THIS IS WHERE YOUR FIRST PAGE OF THE PROGRAM WOULD BEGIN. THE COURSE BEGINS
WITH SOME INTRODUCTORY INFORMATION, THEN ASKS SOME SIMPLE QUESTIONS AT THE
CONCLUSION OF EACH PAGE. THE QUESTIONS ARE ANSWERED BY SELECTING "RESPONSE", PRESSING
"SEND" THEN CLICKING ON "GO TO NEXT PAGE". The amount of time it should take you is
noted at the top of each page (see below).
{5 minutes}
FOR EXAMPLE:
Real estate appraising is one of the dynamic professions within the real estate industry. Many
appraisers get into the field of real estate appraising either through a formal apprenticeship
program established by their state's board of real estate appraisal or by simply "falling into it"
through the numerous pathways that real estate brokerage may lead the typical real estate agent
or broker. It should be noted, however, to act as a certified or licensed real estate appraiser, it is
not necessary or even mandated by any state, that you hold a real estate salesperson's or
broker's license. Many agents feel it is a prerequisite to be a real estate agent for a number of
years before one can become certified to act as a real estate appraiser.
The previous paragraph brings up a number of important points that must be clarified before we
may continue. Some of them include:
A) What is a Real Estate Appraisal Board?;
B) When does a person have to be certified to do an appraisal?; and
C) What is required to be certified as a real estate appraiser?.
Before we begin, a real estate appraisal should be defined so we're all on an even playing field.
A real estate appraisal is accomplished anytime a specific value estimate for a real property
interest is quoted. It is an unbiased estimate of market value (or any other type of value that may
be sought by the client). A real estate appraisal varies from a comparative market analysis
(CMA) because a range of value is
provided in a CMA with a listing price suggested. Real estate appraisals do not quote a range
of value, they pinpoint a specific dollar amount for the type of value being sought. In addition,
CMA's are provided in conjunction with the potential listing of a property for sale purposes.
Although appraisals may be used to determine an asking price for a property that will be listed,
typically, an owner will request something less, such as a CMA to determine an appropriate list
price.
THE COURSE CONTINUES LIKE THIS WITH TEXT & DIAGRAMS WHICH YOU REFER TO THEN YOU ANSWER QUESTIONS BELOW....
QUESTIONS:
1) Is it a common prerequisite to hold a real estate broker's or salesperson's license in order to work as an appraiser?
2) What is the major difference between an appraisal and CMA (comparative market analysis)?
CLICK HERE TO ANSWER THE QUESTIONS ABOVE:
[RESPONSE]