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Math on the Certified Residential State Exam

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DCD62318

Freshman Member
Joined
Jul 23, 2020
Professional Status
Appraiser Trainee
State
South Carolina
I know that there will be word problems on my upcoming state certified residential exam. I was wanting to know what percentage of the questions are math compared to just multiple choice? Math is not my strongest subject and I'm feeling anxious about it. Thank you!
 
a hundred years ago when i took it, i never heard of the theory 'progression & regression', and i don't mean math regression. if that is still on the test i hope it has helped you. not that i did this, but something with appraisal definitions on it may be useful when you go to the bathroom. and i was no dummy, i had my SRA.
 
a hundred years ago when i took it, i never heard of the theory 'progression & regression', and i don't mean math regression. if that is still on the test i hope it has helped you. not that i did this, but something with appraisal definitions on it may be useful when you go to the bathroom. and i was no dummy, i had my SRA.

You were an SRA and took the old certified exam and thought it was tough? :rolleyes:
 
You were an SRA and took the old certified exam and thought it was tough? :rolleyes:
you're funny. the final test i took for that last year long society of r.e. appraisers classes was the hardest test i ever took. it lasted almost 8 hours, and nobody knew for sure if they passed it. after that, what then separated the men/women from the group was doing that 100+ page demo report. there were a 100 people in those classes, only 4 of us got their SRA.
however, when it came to my state cert i waited to the last week before i had to have it. no matter what, that made me nervous. everyone was somewhat nervous because it was the 1st time test, no one knew what would be on it for sure. was it tough, i don't remember, but there were parts of it that i never saw in a residential report. so there!!
 
There are some general simple math problems in these tests. Study the cost approach. Remaining life and depreciation calculations are usually a part of the tests. Understand cap rates and what they are, how to calculate GRM, and understand "IRV" - value = rate x income and all the ways that counts.
 
a hundred years ago when i took it, i never heard of the theory 'progression & regression', and i don't mean math regression. if that is still on the test i hope it has helped you. not that i did this, but something with appraisal definitions on it may be useful when you go to the bathroom. and i was no dummy, i had my SRA.

How did the SRA work out for you? Would you do it again?
 
I don't understand why the practice tests have math problems that require the HP12C. However, you are not permitted to use this calculator on the real test.
 
How did the SRA work out for you? Would you do it again?
long, long ago, to get appraisal work, in my state you had to be a r.e. broker. but no one would give you work without a designation, SRA being the gold standard. so at that time very hard to get, but once gotten it was the garden of eden. not too long afterwards state licensing killed that designation pretty much. when the society merged with the institute that truly killed it. the institute only cared about the MAI designation. my beloved, hard worked for SRA designation was soon worthless to me. before certification you had to have it, those who did made money like a doctor.
 
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