AIC 2024 Forms Guide

Overview

Beginning July 1, 2024, appraisers will be expected to use the Appraisal Institute of Canada’s new 2024 version of their forms. These forms are available in both English and French and include:

  • AIC Full
  • AIC Driveby
  • AIC Desktop
  • AIC Land
  • AIC Market Rent Appraisal
  • AIC Market Rent Consulting Report
  • AIC Progress Inspection Report

To obtain the newest versions of the forms, appraisers must have an active CRAL subscription and run their WebUpdates (instructions below). For information on form changes, please reference the documentation provided by AIC. Don’t hesitate to contact the client for instructions on submitting appraisals for delivery.

System Requirements

The following specifications will provide the fewest resources for Report Pro™ to run on your system. This will greatly impact your experience using our software.

  • OS: Microsoft Windows 10 or Higher
  • CPU: 2GHz +
  • RAM: 6GB +
  • Storage: 5GB + (additional space will be needed for saved reports)
  • .NET Framework 3.5 & 4.5
  • Microsoft Visual C++ 2013 and Higher
  • Google Chrome, Firefox, Microsoft Edge, Opera
  • For optimal performance, we recommend the following:
  • OS: Microsoft Windows 10 or Higher
  • CPU: 3.5GHz +
  • RAM: 8GB +
  • Storage: 100GB + (additional space will be needed for saved reports)

Unsupported Operating Systems

  • Windows 8.1 or lower
  • MacOS
  • ChromeOS
  • Linux

Unsupported Environments

In addition to the following environments, ACI does not support any operating system or program, and its vendor no longer provides support or updates.

  • Arm-based processors
  • Virtualization (Parallels, Boot Camp, VMWare)
  • VPN/Terminal services
  • NAS (Networked Attached Storage)
  • OneDrive, DropBox, or other cloud-based file-sharing platforms
  • Apex v6 and lower, Winsketch, and RapidSketch

 

Getting Started

You must run the CSA Web Update utility to ensure you have the software’s most recent version and install the latest forms.

  1. Go to Help > CSA WebUpdates OR close Report Pro and click the Web Update icon on your desktop.
  2. Click Go to begin the Web Update.
  3. Click View Notes or Close to exit once the update finishes.

 

Creating reports

The new forms can be found on the Select Report Pak screen when creating a new report, and the form name will be followed by the year (2024). You can create a new report in three ways:

  1. Click File > New.
  2. Click the New Report icon.
  3. Press CTRL+N on the keyboard.
  4. Enter the File Name for the New Report and click New. Select the Report Pak Report Template (optional) and Report Picklist.
  5. Click OK to create the report.

 

Cloning Reports

To clone a report, you must create a new one and identify the file you wish to clone.

  1. You can create a new report in three ways:
    • Click File > New.
    • Click the New Report icon.
    • Press CTRL+N on the keyboard.
  1. Enter the File name for the New Report and click Clone.
  2. Select the Report Pak Report Template (optional) and Report Picklist.
  3. Click OK to proceed.
  4. Enter the File Name to Clone From and click OK.
  5. Select the components you wish to clone:
    • Manually: Manually select the individual components to include.
    • Select all: Automatically includes all components.
    • Deselect all: Automatically excludes all components.
    • Invert: Automatically deselects currently selected components and selects previously not selected components.
  1. Click OK to accept the selections and clone the report.

 

Change Report Type

  1. Go to File > Save As > New Form Type.
  2. Enter a new File Name and click Save.
  3. Select the new Report Pak and click OK.

 

Adding a Location Map

  1. You can generate a new location map in three ways:
    • Click Tools > Mapping > Sky Maps.
    • Click eServices > Location Maps > Sky Maps.
    • Click the Location Map icon on the toolbar.

Report Pro will adjust the map to fit your Subject and Comparables at the Location Map screen. Hover your mouse over the Subject or Comparable(s) to edit or adjust. Click Accept Map to save the map to the current report or the X to exit without saving the map. Select the Location Map page at the Import screen and click OK to import the map.

Note: AIC requires location maps to be displayed in Hybrid view. To set this option as default, follow these steps:

  1. Go to eServices > Options > Mapping > Sky Maps.
  2. Select the drop-down for Map Style to Hybrid.
  3. Click OK to save changes.

 

Sign Report

  1. In Report Pro, go to Tools > Sign Report.
  2. Select your name from the dropdown list.
  3. Enter your signature password.
  4. Highlight Appraiser at the Sign As screen and click Sign, then Done.

 

Adding the Supervisory Signature

  1. In Report Pro, go to Tools > Sign Report.
  2. Select your name from the dropdown list.
  3. Enter your signature password.
  4. Highlight Supervisory Appraiser at the Sign As screen and click Sign then Done.

 

Enable Supervisory Signature on the Letter of Transmittal

With a report open:

  1. Go to Options > Report > Letter of Transmittal > Display.
  2. Check the box next to Print Supervisory Appraiser Info.

Note: This option will remain enabled for new reports.

 

How to Run Review Master

Review Master analyzes reports for missing or incorrectly formatted data. When running Review Master on a report, the data in each field is validated against a set of rules. Messages are displayed for each field that failed validation:

  • Errors: These items must be corrected to receive a ‘Pass’.
  • Warnings: These items may require comments or corrections.
  • Instructional: Items to be addressed for full compliance or acknowledged.

