10 Reasons to Get a Professional Appraisal

Having a professional Appraisal from the Merkley Appraisal Team will clearly establish the value of your real estate. Here are 10 reasons why a professional appraisal is the best course of action.

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

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 of Canada 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 of Canada 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 is 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.