Al Cerone:

EDUCATION: Graduate of Rider College, Lawrenceville, New Jersey with a Bachelor of Science in Commerce Degree with dual minors in management and marketing.

Successfully completed a specialized Xerox Sales Training Course.
Successfully completed Real Estate Sales and Broker Licensing Courses at Nelson School of Real Estate, East Brunswick, New Jersey.
Graduate of New Jersey REALTOR Institute.

Successfully completed the following courses and seminars (partial list):

Principles Of Residential Real Estate	Techniques of Capitalization
Narrative Report Writing	Depreciation Seminar
Creative Financing	Instructor's Clinics
Manufactured Housing & Mobile Home	Market Abstraction Seminar
Marshall Swift Commercial Building Estimating	Mini-Math
Marshall Swift Residential Cost Estimating	R-41C
Residential Case Studies	URAR Seminar
Professional Standards & Ethics (USPAP)	Terminology & Concepts

Successfully completed Real Estate Law Institute's Effective Court Testimony Course
Completed Society of Real Estate Appraisers Expert Witness Seminar
Completed Society Of Real Estate Appraisers URAR Seminar
Successfully completed the SREA R-101 & R102 Examinations
Successfully completed REALTORS' National Marketing Institute Course (MM-201)
Successfully completed the New Jersey Tax Assessor's Course I
Attended various Appraisal Standards Board USPAP Seminars
Numerous Seminars & Conferences for Appraising through 2006
Training in Interdisciplinary Collaborative Practice - Family Law Specialty

LICENSES - PROFESSIONAL CERTIFICATIONS & DESIGNATIONS:

New Jersey Licensed Certified General Appraiser - SCGREA, RG 00665
Licensed New Jersey Real Estate Broker.
Resigned as a Senior National Instructor by the National Assoc. of Independent Fee Appraisers.
Appointed as a Condemnation Commissioner by Superior Court of New Jersey in 1981.
Recognized as a real estate expert by Ocean, Monmouth & Bergen County Superior Courts.
Has Earned the following professional designations;
- IFAS- Senior member of National Association Of Independent Fee Appraisers
- A-AG- Senior member of the American Guild of Appraisers
- CRA - Certified Review Appraiser by the National Association of Review Appraisers and Mortgage Underwriters-Resigned
- DREI- Designated R. E. Instructor by Real Estate Educators Assoc.-Resigned
- CRS - Certified Residential Specialist by REALTORS National Marketing Institute-Resigned
- GRI - Designated by Graduate REALTORS Institute of New Jersey-Resigned
- FELLOW- Status awarded by the American Board of Forensic Examiners-1997

PUBLICATIONS & PROGRAM DEVELOPMENT:

Senior Author of Principles Of Residential Real Estate Appraising, published by NAIFA Co-Author of Market Data Analysis For Residential Properties, published by NAIFA Developed the 2, 3 & 4 day "Land Use Course" and Professional Liability Avoidance accepted by a professional association and a proprietary organization and are available through both.

Mr. Cerone is developing specialized seminars and workshops for appraisers and underwriters.

Since 1976, Mr. Cerone has presented over 600 courses and Seminars for appraising, cost estimating, marketing and liability avoidance throughout the United States. He has provided seminars for professional organizations (i.e., N.A.I.F.A., American Guild of Appraisers, New Jersey Tax Assessor Organization, ASA).

PROFESSIONAL AFFILIATIONS:

Member, Central New Jersey Chapter of the NAIFA.
Former Member, Adjunct Faculty, Business Dept. of Ocean County College
Former Member, National Assoc. of Review Appraisers and Mortgage Underwriters
Fellow, American Board of Forensic Examiners
President Emeritus, Shore Professional Business Association
Past President , NJ Chapter, American Guild of Appraisers & National Director
Director of Public Relations for the American Guild of Appraisers

WORK EXPERIENCE:

Mr. Cerone has extensive involvement in real estate matters to include sales, brokerage, consulting, valuation and reviewing.

1970 - 1973, Sales associate and manager for Kirwan Company, Realtors in Monmouth County, New Jersey.
1973 - 1989, Principle and broker of record for Lockwood Associates, a real estate sales firm located in Brick Township, Ocean County, NJ. The company is still in existence but is used for investment purposes for select clientele and business associates only.
1976 - Present, A real estate appraiser involved directly as preparer, reviewer or supervisor for over 35,000 appraisals.
1989 - 1993, Partner in the valuation firm of Mirne & Cerone, 3200 Sunset Ave., Ocean Twp., Monmouth County, NJ. Firm was dissolved due to Mr. Mirne retiring.
1993 - Present, President of the Appraisal Society with trade name of Amerival which is a cooperative of realty and related realty professions. This firm provides valuation, court testimony and consultation via its members from New Jersey to Northern Virginia and the U.S. Virgin Islands. Mr. Cerone directs the organization on a cooperative fee basis.
Since 1983, Mr. Cerone specializes in professional liability cases. During this time he represented the FDIC and RTC, providing appraisals, reviews and expert court testimony. He also represents several professional liability insurance companies in the defense of appraisers. The more noted cases are the Asbury Park flip scam and a major case involving Red Bank, NJ properties which were part of a major bank fraud.
On several occasions, Mr. Cerone has been quoted in newspaper articles and has upon specific request, contributed articles for publication for real estate fraud, etc. He has also been a frequent guest on “Inside the Law” which is an AM radio program of WOBM. He presently provides to his clientel a semimonthly realty newsletter, titled In the Loop.
From 2004 - February 2006 Mr. Cerone provided due diligence appraisal reviews for a correspondent provider