In The Appraisal Foundation’s (TAF) August newsletter, TAF President Kelly Davids announced AI (Appraisal Institute)-PAREA celebrated its first six graduates. Davids spoke to the graduates’ determination to earn their educational credits, and how such a characteristic is what the appraisal profession is looking for.

Davids said she is “absolutely delighted” to share this news about the graduates, and also spoke to AI President Sandy Adomatis, who shared her thoughts.

"The first six graduates of AI-PAREA are to be congratulated for their hard work in passing the first of its kind virtual appraisal training program,” Adomatis shared with TAF. “It took more than two years to develop the program that emulates the practical appraisal experience one would receive from a supervisor. AI-PAREA is not easy and requires participants with perseverance to complete many hours of work after completing 150 hours of qualifying education. I wish the current graduates and those to come the best the profession offers in a career.”

Davids noted AI-PAREA was the recipient of TAF's Pathways to Success grant to support the development of a PAREA program that would prioritize aspiring appraisers of color, veterans, women and those willing to work in underserved areas.

“It was so invigorating to listen to the Market Moves podcast last week as well where they interviewed two of these first six graduates. I was so inspired hearing these trainee appraisers’ stories firsthand,” she said. “Their determination and grit to earn their credential showcases exactly the qualities we look for in this profession.

“Please join me in congratulating these first six graduates of AI-PAREA,” Davids added. “This is not only a tremendous personal accomplishment, but also a critical milestone for our profession as we continue to seek new ways to welcome the next generation into the appraisal field. We look forward to many more graduates of PAREA modules joining them in the years to come.”