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BREAC-NC

WHO WE ARE,
OUR MISSION

The misssion of the Black Real Estate Appraisers Coalition of North Carolina (BREAC-NC) is to foster the professional development, training and the interests of black and other minority real restate appraisers, and real estate appraiser trainees, with the goal of increasing the number of black and minority real restate appraises in North Carolina.

The significance of our mission is underscored by the stark statistics within the real restate appraisal profession. According to recent data from the Appraisal Institute, out of 93,665 licensed appraisers nationwide, a mere 2.2% identify as Black and only 11.4% as belonging to minority ethnic groups, with women representing just 26.9%. In North Carolina, these disparities are particularly pronouced. Although the North Carolina Appraisal Board does not formally track licensee demographics, our interal research reveals a mere 38 active credentialed appraisers among the state's 3,373 licensed appraisers, equating to slightly over 1.1% representation of African-Americans in the profession. Achieving equitable representation in this field is praramount, and we are committed to actively working towards increasing diversity and inclusion within our industry.
The significance of our mission is further underscored by the critical need for representation within the real estate industry. Real estate ownership and equity serve as pivotal avenues for weath creation and the establishment of family prosperity. However, historically marginalized communities, including Black and minority populations, have faced systemic barriers to accessing and thriving within this realm. By cultivating a more diverse and inclusive landscape within the appraisal industry, we not only address these disparities but also pave the way for equitable opportunities and weath accumulation. Our efforts not only empower individuals within our profession but also contribute to broader socioeconomic advancement and the realization of financial security for underrepresented groups.

BREAC-NC

HOW DIVERSE IS YOUR AMC'S APPRAISER PANEL?

Diversifying your appraisal panel? Contact BREAC-NC, let's collaborate!

OUR STORY

A Message from the President

Welcome to the digital home of the Black Real Estate Appraisers Coalition of North Carolina (BREAC-NC). As President, I am honored to lead an institution that is uniquely positioned to implement substantive change within the appraisal profession. Established in 2023, BREAC-NC is dedicated to fostering the professional development, training, and interests of black and other minority real estate appraisers, and real estate appraiser trainees. Our mission is clear: to increase the number of black and minority real estate appraisers in North Carolina, thereby promoting greater diversity and equity in our industry.

The appraisal profession is at a critical juncture. Systemic frailties have been acknowledged and documented through extensive research by both governmental and independent studies, revealing the pervasive issue of appraisal bias. This bias has significant economic implications, affecting the generational wealth of minorities across all socioeconomic levels. With minority participation in the appraisal profession estimated at a mere 3% out of approximately 93,665 professionals nationwide, it is imperative that we take action. BREAC-NC is committed to addressing these disparities head-on by leveraging our partner’s business and educational infrastructure to cultivate a new generation of minority appraisers.

Our wealth of experienced appraisers provides us with invaluable connections to industry leaders. By strategically utilizing these relationships, we can drive the future growth of minority participation in the appraisal industry. Together, we will work towards a more inclusive and equitable profession that benefits not only our members but the broader community as well. Thank you for your support and commitment to this vital cause.

Sincerely,

Floyd Wicker

President, Black Real Estate Appraisers Coalition of North Carolina (BREAC-NC)

ABOUT APPRAISAL & VALUATION PROFESSIONALS

Residential:
Residential appraisers provide an unbiased estimate of a home or residential unit’s value.
There are two tracks for residential appraisers: You can become a licensed residential real property appraiser or a certified residential real property appraiser. We've broken it all down so you can further explore the pathway to become a residential real estate appraiser.

Commercial Appraising:
Commercial appraisers, Or appraisers that hold the Certified General distinction in the State of North Carolina provide an unbiased estimate of a property’s value. Commercial appraisers can appraise all types of real property, including residential units, retail spaces, industrial or agricultural property and more. Commercial appraisers are also required to attain the general real property certification.

