      {
        "term": "1262",
        "count": 155,
        "sections": 2,
        "gpa": 3.4516129032258065
      },
      {
        "term": "1264",
        "count": 56,
        "sections": 1,
        "gpa": 3.5982142857142856
      }
    ]
  },
  {
    "uid": "instructor_0125ca9d1215bc2551815507",
    "name": "TIM CARR",
    "count": 34,
    "terms": [
      {
        "term": "1252",
        "count": 34,
        "sections": 1,
        "gpa": 3.661764705882353
      }
    ]
  }
]
```

## following

| code        | title                                            |
| ----------- | ------------------------------------------------ |
| REALEST 415 | VALUATION OF REAL ESTATE                         |
| REALEST 661 | REAL ESTATE INVESTMENT ANALYSIS AND PRESENTATION |

## projection

### target

1272

### gpa

3.4570290875461196

### grades

| grade | percentage          |
| ----- | ------------------- |
| A     | 38.829636860156455  |
| AB    | 29.138291114361074  |
| B     | 23.081117759877742  |
| BC    | 5.3653119500959665  |
| C     | 2.7945270698823887  |
| D     | 0.15465511908444166 |
| F     | 0.636460126541925   |

### source Terms

* 1262
* 1252
* 1242

### source Count

508

### same Season

true

### historical Range

* 3.3439716312056738
* 3.5542452830188678
