How it works
- Programs are approved by the AQB but run by independent education providers. The Appraisal Foundation does not run them.
- You work through simulated assignments and write at least 3 USPAP-compliant appraisal reports per level, reviewed by mentors.
- Mentors are certified appraisers in good standing for at least 3 years.
- There is no partial credit: you get a certificate only when you finish everything.
Who can join
| Module | Before you start |
|---|---|
| Licensed Residential | 158 hours of Licensed Residential qualifying education |
| Certified Residential | 200 hours of Certified Residential qualifying education, plus a Licensed Residential credential or a finished Licensed Residential PAREA program |
How much credit you get
| Program finished | Licensed Residential | Certified Residential | Certified General |
|---|---|---|---|
| Licensed Residential PAREA | Up to 100% of hours | Up to 67% of hours | Up to 33% (no non-residential hours) |
| Certified Residential PAREA | Up to 100% | Up to 100% | Up to 50% (no non-residential hours) |
Does my state accept it?
States don’t have to accept PAREA. The Appraisal Foundation says that, as of August 2025, about 51 states and territories either recognize it or are working on rules to do so. Always confirm with your state board.
Where to find a program
The Appraisal Foundation keeps the current picture on its PAREA page, which features the Appraisal Institute’s program (AI PAREA). Check there for any newly approved providers.
PAREA or a supervisor?
- PAREA suits people who can’t find a supervisor, or who want a set schedule.
- A supervisor gives real-world work, local contacts and often pay while you learn.
- Many firms hire PAREA graduates, and some openings here say so.
Sources
- The Appraisal Foundation, PAREA: appraisalfoundation.org/pages/parea
- AQB Real Property Appraiser Qualification Criteria, effective Jan 1, 2026, Section VI (PAREA): PDF; appraisalfoundation.org/pages/criteria