Appraisal Institute Designations
mai membership designation
The MAI membership designation is held by professionals who can provide a wide range of services relating to all types of real property, such as providing opinions of value, evaluations, review, consulting and advice regarding investment decisions, among others. Property types may include commercial, industrial, agricultural, residential, vacant land and others.
To become a MAI Designated member of the Appraisal Institute, an individual must:
Have good moral character;
Meet standards and ethics requirements;
Pass rigorous education requirements;
Pass a final comprehensive examination;
Submit specialized experience which must meet strict criteria; and
Receive credit for the demonstration of knowledge requirement.
These individuals have the necessary commercial property valuation experience and knowledge to produce a valuation that instills confidence. MAI Designated members agree to adhere tothe Appraisal Institute code of professional ethics and standards of professional appraisal practice, underscoring their commitment to sound and ethical professional practice.
Continuing education requirements help MAI Designated members stay informed of developments pertaining to real property valuation, enabling them to provide valuations reflecting the latest in professional practice.
The MAI designation has long been recognized by courts of law, government agencies, financial institutions and investors as a mark of excellence in the field of real estate valuation and analysis.
sra membership designation
The SRA membership designation is held by professionals who can provide a wide range of services relating to residential properties, including providing opinions of value, evaluations, reviews, consulting and advice regarding investment decisions, among others.
To become a SRA Designated member of the Appraisal Institute, an individual must:
Have good moral character;
Meet standards and ethics requirements;
Pass rigorous education requirements;
Submit residential experience which must meet strict criteria; and
Receive credit for the demonstration of knowledge requirement.
SRA Designated members agree to adhere to the Appraisal Institute code of professional ethics and standards of professional appraisal practice, underscoring their commitment to sound and ethical professional practice.
Continuing education requirements help SRA Designated members stay informed of developments pertaining to real property appraisals, enabling them to provide appraisals reflecting the latest in professional practice.
AI-GRS MEMBERSHIP DESINGATION
The AI-GRS membership designation is held by professionals who can provide reviews of appraisals of a wide range of property types, including commercial, industrial, agricultural, residential, vacant land and others.
To become an AI-GRS Designated member of the Appraisal Institute, an individual must:
Have good moral character;
Meet standards and ethics requirements;
Meet special education requirements;
Pass a comprehensive examination; and
Possess experience in general appraisal review that meets specific standards.
These individuals possess experience and knowledge that give them the tools to address the issues unique to general and commercial real property reviews. AI-GRS Designated members agree to adhere to the Appraisal Institute code of professional ethics and standards of professional appraisal practice, underscoring their commitment to sound and ethical professional practice.
Continuing education requirements help AI-GRS Designated members stay informed of developments pertaining to reviews, enabling them to provide reviews reflecting the latest in professional practice.
AI-RRS Membership Designation
The AI-RRS membership designation is held by professionals who provide reviews of residential appraisals.
To become an AI-RRS Designated member of the Appraisal Institute, an individual must:
Have good moral character;
Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
Hold a bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
Meet standards and ethics requirements;
Meet rigorous education requirements;
Pass a comprehensive examination; and
Receive credit for specialized appraisal review experience that meets strict criteria.
These individuals possess experience and knowledge to address issues unique to residential real property reviews. AI-RRS Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.
The completion of continuing education requirements assures that AI-RRS Designated members remain informed on trends and changes pertaining to reviews, enabling them to provide reviews that reflect the latest in professional practice.