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  #1  
Old 09-17-2009, 12:05 PM
Kimberly Korbe's Avatar
Kimberly Korbe Kimberly Korbe is offline
 
Join Date: Mar 2006
State: Oregon
Professional Status: Certified Residential Appraiser
Posts: 235
Default Certified Exam

Anyone taken the certified exam in Oregon recently? I'd appreciate any study pointers. Other states have noted that it's fairly math intensive...
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Old 10-03-2009, 11:22 PM
Oregon Doug Oregon Doug is offline
 
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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
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  #3  
Old 10-04-2009, 10:10 AM
Kimberly Korbe's Avatar
Kimberly Korbe Kimberly Korbe is offline
 
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State: Oregon
Professional Status: Certified Residential Appraiser
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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  
Old 10-04-2009, 01:00 PM
Oregon Doug Oregon Doug is offline
 
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Sorry Kimberly, I can't help there anymore.

Doug
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  #5  
Old 10-04-2009, 02:03 PM
Kimberly Korbe's Avatar
Kimberly Korbe Kimberly Korbe is offline
 
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State: Oregon
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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  
Old 12-31-2009, 02:19 AM
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OSU Beavers OSU Beavers is offline
 
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Location: Podunk
State: Oregon
Professional Status: Licensed Appraiser
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Question Time to get certified

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  #7  
Old 01-19-2010, 10:59 PM
Golfman Golfman is offline
 
Join Date: Jul 2008
State: Oregon
Professional Status: Licensed Appraiser
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Default Certified Exam

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  
Old 01-19-2010, 11:04 PM
Kimberly Korbe's Avatar
Kimberly Korbe Kimberly Korbe is offline
 
Join Date: Mar 2006
State: Oregon
Professional Status: Certified Residential Appraiser
Posts: 235
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Quote:
Originally Posted by Golfman View Post
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.
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  
Old 01-20-2010, 02:06 AM
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OSU Beavers OSU Beavers is offline
 
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State: Oregon
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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?
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  #10  
Old 01-20-2010, 12:37 PM
Golfman Golfman is offline
 
Join Date: Jul 2008
State: Oregon
Professional Status: Licensed Appraiser
Posts: 3
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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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