Review Designations Program
The Appraisal Institute’s new review designation program will take effect Jan. 1, 2014. The first new Appraisal Institute designations in more than 20 years will be: AI-GRS (Appraisal Institute – General Review Specialist) and AI-RRS (Appraisal Institute – Residential Review Specialist).
The Appraisal Institute established a professional appraisal review designations program in response to the growing and critically important role that appraisal review plays in risk management and mitigation for many clients/users of appraisal services. The new designation program is aimed at providing professional reviewers with the knowledge and skills needed to satisfy issues related to due diligence and risk management often requested by their employers and clients.
Appraisal Institute Designated members can begin to fulfill the requirements for the review designations now. Individuals who are not AI designated can become candidates within the review designation program and embark on a path to designation. (Please note: some of the requirements these individuals must fulfill have yet to be made available.)
AI will offer four new courses, which constitute the core education to the review designation program.
Appraisal Institute chapters will be able to offer the Review Theory—Residential and Review Theory—General courses after Feb. 15 and April 15, 2014, respectively.
The two case study courses, Review Case Studies—General and Review Case Studies—Residential, will premiere in July 2014, and are tentatively slated to be released to chapters for offerings in the fall 2014.
The following documents are intended to educate Appraisal Institute Designated members, Candidates for Designation, Practicing Affiliates and other interested professionals on the requirements for the Appraisal Institute’s review designation program.
Application for Adding a Candidate Path
Current Designated members and Candidates for Designation interested in entering a Candidate path to one or both review designations.
Application for Category Change
Current Practicing Affiliates interested in entering a Candidate path to one or both review designations.