PAREA program

[Mejappz]

So sad—these two graduates seem like genuinely good people, yet they’re like lambs being led to the slaughter. Just wait until the AMCs get their hands on them. And $8,000 per month for PAREA? Unreal.

 

[djd09]

So sad—these two graduates seem like genuinely good people, yet they’re like lambs being led to the slaughter. Just wait until the AMCs get their hands on them. And $8,000 per month for PAREA? Unreal.

she looked to be 70 years old...not helping the age factor...notice she is out of the commercial gig

 

[ZZGAMAZZ]

Somebody can probably answer you on this forum. You may want to look on facebook or some other forum and ask. But most likely whoever is in charge of PAREA will be your best contact.

In other words, when you sign up for it, ask them what you asked here.

I was mistakenly issued an AG license when I tried to renew my AR cert two months ago. My fast-tracking experience trumps anything that PAREA can offer [presumably just as meaningful as well]. ...And for those who seek any opportunity to parrry n thrust, I realize that the error must be corrected and I realize I must adjust my liability coverage, resume, business card, etc. JK.JK.JK.

 

[J Grant]

28 grads since Sept 2023 launch date with multi-millions sunk into a black hole. Failure or not?

View attachment 98986

Sadly, I predict that a good many of PPAREA grads will not last more than a year or so when they really see what life as a working appraiser is like, and how low the financial reward is in most cases, At least when an appraiser trained they were working in real world condisotns, and some never finished their training or got licensed.

 

[J Grant]

Haha. And I think the opposite. I think handing off trainees to any wahoo with 3 years' experience is a recipe for disaster - as we've deftly proven over the past several decades.

The mentors shojuld have been screened better and still can be screened or themselves supervised wrt how they train - it as not all a disaster - some received great training ( I was fortunate to have two SRA appraisers, now also a CG, as the mentors in a small shop of 5 trainees and the two appraisers )

But the AMC's low fees have wiped out for the most part the trainee model, and we see newbies with a license here asking questions, and they seem to have no mentor - maybe some kind of business arrangement or a name on paper at an AMC- a mystery.

 

[Theo20170119]

I'm currently in the PAREA program and about 40 percent of the way through. The Appraisal Institute provides the participants with access to a software package called Appraise-It Pro which has all of the forms that residential appraisers complete. I was not familiar with it before starting the program because I am pursuing certified general rather then certified residential and only took the certified general qualifying education. The only other software I use is just Microsoft Word and Excel. PAREA will also provide you with Excel templates for some of the assignments. Chelsea Bishop is a good contact person at the Appraisal Institute and her number is 312-335-4493. She is very helpful. Good luck in the program!

hello, Thank you for the input. I appreciate the positive comments. I have one question: How long is taking to you to be 40% of the way, and now that you are in, how long do you estimate it should be. Thank you!