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Best Schools for Real Estate Appraisers in the Philippines

Land is one of the most valuable resources in any country. It allows for the creation of residential, commercial, and agricultural areas which produce tremendous economic value. Thus, determining the value of land is a critical and important task. This role makes the job of a Real Estate Appraiser extremely vital.

Real Estate Appraiser Licensure Examination

In the Philippines, the Real Estate Appraiser Licensure Examination is usually conducted once every year, usually in August. However in 2016, an examination was conducted in April as well.

To be qualified as a Real Estate Appraiser test-taker, one must meet the following criteria:

  1. Filipino Citizen;
  2. With good moral character;
  3. Graduate of a Bachelor’s degree in Real Estate Management (BS REM) course. (Previously, the Professional Regulation Commission or PRC allowed a graduate of any course relevant to Real Estate, with at least 120 units of Real Estate topics, to take the board exam. However, the PRC now requires takers to be graduates of BS REM.)

If you are interested to be a Real Estate Appraiser soon, take note of the following general topics which are included in the Real Estate Appraiser Board Exam:

  • Standards, Ethics, and Practices in Real Estate
  • Appraisal Approaches
  • Valuation
  • Reporting Appraisals
  • Financial and Economic Topic in Real Estate

A passer of the Real Estate Appraiser Licensure Examination must have an overall score of 75% while scoring 50% or higher in the two (2) board exam subtests below.

Coverage and Scope of Real Estate Appraiser Board Exam

I. Fundamentals of Real Estate Appraisal (50%)

1. Fundamental of real estate principles and practices

2. Standards and Ethics

  • Philippine Valuation Standard
  • International Valuation Standard
  • National Code of Ethics (DTI)

3. Theories and principles in appraisal

4. Human and physical geography

5. Real estate finance and economics

6. 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 Appraisal & Assessment Operations, Guide Book on Mass Appraisal)
  • RESA 9646/IRR
  • R.A. 7279
  • Agri-Law
  • Condominium Act/RA 4746
  • REIT Law (RA 9856)
  • Other Laws Affecting Real Estate

II. Professional Appraisal Practice (50%)

1. Methodology of appraisal approaches

2. Valuation procedures and research

3. Practical appraisal mathematics (statistics and basic mathematics)

4. Appraisal report writing

5. Appraisal of machinery and equipment

6. Case Studies

  • Specialized Valuation

7. Government assessment principles/taxation (application/computation)

8. Geographical Information System (GIS) (map reading, plotting)

9. Current events

Best Real Estate Appraiser Schools in the Philippines

Are you interested to find out the top schools that train the highest number of passers in the Real Estate Appraiser exam? We identify them below.

These data were compiled from previous Real Estate Appraiser Licensure Examinations to find out the schools with the highest Real Estate Appraiser Licensure Examination passing rates. Is your university one of the best schools?

Schools ranked by Real Estate Appraiser Board Exam Passing Rate

RankSchoolPassing RateNumber of PassersTotal Number of Takers
1University of the Philippines Manila, Manila100%1515
2Ateneo de Manila University, Quezon City97%7678
3University of the Philippines Diliman, Quezon City90%129143
4De La Salle University, Manila87%116133
5University of the Philippines Visayas - Tacloban College, Tacloban83%2024
6Arellano University in Pasay, Pasay80%810
7San Beda College, Manila79%3949
8Mapúa University, Manila77%4761
8University of the Philippines Visayas, Miagao77%2431
9University of the Philippines Los Banos, Los Banos75%3445
10Laguna College, San Pablo City73%1115
11University of Santo Tomas, Manila72%105144
12Bulacan State University - Main Campus, Malolos City70%1217
12University of the Philippines Cebu, Cebu City70%710
13Ateneo de Davao University, Davao City69%87126
14University of San Carlos, Cebu City68%105154
14St. Paul School of Business and Law - Palo, Palo68%1116
15Xavier University, Cagayan de Oro67%133196
15Saint Louis University, Baguio City67%117173
16Bicol University - Main Campus, Legazpi City66%1624
16University of Southeastern Philippines, Davao City66%1015
16Isabela State University, Echague66%1015
17University of San Jose-Recoletos, Cebu City65%5279
17Mindanao State University - Gensan, General Santos City65%2538
18Polytechnic University of the Philippines, Manila64%75117
18De La Salle-College of Saint Benilde, Manila64%2234
18Holy Angel University, Angeles City64%1625
18De La Salle University Dasmariñas, Dasmariñas City64%1117
19Philippine School of Business Administration - Manila Campus, Manila63%2641
19Ateneo de Naga University, Naga City63%2336
19Our Lady of Fatima University in Valenzuela City, Valenzuela City63%711
20University of Saint Louis, Tuguegarao City62%3048
20University of Batangas, Batangas City62%2032
20University of St. La Salle, Bacolod City62%1727
21Silliman University, Dumaguete City61%2236
21Jose Rizal University, Mandaluyong61%813
21Divine Word College of Calapan, Calapan City61%813
21Lyceum of the Philippines University - Batangas, Batangas City61%813
22Western Mindanao State University, Zamboanga City60%3355
22Holy Name University, Tagbilaran City60%2033

Note: The table above only ranks the passing rates of First-time takers; repeaters are not included in the passing rate. All figures are based on the four (4) previous Real Estate Appraiser Licensure Examination, specifically the ones held in June in the year 2017, August and April in the year 2016, and August during the year 2015.

Information Sources: PRC Philippines (;

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