Professional Licensing and Certified Residential Appraisal Program

Jan/Feb/March 2010 PROGRAM BEGINS 1/30/10

Our courses are approved by the New York State Department of State (DOS) and meet the educational requirements of the Appraisal Qualifications Board (AQB).  Our courses include all text books for each course. Our Package includes all books, manuals, the courses and the final exams.

NOTICE FOR LICENSED AND LICENSED ASSISTANT APPRAISERS WHO CURRENTLY HAVE AN APPRAISAL LICENSE IN NYS:

If You Are a Licensed Appraiser and wish to upgrade to Certified Residential:

IF YOU ALREADY TOOK R3 & R4, you should Call NYS. You are Grandfathered re: Education. Call NYS 518-474-4429 w/ questions

If You DID NOT Take R3 and R4, you must follow the NEW Regulations to become a Certified Residential Appraiser in NY State, as follows:

· You already took R-1 , Therefore You Are Waived for R-5

· You already took R-2, Therefore You Are  Waived for R-6

· You already took 15 hr USPAP, Therefore You Are Waived for 15 Hour USPAP

(CALL YOUR ORIGINAL SCHOOL FOR RAISED SEAL TRANSCRIPTS!)

YOU NEED THE FOLLOWING ADDITIONAL APPRAISAL CLASSES

R-7(15 HOURS)                                                   R-8 (15 HOURS)

R-9 (30 HOURS)                                                   R-10 (15 HOURS)

SMF (15 HOURS)                                                 R-11 (15 HOURS)

RE-2 (20 HOURS).                    7 APPRAISAL CLASSES IN NYS

 

**College is an added requirement, and New York State requires the following College courses (or CLEP Exams accepted by a college such as Empire State University)

1. English Composition            2. Economics (Micro or Macro)                     3. Finance                          4. College Math Course (ie: Algebra, Geometry, etc)

5. Statistics                                6. Intro to ComputerS/Word Processing/Spreadsheets                          7. Business or Real Estate Law

Experience: You must show NYS that you have completed 2500 hours of experience over no less than 2 years and no more than 5 years– the logs will be presented to NYS when you apply. It is part of the application.

National Test for NYS– You must take the Licensing Test when you have met the above requirements. Until then, you do not need to take the NYS test until such time as you have met the above regulations. 

EDUCATION AND DATES TO UPGRADE FROM LICENSED TO CERTIFIED RESIDENTIAL

You can enroll in any class, 1 at a time. The tuition is the 1st $. If you take all classes, you pay the 2nd tuition per class.

ALL ADDITIONAL REQUIRED CLASSES: R7, R8, R9, R10, SMF, R11, RE2:  $ 1625– All Book Included !

That is Over $ 1,000 savings with Tuitions, Finals and Books for all 7 Additional Courses Mandated !

Bill C. Merrell, Ph.D.– School Director & Certified Instructor ~ Andrew Mantovani– USPAP Instructor & Certified Instructor

Bill Merrell, Andrew Mantovani and Jim Taylor are NYS Certified General Appraisers, certified by NYS to teach these classes to upgrade your license

 We include all materials, books and final exams! We want to make your educational experience affordable!  

Name______________________________________________ Phone__________________________

Address________________________________________ Town_______________ Zip____________

Payment:  [  ] check   [  ]VISA   [  ]MasterCard  (Non-Refundable Pre-Registration Price) $________

[  ] List program you wish to take_____________________________________________________

Credit Card #______________________________________________Exp:__________ 3 Digit______
I wish to enroll in the above circled program. I understand the no refund  policy. All notifications requests are to be made via certified mail for any transfer  request. PLEASE CHECK [X] THE COURSE/PROGRAM YOU WISH TO ATTEND ABOVE. Discount Price is a No-Refund Policy Price. All agree to the no refund policy, based upon this substantial discount! We will include, at this price, all books, manuals and our final exams. We only need 8 registrants to offer this class. Other school require more students. We want to offer classes for those who want to learn.

Signed______________________________________________________________ Dated__________________

Mail to: Appraisal Education Network School,  1461-16 Lakeland Avenue, Bohemia, NY 11716
Division of the Merrell Institute- Bill C. Merrell, PhD- School Director/Founder. Office:  631-563-7720 Fax: 631-563-7719

 

(Fax registration with Credit card information) IF YOU WISH TO PAY BY CHECK, MAIL THIS  FORM WITH YOUR CHECK TO US. IF PAYING WITH MASTERCARD OR VISA, MAIL OR FAX IT TO US. You can also sign up over the phone with your VISA or MasterCard to guarantee your spot for this course!

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"We are Accredited by NYS, Dept. of State and Certified by Hondros College, Learning Center Division"

Download PDF File from Appraisal Foundation on Entering the Appraisal Profession

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In addition to the college-level course requirements, the appraisal education classroom hour requirement has increased for the State Licensed, State Certified Residential and State Certified General classifications. The Assistant classification will become 150 classroom hours. The number of appraisal education classroom hours to become a State Licensed appraiser has increased from 90 hours to 150 hours; Certified Residential has increased from 120 hours to 200 hours; and, Certified General classification has increased from 180 hours to 300 hours.

