Why Use a Real Estate Appraiser
A qualified real estate appraiser will provide a fair market property valuation
What Real Estate Appraisers Do
The real property market is a key building block of the Canadian economy and affects every segment of our society. Unbiased and dependable valuations are critical to the decision making processes of individuals, businesses, and governments when conducting real property transactions. Appraisal Institute of Canada Designated Members are real estate appraisal professionals who play a direct and vital role in the real estate sector. That role is to determine, report upon, and attest to the real value of property. Their valuation is the foundation upon which informed decisions about real estate are made whether by a family purchasing its first home, a farmer selling a piece of acreage, a retailer deciding where to locate its next outlet, a developer considering an empty lot, or a lawyer defending or prosecuting a case.
The Appraisal Institute of Canada
The Appraisal Institute of Canada (AIC) is a leading real property valuation association with over 4,800 members across Canada and around the world. Established in 1938, the AIC works collaboratively with its 10 provincial affiliated associations to grant the distinguished Accredited Appraiser Canadian Institute (AACI) and Canadian Residential Appraiser (CRA) designations.
The Appraisal Institute of Canada is a self-regulated designating body, and has established a standards based Professional Practice model that is responsive, transparent and accountable to the public and AIC members alike. AIC holds our members to one of the highest of standards in the field of appraising; the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). These standards regulate not only the appraisal methodology but also the business practice and conduct of our members. CUSPAP provides guidelines that ensure a consumer receives only the highest quality report from AIC members.