Competitive edge and increased prestige through instant access to comprehensive and detailed data, superior to that provided by existing sources. Only Appraisal Institute appraisers will enjoy the increased prestige that will flow to the organization and members as the Appraisal Institute becomes the leading source of commercial real estate trends and information for print, television and on-line news and wire services. Free proprietary desktop software that will ease the electronic transmission of data whether submitting data from the local level to the national database or conversely downloading data to the local level all via the internet. This software will also allow you to export data directly into word processing and spreadsheet applications for incorporation in the valuation process all without re-keying. Software Training and Seminars on the Database, the software, and on the Data Standards will be available through the Appraisal Institute.
Appraisers can earn credit toward their continuing education requirements.
An Appraisal Institute Trust Committee has been established to oversee the operation of the Appraisal Institute Database project. An Appraisal Institute Data Standards Committee has been established to develop and administer the Data Standards that will be utilized in the database. These committees also review and provide comment and insight into the development of the overall product specifications. Only Designated and Associate members of the Appraisal Institute can contribute data and earn the potential data sale royalties. Non-Appraisal Institute affiliated appraisers will be able to participate in the database in the name of the Designated or Associate Member with whom they work under.