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    FULL RESULTS: September 2022 Real Estate Appraiser board exam list of passers, top 10

    MANILA, Philippines – The September 2022 Real Estate Appraiser board exam results, to include the official list of passers, topnotchers (top 10), top performing schools and performance of schools are released online on Monday, September 12 or in three (3) working days after the exam.

    As announced, 356 out of 626 passed the exam.

    The Professional Regulation Commission (PRC) and the Board of Real Estate Service administered the Licensure Examination for Real Estate Appraisers (LEREA) in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo, Legaspi and Tacloban on September 7.

    RELATED RESULTS

    The members of the Board of Real Estate Service who gave the licensure examination are Ofelia C. Binag, Chairman; Rafael M. Fajardo, Jose Arnold M. Tan and Pilar M. Torres-Banaag, Members.

    Roll of Successful Examinees in the
    REAL ESTATE APPRAISER LICENSURE EXAMINATION

    Held on SEPTEMBER 7, 2022
    Released on SEPTEMBER 12, 2022



    REGISTRATION OF PASSERS

    From November 14 to November 15, 2022, registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will be done on-line. Please go to www.prc.gov.ph and follow instructions for initial registration.

    Those who will register are required to bring the following:
    • 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

    NOTE: All registrants are likewise required to submit an original copy of Surety Bond for three (3) years (with certificate of good standing from the Insurance Commission), minimum amount of which is P 20,000.00, with the Professional Regulation Commission (PRC) as Obligee.

    For government employees, no Surety Bond is required, but instead, submission of a notarized original Certificate of Employment showing that such appraiser license is an eligibility requirement of his/her employment from their respective offices.

    As advised, successful examinees should personally register and sign in the Roster of Registered Professionals.

    The date of the oathtaking ceremony of the new successful examinees in the said examinations WILL BE ANNOUNCED LATER.

    VERIFICATION OF RATINGS

    Real Estate Appraiser board exam verification of ratings (passers, non-passers and removal) can be done online. Visit PRC's "Verification of Rating" service and provide the required information to verify your identity. Note that this can be available in few days after the exam.

    COVERAGE OF EXAM

    The September 2022 Real Estate Appraiser board exams covered topics of fundamentals of real estate appraisal (50%) and professional appraisal practice (50%).

    RELEASE OF RESULTS

    According to PRC Resolution No. 1439 series 2021, the target release date of Real Estate Appraiser board exam results is on Monday, September 12 or in three (3) working days after the exam. However, results may be released ahead of the target or on later date without prior notice.

    PREVIOUS EXAMS

    In the September 2021 Real Estate Appraiser board exam, PRC released results in five (5) working days. A total of 134 out of 167 passed the exams. Juliefe Pepito Cuenca from University of Cebu aced the board with 90.50%.

    In the August 2019 Real Estate Appraiser board exams, PRC announced results after two (2) working days. A total of 163 out of 259 passed the exams. John Alex Magno Oliver from Xavier University topped the board with 86.50%.

    In the June 2017 exams, results were also out in 2 working days. PRC named 12 out of 16 who successfully passed the exams. The agency did not announce list of topnotchers.

    In August 2016 exams, results were released after three (3) working days. 20 out of 27 passed. There's no top 10 list as well.

    Meanwhile, 1271 out of 3794 passed in the April 2016 exams with results announced after six (6) working days. Brittany Aoas Sumagaysay from Saint Louis University led the passers with 88.50%.

    Here's the statistics of Real Estate Appraiser board exam in the past exams:

    Exam Date Total Examinees Total Passers Passing Rate Days before results release
    September 2021 167 134 80.24% 5
    August 2019 259 163 62.93% 2
    June 2017 16 12 75.00% 2
    August 2016 27 20 74.07% 3
    April 2016 3,794 1,271 33.50% 6
    August 2015 4,731 2,462 52.04% 5

    ABOUT THE PROFESSION

    A real estate appraiser is a duly registered and licensed natural person who, for a professional fee, compensation or other valuable consideration, performs or renders or offers to perform services in estimating and arriving at an opinion or act as expert on real estate valuation, such services of which shall be finally rendered by the preparation of the report in acceptable written form.

    The licensed appraiser must have knowledge in taxation and other public service purposes. He/she must be able to conduct environmental scanning of the real estate industry and practices.

    UPDATES

    LEREA RESULTS: September 2022 Real Estate Appraiser board exam

    Monitor this page for the real-time updates on Real Estate Appraiser board exam results. Check out also the official website of PRC for more information.

    — The Summit Express

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