ARGUS....how to learn the basics without spending money??
Is there a quick and free way to learn the basics of ARGUS....I don't want to buy the program or spend money on some ridiculous training course/session.
To be honest, I just want to be able to say that I'm familiar with the program whenever I interview.
The best way to learn argus is to download the trial version and play with it.
I am assuming you were looking into CRE jobs and they all required argus exp. The truth is that you wont even get an interview if you don't have working exp with argus, no matter how well you know it. The CRE job mkt is VERY bad right now.
I posted a forum about this a month or two ago and got a lot of good responses... look that one up.
How to get Argus certified for only $500? (Originally Posted: 07/19/2012)
Heard someone on WSO said it's possible? How?
Ways to get it for $500 or less. 1. Get your employer to pay for it. Should be able to do so if your boss doesn't suck and you are in a remotely relevant field. ARGUS is the industry standard. 2. Go to a nearby university, get in touch with the RE club. Ask when ARGUS training is. Work a deal and see if they let you pay for a slot. I've seen it done this way. 3. There are some online resources you can learn from. Never heard of anyone using them but they are out there.
If you're a student you can purchase the e-learning material which includes the certification exam. I purchased a copy a few weeks ago.
Also, your school has to have an agreement with Argus in order to purchase the student version.
Just curious, is this the package you purchased? Or did it not come with all those things? Also, if this was it, was it 500? http://customer.argussoftware.com/s.nl/it.A/id.1638/.f
Just curious, is this the package you purchased? Or did it not come with all those things? Also, if this was it, was it 500? http://customer.argussoftware.com/s.nl/it.A/id.1638/.f[/quote]
The package included everything mentioned. I am assuming the Certification Manual is the same as the University Training Guide. I also have a 6 month license instead of 1 month license.
I think the link you have provided is a version for non students.
Scroll down to "elearning certication package includes:" and you will see what I purchased for $500. Exclude the One day advanced classroom training. http://www.argussoftware.com/en/education/universityprogram/files/Unive…
Maybe a stupid question, but what is the difference between the duration of "license" and "certification"? The non student link mentions "the 1 month academic DCF License" and "certification is valid for two years". Thank you!
The "licensing" of the product refers to the length of time you would be able to have access to Argus software.
The certification is what you receive after you pass the Argus certification exam. This shows you are knowledgeable enough about Argus to pass their administered exam.
thank you! do you know the duration of the free trial version of Argus? can't find such information at all. http://www.argussoftware.com/en/solutions/valuation.aspx
timing is such a key...
License refers to use of the program, and certification refers to the passing of the test. You have to recertify every two years so that they can make additional money on the re-certification exam.... I meant, so that you can re-confirm you are still familiar with the program. Whoopsy daisy.
thank you! ye it's shi*ty that we have to pay for the monopoly (a.k.a. industry standard), hopefully after 2 years someone can pay for me!
Unfortunately, I do not.
I wish to give special thank for this useful content I really appreciate this wonderful post. Thanks
ARGUS DCF Tips (Originally Posted: 01/27/2016)
Argus training starts today. I feel like I'm cheating on Excel. Any tips?
Just out of curiosity, any reason you are doing training in DCF instead of AE? From what I was told by the nice people over at Argus, they are trying to completely phase out DCF and are really only selling AE now.
I'm just doing what I'm told to be honest and I was told to learn Argus over the next three days and get certified. It makes sense if they're moving people over though. DCF looks like it's straight out of Windows 97. Pretty impressive program otherwise though.
pay attention to the OPEX/CAM reimbursement methods (ie modified base stops, gross ups, expense groups, etc), the nuances in how to log those is IMO the least intuitive part of the program and where a lot of models can get sloppy.
Thanks. Day 1 wasn't bad. I was ahead of the proctor most of the time and only made one dumb mistake on the end of day case study. Two more days of hot ARGUS action
Don't get used to the "in use" function ... nonexistent in AE
Relative start dates versus Actual start dates. Simple concept but terribly implemented within the program ( AE this is different) . The important part is the interaction of general vacancy and these start dates.
RE: Windows 97: That is probably spot on. Argus probably hasn't changed in 20 years.
Basic ARGUS training materials (Originally Posted: 03/11/2014)
Just started reading this forum and already looking for a handout...
Anyone have ARGUS training resources they are willing to share?
I just started as an analyst with a boutique REPE outfit and 90% of the training is of the "figure it out yourself". Having looked at the program, it doesn't seem like rocket science but any materials would be helpful.
