Things to consider while hiring an AIC designated Appraiser

Things to consider while hiring an AIC designated Appraiser

We’ve already read about the importance of having an AIC designated appraiser. In this blog we will look into the key factors that we need to consider while hiring an AIC designated appraiser.

All appraisers follow the client appraiser relationship. This means that all appraisers must work on a confidential level with their clients. Clients may also include individual person, banks, lawyers, mortgage brokers and other professionals. It is important for the appraiser to abide by all the rules listed out in the AIC’s CUSPAP. One such rule being, the appraiser must ensure that all the information contained in the appraisal report must be done with written consent of the client.

A few steps that needs to be followed by the clients

  1. It is always important to make sure that you retain an AID appraiser who has successful completed his education, field experience and examination requirements
  2. Hire a professional who adheres to the AIC code of conduct and CUSPAP
  3. It is important to receive unbiased opinion of value in accordance with comprehensive market research .

A few tips to follow while hiring a real estate appraiser

  1. Always be sure that your appraiser has a professional designation and also is a member of professional association like the appraisal Institute of canada.
  2. Ensure that the appraiser holds either the Accredited Appraiser Canadian Institute (AACI) or Canadian Residential Appraiser (CRA) designation.
  3. An experienced appraiser will evaluate your property according to current market value. Therefore, make sure you hire an appraiser with the perfect expertise in the valuation of your type of property.
  4. Always ensure to verify references

Conclusion
At E-Valuates we follow guidelines from CUSPAP and all our members are AIC certified. We offer reliable residential appraiser services at affordable rates. For more details regarding the service we provide contact us
Phone number ( +1 (647) 297-5636  )