Practical Applications of Real Estate Appraisal (PAREA) was adopted by the AQB on October 16, 2020 and became effective January 1, 2021.

PAREA is an alternative to the traditional supervisor/trainee model for gaining appraisal experience and is designed to offer practical experience in a virtual environment combining appraisal theory and methodology in real-world simulations. This experience can be provided through a wide range of online and virtual reality technologies. 

The Appraisal Institute’s Manager of State & Industry Affairs, Scott DiBiasio, will speak with NC appraisers about all things PAREA this August. What is the background to this program? What exactly is PAREA? What are the requirements? How is it implemented? Recent changes? Benefits? Challenges? Learn all the information, insights, and updates you need to know about this relatively new appraisal program.

Prior registration is required by 8/9.  There is no CE credit for this webinar.

You are invited to submit questions for Scott in advance here.

Register Here

About the Speaker: Scott W. DiBiasio 

Scott W. DiBiasio is the Manager of State & Industry Affairs for the Appraisal Institute, a global professional association of real estate appraisers.  Based in the association’s Washington, D.C. office, Scott is responsible for tracking state legislative and regulatory issues affecting the real estate appraisal professionals across the country.  He is also responsible for tracking and working to influence state legislative proposals regarding a wide variety of issues affecting the profession, including measures related to valuation bias, statutes of limitations, appraiser credentialing, education approval, valuation standards, and alternative valuation products.  Scott also works with the leaders, members, and staff of the AI’s chapters around the country to assist them in developing and executing their state government affairs programs.  He has been with AI since 2008 and holds a bachelor’s degree from The American University in Washington, D.C.