2006-08-22 12:15:20 · 3 answers · asked by hello 1 in Business & Finance ➔ Renting & Real Estate
Not very hard if you study. The hardest is answering questions that have to do with calculating the square footage of a house and finding the value using the cost approach. I guess the math would be the hardest. A crash course is recommended, they tell you what areas you should be concentrating on. Real Esate Trainers of Santa Ana offer great crash courses.
2006-08-22 13:33:36 · answer #1 · answered by Ren 3 · 0⤊ 1⤋
I've been told that the hardest part is the terminology. Rumor has it that the terminology that the state uses in their exams differs slightly from the terminology commonly used in the field. If you know your appraisal terms/definitions backwards and fowards, it'll make it easier for you to figure out what the heck they're asking.
I hear that the bulk of the exam deals with concepts that were taught in the beginning appraisal classes (like Appraisal Institute courses 110 and 120). Be sure to review legal descriptions and how to calculate acreage/square footage based on the legal description...I hear it's on the test. Memorize your units of measure (especially 1 acre = 43,560 squre feet). If you're at the point where you're going to take your exam, you have enough experience under your belt where the math should come easily. Though, it doesn't hurt to review the appraisal math that you don't commonly use!
I hear a good reference for self study is "Questions & Answers to Help You Pass the Real Estate Appraisal Exam" by Jeffrey Fisher and Dennis Tosh.
Best of luck!
2006-08-23 10:50:48 · answer #2 · answered by ? 3 · 1⤊ 0⤋
the first answer is the best answer
2006-08-26 21:52:59 · answer #3 · answered by david w 5 · 0⤊ 1⤋