Chicago-based Appraisal Institute expands registries of 'green' residential and commercial appraisers under its Valuation of Sustainable Buildings Professional Development Program, in response to rising demand for qualified green-building appraisers
April 1, 2014
– The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has expanded its Valuation of Sustainable Buildings Professional Development Program’s online registries of residential and commercial appraisers.
The registries, found on the Appraisal Institute’s website, now list the names of AI Designated members, Candidates for Designation, Practicing Affiliates, Affiliates and non-AI professionals who have successfully completed the courses in the program.
“The Appraisal Institute is excited to expand these ‘green’ registries and continue to help educate appraisers and other professionals interested in the valuation of energy-efficient residential and commercial properties,” said Appraisal Institute President Ken P. Wilson, MAI, SRA.
Placement on the registries shows potential clients and employers that these individuals have obtained knowledge on this specialized topic. The Appraisal Institute expanded the list of those eligible to be listed in the online registries in response to requests from clients seeking to hire commercial and residential appraisers who had taken AI’s green and energy-efficient valuation education.
The National Association of Home Builders encourages lenders to consider requiring the use of an appropriately qualified appraiser to value green properties, citing the Appraisal Institute as a solution for training on valuing green properties and in finding an appraiser who is qualified to understand its real market value.
Learn more about the “Valuation of Sustainable Buildings Professional Development Program.”
Expanding its Valuation of Sustainable Buildings Professional Development Program’s registries is the most recent example of the Appraisal Institute’s leadership in green valuation efforts:
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The Appraisal Institute is a global professional association of real estate appraisers, with nearly 22,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.