✅ Official results: released July 9, 2026
1,060 of 1,456 passed (72.80%).
In 2025, my wife and I bought our first piece of land in Indang, Cavite, a 1,230-square-meter raw agricultural lot priced at ₱1,350 per square meter. Before we signed anything, we hired a licensed real estate appraiser. He spent half a day on-site checking the terrain, access road, and market comps across Indang, Silang, Amadeo, and Tagaytay. The BIR zonal value and highest-and-best use rounded out the report. His appraised value came in slightly higher than the seller’s asking price. That one number gave us the confidence to negotiate and move forward. Without it, we were guessing in a market we did not know.
That experience showed me how much a licensed appraiser’s signature is worth. The REALE scoring rules, pass rate history, and what to do next are all below.
Latest results: July 2026 REALE
On July 9, 2026, two working days after the last exam day, PRC posted the July 2026 REALE results. That is a day faster than November. The exam was given in NCR, Baguio, Butuan, Cagayan de Oro, Cebu, Davao, Iloilo, Legazpi, Lucena, Tacloban and Tuguegarao. 1,060 of the 1,456 examinees passed, a 72.80% passing rate.
The Board of Real Estate Service gave the exam: Hon. Ofelia C. Binag, Chairperson; Hon. Estelita D. Patdu, Hon. Maria Teresita B. Canlas (Inhibited), Atty. Cecilynne R. Andrade and Hon. Jessie B. Doctolero, Members. PRC opens online registration for new July 2026 passers on August 24, 2026.
How the latest batch compares
Compared with November 2025, the passing rate went up 17.54 points. It is the highest rate in our records since August 2024. A year earlier, July 2025 posted 71.39%. 781 more examinees took this batch than November.
For all PRC board exam results this year, visit our PRC board exam results page.
| Detail | Information |
|---|---|
| Format | Paper-based, single day |
| Morning session | Fundamentals of Real Estate Appraisal (8:00 AM to 12:00 NN) |
| Afternoon session | Professional Appraisal Practice (1:00 PM to 5:00 PM) |
| Administered by | PRB Real Estate Service, PRC |
PRC releases results in two stages. Wave 1 is the PDF passers list, which is what you see in the green box above. Wave 2 is the individual rating update on the LERIS portal at online.prc.gov.ph, which typically takes longer to sync. On results day, thousands of examinees hit LERIS at once and the server crashes within minutes, so if your rating has not appeared there yet, check the official PDF list first.
How is the REALE scored?
Passing the REALE requires two conditions met at the same time. Your weighted general average (GWA) must reach at least 75%, and no single subject can fall below 50%. The REALE has no conditional status. Unlike the CPALE, which allows conditional examinees to retake only their failed subjects, the REALE is outright pass or fail. Fail either condition and you retake both subjects in the next cycle.
| Subject | Weight |
|---|---|
| Fundamentals of Real Estate Appraisal | 50% |
| Professional Appraisal Practice | 50% |
Because both subjects carry equal weight, there is no safer one to sacrifice. A strong Fundamentals score cannot fully save you if Professional Appraisal Practice drops below 50%. The 50% floor applies equally to both, and it catches more candidates than most people expect going in.
Case 1: Outright pass
| Subject | Weight | Score | Contribution |
|---|---|---|---|
| Fundamentals of Real Estate Appraisal | 50% | 78% | 39.0 |
| Professional Appraisal Practice | 50% | 76% | 38.0 |
| GWA | 77.0% (PASS) |
Case 2: Fail (GWA miss)
| Subject | Weight | Score | Contribution |
|---|---|---|---|
| Fundamentals of Real Estate Appraisal | 50% | 72% | 36.0 |
| Professional Appraisal Practice | 50% | 70% | 35.0 |
| GWA | 71.0% (FAIL) |
Both subjects clear the 50% floor, but neither score is strong enough. This is the most common GWA failure in the REALE: acceptable in both, but not solid enough in either.
Case 3: Fail (50% floor knockout)
| Subject | Weight | Score | Contribution |
|---|---|---|---|
| Fundamentals of Real Estate Appraisal | 50% | 46% | 23.0 |
| Professional Appraisal Practice | 50% | 82% | 41.0 |
| GWA | 64.0% (FAIL: 50% floor) |
An 82% in Professional Appraisal Practice cannot save a Fundamentals score of 46%. The floor violation kicks in automatically. As a result, both subjects must be retaken in full with no carry-over.
