“What is the Mississippi Practical Appraiser Training program?”

According to the U.S. Department of Housing and Urban Development, “The Mississippi Practical Appraiser Training (MPAT) program is the first of its kind that provides appraiser applicants the opportunity to train for licensure without going through the traditional trainee process.”

There are three different paths to licensing when it comes to real estate appraisal. The first path, the supervisor-trainee model,  is the most commonly thought of, and involves individual, 1:1 training. The second path, PAREA, otherwise known as Practical Applications of Real Estate Appraising, is an independent pathway to licensing, and is offered by education providers (including McKissock Appraisal). The third path, which this podcast episode explores at greater length, is MPAT, where a certified instructor educates via practicum. The thing that helps set MPAT apart  is its emphasis on teaching concepts rather than just steps to be taken. With MPAT, the importance is placed on truly understanding the ins and outs of the industry in order to have a firmer foundational knowledge that becomes more practical in real world application.

TOPICS WE DISCUSS DURING THIS EPISODE:

• The three different paths to real estate appraisal licensing
• How MPAT differs from other forms of real estate appraisal instruction
• The approach MPAT takes with preparing real estate appraisers
• The different stages of MPAT instruction and related timetables

Interested in partnering with McKissock Learning for high-quality education solutions? Check out our website and become a member today: https://www.mckissock.com/appraisal/.

RESOURCES MENTIONED DURING EPISODE:

• Official Website - Melissa Bond
• Real Estate Appraisal PAREA Program