Book 4 - Appraisal Institute of Canada

President’s MessageVisions of our futureIhave served the Appraisal Institute of Canada (AIC) to assist Candidatesand CRAs in our profession. The most personally rewarding opportunity Ihave had was the interviewer for the introductory interview betweenCandidates and mentors held at the time the Candidate enters the AppliedExperience Program (AEP). I was a member of the Board of Examiners in Ontariofrom January 2004 to May 2008, charged with the sole task of reviewing theguidelines for the AEP and the expectations placed on both the Candidateand the mentor for successful completion of the AEP in the interview withCandidate and mentor. I had the opportunity to speak with about 300Candidates and mentors in approximately 150 introductory interviews andmany Candidates frequently spoke about their aspirations for their careers asdesignated members in the AIC.With every issue of Canadian Property Valuation (formerly The CanadianAppraiser), I look for Candidates who I interviewed to see who has been successfulin achieving an AIC designation. I always welcome the opportunityto put a face to the name of a Candidate and mentor who I interviewed at achapter, seminar or annual meeting, and to discuss their employment andcareer aspirations.I approached the Board of Directors to consider establishing a CRA Task Forcein September 2007. I was subsequently tasked with being the Chair from October2007 until June 2008, when I was elected Vice President of the AIC. The objectivesof the CRA Task Force were:• to encourage CRAs to identify the issues of primary concern to the CRAmembership;• to bring forward suggestions for consideration by the AIC Executive and Boardof Directors;• to permit CRAs to exchange ideas about their career paths; and• to create a forum to obtain information about building successful practices.In June of 2008, I presented a report from the CRA Task Force to the Board ofDirectors, in which the Task Force requested the Board of Directors consider reexaminingthe degree requirement for the CRA designation, given the change inbusiness conditions for residential valuations. The report was received by the Boardand was forwarded to the Professional Qualifications and Competency Committee(PQCC) for consideration and subsequent recommendation to the Board. After itsdeliberations, the PQCC recommended to the Board that the degree requirementfor the CRA continue. The recommendation was accepted by the Board, therebyconfirming continuation of the degree requirement for the CRA.Grant Uba, AACIAIC PresidentA university degree is held as one of the criteria for a truly professionaldesignation. The Board of Directors acted strategically in makinga university degree one of the criteria for eligibility of its professionaldesignations. A Candidate for the AACI designation has been required tohave a university degree at the time of eligibility since January 1, 1998. Inrecognition of the CRA being a professional designation, a Candidate forthe CRA has been required to have a university degree at the time of eligibilitysince January 1, 2006. Since a university degree is a requirement foreither designation, the eligibility for Candidate member status, effectiveJanuary 1, 2007, requires the applicant to hold a university degree or tohave completed all curriculum requirements (university and AIC courses)for the AACI less 10 courses.Our membership is aging and the Candidates who have joined the AICafter January 1, 2006 and who earned their designations after January 1,2006 represent the future of the AIC. They will drive the profession andthey will be tomorrow’s leaders of the AIC. While a membership survey wasrecently conducted of all members, I believe it is important for older members,designated and Candidates alike, to know the visions that the ‘youth’of our membership hold on their designations and careers. Consequently,Candidates who joined after January 1, 2006 and members receiving theirdesignation after January 1, 2006 were invited to respond to separatequestionnaires. Approximately 1,300 Candidates and designated memberswere invited to respond. The number of responses was 292 from designatedmembers and 269 from Candidates, representing 561 responses, or approximately43% of the number invited. A summary of their responses follows.Effective January 1, 2006, the degree requirement for the CRA has resultedin significant change in the educational background of the Candidate membershipfrom January 1, 2000 to August 18, 2010 (the later date the statistics werecompiled.) The Candidates who responded break down as follows:• Candidates joining before January 1, 2000:Number of Candidates 143University degree 32 (22.4%)No degree 111 (77.6%)• Candidates joining between January 1, 2000 and December 31, 2005:Number of Candidates 533University degree 153 (28.7%)No degree 380 (71.3%)6Canadian Property Valuation Volume 54 | book 4 | 2010 Évaluation Immobilière au Canadaclick here to return to table 0f contents