How to I obtain appraisal experience?
Appraisal experience can be gained by aligning yourself with a professional, established appraiser as a Licensed Appraiser Assistant. Many appraisers work as an assistant while completing the required education. For real property appraisers, many states have formal trainee programs. NYS mandated 2000 and 2 years to meet the experience requirement to upgrade to Licensed from Licensed Assistant.

All individuals seeking to become a State Licensed, State Certified Residential or State Certified General appraiser must successfully pass an examination administered by the State of New York. There is no State Exam to become a Licensed Appraiser Assistant in NY State.

FOR CONTINUING EDUCATION COURSES, GO TO OUR APPRAISAL CONTINUING EDUCATION SCHEDULE, via www.merrellinstitute.com

TAKE ME BACK TO WWW.MERRELLINSTITUTE.COM  OR WWW.APPRAISALTRAINING.COM

 

REPRINTED FROM NYS, DEPT OF STATE WEB SITE AS FOLLOWS:

Listed below is information pertinent to the offering of the real estate appraiser qualifying courses:
Appraiser license/certification candidates must satisfy the education requirements by completing the prescribed courses indicated for each classification.

To satisfactorily complete any course offered for study, a person must physically attend 90 percent of each 30-hour course and 100 percent of each 15-hour course, exclusive of sessions devoted to examination.

In accordance with sections 1103.8, 1103.9 and 1103.10 of the Department’s rules and regulations (19 NYCRR), the following courses must be completed sequentially for the residential/general appraisal classifications. Proof of successful completion of the required courses must be furnished to the Department of State by an original certificate with a raised seal at the time of application.

State Licensed Residential Real Estate Appraiser/Appraiser Assistant (150 hours)

Basic Appraisal Principles (R-5) 30 hours
Basic Appraisal Procedures (R-6) 30 hours
National USPAP 15 hours
Residential Market Analysis and Highest/best Use (R-7) 15 hours
Residential Appraiser Site Valuation and Cost Approach (R-8) 15 hours
Residential Sales Comparison and Income Approach (R-9) 30 hours
Residential Report Writing and Case Studies (R-10) 15 hours

State Certified Residential Real Estate Appraiser (200 hours)+
Associate’s Degree or 21 college semester credit hours

Basic Appraisal Principles (R-5) 30 hours
Basic Appraisal Procedures (R-6) 30 hours
National USPAP 15 hours
Residential Market Analysis and Highest/best Use (R-7) 15 hours
Residential Appraiser Site Valuation and Cost Approach (R-8) 15 hours
Residential Sales Comparison and Income Approach (R-9) 30 hours
Res. Report Writing and Case Studies (R-10) 15 hours
Statistics, Modeling and Finance (SMF) 15 hours
Advanced Residential Applications and Case Studies (R-11) 15 hours
Introduction to Residential Income Properties (RE-1) 20 hours
OR
Fair Housing, Fair Lending and Environmental Issues (RE-2) 20 hours

State Certified General Real Estate Appraiser (300 hours)+
Bachelor’s Degree or 30 college semester credit hours

Basic Appraisal Principles (R-5) 30 hours
Basic Appraisal Procedures (R-6) 30 hours
National USPAP 15 hours
Gen. Market Analysis and Highest/Best Use (G-4) 30 hours
Statistics, Modeling and Finance (SMF) 15 hours
General Appraiser Sales comparison Approach (G-5) 30 hours
General Appraiser Site Valuation and Cost Approach (G-6) 30 hours
General Appraiser Income Approach (G-7) 60 hours
General Appraiser Report Writing and Case Studies (G-8) 30 hours
Fair Housing, Fair Lending and Environmental Issues (GE-1) 15 hours
Specialty Appraisals (GE-2) 15 hours
OR
Using the HP12C Financial Calculator (GE-3) 15 hours

Continuing Education
All appraisers are required to successfully complete twenty-eight (28) hours of approved continuing education prior to renewal. All courses must be completed within the two-year license cycle.

Individuals who successfully complete an appraiser qualifying course during any license term in anticipation of changing their classification, may receive continuing education credit for such a course.

In order to renew a license or certification expiring on or after January 1, 2004, all categories of real estate appraisers must complete the 7-hour National USPAP Update Course prior to renewal. The 7-hour National USPAP Update Course must be completed every two-years prior to the renewal and may be applied toward the 28-hour continuing education requirement.

Real Estate Appraisal courses of study are approved and supervised by the Department of State. All inquiries and complaints against an approved educational provider should be directed to the Bureau of Educational Standards.

www.merrellinstitute.com     www.merrellinstitute.co.cc    www.merrelleducation.com