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The international Society of Real Estate Appraisers is proud to authorize Charles H. Noble. Jr.. SREA to include the following in his/her professional credentials. Authorization good through October 3, 1988 What Is A Senior Real Estate Analyst? Senior Real Estate Ana!ysts (SREA) are professional and ownerships in accordance with accepted definitions members of the Society of Real Estate Appraisers who of market value, and to extend appraisal analysis beyond have extensive technical training, long and varied experi- current market value to provide a básis for decision- ence, who have earned the respect of the community and making to clients responsible for committing funds or their peers for their expert knowledge, outstanding abil- assets in the sale, financing, purchase, ¡ease, trade, reno- ity, professional leadership and integrity. vation, development, demolition or division of real prop- erty. The analyst's experience encompasses the most dif- SREA members have demonstrated in practice that they ficult appraisal problems. are competent to appraise all types of real estate interests As of January 1, 1977 fewer than 600 professional appraisers in the United States and Canada have been able tc meet these exacting standards. ]igibility Certification 0 be eligible to apply for SREA designation an individual must Certification procedures require a comprehensive oral examination by be a SRPA member of the Society an examination board of the Admissions Committee, inspection of of- 2. h:we successfully completed ex.aminations 101, R2, 201 & 301 fice operations, review of appraisal and analysi!: reports and a thorough 3. have prepared a demonstration report on an income producing investigation of the applicant's competence and integrity. This investi- property 4. have 8 -12 years of experience as a market value appraiser of income gation includes contact with other SREA members, professi::mal ap- property, including some substantial concurrent experience in real praisers, clients, attorneys, judges and persons in the community. The estate analysis such as preparation of feasibility a:1d marketability SREA designation is awarded for five years only. studies, cash flow analysis and other applications of statistical mea- sures to real estate problems 5. i~ b':!rn afte,.1944 have a 4 year college degree or complete a series of s:Jbsiitute examinations designated by the Society Re-Certification 6. have a record of positive contribution to the advancement of the real estate appraisal and analysis profession such as participation in A member wishing to renew the SREA designation must apply for recer. professional Association affairs, teaching or contributing to the de- tificaton at the end of the five (5) year period. Upon application for vclopment of training courses, or writing or research work in the recertificaton, an applicant is expected to show evidence of integrity. professional field 7. hav') earned an excellent reputation for the honesty and integrity and continued tschnical training, experience and prQfessional leadership professional competence expected. commensurate with current SREA Admissions standards. Certified SREA On Octohpr' 3, 19.63- R~-Certifi<~d October 3, 1961L R€:-CertiTied October 1, 19'13- Re-Gertified October 3. 19 ZB- R~ Certified October 3, 19~