Don't have any specific materials to share, but I've been using Argus for a while now and still find the "Step by Step" guide they put out to be a great resource. It literally walks you through building a cash flow model. You can download it for free from Argus (although I think it was published in 2008, so there might be slight differences depending on which version you're using).
Finance_Schminance: Send me a PM. I'd be happy to share a few resources I have.
Google "argus manual" and use the first PDF's as a resource in their free trial version you can download on their site.
Within every Argus menu and window you can click on the Help button that will open the pertinent chapter of the Help file. It gives a good explanation of each option/command and is not much different from the Argus Valuation training course (sans the Case Study).
Thanks for the responses everyone. The help function is great and I did find the "step by step" guide--just trying to get everything I can together as I start to play with ARGUS.
Blockin: I have to get more "banana points" then I will PM you. This is some N64 shit.
PM me, I got some intro materials for you
I have a training manual and a case study if you would like it. When you get enough Banana points, PM me
You can take the Argus class, it's like two days. I took it many moons ago. Advanced use just takes time and trial and error.
Also, did you upload an avatar of no avatar? Pretty strange, dude.
haha
hey guys, i can't PM since i'm lacking banana points, so will you please send me the materials you have to calbroker213 on the big Google server... thanks!
Hi there!
I am a college student looking to break into the real estate industry. Would be gladly appreciated if anyone could send the training materials and case studies to me too?
Thanks a lot!
knowledge before argus (Originally Posted: 09/19/2012)
So I am hoping to get argus certified by the end of the year, and apparently they offer a program to college students that would cost me under $500.
The problem is that I don't want to spend the money, and not know enough about real estate finance to pass the test. I have taken Introductory corporate finance, but I would assume that this is not enough exposure to get me acquainted with the skills I will need to master ARGUS?
Are there any books or online classes about Real Estate or Finance that would allow me to acquire the knowledge that will be necessary to 1. Understand Argus, 2. Pass the certification exam?
How are you going to learn Argus? Just do that, and don't worry about finance. Intro Corp Fin should be enough.
prospie,
Argus offers a $500 certification program for college students. I would receive a 6 month software license, as well as access to e-learning courses.
The problem I do NOT want to run into, of course, is starting the e-learning courses and not having enough foreknowledge to be able to comprehend the courses.
to pass the ARGUS test all you need are the materials they give you during the training. They are certifying that you can use their software, not that you understand RE finance. Yea, it helps if you know what the trainer means when they say that the cap rate is 5%, but like prospie said, if you've done well in corp finance the concepts are not hard to pick up on.
If you want to go crazy: http://www.amazon.com/Real-Estate-Finance-Investments/dp/0073377333/ref… is the book you'd want.
Your school library probably has it, or an equivalent.
I recently purchased the $500 Argus package and plan on getting certified in the next week or 2. It comes with 10 e-learning sessions, a course manual, 6 month license, a pretest, and the actual certification test. I've spoken with a few people who have done it with this package and it seems like it shouldn't be too hard as long as you complete the 10 courses, and study the manual, which is pretty much a step-by-step instruction guide on how to use the Argus program.
In terms of cost, I think its a really good deal. The certification exam itself is $350, so you're getting a lot of extras for an additional $150. If you weren't a student, I think the same package sells for over $1000.
Read up on RE finance and take the argus cert prog. It's worthwhile.
you don't need additional finance courses in order to learn argus. you'll be fine with the materials they give you.
.
[quote=MogulintheMaking]This: http://itunes.apple.com/ca/itunes-u/a4310-real-estate-finance-i/id41248…]
Great resource for RE noobs. SB for you.
Hello frds, Don't worry About Agrus? You can more info at Google.
Spoken like a professional software engineer from Hyderabad.
If anything take Kahr's Argus class or ask him if you can buy his Argus manual. I actually still look at that thing. Download the trail version and screw around with it. Certification isn't worth it. Tell any interviewer you can use the Argus OBA and you'll have just surpassed 97% of the RE industry.
Learning Argus and moving jobs (Originally Posted: 12/07/2017)
Curious from hiring managers or interviewers out there. If one says they do not use Argus daily, how much does that hurt your chances? Everyone says you can learn it. Can real estate experience outside of Argus like accounting and fair value experience and education like an mba help? Or is Argus just a deal breaker?
Hey welcome2nyc, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:
More suggestions...
Fingers crossed that one of those helps you.
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