Real Estate Journal — Green Buildings — April 24 - May 14, 2015 — 17B
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G reen B uildings
Extending partnership with Build It Green Appraisal Institute expands Green Education offerings
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has demonstrated its leader- ship in green and energy- efficient valuation in many other ways. • Since June 2008, the Ap- praisal Institute has offered nearly 450 individual educa- tion programs on green and energy efficient valuation, and more than 6,200 attendees have participated. • In February 2015, the Appraisal Institute released its Commercial Green and Energy-Efficient Addendum, the first form of its kind for appraisers’ use. It is intended to help analyze values of com-
mercial buildings’ energy- efficient features. • Two Appraisal Institute members contributed to a landmark study released in January 2015 by the U.S. Department of Energy’s Law- rence Berkeley National Labo- ratory that found that home buyers consistently have been willing to pay more for homes with host-owned solar photo- voltaic energy systems. The eight-state, 12-year study produced the most authorita- tive estimates to date of price premiums for U.S. homes with PV systems.
• At the request of apprais- ers’ clients, in April 2014 the Appraisal Institute expanded its Valuation of Sustainable Buildings Professional Devel- opment Program’s online reg- istries of residential and com- mercial appraisers to include everyone who has completed the course. • The Appraisal Institute released a new book, “Residen- tial Green Valuation Tools” by Sandra K. Adomatis, SRA, in April 2014. AI previously published “An Introduction to Green Homes” by Alan Sim- mons, SRPA, in 2010. n
HICAGO, IL — The Appraisal Institute , one of the nation’s larg- est professional associations of real estate appraisers an- nounced it has extended its partnership with Build It Green, a California-based “green” building organiza- tion, enabling more valuation professionals to take relevant education courses. Build It Green will of- fer three Appraisal Institute education courses in Palm Desert, California, in May and June and the same three courses in Laguna Hills, CA, in September. Funding for these trainings is provided through The Energy Network, a local government organiza- tion created by the California Public Utilities Commission. Appraisers who successfully complete the courses in the Appraisal Institute’s Valua- tion of Sustainable Buildings Professional Development Program are added to AI’s residential and commercial online registries. Build It Green and The Energy Network will offer the following Appraisal Institute courses: • May 28-29: Residential and Commercial Valuation of Solar (Palm Desert); • June 25: Introduction to Green Buildings: Principles & Concepts (Palm Desert); • June 26: Case Studies in Appraising Green Residential Buildings (Palm Desert); • Sept. 21: Introduction to Green Buildings: Principles & Concepts (Laguna Hills); • Sept. 22: Case Studies in Appraising Green Residential Buildings (Laguna Hills); and • Sept. 28-29: Residential and Commercial Valuation of Solar (Laguna Hills). The courses are open to licensed appraisers working in the Southern California region. Course fees have been waived due to support from The Energy Network, which was authorized by the Cali- fornia Public Utilities Com- mission in 2012 to harness the collective power of residents, businesses and the public sector to achieve an unprec- edented level of energy savings across Southern California. “Our ongoing collaboration with Build It Green is part of the Appraisal Institute’s education expansion initia- tive, and we look forward to
working with other certify- ing organizations on similar agreements,” said Appraisal Institute President M. Lance Coyle, MAI, SRA. The Appraisal Institute long has been the leader in green valuation. In addition to its partnership with Build It Green, the Appraisal Institute
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