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:
 
Complex Residential Properties Offer Challenges to Appraisers, New Book Finds
5/8/2019 5:04 AM
Only by properly identifying and investigating the unique characteristics of condos, co-ops and planned unit developments can appraisers properly value these common but complicated residential properties, according to a new book published by the Appraisal Institute...Read More
 
Exterior Home Renovations Offer Greatest Value: Appraisal Institute
4/24/2019 3:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to focus on outdoor improvement projects when seeking to improve their home’s value. ...Read More
 
Appraisal Institute, Freddie Mac Unveil New Valuation Course on Manufactured Homes
4/16/2019 3:00 AM
As part of their recently announced collaboration, the Appraisal Institute and Freddie Mac unveiled a new educational offering today in Dallas that is designed to teach appraisers the latest skills on how to value manufactured homes...Read More
 
In-Depth Scrutiny of Published Data Improves Property Market Understanding: The Appraisal Journal
4/11/2019 3:00 AM
A detailed analysis of population and employment data, along with the use of fair share comparisons, increases the accuracy of assumptions made by appraisers when completing commercial valuation assignments, according to a study published this week in The Appraisal Journal...Read More
 
Appraisers Adapt to Evolving Residential Market: Valuation Magazine
4/2/2019 3:00 AM
Appraisers working in the residential real estate sector say national trends broadly apply to their markets, but they note that since each region essentially is local, they need to adapt to ever-changing area dynamics, according to an article in Valuation magazine’s first quarter 2019 issue...Read More
 
Appraisal Institute Opens Registration for 2019 Annual Conference
3/25/2019 3:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has opened registration for its 2019 Annual Conference, July 22-24, in Denver....Read More
 
Appraisal Institute Debuts Rural Valuation Seminar
3/22/2019 3:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, debuted a seven-hour classroom seminar on rural valuation issues today in Nashville, Tennessee...Read More
 
Appraisal Institute and Freddie Mac to Teach Valuation of Manufactured Homes
3/6/2019 5:00 AM
The Appraisal Institute and Freddie Mac today announced a partnership targeted to help real estate appraisers when valuing manufactured housing, meeting an important need for homebuyers, lenders, appraisers and homebuilders...Read More
 
New Appraisal Institute Book Addresses Corridor Valuation
2/27/2019 2:00 AM
Appraising energy and transportation corridors presents special challenges for real property valuation professionals, according to a new book published by the Appraisal Institute, the Appraisal Institute of Canada and the International Right of Way Association...Read More
 
Appraisal Institute Premieres Leasehold Valuation Seminar
2/22/2019 2:00 AM
The Appraisal Institute, the nation’s largest professional association of real estate appraisers, premiered a seven-hour classroom seminar on leasehold valuation issues today in Emeryville, California...Read More