AACI: (Accredited Appraiser Canadian Institute)
designates fully-accredited membership in the Institute and may be used
by the holder in connection with the appraisal of a wide range of real
property.
CRA: (Canadian Residential Appraiser) designates individuals qualified
in the appraisal and valuation of individual undeveloped residential dwelling
sites not more than four self-contained family housing units. |
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10 reasons to use an appraiser with the AACI or CRA designation...
Knowing the value of real estate is critical today. Reduce your
liability and be assured of reliable real estate appraisals by using
professional real estate appraisers with designations from the Appraisal
Institute of Canada.
HERE'S WHY:
INDEPENDENT, OBJECTIVE VALUATION.
The AACI or CRA is required to provide a completely
objective opinion of value, independent of any other business interests.
SOLID PROFESSIONAL TRAINING.
Institute designations are earned, not
awarded, after a rigorous program of educational courses, many of
which are university-level.
PROVEN VALUATION EXPERIENCE.
Institute - designated after demonstrated,
supervised appraisal experience in the market.
CAREER COMMITMENT.
Appraisers with Institute designations are committed to a career in the
appraisal profession. It's not just a sideline.
ONGOING PROFESSIONAL DEVELOPMENT.
The Institute has a program of mandatory
recertification of its designations - that means members
are current, and prepared.
SELF REGULATION.
There is no legislation in Ontario governing the practice of real
estate appraisal. The Appraisal Institute governs its members |
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through a strict Code of Ethics and Standards of Professional Practice.
It's a code with teeth - members who do not follow these rules are
disciplined up to and including expulsion.
ONGOING PARTNERSHIP WITH LEADERS.
The Appraisal Institute regularly meets with representives from
Canada's lenders and bodies such as the Canada Deposit Insurance
Corporation and CMHC to discuss industry concerns.
PUBLIC INTEREST.
The Appraisal Institute is committed to protecting the public interest;
that's why programs such as the Liability Insurance have been developed.
UNIVERSAL ACCEPTABILITY.
Appraisals done by designated Institute members are accepted not only by
Canadian lenders but also by judicial and regulatory bodies, for
purposes of divorce and arbitration, among others.
A HISTORY OF COMMITMENT.
Appraisal Institute designations represent more than 50 years of commitment
to real estate appraisal as a profession.
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