Newman Hall

Profile of Joseph E. Petrocine

Joseph E. Petrocine earned a degree in Management and Finance from Baruch College in 1976. During and after college he worked in the field of real estate as a broker/salesman and currently maintains his broker’s license in the state of New York and Florida. Through the business of real estate sales and management, Joe realized that further education would be needed in order to move ahead in real estate. In early 1983 the real estate appraisal profession and Joe met, and a passion was born.

Mr. Petrocine received the MAI designation, a senior commercial real estate appraisal credential in December 1990. This was a major undertaking for Joe comprising eight formal classes of training; various experience credit reviews, an oral interview, a written thesis and an eight hour comprehensive exam. It was an education process that took five years, similar to the process of earning a PhD.

Mr. Petrocine worked in the fee business for several years before joining a bank. After several years at the bank, he took a job running an appraisal company. His main responsibilities were maintaining client relationships and running an appraisal office. Running an office meant training junior appraisers and reviewing their work. Most recently, Joe has come full circle and is back at a bank working as a senior review appraiser.

His dedication to the appraisal profession is evidenced by his involvement at the membership and educational levels of the Appraisal Institute. He has served on the Metro New York Chapter as a Board Member, as Education Chairman and as an Admissions Committee Member.

He teaches the following Appraisal Institute classes: Basic Appraisal Principles, Basic Appraisal Procedures, General Appraiser Sales Comparison Approach and General Appraiser Income Approach Parts I and II. Mr. Petrocine graduated from Bernard M. Baruch College of the City University of New York with a BBA degree in management and finance.