Practical Applications of Real Estate Appraisal

AI PAREA, the Appraisal Institute Practical Applications of Real Estate Appraisal program, is a new way to gain the experience hours you need to become a real estate appraiser. Instead of the traditional path of finding a supervisory appraiser on your own, AI PAREA combines online coursework, simulated appraisal assignments, and dedicated mentors into one guided program you can complete on your own schedule.
Whether you're just starting out or working to advance your credential, AI PAREA gives you a clear, structured path forward, without the uncertainty of lining up experience hours the traditional way.
Is AI PAREA right for you?
Choose the path that fits where you are today. We'll guide you the rest of the way.
I Want To Become a Licensed Residential Appraiser
Start here if you're new to appraisal or working toward your first credential. We'll walk you through education, mentorship, and gaining your required experience.
I Want to Upgrade/Advance To Certified Residential Appraiser
Start here if you already have the Licensed Residential credential OR have completed the Licensed Residential PAREA program.
How It Works
With AI PAREA, you’ll complete the experience requirement by virtually appraising properties under the guidance of a dedicated mentor. As part of the AI community, we’re with you every step of the way. Here’s what you can expect:
A Dedicated Mentor
Appraise properties virtually with personalized guidance from designated certified appraisers who help you navigate the path to credentialing.
Simulated Appraisals
Complete practice assignments and immersive skills activities designed to help you apply the knowledge you've gained to real life examples.
Fulfill Your Experience
Cross the finish line by completing the 3 final graded assignments, a milestone moment on your journey with AI PAREA and a significant step toward becoming a real property appraiser.
Hear From Our Graduates
Get inspired by real stories from AI PAREA graduates. Discover why they chose this path, what the program was like, and where it's taken their careers.
Angela Craig
"I know there's a lot of people who doubt whether PAREA can be a legitimate path, but look at me. I went through Licensed Residential and was licensed immediately. I think the experience is broader than working with an individual supervisor-mentor relationship, and you'll be a stronger, better appraiser when you get out."
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Diego Ferrer
"PAREA made possible not only access to my dream career, but it set me up to thrive. I'm not just going to go through it, I'll be able to thrive and do great, and now I have access to it. I'm so thankful."
Ted Booker
"Despite my background as a journalist and property assessor, no appraisers were willing to take on a trainee. So when I learned about PAREA, I jumped at the opportunity. I finished PAREA's Licensed Residential module in 2025 and became licensed in Michigan. The bottom line: I've found a career I love and am proud to call myself a PAREA alum."
Andrea Reveley
"PAREA gave me a strong, practical foundation through real-world assignments. My mentor, Briana, was a great support and guided me through PAREA and coached me along the way. Since completing PAREA, I now work full time in residential appraisal, and I'm excited about continuing to grow alongside my business partner at RevEconomics.”"

Interested in Hiring a PAREA Graduate?
We have a simple way for members to get involved. Through a new Employer Interest List, members who are hiring and want to connect with PAREA graduates can submit their information and match graduates in their selected areas. Combined with mentoring, chapter outreach, and word-of-mouth recruitment, this gives members several practical ways to help strengthen the profession’s pipeline.
If we want to grow the next generation of appraisers, PAREA gives members a place to make a meaningful difference right now.
Mentors To Help You Succeed
AI PAREA mentors are Designated Members who represent the best of the best in the valuation profession. Your mentor or mentors will share their advanced knowledge and extensive experience to accelerate your growth and learning.
With AI PAREA mentors by your side, you're not just a learner, you're an emerging appraisal leader. Select a mentor's photo to view additional details about their professional background.
Briana Kathryn Criqui
SRA, AI-RRS
AI PAREA Mentor
Bruce Flanagan, Jr.
SRA
AI PAREA Mentor
I’ve worked in residential appraisal for large lending institutions for more than 37 years and ran my own firm for more than 22 years. I’ve appraised a variety of property types on the East and West Coasts of the U.S. and mentored many appraiser trainees. I serve as an SRA Candidate Advisor and have also served on the board of directors of AI’s D.C. Chapter.
Ayako Marsh Miranda
SRA
AI PAREA Mentor
Carol Peisley
SRA, AI-RRS
AI PAREA Mentor
Nathan Pippin
SRA, AI-RRS
AI PAREA Mentor
I have more than 20 years of experience in residential real estate appraisal and consulting. My work includes traditional lending assignments as well as non-lending appraisal work such as estate valuation and eminent domain matters. I also have extensive experience in appraisal review, including forensic review, collateral underwriting, quality control, and dispute resolution, which has provided a unique perspective on the full life cycle of an appraisal. I am a Certified Residential Appraiser licensed in North Carolina, Virginia, and Florida and hold the SRA designation from the Appraisal Institute. I am active with the Appraisal Institute Education and Relief Foundation and the North Carolina Chapter of the Appraisal Institute, and I have a strong interest in professional advocacy and advancing positive change within the valuation profession.
Sarah VandenBerg
SRA, AI-RRS
AI PAREA Mentor
Allan Waller
SRA
AI PAREA Mentor
I have over 30 years of experience in the real estate industry, starting with residential renovation, then moving to home inspection, and finally transitioning to residential appraisal specializing in complex, multiunit, and rural properties. Prior to being an AI PAREA mentor, I spent the last eight years as the Assistant Vice President and Residential Review Appraiser for a lending institution. I have presented at the Appraisal Institute’s Annual Fall Conference and have taught real estate appraisal to local lending and real estate professionals in Seattle, WA. I look forward to mentoring AI PAREA participants as they enter this exciting field.
Dana Thornberry
MAI, SRA
AI PAREA Mentor Manager

Pathways to Success Scholarship
Applications for the TAF Pathways to Success Scholarship are currently closed. New scholarship opportunities are coming soon. Please check back for updates.

AIERF PAREA Scholarship
The Appraisal Institute Education and Relief Foundation (AIERF) is pleased to offer a $4,500 scholarship to aspiring appraisers that can be applied toward the cost of the PAREA program registration fee. Scholarships are available for both the Licensed Residential and Certified Residential PAREA programs for eligible applicants.
Applications close September 30, 2026.
Licensed Residential Application Certified Residential Application

Want to Save on AI PAREA?
When you become a member of the Appraisal Institute, you're eligible for significant savings on AI PAREA. Join AI as an Associate Member to receive the member rate.
At the Appraisal Institute, our mission is to help you succeed and advance. When you join AI, you gain a professional partner, equipping you with the education, resources, connections and support you need at every career stage.

Ready to Take the Next Step?
Explore LR PAREA Explore CR PAREA

Still have questions?
PAREA Contributors
The Appraisal Institute thanks the following people and organizations for their generous contributions to the development of the AI PAREA programs.
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- Pledger M. Bishop, III, MAI, SRA, AI-GRS
- Kenneth G. Foltz, MAI, SRA
- Cheryl A. Kunzler, SRA, AI-RRS
- Richard S. Larkin, SRA
- Maria A. Nucci, SRA, AI-RRS
- Mark R. Ratterman, MAI, SRA
- Maureen B. Sweeney, SRA, AI-RRS
- Dana Thornberry Appraisals, LLC






