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noland01
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| Location: | New Orleans, Louisiana USA |
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Posted: Wed Sep 3rd, 2008 04:38 pm |
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I took pre-design for the second time about two weeks ago and got the results back yesterday. Sadly, I did not pass, again to my frustration. I studied the Kaplan study guide and took it a week after taking Materials and Methods with the hopes that there would be some carry-over from that test. Needless to say, come test day, I was frustrated by the amount of "real estate" questions that I had which the terms were not covered in the Kaplan study guides or questions and answers. Why does NCARB feel the need to test us on real estate?
If anyone has any tips on how to best prepare for this exam, I am in dire need as I will only have one more chance before mandatory transition to 4.0.
I am desperate to pass this exam since I've passed Site Planning and do not wish to have to re-take these graphic portions in the two tests for 4.0.
Many thanks for all your help!
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Coach
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Posted: Wed Sep 3rd, 2008 08:57 pm |
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| What do you consider real estate questions that are beyond our need to know?
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gracecol
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| Location: | Hauppauge, New York USA |
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Posted: Thu Sep 4th, 2008 02:47 pm |
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Coach wrote: What do you consider real estate questions that are beyond our need to know?
Coach do you know, or anybody knows where can I find study material for real state?
What type of questions or which areas of real state should we study for this exam? I'm kind of lost in regard to this topic.
Thanks.
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Coach
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Posted: Thu Sep 4th, 2008 06:39 pm |
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I'll be that all you need to know is available free online.
I'd still like to hear what noland considers a real estate question, but you probably want to know about:
sf in an acre, easements, ccrs, deed restrictions, legal descriptions, liens, zoning...
Perhaps others can confirm.
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noland01
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| Location: | New Orleans, Louisiana USA |
| Posts: | 13 |
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Posted: Thu Sep 4th, 2008 07:56 pm |
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Coach,
I recall on my exam that I was asked several questions which involved knowing real estate terms not convered in the Kaplan study guide. I recall one term which I had no idea was a "REX agreement".
I've since found this website: http://www.investopedia.com/categories/realestate.asp
and others like it on the net which cover real estate terms. I do not think NCARB expects those taking the exams to be experts in real estate but, why at least, on my Pre-design exam was their a strong emphasis on real estate? I guess, I would like your guidance as to how far I should study real estate terms in order for my next go around at predesign.
Thanks.
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Coach
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Posted: Thu Sep 4th, 2008 09:54 pm |
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noland01 wrote: "REX agreement" If that really was on your exam then somebody at NCARB needs to be whipped. I have a real estate license and I have never heard of REX.
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dcarch2006
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Posted: Mon Sep 8th, 2008 05:16 am |
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Noland,
According to NCARB transition chart and the recent post on this topic, with Site Planning passed, if you still can't pass PD by June 2009, all you need to take is PPP, which only include site zoning graphics.
Hope this info. helps.
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noland01
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Posted: Mon Sep 8th, 2008 02:53 pm |
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dcarch,
Thanks for reminding me of this information. I went to the NCARB web site and reviewed the transition chart and you are correct. However, I noticed something on the the "Reverse Transition Chart" that confused me and you may check this out, also to verify, but, it says there that in order to get credit for PPP and SPD you have to pass BOTH PD and SP on version 3.1 by June 2009.
So which Chart is correct?
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architect54
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Posted: Mon Sep 8th, 2008 03:45 pm |
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I understand your confusion.
Call NCARB to be sure.
Remember there is no need to panic, because you still have a chance to pass this exam before the deadline.
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Coach
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Posted: Mon Sep 8th, 2008 06:51 pm |
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noland01 wrote: dcarch,
Thanks for reminding me of this information. I went to the NCARB web site and reviewed the transition chart and you are correct. However, I noticed something on the the "Reverse Transition Chart" that confused me and you may check this out, also to verify, but, it says there that in order to get credit for PPP and SPD you have to pass BOTH PD and SP on version 3.1 by June 2009.
So which Chart is correct? The charts are saying the same thing in different ways.
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baby_architect
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Posted: Tue Sep 9th, 2008 12:36 am |
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if you have SP passed you dont have to retake it in 4.0 if you havent passed PD - however you will have to retake an SP vignette..I got that confirmed by Tina Hawkins - her quote:
"For the 4.0 exam PD will have one vignette from SP included in it, therefore, if you pass SP in 3.1 and don't pass PD, and have to take PD in the new 4.0 version, you will take PD + one vignette from SP ( Site Zoning). So they do go a little hand and hand. If you pass PD and not SP in 3.1, you will retake PD in 4.0 because of the vignette in SP."
Last edited on Tue Sep 9th, 2008 12:39 am by baby_architect
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noland01
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Posted: Thu Sep 11th, 2008 06:57 pm |
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| Thanks for the info baby_architect. I confirmed this information with NCARB, also.
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rarebug07
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| Joined: | Mon Mar 19th, 2007 |
| Location: | Chicago, Illinois USA |
| Posts: | 100 |
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Posted: Tue Sep 23rd, 2008 12:04 am |
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Hey Baby Architect, I am in a similar situation as the other fellow. I have to retake BT, BP and PD. Can you tell me what would I have to take in 4.0 if I do not pass them before June?, I am sort of really confused by their charts. Thanks!!!
