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    Ethics and Standards

    Upholding Professional Ethics and Standards

    Real estate is one of the most basic sources of wealth.

    The services of valuers are vital to the well-being of our society and help foster economic growth, stability, and public confidence. It’s imperative that valuers be both ethical and competent.

    To establish requirements for ethical and competent practice, the Appraisal Institute adopted a Code of Professional Ethics and Standards of Professional Practice.

    In addition, we've developed a peer review system to enforce our code and standards. 

    Code of Ethics

    The Appraisal Institute has adopted a Code of Professional Ethics and Standards of Professional Practice to establish requirements for ethical and competent practice. This commitment to professionalism helps to maintain a high level of public trust and confidence in Appraisal Institute Designated Members, Candidates, Practicing Affiliates and Affiliates.

    Review Our Code of Professional Ethics

    Standards of Practice

    Our Standards of Professional Practice establish requirements for the development and reporting of an appraiser's analysis, opinions and conclusions.

    Professional Standards are critical for promoting and maintaining trust in the valuation profession.

    View the AI Standards of Professional Practice

    Peer Review Referrals

    Peer Review Proceedings, pursuant to Regulation No. 6, determine whether a violation of the Appraisal Institute Code of Professional Ethics or Standards of Professional Practice has ocurred.

    Do you have an issue with the conduct or work of an AI Professional? Please follow the process to submit a referral.

    Learn More About Our Referral Process
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    Questions? We can help!

    Designated Members, Candidates, Practicing Affiliates and Affiliates may direct inquiries concerning professional practice and the application of the Code of Professional Ethics and Standards of Professional Practice to:

    Stephen S. Wagner, MAI, SRA, AI-GRS
    Director, Ethics and Standards
    Phone: 312-335-4232

    Or submit an online question 24/7 and we will respond promptly. Login is required.

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