AI Reports® Releases New Form 820.04:
Residential Green and Energy Efficient Addendum!
The Appraisal Institute is pleased to offer the new Form 820.04: Residential Green and Energy Efficient Addendum. This is the first residential green and energy efficient appraisal report addendum made by appraisers, for appraisers.
Form 820.04: Residential Green and Energy Efficient Addendum
AI Professional Practice Center (PPC) Hot Topic: Appraising Energy Efficient Improvements in Residential and Commercial Properties
The AI Professional Practice Center (PPC) is a compilation of valuable resources and information covering the latest appraisal practices and procedures. AI members can access the PPC Hot Topics section, to find the resources to help tackle current issues facing your practice.
AI Members – check out the PPC Hot Topic page Appraising Energy Efficient Improvements in Residential and Commercial Properties by clicking here.
Valuation of Sustainable Buildings Professional Development Program
To help appraisers hone their skills, the Appraisal Institute offers professional development programs to real estate appraisers on cutting-edge, problematic, or advanced-level topics. Professional development programs cover a body of knowledge in a specialty, allowing participants to obtain knowledge about a property type or specialty area. For full information on the AI professional development programs, please click here.
The Valuation of Sustainable Buildings Professional Development Program is a must for any appraiser valuing green buildings.
This Program consists of the following courses:
Participants in any of the above courses also have access to AI Green Resources – one convenient webpage that allows you to tap a variety of green resources. Topics are expanded regularly and include legislation, national and state government sites and programs, databases, design, and solar energy. Many of these resources can also help appraisers when completing the Residential Green and Energy Efficient Addendum.
This free benefit is available only to class participants. Appraisal Institute Designated members receive indefinite access; all other class participants are granted two-year admittance. The link to this helpful resource is provided with the course materials.
The Green Resources Webpage will be updated regularly; we encourage course participants to check it frequently for new links and submit their own!
The Appraisal Institute publishes AI Report® forms for use by appraisers where the appraiser deems use of the form appropriate. Depending on the assignment, the appraiser may need to provide additional data, analysis and work product not called for in the forms. The Appraisal Institute plays no role in completing the form and disclaims any responsibility for the data analysis or any other work product provided by the individual appraiser(s).
Obtaining AI Reports® Forms
AI Reports® forms are available for use by all appraisers, not just Appraisal Institute members. The AI Reports® Summary Appraisal Report Residential has been available through software vendors ACI, a la mode, Bradford and HomePuter®. The Appraisal Institute expects that the new suite of forms will be available from those vendors shortly. In addition, the Appraisal Institute has issued an updated AI Reports® Guidebook, which can be downloaded free of charge on this web page.