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Certified Exam

Discussion in 'Oregon' started by Kimberly Korbe, Sep 17, 2009.

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  1. Kimberly Korbe

    Kimberly Korbe Junior Member

    0
    Mar 22, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Anyone taken the certified exam in Oregon recently? I'd appreciate any study pointers. Other states have noted that it's fairly math intensive...
     
  2. Oregon Doug

    Oregon Doug Senior Member

    0
    Jan 15, 2002
    Professional Status:
    General Public
    State:
    Oregon
    Kimberly

    I looked at all of our exams awhile back when Oregon was thinking of doing our own and I've seen the new exams.

    I'm dumbfounded at how simple they are - as long as you have 5 fingers on each hand, you can master the math! They are so simple that a caveman can easily pass.

    Oregon Doug
     
  3. Kimberly Korbe

    Kimberly Korbe Junior Member

    0
    Mar 22, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Thanks Doug! Now, if I could just hear back from the ACLB. I've been waiting for quite awhile. They're back up. I'm off the FHA Roster for now but waiting patiently (sort of) to sit for the exam.

    I appreciate the feedback. Thanks.

    Kim
     
  4. Oregon Doug

    Oregon Doug Senior Member

    0
    Jan 15, 2002
    Professional Status:
    General Public
    State:
    Oregon
    Sorry Kimberly, I can't help there anymore.

    Doug
     
  5. Kimberly Korbe

    Kimberly Korbe Junior Member

    0
    Mar 22, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Yeah, I know.
    I should have gotten things together sooner. I was just busy. I ended up doing a 5 day marathon with McKissock online to get the last of my classes finished. And I'm no whiz at Statistics. I think there's lead stuck in my office walls from throwing my pencil across the room :)

    How is the fishing book going?
     
  6. OSU Beavers

    OSU Beavers Elite Member

    10
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    Time to get certified

    1234567890
     
  7. Golfman

    Golfman New Member

    0
    Jul 21, 2008
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    I took the exam on Jan 16th. A lot of matched pair analysis. Know the sequence of adjustments. (Time, Conditions of Sale, Financing, etc.)
    Know how to get percentage of adjustments for land out of total price, depreciation, etc.
    It felt like 25% of the exam was matched pair analysis, (what is one bedroom worth based on four comparable sales.)
    Use common sense on some things to get answer. Very few questions required a 12C calculator. I didn't take one. I used Appraisal CompuCram. It cost $69. It was well worth it. You can download it on two different computers. Maybe you could share with someone and split the cost.
    Seemed like 15% of questions were multi-unit questions having to deal with GRMs, Net Income, etc. The CompuCram was invaluable. MAKE SURE TO KNOW THE SEQUENCE OF ADJUSTMENTS FOR SALES COMPARISON APPROACH. I felt like the was half the exam. Good luck.
    I passed btw, first time.
     
  8. Kimberly Korbe

    Kimberly Korbe Junior Member

    0
    Mar 22, 2006
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Hey Golfman,
    Congrats on passing! I was there on the 16th too. Don't you feel great having it done with? I sure do.

    Best wishes,
    Kim
     
  9. OSU Beavers

    OSU Beavers Elite Member

    10
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    Thanks. What was the form of the questions? Four or five possible answers? Any with one problem and multiple questions under it? Did the CompuCram form match the State test?
     
  10. Golfman

    Golfman New Member

    0
    Jul 21, 2008
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    One problem with one answer. On my exam no one problem with multiple questions under it. CompuCram matched the State exam. CompuCram says that the questions they use come directly from the state and national exams. When you buy it, you actually tell them which state you are taking the exam for.

    Kim, congrats I think? I assume you passed.
     
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