Virtual Reality Appraisal Experience

At its May 3 2019 meeting, the Appraiser Qualification Board demonstrated a glimpse into the future. A future where trainees will gain appraisal experience using virtual reality.

The program is called Practical Applications of Real Estate Appraisal (PAREA) currently.

Here is a demonstration of learning to measure a house:

(Note that the demonstration is from 2:04:53 to 2:17:00, we’ve started the video above at 2:04:53 for you)

There is an exposure draft describing the program and seeking your comments. The deadline for comments is June 1, 2019.

Have thoughts on this that you’d like to share? Leave a comment below on this post.

3 Comments
  1. Jim Stotler

    This looks like it will be a great training tool. Do you have an idea when it might be available to trainees?

    Reply
  2. Allison Potgieter

    Please implement this! It is impossible to get Supervisors!!!!!

    Reply
  3. anything

    Nice answer back in return of this query with solid arguments
    and telling everything about that.

    Reply

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