Mid-year versus year-end: the REALE pass rate gap
Mid-year REALE cycles have run well ahead of the one year-end exam on record. The September 2023, August 2024, July 2025 and July 2026 exams passed between 65% and 73% of takers, and July 2026 posted the highest rate so far at 72.80%. In contrast, November 2025 passed only 55.26%. That was an extra date PRC added in 2025 through Resolution No. 2069.
Mid-year batches typically include more fresh graduates and first-time takers who are just off a structured review. November batches carry a higher proportion of retakers and candidates who had a longer, less consistent review period. However, with only one year-end exam so far, treat this as a pattern to watch, not a rule. Batch size alone does not explain the gap. The same exam standards apply to both cycles.
What our Indang, Cavite land purchase taught me about real estate appraisers
The appraiser we hired for our 1,230-square-meter lot in Indang was not just someone who signed a form. He spent half a day on-site. He walked the terrain, measured the access road width, and found a comparable lot that had recently sold in Silang. Our seller’s price got cross-checked against the BIR zonal value for the area. When his report came back with an appraised value slightly above the asking price, we stopped second-guessing and moved forward. That is what a credible appraisal does: it removes the guessing.
He also mentors younger appraisers preparing for the REALE. Over several conversations while he worked the Indang property, he shared what actually separates first-time passers from retakers. Those insights shaped the next three sections.
The board exam is law-heavy, not valuation-math-heavy
Almost every review guide emphasizes depreciation formulas, capitalization rates, and “highest and best use” drills. The appraiser said this is the single biggest mismatch between how candidates prepare and what the exam actually tests. Professional Appraisal Practice (50% of the REALE) is loaded with property law questions: PD 957, RA 7279, RA 9646 (RESA Law), agrarian reform laws, zoning ordinances, and BIR zonal value application. First-timers who spend most of their time on valuation math often find the legal and standards questions dominating a subject they thought they had covered.
In actual field work, about 70% of an appraiser’s time goes to local market judgment, client communication, and practical decisions. The board exam barely tests any of that. It tests whether you can read a property law provision and apply it correctly under time pressure. Those are two very different skills, and the exam rewards only one of them.
The 50% floor catches more candidates than the GWA does
Most online REALE content says “you need a 75% average.” Few explain that scoring below 50% in even one subject triggers automatic failure regardless of the other score. A candidate can score 82% in Professional Appraisal Practice and still fail if Fundamentals of Real Estate Appraisal comes in at 46%. That is not a hypothetical scenario. The appraiser has seen it happen to candidates who walked into the exam confident about methodology but underestimated the volume of law-based questions in Fundamentals.
The 50% floor is a hard cutoff. It does not negotiate with your GWA.
What the retake looked like
One of the appraiser’s mentees failed the November 2025 REALE with a 72% GWA, but only 47% in Professional Appraisal Practice. He had focused his entire review on valuation math, cost approaches, and income capitalization. The legal and standards content, which makes up a large portion of Professional Appraisal Practice, received almost no dedicated time.
For the retake, he rebuilt his study plan. Around 60% of review time shifted to property laws, appraisal standards, ethics, and integrated case problems. He also practiced writing complete appraisal reports under timed conditions every week, not just multiple-choice drills. He passed the next cycle with an 81% GWA.
The appraiser’s summary: treat the REALE as a law-and-methodology exam first, and a valuation-math exam second. Most who fail have those two reversed.
Career paths after passing the REALE
Your REALE passing result gives you the legal right to sign appraisal reports as a Registered Real Estate Appraiser (RREA) in the Philippines. That signature is what banks, the BIR, and courts actually accept. The PRC credential is the gate to all of it. Our Architects board exam guide covers a similar licensed professional path if you want to compare career trajectories across PRC-regulated fields.
| Career track | Starting salary | 3 to 5 year ceiling |
|---|---|---|
| Bank / financial institution appraiser | ₱25,000–₱35,000/month | ₱45,000–₱65,000 |
| Independent / freelance appraiser | ₱5,000–₱30,000+ per report | ₱40,000–₱80,000+/month |
| Government / LGU / GOCC | ₱25,000–₱38,000/month | ₱40,000–₱55,000 |
| Real estate firm / developer | ₱28,000–₱40,000/month | ₱50,000–₱80,000 |
| Abroad (Middle East, Singapore, Australia) | ₱150,000–₱350,000+ equivalent | Fastest ramp-up |
Most new RREAs start at a bank or appraisal firm for the first year or two. This builds their portfolio and gives them exposure to different property types. The appraiser we hired in Indang started at a bank, then moved to freelance after three years. He now earns significantly more, having built a referral network with brokers, lawyers, and developers across Cavite. CALABARZON demand is strong and growing, with residential and industrial projects continuing to expand across Laguna, Batangas, and Cavite.
