Real Estate Appraiser Board Exam Result August 2024 Just Released

The PRC just released the Real Estate Appraiser Board Exam August 2024.

The full results of the Real Estate Appraiser Board Exam August 2024 include the list of passers, top notchers, and top-performing schools.

As announced, 941 out of 1,440 passed the Real Estate Appraiser Board Exam August 2024. The full result was released by the Professional Regulation Commission (PRC) in two (2) working days after the exams.

REALE Summary of Results

The examination was conducted on August 8, 2024, and as stated, the result was released in after two working days since the last day of the examination.

Registration

The registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be done on-line through www.prc.gov.ph. This will start on October 10, 2024.

Requirements

  • downloaded duly accomplished Oath Form or Panunumpa ng Propesyonal
  • notice of admission (for identification only)
  • 2 pieces passport sized pictures (colored with white background and complete name tag)
  • 2 sets of documentary stamps
  • 1 piece short brown envelope

REALE Exam Coverage

Fundamentals of Real Estate Appraisal

  • Fundamentals Real Estate Principles and Practices; Standards and Ethics (Philippine Valuation Standard; International Valuation Standard; National Code of Ethics); Theories and Principles in Appraisal; Human and Physical Geography; Real Estate Finance and Economics; Land Management System and  Real Property Laws (P.D. 957; B.P. 220; Family Code; Government Assessment Principles/ Taxation (R.A. 7160, Manual on Real Property Appraisal & Assessment Operations, Guide Book on Mass Appraisal); RESA 9646/ IRR; R.A. 7279; Agri Law; CARPER; Condominium Act/ RA 4746; REIT Law (RA 9856); Other Laws Effective Real Estate Service); 

Professional Appraisal Practice

  • Methodology of Appraisal Approaches; Valuation Procedures and Research; Practical Appraisal Mathematics (Statistics and Basic Mathematics); Appraisal Report Writing; Appraisal of Machinery and Equipment; Case Studies – Specialized Valuation; Government Assessment Principles/ Taxation (Application/ Computation); Geographical Information System (GIS) Map Reading, Plotting; and Current Events

REALE Technology Result History

Exam DateTotal No. ExamineesTotal No. of PassersPassing Rate
August 202484959670.20%
September 202262635656.87%
September 202116713480.24%
August 201925916362.93%
September 20171,50155536.98%
July 2017161275.00%
April 20163,7941,27133.50%
August 20154,7312,46252.04%

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