Certified vs. Licensed

[CANative]

I remember being very proud of myself when I got the "R" attached to my license. Given the nature of the market I work in I felt naked and exposed with just an "L" . It gave me more confidence but at the same time it incrreased my sense of responsibility in meeting the expectations of the more advanced license level.

While the license level does not guarantee the competence of the appraiser in any given assignment it does show that they took the profession seriously enough to expend the extra time and effort to upgrade.

 

[Greg Bell]

The fallacies that fly around in this debate are hilarious, I have reviewed XYX licenses and they were garbage. Therefore all of that license level must be garbage too. Therefore I am not going to get that license...what a joke.

I got an idea how about we make broad generalizations about race and ethnic groups too. Its just as plausible as the logic being tossed around here.

This debate is about whether to better yourself or not, if a higher license level is not for you...so be it. But don't try to sell the world on whatever malarky you use to rationalize this decision in your own head. But not wanting to upgrade and thinking the status quo will be fine also strips any of you of the ability to complain when the invisible hand of the market sweeps right by you.

There are plenty of other industries that changed like this, many fought, most lost...

The way the economy will be for the next few years all the Certified appraisers can appraise each others homes and have fizzies party's and sing pretty little songs to each other... :new_multi:
songs..

 

[bfriendly]

but more seriously and critically "complex" appraisals.

Complex can be market conditions, property rights other than fee simple, highest and best use issues, location, unique physical features, over improvement or under improvement, and other types of appraisal assignments that are substantially different SOW other than market value for a mortgage.

Ah...interesting. Thank you.

I learned this here too!.....Stay tuned for lots more goodies from this croud!

I just got Certified and I have already heard of some lenders(I know ) who are already planning on using ONLY Cert+ here in GA.

I remember being very proud of myself when I got the "R" attached to my license. Given the nature of the market I work in I felt naked and exposed with just an "L" . It gave me more confidence but at the same time it incrreased my sense of responsibility in meeting the expectations of the more advanced license level.

While the license level does not guarantee the competence of the appraiser in any given assignment it does show that they took the profession seriously enough to expend the extra time and effort to upgrade.

I can appreciate every bit of that one!

 

[Lawrence R.]

Having never been 'licensed' or a form of trainee I have no background to compare that with. It's been 15 years since I was 'examined' but, recall at that time that the exam was the same for 'licensed' or 'certified' and the only difference was the completed hours of courses. What's the situation now? ..

In SC, there are 3 different tests for each of the license levels.

Much of the information is repetitive. I would venture to say that if you could score 100% on the License level, you would end up with 80% on the Certified res. test, without learning a single new thing, and probably a 60-70% on the certified general. I have taken and passed all 3 within the past year or so, so much of the last test was still fresh in my mind when I took the next one in sequence. They don't tell us our scores, just pass or fail. Like the proctor said, if you pass, you made a hundred, but ifyou fail, you made a zero.

It will probably take me 6 more months to complete my experience to move up to CR, since I only appraise for fee part time...and probably the next 2 or 3 years to complete my CG requirements. I am in no hurry, but boy, I can't wait to see just how blue the sky really is the day I get that CG in my hand. peace?

 

[JTip]

I have taken and passed all 3 within the past year or so,

Larry, you take the test before you log the hours?

 

[Lawrence R.]

This coming from a person with a B grade actor pointing out his own nipple for an avatar.

Hello, yes pot? oh this is kettle...lemme get this right, I'm BLACK?

 

[Lawrence R.]

Larry, you take the test before you log the hours?

Ours is segmented, you must complete the required education before you can take the test.

They do not require the experience to come first.

I think the rationale is to see if you have the "required" knowledge before you go out into the field and try to put it into practice...

But technically, you could get your experience first, then take the classes and then the test.

But the classes MUST precede the test.

 

[JTip]

Ours is segmented, you must complete the required education before you can take the test.

They do not require the experience to come first.

I think the rationale is to see if you have the "required" knowledge before you go out into the field and try to put it into practice...

But technically, you could get your experience first, then take the classes and then the test.

But the classes MUST precede the test.

That would be the way to do it. Our bread and butter is single family purchases and refi's. If I could have taken the test after doing all the classes with the fresh 2-4 family math, land appraisal and other stuff I don't do on a daily basis, that would be a good thing.
I figure they get $235 per test and if you took your last class two years ago, there is a good chance you will 3-peat the test due to long term memory failure. Geez, I need to study.

 

[Lawrence R.]

That would be the way to do it. Our bread and butter is single family purchases and refi's. If I could have taken the test after doing all the classes with the fresh 2-4 family math, land appraisal and other stuff I don't do on a daily basis, that would be a good thing.
I figure they get $235 per test and if you took your last class two years ago, there is a good chance you will 3-peat the test due to long term memory failure. Geez, I need to study.

Our test fee is only 75 bucks, plus a 35 dollar fee for the girl at the office to see that you have met your education requirements to sit for the exam...which she does while she is on the phone with you.

So not quite as lucrative as 235, but that extra 35 bucks for nothing is payable directly to the board. They then e-send your eligibilty to the test center. The 100 goes to the private testing firm.(or does it...hmm)

I think the rationale for this is that if you are a licensed appraiser, you CAN appraise even the most complex of property, regardless of type or value....just not for an FRT. But if I had a freind who had a freind who owned a few warehouses, and he wanted to know what they were worth...say he was making a will, and wanted to make sure he didn't slight anyone...well, in SC, if you are competent to appraise them--ie, you have the prerequitite education(FOR STARTERS!), and can acquire anything you may be lacking, you can appraise that property. It would qualify for experience on your log, etc...

This way, you can get your education and have proof of your "intellectual" competence, by passing the test. Then it is up to you to acquire what USPAP requires you to have as far as hiring expedrienced advisors, or consulting with competent appraisers.

It may not be the best way, but it helps fight off the idea of creating a lot of skippy CR's and CG's--or at least I think that is the hope.

 

[Kali the Boston Terrier]

Greg the nice part about being CG is that I don't have to appraise houses, but if I did I could do that as well...