MVA Appraisal Designation
The appraisal activities of MVA-Residential
designees must be a function secondary to
trading in real estate. Designees are required
to maintain an active sales practice, must have
at least five years of experience in residential
real estate sales and submit:
- A sample Appraisal Report.
- Documentation for sales and fee appraisal activity totals for the last five years.
- Proof of Errors and Omissions Insurance coverage for work in appraisal.
Also, applicants must have completed these courses:
- Principles of Appraisal
- Principles of Real Property Law
- Principles of Mortgage Financing
- Title Searching
- Construction and Cost Estimating
- Appraisal Reporting Skills
Randy has maintained his MVA - Appraisal designation since 1994.
Real Estate Institute of Canada
The FRI
(Fellow of the Real Estate Institute)
designation is Canada's most established
real estate designation and is awarded to
less than 5% of today's Real Estate
professionals. Holding the FRI signifies a
real estate education that meets and exceeds
licensing requirements PLUS experience that
assures a practitioner with knowledge, not
just information. FRI members are governed
by the Institute's Code of Professional
Conduct.
FRI Designation Course requirements include:
- Canadian Real Estate Law
- Canadian Contract Law
- Real Estate Investment Analysis
- Real Estate Valuation
- Ethics & Business Practice · Consumer Behavior & Negotiating
- Urban Geography (university)
- Micro & Macro Economics (university)
- Five years minimum of credible Real Estate experience
What does the FRI mean to the public? The FRI designation is the Public's assurance that they are dealing with an individual who has a made a career commitment to Real Estate. The FRI is awarded by a national, non-profit, self-regulated association, rather than a Real Estate Company.
Randy obtained his FRI designation in 1990.
Commercial Division Member
Commercial Division Members have a
specialized knowledge and experience in
commercial, industrial and investment
business transactions. They also have
access to a resource base of Commercial
buyers and sellers and can place
listings on TREB's Commercial Multiple
Listing Service & Public websites.