The abroad path requires additional credentials depending on the country. However, two to three years of local experience and a solid appraisal report portfolio is typically enough to qualify for offshore roles. The salary jump from local to foreign-currency work is the most significant financial move most RREAs make in the first five years.
What to do after your REALE results
If you passed
Seeing your name on the passers list is step one. PRC opens online registration for new July 2026 passers on August 24, 2026. You register for your Professional ID and Certificate of Registration through the official PRC website, prc.gov.ph. Bring a screenshot of your system-generated Registration Form and a valid government-issued ID. You still need to register and sign the Roster of Registered Professionals in person. An online form alone will not complete the process.
You also need a Surety Bond, valid for three years, with a Certificate of Good Standing from the Insurance Commission. Submit the original copy, with a minimum coverage of ₱20,000 and PRC listed as the Obligee. If you work for a government agency, you are exempt from the bond. Submit instead a notarized Certificate of Employment from your office. It must show that you perform appraisal functions and hold an appraiser license. Once your PRC ID is ready, apply for membership in the Institute of Philippine Real Estate Appraisers (IPREA) or the Philippine Association of Realty Appraisers (PARA). Both provide CPD units, job referrals, and the Certificate of Good Standing that many banks and clients require before they will work with you.
If you need to retake
PRC’s regular schedule holds the REALE once a year, in the middle of the year: August in 2024, then July in 2025 and 2026. In 2025, PRC also added an extra exam on November 23 through Resolution No. 2069. So watch for two things: next year’s schedule, and any extra date PRC adds by resolution. Either one shows up on this page once PRC publishes it.
Take a complete 10 to 14 day break immediately after results, no books and no review videos. Then do an honest post-mortem. Write down exactly which subject cost you points and why. If Professional Appraisal Practice failed you, the fix is more legal review and integrated case problems, not more valuation formulas. Our piece on the teacher who tried 17 times covers the mindset shift that matters most when you are sitting with a failed result.
REALE results archive by batch
Every regular and special batch on PRC’s results list, newest first, with PRC’s own PDFs. The September 2023 batch (596 of 849 passed, 70.20%) is no longer on that list, so it appears only in the chart above.
PDF downloads by batch
July 2026
May 2026 (special)
November 2025
July 2025
June 2025 (special)
August 2024
See every PRC exam, its latest pass rate and release date on our PRC board exam results page.
Frequently asked questions
When were the July 2026 REALE results released?
PRC released the July 2026 REALE results on July 9, 2026. 1,060 out of 1,456 passed (72.80%). That was two working days after the last exam day.What is the passing score for the REALE?
Your REALE results will show a GWA and two subject scores. You need a GWA of at least 75% and no subject below 50%. A strong score in one subject cannot save a failure in the other if it drops below the 50% floor. Both conditions must be met at the same time.
Is there a conditional status in the REALE?
No. The REALE is outright pass or fail. Unlike the CPALE, there is no conditional provision. Fail either condition and you retake both subjects at the next exam. No partial carry-over exists under the current rules set by RA 9646.
What are the two subjects in the REALE?
Fundamentals of Real Estate Appraisal (50%) covers real estate principles, appraisal theories, standards, ethics, and property laws. Professional Appraisal Practice (50%) covers appraisal methodology, valuation math, report writing, GIS, and government assessment application. Both carry equal weight and must each clear the 50% floor.
When is the next REALE?
PRC’s regular schedule holds the REALE once a year, in the middle of the year (August 2024, July 2025, July 2026). In 2025, PRC added an extra exam on November 23 by resolution. The next confirmed date appears on this page as soon as PRC publishes it. Retakers have no waiting period, so use the time to rebuild your review around laws and standards.
What to do next
Once the REALE results drop, your path depends on where you land. Passers: attend oathtaking, secure your PRC ID, and join IPREA or PARA within the first month. Retakers: take the break, audit your two subject scores honestly, flip your review ratio toward laws and standards, and target the next exam date shown above. For updates on all PRC board exam results and licensing guides, visit our PRC board exam results page.
