What Qualifies for Residential Experience Credit for the AI-RRS Designation Path?
The Definition of Residential Experience is work relating to residential real estate that is covered by the Standards of Professional Appraisal Practice of the Appraisal Institute, or experience gained by providing practical solutions to residential real property economics problems as may be further defined by the Admissions and Designation Qualifications Committee (ADQC).
The Appraisal Institute Certification Standard requires Candidates and Designated members to include certain certification statements in addition to those required by USPAP, IVS, or applicable standards. Candidates and Designated members are required to use the exact wording for all of statements required by the Certification Standard.
Candidates Who Hold an Active General or Residential State Certification
Certified General or Residential Candidates will need to submit and receive credit for their most recent 1,000 hours of qualifying residential review appraisal experience (must meet USPAP Standard 3, SVP Standards B and C, or equivalent), over at least the last 6 months.
Candidates Who Do NOT Hold an Active General or Residential State Certification
For those who are not general or residential state certified, you will need to log and receive credit for at least 3,000 hours of residential experience, of which 1,000 hours of credit meets USPAP Standard 3, SVP Standards B and C (or equivalent). This work must be your most current work. You must list all assignments performed over the time period that meets the definition of Residential Experience and for which you have Significant Professional Responsibility. A maximum of 2,000 hours per twelve (12) month period will be allowed, therefore; it is possible that your total hours will exceed the required hours.
All work for which experience is claimed must have been performed for a business purpose (mock review experience is ineligible).
Reports must be submitted in their entirety, which means that the report is to be submitted just as it was sent to the client. Reports are not to be edited or altered in any way for the experience process.
Designated Members Pursuing Review Designations
Alternative review experience submission for MAI, SRPA, SRA, RM, RPRA, and ARM Designated members who are also Candidates for the Review Designation program. If you are not currently a Candidate on the residential review path, please complete the Add a Candidate Path Application first.
Online Application - Residential Review Experience Alternative Path (secured)
Residential Review Criteria and Resources
Experience Guidebook This document includes guidelines for submission of experience, experience screening tips for Candidates preparing for a successful interview, mass appraisal guidelines, instructions and application for college instructors, Appraisal Institute Certification Statements (required), etc.
Common Errors & Issues Learn how to avoid common errors.
Common Errors & Issues in Review Learn how to avoid common errors in appraisal review.
Review Experience FAQs Common questions regarding the review experience requirement process.
Note: Filling in your experience log on a regular basis (e.g. weekly or monthly) will ensure that your experience details are captured efficiently and accurately. PDF Application (if online is not available).
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