The importance of a real estate appraiser
Real Estate Appraiser
Currently more than half of the world's population lives in cities and it is estimated that in the next 20 years the urban population will multiply.Taking into account this important data, we have to think about how to satisfy the demand for housing, as well as infrastructure and basic services, taking into account the protection and conservation of the environment along with improving the quality of life of the inhabitants.
For this reason, day by day, more cities join the pact to reduce the environment, the cities climate leadership group is a clear example of this, this has an impact on the fact that by continuing to build cities based on sustainable development, inclusive and safe, it implies a synergy between regulations and investment opportunities where federal governments together with local governments will be playing a fundamental role.
For this reason, one of the most frequently asked questions when purchasing a home is whether the invested capital is the real value of the construction, that is where doubts begin about whether the property purchased can increase or devalue over time.
It must be taken into account that a home is mainly a capital investment, being the safest way to maintain a static capital in the long term and depending on the area, it could increase the value used, without a doubt the importance of the formation of patrimony is very large, but unfortunately it has been the case that the effect is the opposite, especially the segments that have to seek help to access housing; In some cases, affordable housing or social interest housing, instead of achieving a greater surplus value, has been decreasing in value, which clearly leaves a cause for concern.
For this reason when thinking about investing in a property It is very important to get a appraiser since this will help with the decision to acquire the property by putting into practice their knowledge and skills to present the best option into which the desired capital can be injected, creating lasting assets.
In terms of valuations, there are many specialized areas in which you can work or to which you can resort to request an appraisal, one of them is the real estate appraisal service, in which a real estate appraiser participates who is in charge of reviewing the real estate that you want to value, for this reason it is important to resort to a person who has knowledge about the different properties and can carry out an in-depth analysis of the characteristics of each property.
What is the area of expertise?
A real estate appraiser must have a degree in architecture or civil engineering, this with the purpose of having the necessary knowledge in terms of construction, drawing up plans and measurements of real estate.
This is why it is important that real estate appraisers have a title and professional certificate that can prove that they have the necessary professional education to be able to review the properties.
Added to this, when entering into valuation matters, the appraiser expert must have training in real estate valuation, whether diplomas, courses or specialty accredited by accredited institutions, colleges or universities.
These courses can range from fiscal nature, unit costs, fair provision of income, homologation of market comparables, tax regulations, etc.
What other documents does a real estate appraiser require?
In order to be a real estate appraiser, it is important to consider that people must meet a series of additional requirements to the title and professional license since the INDAABIN (Institute of Administration and Appraisals of National Assets) grants all those seeking to work as experts a series of documents that must be submitted.
One of the main requirements is that the interested person has a postgraduate degree in valuation and has an expert's license and certificate. This certificate must have the MAI designation from the Appraisal Institute or certifications from the American Society of Appraisers.
Within the courses, the interested person must have certifications depending on the area where they want to carry out the appraisals and have the certificates by specialty, apart from this, they must take the exams that will evaluate the technical and regulatory capacities by specialty.
In the area of tax issues, the person must present the identification card as a natural person, moral person or with business activity, this with the format granted by the institute, in addition, they must have a certificate issued by the SAT where it can be verified that there are no tax debts and this document is not older than three months.
What are the institutions that certify the experts?
To obtain a certification as an appraiser, it is necessary to complete a specialty in one of the different universities in the country that have this specialty or take a course in a place that allows you to obtain an official certificate.
These specialties and certifications depend on the type of appraiser you want to be and the type of property you want to value, which is why you can take several specialties or courses.
Some of the important institutions in terms of certification of appraisers in Mexico are:
- Public and Private Universities
- Institute of Administration and Appraisal of National Assets (INDAABIN)
- College of Appraisers
- American Society of Appraisers
- Appraisal Institute
At ANEPSA we seek to provide a quality service, which is why all of our experts are certified in different valuation areas that allow them to provide an exact opinion on the value of real estate objectively and using different methodologies. If you are looking for an appraisal, do not hesitate to contact us.