10 Reasons To Use An Appraisal Service

1. Independent, Objective Valuation
The AACI or CRA is required to provide a completely objective opinion of the property value, independent of any other business interests.

2. Solid, Professional Training
Institute designations are earned, not awarded, after a rigorous program of educational courses that include numerous university-level credits

3. Proven Valuation Experience
Institute members earn their designation after articling under the direct supervision of an accredited appraiser.

4. Universal Acceptability
Appraisals conducted by designated Institute members are accepted with Canadian lenders, as well as judicial and regulatory bodies.

5. Ongoing Professional Development
The Institute has a program for mandatory re-certification of designations so that all members are current with industry trends.

6. Self-Regulation
There is no legislation governing the practice of real estate appraisal in Ontario. The Appraisal Institute governs its members through a strict Code of Ethics, Standards of Professional Practice, and Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP)

7. Ongoing Partnerships
The Appraisal Institute regularly meets with representatives from governments, real estate, legal, lenders and other financial bodies to create a resource network to discuss industry and other related concerns.

8. Public Interest
The Appraisal Institute’s commitment to protect public interest through programs such as Liability Insurance and a complaints process help to reduce associated risks.

9. Career Commitment
A qualified appraiser is recognized by the designations AACI or CRA, awarded by the Appraisal Institute of Canada. These appraisers have dedicated themselves to a career in the appraisal profession.

10. A History of Commitment
The Appraisal Institute’s designations represent more than 60 years of proven commitment!

Knowledge is the cornerstone of an appraisal. A designated member of the Appraisal Institute of Canada has had years of education and training and puts all of it to work for you. It’s their job to keep up to date with changes in market trends and laws that affect real estate values. Combining knowledge and expertise with a thorough investigation of the property and the area, an appraiser will give you a professional opinion that you can trust.