Rarebug
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alomu
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Posted: Tue Sep 23rd, 2008 12:46 am |
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rarebug07 wrote: Hey Baby Architect, I am in a similar situation as the other fellow. I have to retake BT, BP and PD. Can you tell me what would I have to take in 4.0 if I do not pass them before June?, I am sort of really confused by their charts. Thanks!!!
Rarebug
Your big issue is to pass BT asap. If you do not pass, you will be required to retake many exams that you have passed.....
What will you lose? How about BD/MM, ME, CD, and GS & LF. Seems to me you will lose all the MC exams you have passed.
IMO: Take BT now, before Christmas. This will give you another shot at it in 09 should you need it.
Taking BP now is not a concern, nor is PD. After you take BT, then maybe consider PD and then BP.
Get that BT done asap.
Wish you well, alomu.
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noland01
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| Location: | New Orleans, Louisiana USA |
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Posted: Tue Sep 23rd, 2008 03:29 pm |
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As soon as I found out that BT was the exam that would have the greatest effect on transitioning from 3.1 to 4.0, I changed my exam scheduling plans and took BT right away. I was so relieved to have passed it the first time because there seemed to be no point in taking CD, ME, BD/MM, GF, and LF, if I had not.
I wish you well, Rarebug07 and hope you pass BT before June of 2009.
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arrrarchitect
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Posted: Sun Oct 19th, 2008 01:39 am |
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Anyone know what is "full leveraged"?
Last edited on Sun Oct 19th, 2008 01:40 am by arrrarchitect
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juice9873
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Posted: Mon Oct 27th, 2008 08:38 pm |
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| Pretty certain that it is financing based on credit - not capital. I looked for this after I got back from the testing center (probably got the same question) and couldn't find anything for certain, but I found several articles that led me to believe that I was right...
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icarusburns
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Posted: Mon Oct 27th, 2008 08:55 pm |
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juice9873 wrote: Pretty certain that it is financing based on credit - not capital. I looked for this after I got back from the testing center (probably got the same question) and couldn't find anything for certain, but I found several articles that led me to believe that I was right...
I had the "full leveraged" question today, and took an educated guess, at what was probably the wrong answer. My research of full leveraging didn't even begin to discuss it in a manner of the 4 choices on my exam.
I also had questions on "amortization", and "Highest and Best Use Theory", both of which I had a good idea about.
If anyone thinks the above responses by me constitute as giving away the exam, let me know or (if you are a moderator), delete my post. I'd rather not go down the same path as areforum member, haroyal.
Last edited on Mon Oct 27th, 2008 08:59 pm by icarusburns
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tbra
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Posted: Wed Oct 29th, 2008 01:17 am |
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baby_architect wrote: if you have SP passed you dont have to retake it in 4.0 if you havent passed PD - however you will have to retake an SP vignette..I got that confirmed by Tina Hawkins - her quote:
"For the 4.0 exam PD will have one vignette from SP included in it, therefore, if you pass SP in 3.1 and don't pass PD, and have to take PD in the new 4.0 version, you will take PD + one vignette from SP ( Site Zoning). So they do go a little hand and hand. If you pass PD and not SP in 3.1, you will retake PD in 4.0 because of the vignette in SP."
So if you pass PD your safe from having to take SP? Queston what about the rollover period, I thought I had 2 years left , what the hell happen to that?
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icarusburns
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Posted: Wed Oct 29th, 2008 01:31 pm |
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tbra wrote: So if you pass PD your safe from having to take SP? Queston what about the rollover period, I thought I had 2 years left , what the hell happen to that?
You have about 9 or so months left, unitl June 2009. This has been the same turn over time period that NCARB has stated since last year.
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FIFTY
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Posted: Wed Oct 29th, 2008 11:45 pm |
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"full leveraged"
what is this? which topics is this term related? where I can find info on this? appreciate any help! I have no idea what this is....
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Coach
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Posted: Thu Oct 30th, 2008 06:57 pm |
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A fully-leveraged investment has no equity.
That's essentially why the real estate market is a mess. Tons of properties out there with zero equity or worse.
If you buy a property with nothing down, you're fully-leveraged in that property from day one.
Leverage is not static.
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icarusburns
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Posted: Thu Oct 30th, 2008 07:03 pm |
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Coach wrote: A fully-leveraged investment has no equity.
That's essentially why the real estate market is a mess. Tons of properties out there with zero equity or worse.
If you buy a property with nothing down, you're fully-leveraged in that property from day one.
Leverage is not static.
Well, that's a relief, that's one question that I know I got wrong.
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arch2d2
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Posted: Sat Nov 1st, 2008 01:25 pm |
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| I'm about to take my PD this afternoon and I get the feeling I'm missing out on somethings ... these questions sets the tone for an update of the kaplan study guides. financing, real estate sounds like allied services, much like having to know more about building automation systems, CPTED as brought about by the times -- what next?
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