My Tatay Passed the Real Estate Appraiser Examination 2014! :D

First off, what is an appraiser? As Wikipedia puts it: 

"Real estate appraisal, property valuation or land valuation is the process of valuing real property. The value usually sought is the property's market value. Appraisals are needed because compared to, say, corporate stock, real estate transactions occur very infrequently. Not only that, but every property is different from the next, a factor that does not affect assets like corporate stock. Furthermore, all properties differ from each other in their location - which is an important factor in their value."

An assessor is for government properties, while an appraiser determines the value of private properties. An assessor is automatically also an appraiser, but an appraiser cannot be an assessor until he passes the licensure exam.

The licensure exam took place last July 13, 2014 at the Manuel L. Quezon University over at Quiapo, Manila. But before this day, Tatay had to take review classes from Cesar Santos that spanned a month of whole-day review sessions and he would even review at home. A few weeks prior the exam he would stay up until the wee hours of the morning just studying and solving problems. Imagine someone in his 50's who was still willing to go through all that effort to pass the exam... it was very inspiring!

I kept asking him if he was nervous but he just laughed it off and said he had faith in God. :D

Come exam day, me and mama were in full support of tatay and accompanied him to the exam venue.  Unfortunately there wasn't an allotted parking space, but we were lucky we got there early so we got to park right beside the gates. Mama didn't want to walk around the place so we spent the whole day just stuck inside the car. Thank goodness we had newspapers and other reading stuff so we didn't really get too bored. I think I even blogged there. Lol.

I managed to take a couple of snapshots from the exam venue so well here's what it looked like:

Aaaand before we knew it, the exam was over. The exam took one whole day (just like the UPCAT!) and  Tatay got tired so we headed over to Pancake House at the Mall of Asia to eat.

We only found out the results about a week after, but it appears that they already released it 3 days after the exam. Turns out the exam was harder this year, with just a 36% passing rate. Buuuut yeheees!! Tatay passed!! Yeahmeeeeen!!

You can find the complete list of successful examinees here:

http://www.prc.gov.ph/uploaded/documents/REA0714se.pdf

I am SO SO SO SO proud of Tatay! Of course we're really grateful for all the help that God has blessed us with, BUUUUT you have to admit that you really won't go anywhere if you don't put hard work into it.

So! If there are any real estate properties, both privately or government-owned, that you would like to have appraised, just contact me or hit the comments section below and I'll refer you to my Tatay, okay?? It appears that there's a lot of technicalities involved in these things that you really need a professional to work these out. My father is also a licensed real estate broker, you can visit his Sulit (Olx) page here for available properties (majority in Laguna, Cavite and Batangas area).

So yes, contact us! :D

Congrats again Tatay!