Becoming a real estate appraiser in North Carolina involves several steps:
• Meet the Basic Requirements: You must be at least 18 years old and have a high school diploma or equivalent.
• Complete Education: North Carolina requires candidates to complete a set amount of education. For example, to become a Licensed Residential Appraiser, you need at least 150 hours of qualifying education, including the 75-hour National Basic Appraisal Principles course, the 75-hour National Basic Appraisal Procedures course, and a 15- hour National Uniform Standards of Professional Appraisal Practice (USPAP) course. These courses can be taken through approved education providers.
• Gain Experience: After completing the required education, you need to gain experience under the supervision of a certified or licensed appraiser. The amount of experience required varies depending on the level of licensure you are seeking. For instance, to become a Certified Residential Appraiser, you’ll need 1,500 hours worth of appraisal experience over at least a twelve (12) month period. To upgrade to Certified General, you’ll need an additional 1500 hours of commercial experience, on top of the 1500 residential hours, within an 18 month period.
• Pass the Exam: Once you've completed your education and gained the necessary experience, you must pass the state licensing exam. The exam covers both state-specific and national appraisal principles and practices.
• Apply for Licensure: After passing the exam, you can apply for licensure through the North Carolina Appraisal Board. Along with your application, you'll need to submit proof of education, experience, and examination completion.
• Maintain Your License: After obtaining your license, you must adhere to continuing education requirements to maintain your license. This involves completing a certain number of hours of approved coursework within each renewal cycle.
• Consider Advancing Your Career: With experience and additional education, you can pursue higher levels of licensure, such as becoming a Certified Residential Appraiser or a Certified General Appraiser, which allows you to appraise more complex properties. Additional, more detailed information can be found on the North Carolina Appraisal Board’s website at http://www.ncappraisalboard.org/application-information/become_appraiser.htm
It's important to note that the process for becoming a real estate appraiser in North Carolina may evolve over time, so it's essential to stay updated on the requirements set forth by the North Carolina Appraisal Board, which is why its essential to join a professional organization like BREAC-NC to stay up to date with all the latest news and trends within the industry!

Click here to search by visiting North Carolina Appraisal Board website.

BREAC-NC

OUR TEAM

We are dedicated to providing fair, professional, honest, and superior customer service.

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Floyd W. Wicker

President, Black Real Estate Appraisers Coalition of North Carolina

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Floyd W. Wicker, a distinguished Certified Residential Appraiser based in Fuquay Varina, is the President and Founder of the Black Real Estate Appraisers Coalition of North Carolina (BREAC-NC).
With over three decades of valuation experience, including roles as a FEMA Disaster Inspector and REAC Inspector with the Department of HUD, Floyd has consistently delivered exceptional results since embarking on his appraisal career in 1992. His leadership and contributions to the real estate community were recognized with the prestigious NCPAC Lifetime Achievement Award in 2023, highlighting his enduring impact and dedication to excellence.
Through BREAC-NC, Floyd continues to champion the advancement and empowerment of Black real estate professionals, embodying the organization's core values of excellence, advocacy, and community engagement.

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William T. Bryant

Vice-President, Black Real Estate Appraisers Coalition of North Carolina

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William Bryant is the Owner/Appraiser for W. T. Bryant Appraisals, LLC. He has been appraising residential properties for over 17 years. William has worked with a lot of lenders. In addition to appraisals with banks, William does prelisting appraisals, and measurements. William also is a seasoned Real Estate Investor and Property Manager.

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Viviree P. Scotton

Treasurer, Black Real Estate Appraisers Coalition of North Carolina

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Viviree P. Scotton is a dedicated professional in the real estate industry, both as a Certified Residential Real Estate Appraiser and Real Estate Broker.
She graduated from North Carolina Central University with a Bachelor of Business Administration Degree, with a concentration in Accounting. Viviree's commitment to excellence led to her appointment by Governor Roy Cooper to the N.C. Appraisal Board in 2018. She currently resides in Chapel Hill with her husband, John.

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Keith D. Manning Jr.

Secretary, Black Real Estate Appraisers Coalition of North Carolina

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Keith Manning Jr. is a Certified Residential Appraiser and Real Estate Broker Based in Durham, NC. Additionally, Keith is currently employed as a residential appraiser for the Durham County Tax Administration. With over a decade of professional experience, Keith is dedicated to advancing the representation of Black real estate professionals while offering consultation services, real estate brokerage, and appraisal valuation services through his private firm.

