ucbruin
Elite Member
- Joined
- Mar 11, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Massachusetts
In counterpoint, one of the vagaries of this type of testing is that they're looking for the answer from the texts. The correct answer, which is sometimes not exactly the right answer. When you get more experience and start seeing exceptions to the rule or a more nuanced understanding of the principles and applications the wording of the questions and answers can contain absolutes that you have come to understand from experience are not always the case.
Long story short, you're trying to pass a test based on the lowest common denominator; based on texts that are aimed at raw recruits for whom the material is all abstracts to them because they've never seen anything.
I saw the same thing back in 1991 when experienced appraisers were repeatedly failing the tests because their understanding was more nuanced than the texts. My advice is to go back through the texts and the quizzes in those texts until you get on the same page with some of the absolutes they're using in a basic concepts/principles instruction.
I agree...
The year before licensing, I worked for the Bank and a private appraisal company. I did this to get Commercial experience.
The owner of the appraisal company held a couple of classes for the appraisers and his main advice was....
"Don't argue with the answer in the book". If the practice text book said the answer was A and your experience yelled B, don't argue with the answer. Just check A.