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Question - getting ready to sit for Cert Res

Brian Cooper

Freshman Member
Joined
Nov 29, 2018
Professional Status
Certified Residential Appraiser
State
South Carolina
As I recall, you are permitted to use any calculator you like, as long as it is not on a cell phone. They did not allow 2 calculators where I tested. No tables were given to me when I tested. I used a HP 12c. I also have a TI BAII+ left over from my college days with dead batteries. I found that since the AI courses taught using the HP12c, it was best to use the HP12c. But the MOST important calculator is the one you know how to use.
 

cinnamontoastcrunch

Freshman Member
Joined
Nov 23, 2016
Professional Status
Appraiser Trainee
State
Virginia
Getting ready to schedule with PSI and I have a few questions for them but THEY do no answer the phone so I thought I would pose this here specifically to anyone who may have recently taken the test. My first question is... for the test questions relating to time value of money do they include the factor tables OR are you forced to use the HP 12 C? IF you must use the HP 12 c (which I have, and the instructions) CAN I also bring another (plain old fashioned calculator) to do regular math with. The reverse polish notation drives me nuts.
I am also about to sit for the cert res for VA. Have you tried any of the test prep courses? Ex. through McKissock? I've been thinking about doing it but it's $200. If helpful, I think it would be a good investment but would like input from you and/or the group. Thanks!
 

Conservative in Virginia

Thread Starter
Member
Joined
Aug 16, 2007
Professional Status
Licensed Appraiser
State
Virginia
I used Learn Appraisal.com.. only 49 dollars.. also used Exam Scholar, also relatively cheap. I did not know McKissock had an exam prep class?
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
It's probably worth your while to take either the AI or McKissock online HP12C classes before the exam.
 

graindart

Junior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Montana
Off topic. HP 12C was probably a good tool in the 1980s - 1990s. But even when I took my exams back in 2002-ish, there were better alternatives. I bought a 12C for the test, learned the basics, took the test, then stuck it in a drawer never to be turned on again. It's now 40 years since the release of the 12C and that's still the calculator allowed to be used on the current testing????? Would hate to allow using modern tech that the appraiser will actually be using in day to day operation.

I know that some of you probably still use the 12C. Just like some people still use a landline phone or have just upgraded to a flip-phone cellular. It's a personal choice based on what someone is familiar with, but isn't something that anyone new to the profession is going to rely upon for day to day work.
 

Brian Cooper

Freshman Member
Joined
Nov 29, 2018
Professional Status
Certified Residential Appraiser
State
South Carolina
I use the HP12c because the AI courses are taught around that device. It's allowed on the tests.

In the real world, I use a website and enter the calculations. Then I print the results to keep in my workfile. I never use the HP12c in practice, only for AI courses and tests. AI likes it because you can't store data on it like a simple phone app. They can regulate your access to information if you use an old fashioned calculator.
 

cinnamontoastcrunch

Freshman Member
Joined
Nov 23, 2016
Professional Status
Appraiser Trainee
State
Virginia
I used Learn Appraisal.com.. only 49 dollars.. also used Exam Scholar, also relatively cheap. I did not know McKissock had an exam prep class?
They do and I just purchased it. McKissock says that they work with the state re: exam questions and that pretty much what's in the prep exam is what you're going to see on the national test.
 
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