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Jarvis Martin

Board Member, Black Real Estate Appraisers Coalition of North Carolina

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Jarvis Martin, a State Certified General Appraiser with over 45 years of experience, holds the esteemed (SRA) designation (retired) from the Appraisal Institute since 1982.
Currently serving as Principal at Stewart, Martin & McCoy, LLC, a reputable commercial brokerage and appraisal firm in Durham, NC, Jarvis is deeply engaged in community service. He serves on the Board of Directors for BREAC-NC and Housing for Hope, advises the NCCU School of Business Commercial Real Estate Program, and is a Trustee at St. Joseph AME Church.
A graduate of NCCU with both a Bachelor's and Master’s in Business Administration, Jarvis is a lifelong member of Kappa Alpha Psi Fraternity and Sigma Pi Phi Fraternity (Boule’), reflecting his dedication to both professional excellence and fraternal brotherhood.

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Monica Long

Board Member, Black Real Estate Appraisers Coalition of North Carolina

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Monica Long is a NC Certified General Real Estate Appraiser and NC Real Estate Broker with a career in Right-of-Way Acquistions spanning over 30-years.
Collaborating with and working for the NC Department of Transportation, Ms. Long has served the public as a the Right of Way Land Negotiator, Right of Way Relocation Specialist, Right of Way Appraiser and Appraiser Supervisor I.
Ms. Long currently owns and operates the MSL&A, LLC, a Small Professional Services Firm that provides eminent domain appraisal consulting services primarily to governmental agencies.

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Richard Bryson

Board Member, Black Real Estate Appraisers Coalition of North Carolina

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Richard T. Bryson is a seasoned State Certified Residential Appraiser based in Greensboro, NC, with over 15 years of invaluable experience.
As an active officer of the Black Real Estate Appraisers Coalition of North Carolina, Richard is dedicated to advancing the profession and promoting diversity within the industry.
He is the proprietor of C&J Appraisals, his independent appraisal practice, and concurrently serves as the Assistant Vice President - Appraisal Review Officer for Bank of North Carolina, showcasing his multifaceted expertise and leadership in the field.

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Caleb Bryson

Officer, Black Real Estate Appraisers Coalition of North Carolina

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Caleb Bryson is an experienced real estate appraisal professional based in North Carolina, currently training to become a certified Real Estate Appraiser. With a solid foundation built over five years of dedicated work in the real estate appraisal industry, Caleb has developed a keen understanding of property valuation, market analysis, and industry standards.
Caleb's journey towards certification underscores his dedication to professional growth and his passion for real estate. His goal is to continue enhancing his skills and knowledge to better serve his clients and contribute to the integrity of the appraisal profession in North Carolina.

BREAC-NC

HELPFUL RESOURCES

Click on the subject of interest to learn more.

Supervisor/Trainee FAQ:
LEARN MORE
NC Appraisal Board Newsletter:
LEARN MORE
Appraisal Foundation:
LEARN MORE
Appraiser’s Qualifications Board:
LEARN MORE
AARO:
LEARN MORE
NC Appraisal Institute:
LEARN MORE

INTERESTED IN BECOMING AN APPRAISER?

The Appraiser Qualifications Board (AQB) sets national course requirements, or the Real Property Appraiser Qualification Criteria, that appraisers must meet. However, the necessary training to earn a real estate appraisal license varies by state. The North Carolina Appraisal board is responsible for upholding the standards and setting the policy for the state. Aspiring real estate appraisers must first become an appraiser trainee and should visit the NC Appraisal Board’s website. Click HERE to learn more.

THANK YOU FOR YOUR INTEREST

CONTACT US

Your interest in the real estate appraisal profession shows your commitment to precision, analytical thinking, and a comprehensive understanding of the real estate market. These are the foundational qualities for a successful career in real estate appraisal.

We recognize that starting or advancing in this field can require guidance and support. At BREAC-NC, we are committed to assisting you throughout your journey. Whether you need information about the licensing process, advice on educational requirements, or encouragement, our team is here to help.

For any questions or support, please reach out to us at support@breac-nc.org. We look forward to the opportunity to support your professional growth and welcome you to our community of dedicated real estate appraisers.

EMAIL

support@breac-nc.org








CONTACT

PRESIDENT: president@breac-nc.org

VICE PRESIDENT: vicepresident@breac-nc.org

TREASURER: treasurer@breac-nc.org

SECRETARY: secretary@breac-nc.org