“I am president of the small firm that my partner and I purchased from a respected member of our professional organization and appraisal community. We have been able to achieve continued growth year after year in this specialized profession.“
- Beverley Girvan, AACI, P.App
The Appraisal Institute of Canada grants the two most prestigious real property valuation designations in Canada. The Accredited Appraiser Canadian Institute (AACI) and Canadian Residential Appraiser (CRA) designations are the most highly regarded in the marketplace and identify highly qualified individuals who have completed AIC's rigorous curriculum, experience and examination requirements.
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 property. AACI, P.App (Professional Appraiser) may only be used by a fully accredited (AACI) member and must immediately follow the AACI designation. (link to path to AACI designation pdf)
CRA (Canadian Residential Appraiser) designates members qualified in the appraisal and valuation of individual undeveloped residential dwelling sites and dwellings containing not more than four self-contained family housing units. (link to path to CRA designation pdf)
The AACI designation is the higher of the two designations, requiring completion of additional curriculum and experience requirements. However, the scope of work that can be undertaken by an AACI designated member is much broader than that of a CRA as outlined below.
CRA to AACI Designation
Many individuals begin by earning their CRA designation and then subsequently complete the additional requirements for the AACI designation. Learn more from the CRA to AACI Designation Path [pdf].
Already Hold a Business Degree? Fast Track Your Success!
Individuals who hold a business degree or a degree with a business focus from a Canadian university may be eligible for the UBC/AIC Post-Graduate Certificate in Real Property Valuation (PGCV) program or the University of Guelph's Certificate in Real Estate Appraisal program (CREA). These are fast track programs to the AACI designation which recognizes the business focus of your existing education. For more information, visit the PGCV page and the CREA page.
An individual is only granted a designation upon completion of all of the Institute’s admission, curriculum, experience, examination and interview requirements which are described in full detail throughout this section of the web site…read on!
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March 12, 2012