If your assignment calls for an MAI designated appraiser, contact us for a competitive quote!



rightMAI designation (source: The Appraisal Institute)
MAI stands for Member, Appraisal Institute. The Appraisal Institute is an international membership association of professional real estate appraisers, with more than 18,000 members and 99 chapters throughout the United States, Canada and abroad. Its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The MAI designation, its most prestigious, is held by appraisers who are experienced in the valuation of commercial, industrial, residential, and other types of property and who advise clients on real estate investment decisions.

MAI designates must meet the following requirements:

Education:

  • Receive a passing grade on 11 examinations that reflect 380 hours of classroom instruction and that test the appraiser’s knowledge of basic and advanced appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice
  • Receive a passing grade on a four-module, two-day comprehensive examination
  • Hold an undergraduate degree from a four-year accredited educational institution
Experience:

Receive credit for 6,000 hours of experience, including 3,000 hours of specialized appraisal experience, all of which must meet strict criteria.

Demonstration Report:

Receive credit for a demonstration appraisal report relating to income-producing property that demonstrates the ability to present a properly supported value estimate or opinion evaluating the nature, quality or utility of a parcel of real estate or any interest in, or aspect of, real property, including handling physical incurable depreciation, or fulfill an approved comparable alternative. Because of its rigorous requirements and commitment to providing valuable information, continuing education and other valuable resources to its members, you can be confident and appraiser with an MAI designation will provide you with the very highest quality service on virtually any appraisal assignment, even the most complex commercial appraisal.

If your assignment calls for an MAI designated appraiser contact us for a competitive fee quote!
Appraisal Institute News:
 
Highest and Best Use Analysis Key to Retail Valuation: The Appraisal Journal
10/16/2018 3:00 AM
The highest and best use analysis should dictate the methods and approaches applied in valuation analysis, according to a study published this week in The Appraisal Journal...Read More
 
‘Green’ Home Improvements Can Pay Off: Appraisal Institute
10/4/2018 3:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged home sellers to consider making energy-efficient improvements to their properties and urged potential buyers to seek homes with those features. ...Read More
 
Appraisal Institute Opposes Bills Raising Thresholds for SBA Loans
9/25/2018 3:00 AM
Citing significant risks to taxpayers, the Appraisal Institute on Monday urged the U.S. House of Representatives to turn back legislation that would virtually eliminate appraisal requirements for the Small Business Administration’s two largest loan programs. Votes on two related bills are expected t [......Read More
 
Appraisal Institute Unveils Property Use Classification System
9/11/2018 3:00 AM
The nation’s largest professional association of real estate appraisers today unveiled an information system that classifies and describes property uses and assists real estate analysts and others with their property use data storage and analysis. ...Read More
 
Jim Amorin Named Appraisal Institute CEO
8/21/2018 7:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has hired Jim Amorin, MAI, SRA, AI-GRS, of Austin, Texas, as its chief executive officer after a nearly year-long search....Read More
 
Rodman Schley Elected 2019 Appraisal Institute Vice President
8/3/2018 4:22 AM
Rodman Schley, MAI, SRA, of Denver, was elected 2019 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Nashville, Tennessee. ...Read More
 
Appraisal Institute Honors 13 National Award Winners
8/1/2018 3:00 AM
Craig M. Harrington, SRA, AI-RRS, of Prior Lake, Minnesota; and Leslie P. Sellers, MAI, SRA, AI-GRS, of Clinton, Tennessee, were honored Tuesday with the Appraisal Institute’s Lifetime Achievement Award and Timothy P. Runde, MAI, of San Francisco, was named the recipient of the Outstanding Service A [......Read More
 
Appraisal Institute Opens Valuation Profession’s Premier Event
7/30/2018 6:16 AM
More than 550 real estate professionals from around the world today attended the opening session of the valuation profession’s most important annual event, hosted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers...Read More
 
Appraisal Institute Opposes Effort to Reduce Risk Management for SBA Loans
7/20/2018 5:44 AM
The nation’s largest professional association of real estate appraisers today announced its opposition to proposed federal legislation that would reduce the requirements for appraisals in major Small Business Administration loan programs...Read More
 
Appraisal Institute Joins 29 Groups to Promote Real Estate Careers
7/13/2018 3:00 AM
The Appraisal Institute joined 29 real estate industry organizations, representing more than 10 million jobs, today in announcing a ground-breaking collaboration to highlight the diverse career paths within the real estate sector....Read More