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Appraisal Institute Expands ‘Green’ Education Offerings

April 14, 2015 08:00 AM

CHICAGO (April 14, 2015) – The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has extended its partnership with Build It Green, a California-based “green” building organization, enabling more valuation professionals to take relevant education courses.

Build It Green will offer three Appraisal Institute education courses in Palm Desert, California, in May and June and the same three courses in Laguna Hills, California, in September. Funding for these trainings is provided through The Energy Network, a local government organization created by the California Public Utilities Commission. Appraisers who successfully complete the courses in the Appraisal Institute’s Valuation 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. Register at (Palm Desert)and (Laguna Hills)or Course fees have been waived due to support from The Energy Network, which was authorized by the California Public Utilities Commission in 2012 to harness the collective power of residents, businesses and the public sector to achieve an unprecedented level of energy savings across Southern California.

“Our ongoing collaboration with Build It Green is part of the Appraisal Institute’s education expansion initiative, and we look forward to working with other certifying 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 has demonstrated its leadership in green and energy-efficient valuation in many other ways.

  • Since June 2008, the Appraisal Institute has offered nearly 450 individual education 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 commercial 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 Lawrence Berkeley National Laboratory that found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic energy systems. The eight-state, 12-year study produced the most authoritative estimates to date of price premiums for U.S. homes with PV systems.
  • At the request of appraisers’ clients, in April 2014 the Appraisal Institute expanded its Valuation of Sustainable Buildings Professional Development Program’s online registries of residential and commercial appraisers to include everyone who has completed the course.
  • The Appraisal Institute released a new book, “Residential Green Valuation Tools” by Sandra K. Adomatis, SRA, in April 2014. AI previously published “An Introduction to Green Homes” by Alan Simmons, SRPA, in 2010.
  • The Appraisal Institute and the Institute for Market Transformation issued guidance in January 2014 on valuing green and energy efficient buildings.
  • In October 2013, the Appraisal Institute partnered with the Colorado Energy Office to provide an analysis of the impact of solar PV systems on the home-buying process. The study sought to better understand the impact, if any, that solar PV has on the sales transaction process.
  • In March 2013, the Appraisal Institute released an update to the Residential Green and Energy Efficient Addendum, the first form of its kind intended for appraisers’ use. It is an optional addendum to Fannie Mae Form 1004, the appraisal profession’s most widely used form for mortgage lending purposes that allows appraisers to identify and describe a home’s green features, from solar panels to energy-saving appliances.
  • In February 2013, the Appraisal Institute added a new solar course to its Valuation of Sustainable Buildings Professional Development Program, which educates appraisers on the intricacies of valuing high-performance residential and commercial buildings, and consists of four courses: “Introduction to Green Buildings: Principles & Concepts;” “Case Studies in Appraising Residential Green Buildings;”  “Case Studies in Appraising Commercial Green Buildings;” and “Residential and Commercial Value of Solar.”
  • In January 2012, the Appraisal Institute announced its support for PV Value, a spreadsheet developed by Solar Power Electric and Sandia National Laboratories that assists appraisers and others seeking to establish the value of a property’s solar-powered features.
  • In October 2011, the Appraisal Institute endorsed the federal Sensible Accounting to Value Energy (SAVE) Act, which would improve the mortgage underwriting process by ensuring energy costs are included. Sponsored by Sens. Michael Bennet, D-Colo., and Johnny Isakson, R-Ga., the SAVE Act would instruct federal loan agencies to assess a borrower’s expected energy costs when financing a house. IMT also is among the bill’s supporters.
  • The Appraisal Institute contributed to the Green MLS Tool Kit, issued in April 2010. The tool kit was created to help Realtors add a green initiative to their local multiple listing service. The tool kit provides guidance on enhancing data in the MLS, empowering appraisers to make well-supported comparisons, analyses and adjustments.

Build It Green is a membership-supported Bay Area non-profit established in 2005 that works with building and real estate professionals, local and state governments and homeowners to increase awareness and adoption of green building practices. Its mission is to promote healthy, energy- and resource-efficient building practices in California through outreach and education. The Energy Network is a local government organization authorized by the California Public Utilities Commission which provides energy efficiency support for homeowners, businesses and public agencies in Southern California.


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The Appraisal Institute is a global professional association of real estate appraisers, with nearly 21,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at




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