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AI Designations

Jump to: MAI Designation SRPA Designation SRA Designation AI-GRS Designation AI-RRS Designation

 

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
  • Receive credit for the demonstration of knowledge requirement

These appraisers have the necessary commercial property valuation experience and knowledge in a property’s relevant geographic area to produce a valuation that instills confidence. They have a proven commitment to ethical practices, as Appraisal Institute MAI Designated members agree to adhere to  the Appraisal Institute code of professional ethics and standards of professional appraisal 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.

Find an MAI Designated member near you!

Learn more about the current requirements to achieve the MAI designation.

SRPA Membership Designation

The SRPA 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 and review, among others.  Property types may include valuation of commercial, industrial, agricultural, residential, vacant land and others.

The requirements that an appraiser must have fulfilled for the SRPA designation were as follows:

  • Pass rigorous education requirements
  • Received credit for real estate appraisal experience, at least half of which had to relate to income-producing properties
  • Received credit for one income property demonstration appraisal report, which exhibited two forms of depreciation, physical incurable deterioration or either functional or external obsolescence
  • Conduct his or her professional activities in accordance with the Appraisal Institute’s Code of Professional Ethics and are subject to a peer review process, which enforces the Code of Professional Ethics
  • Appraisal Institute SRPA members are required to adhere to strict continuing education requirements to ensure they are up-to-date with the evolving real estate field.

Find an SRPA designated appraiser near you!

 

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
  • Receive credit for the demonstration of knowledge requirement

Find an SRA designated appraiser near you!

Learn more about the current requirements to achieve the SRA designation.

 

AI-GRS Designation

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 review appraisers possess experience and knowledge that give them the tools to address the issues unique to general and commercial real property review appraisals. 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.

These review appraisers must stay informed of developments pertaining to review of general and commercial real property appraisals, enabling them to provide review appraisals reflecting the latest in professional practice.  

Find an AI-GRS Designated member near you!

Learn more about the current requirements to achieve the AI-GRS designation.

AI-RRS Designation

The AI-RRS membership designation is held by professionals who can provide reviews of residential appraisals.

To become an AI-RRS 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 residential appraisal review that meets specific standards.

These review appraisers possess experience and knowledge that give them the tools to address the issues unique to residential real property review appraisals. AI-RRS 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.

These review appraisers must stay informed of developments pertaining to review of residential real property appraisals, enabling them to provide review appraisals reflecting the latest in professional practice.

Find an AI-RRS Designated member near you!

Learn more about the current requirements to achieve the AI-RRS designation.

Other Designations Some designated members may also hold the SREA or RM membership designations, which were conferred by the Appraisal Institute’s predecessor organizations. The SREA designation is held by appraisers who are experienced in real estate valuation and analysis and advise clients on real estate investment decisions. The RM membership designation is held by appraisers who are experienced in the valuation of single-family dwellings and two-, three-, and four-unit residential properties.

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