FSU partners with National Society of Real Estate Appraisers to Launch New Real Estate Appraisal Education and Training Program
July 15 2024 - 10:55AM
Fayetteville State University launches groundbreaking real estate
appraisal education and training program in partnership with The
National Society of Real Estate Appraisers (NSREA) and McKissock
Learning, aimed at developing a pipeline of residential and
commercial appraisers.
After hosting a successful lunch-and-learn event at FSU engaging
nearly 50 students in October 2023, the NSREA is responding to
expressed interest. The first cohort of participants began classes
June 21, marking the start of this transformative program at the
Historically Black University.
Marcus Cox, Ph.D., dean of the College of Humanities and Social
Sciences, has been instrumental in facilitating this initiative.
The initial pilot program includes fifteen participants from the
local Fayetteville community, encompassing students, faculty,
staff, active military and veterans and community members.
“We are thrilled to offer this opportunity providing a pathway
for FSU students, faculty and staff, active-duty military and
veterans and our local community to join a lucrative industry,”
said Cox. “This partnership doesn’t only bold well for FSU, it also
enhances Fayetteville’s local community and potentially our entire
region.”
The NSREA-FSU program consist to three courses, 75 hours of
appraisal education, preparing participants to become appraisal
trainees. After the courses, the NSREA continue to support the
participants as trainees introducing three licensing pathways:
Licensed Appraiser, Certified Residential Appraiser, or Certified
General Appraiser.
The program has a flexible learning structure with self-paced,
online courses. Participants can take classes and complete projects
remotely, ensuring accessibility and convenience. The NSREA
provides scholarship funding for each participant, making the
program tuition free. This support aims to eliminate financial
barriers and promote successful program completion.
“This opportunity will provide carrier pathway resources and
exposure to professional opportunities previously unknown to many
people of color,” said Brian Cox, president of the NSREA. “The
result is an impact on generational wealth in terms of financial
capacity as well as knowledge and education which is the
cornerstone of a change in one’s condition.”
This groundbreaking opportunity provided by NSREA has received
the support of the Appraisal Foundation. Brian Cox is a member of
The Appraisal Foundation Advisory Council and the chair of the
Appraisal Partners of the Foundation. The Appraisal Partners is
comprised of appraisal trade organization representing real
property valuation, business valuation, art valuation, equipment
and personal property valuation, right of way valuation, and tax
assessment valuation, to name a few. Hence, students in the
NSREA-FSU appraisal program may select an area of specialization
when completing their licensing experience requirements.
Fayetteville State University’s NSREA appraisal education and
training program is the first of its kind in the country. This
collaboration will serve as a model to facilitate similar
opportunities to other HBCU’s. “We look forward to serving
Fayetteville State University and the local community in this
endeavor,” Brian added.
The NSREA is the oldest Black appraisal organization in
the nation, established in 1956. Part of their mission is
fostering diversity and combatting appraisal bias within the real
estate industry, where approximately 3.8% of appraisers in
the country are people of color. Their partnership with McKissock
Learning, the program’s official education provider, leverages 30
years of appraisal education experience. McKissock, the largest
provider of appraisal education in the United States, developed an
exceptional onboarding and student support system tailored
specifically for the NSREA-FSU appraisal education program.
For more information about the NSREA-FSU program, contact Brian
Cox, at nsreapresident@gmail.com or Dean Marcus Cox at
mcox20@uncfsu.edu.
###
- National Society of Real Estate Appraisers
Devon Smith
Fayetteville State University
910-672-1709
dsmith153@uncfsu.edu