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Accreditation

The certification body HypZert GmbH and its certificates are accredited by a large number of national and international institutions.

Appraisal Institute (AI)  

In February 2004, HypZert entered into a cooperation agreement with the Appraisal Institute in Chicago/USA, one of the leading organisations for real estate appraisers, with international recognition that remains effective until the present day. With this agreement the Appraisal Institute acknowledges the high quality of HypZert.

German Federal Financial Supervisory Authority (BaFin)  

In a letter dated 7 September 1999, the German Federal Financial Supervisory Authority acknowledged the qualification of real estate valuers in the context of the Large Exposures Regulation "... if the valuer meets HypZert's certification requirements".

Deutsche Akkreditierungsstelle GmbH (DAkkS)  

HypZert GmbH was one of the first organizations to receive an accreditation for its field of certification "Mortgage Lending Value", today "CIS HypZert (F)" according to ISO/IEC 17024, by the German Association for Accreditation (TGA). In the following years, the certifications "CIS HypZert (S)" and "CIS HypZert (M)"  were also accredited. Since 1 January 2010, the Deutsche Akkreditierungsstelle GmbH (DAkkS) is the sole national accreditation body that provides accreditations pursuant to Regulation (EC) No. 765 / 2008 and the Accreditation Body Act (AkkStelleG). In accordance with the Regulation on the Entrustment of the Accreditation Body (AkkStelleGBV), the DAkkS is entrusted for this purpose and represents the German accreditation business on the European and international levels. HypZert's accreditation remains effective until 5 January 2023, recorded under accreditation number D-ZP-16042-01.

Financial Authorities of German Federal States  

In the context of property valuation for inheritance and capital transfer tax, the financial authorities of all Federal States accept valuations made by HypZert certified valuers.

Royal Institution of Chartered Surveyors (RICS) 

In October 2012, RICS London/Germany and HypZert/vdp reached an agreement (Memorandum of Understanding) that reflects their mutual recognition and cooperation. Their joint objective is to raise the standards of valuation in the real estate industry.

 

International Valuation Standards Council (IVSC) and The World Association of Valuation Organisations (WAVO) 

The IVSC is one of the world's largest and most renowned standard setters in the valuation sector, bringing together more than 380,000 professionals from 103 countries and nearly 100 member organisations.

Whilst the IVSC is active in field of valuation as a global standard setter, WAVO represents their interests in the area of real estate valuation.

 

Since 2018, HypZert awarded the title "WAVO World Recognized Valuer (WAVO WRV)" to interested HypZert (F) and (MLV) valuers.

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