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:
 
Don’t Like Your Home’s Appraisal? Here’s What You Can Do
9/17/2019 3:00 AM
Buyers and sellers who are concerned about a home’s appraisal have options available to them, the president of the nation’s largest professional association of real estate appraisers said today. ...Read More
 
Appraisers Can Help Clients Navigate Natural Disasters, Appraisal Institute Says
9/9/2019 3:00 AM
In the aftermath of a natural disaster, such as a hurricane, appraisers can help their clients by providing expert market analysis, according to the nation’s largest professional association of real estate appraisers....Read More
 
Appraisers Can Help Themselves Mitigate Liability Risk, New Book Says
8/29/2019 3:00 AM
Appraisers who take on a variety of valuation assignments can manage the risks associated with their work by taking realistic, effective steps, according to a new book published by the Appraisal Institute...Read More
 
Appraisal Institute, Fannie Mae Join Forces to Foster Diversity in Valuation Profession
8/27/2019 3:00 AM
The Appraisal Institute is partnering with Fannie Mae to promote appraisal careers and to foster diversity in the valuation profession, the nation’s largest professional association of real estate appraisers announced today...Read More
 
Appraisal Institute Debuts Artificial Intelligence Seminar
8/23/2019 3:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a four-hour classroom seminar on artificial intelligence, automated valuation models and blockchain today in Denver...Read More
 
Jody Bishop Elected 2020 Appraisal Institute Vice President
7/29/2019 3:00 AM
Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, of Mount Pleasant, South Carolina, was elected 2020 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Denver. ...Read More
 
Appraisal Institute Honors 11 National Award Winners
7/25/2019 3:00 AM
Stephen D. Roach, MAI, SRA, AI-GRS, of San Diego, was honored Wednesday with the Appraisal Institute’s Lifetime Achievement Award during the Appraisal Institute Annual Conference in Denver....Read More
 
Appraisal Institute Opens Valuation Profession’s Premier Event
7/22/2019 6:34 AM
More than 525 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 Condemns NCUA’s Action, Calls for Congressional Oversight
7/18/2019 5:56 AM
The nation’s largest professional association of real estate appraisers vigorously condemned today’s action by the National Credit Union Administration, calling the NCUA’s decision to effectively reduce the number of appraisals required for commercial real estate loans irresponsible, radical and dan [......Read More
 
Valuing Timeshares Requires Special Care: The Appraisal Journal
7/9/2019 3:00 AM
Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article published this week in The Appraisal Journal that explores key issues facing appraisers when valuing timeshares. ...Read More