You can check your report in two ways:

  1. Go to Tools > Review Master.
  2. Click the Review Master icon on the toolbar.
  3. Select Par Logic for the ruleset.
  4. Click Run to begin. Review Master will run the Par Logic rules against the file to verify compliance.

 

Once finished, the Review Master will display its findings. Double-click on each error to be directed to the specific field.

 

 

 

Web Updates

Once installation and registration are complete, you must run the Web Update utility to ensure you have the most recent version of the software. You should be prompted to run this update at the end of the installation. You may also use the Web Update icon on your desktop.

  1. In Report Pro, close out any open reports.
  2. Go to Help > CSA WebUpdates OR close Report Pro and click the Web Update icon on your desktop.
  3. Click Go to begin the Web Update.
  4. Click View Notes or Close to exit once the update finishes.

System Requirements

The following specifications will provide the fewest resources for CRAL to run on your system. This will greatly impact your experience using our software.

  • OS: Microsoft Windows 10 or Higher
  • CPU: 2GHz +
  • RAM: 6GB +
  • Storage: 5GB + (additional space will be needed for saved reports)
  • .NET Framework 3.5 & 4.5
  • Microsoft Visual C++ 2013 and Higher
  • Google Chrome, Firefox, Microsoft Edge, Opera
  • For optimal performance, we recommend the following:
  • OS: Microsoft Windows 10 or Higher
  • CPU: 3.5GHz +
  • RAM: 8GB +
  • Storage: 100GB + (additional space will be needed for saved reports)

ACI™ Integrates Restb.ai Technology into Sky™ Platform | AI-Driven Technology Automates the Appraisal Quality Control Process

Santa Ana, Calif., June 19, 2024 — ACI, a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American (NYSE: FAF) family of companies, today announced that ACI Sky™, a best-in-class digital quality control and compliance platform, is now integrated with Restb.ai, a global leader in artificial intelligence (AI) and computer vision solutions for real estate. The integration with Restb.ai automates the detection of discrepancies within appraisals and identification of images that need editing prior to submission to an appraisal management company (AMC) or lender. The technology also examines photo-based data to aid in analyzing the condition and quality of properties.

“Our AI-powered ACI technology solves two major pain points that AMCs and lenders face – inconsistency between the data and imagery in appraisal reports and the inadvertent inclusion of images containing personal details that should be edited out,” said Chris Flynn, head of product and strategy at First American Data & Analytics. “ACI Sky’s industry-leading appraisal quality control automation paired with the power of Restb.ai’s computer vision capabilities will reduce appraisal revisions, saving time and expense in the appraisal process.”

The new integration leverages AI to extract insights from images captured during the appraisal inspection process to identify inconsistencies in appraisal reports at the time of appraisal delivery, minimizing costly and time-consuming appraisal revisions. Restb.ai’s technology also flags images that may require editing to omit personal or private details prior to submission to an appraisal management company or lender.

“The combination of ACI’s deep experience in appraisal technology and quality control, combined with AI’s ability to analyze and extract insight from imagery will enhance ACI’s industry-leading solutions, further automating the appraisal quality control process,” said Tony Pistilli, general manager, valuations at Restb.ai.

ACI Sky leverages dynamic PAR® Logic rules engine to assess integrity, quality and completeness, while reducing exceptions via real-time alerts at file submission and review, expediting the appraisal review process. To date, ACI Sky has reviewed more than 6 million appraisals nationwide.

For more information about ACI and the integration with Restb.ai, visit aciweb.com.

About Restb.ai
Restb.aithe leader in AI and computer vision for real estate, delivers image recognition and data enrichment solutions for many of the industry’s top brands and leading innovators. Its advanced AI-powered technology automatically analyzes property imagery to unlock visual insights at scale that empower real estate companies with relevant and actionable property intelligence. Restb.ai is like having a real estate expert instantly research and provide a deep insight into each of the 1 million property photos uploaded daily. For more information on Restb.ai, visit the website.

About ACI
ACI, a member of the First American (NYSE: FAF) family of companies, specializes in creating innovative workflow solutions for real estate appraisers, appraisal management companies and financial institutions. Backed by analysis-driven tools and industry expertise, ACI’s cloud-based and enterprise software applications empower stakeholders with a streamlined approach to managing forms, rules and data, while operating with audit-ready transparency and compliance. Through visionary leadership and dedication to client service, ACI has served as a reliable and driving force in the valuation industry for nearly 40 years. For more information, visit www.aciweb.com.

About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.0 billion in 2023, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2024, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the ninth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company in 2023. More information about the company can be found at www.firstam.com.

###

Media Contact:
Marcus Ginnaty
First American Financial Corporation
(714) 250-3298
 

Special Updates

In addition to normal Web Updates, you may be required to run a Special Update. These special updates are provided by our support team and should only be entered if directed.

  1. In ACI Report (or Report Pro), close out of the report and go to Help > ACI WebUpdates or close ACI Report (or Report Pro) and click on the Web Update icon on your desktop.
  2. Enter your special update code in the Special Update ID field at the Web Update screen.
  3. Click Go to begin the update process.
  4. Once the update finishes, click Close to exit.