GET SPECIALIZED EXPERTISE

Not all appraisers are created equal. When your case requires experience on a particular type of property or property issue, such as eminent domain, condemnation or divorce proceedings, look to designated members of the Appraisal Institute. MAI and SRPA designated appraisers specialize in commercial valuation, including industrial, retail and multifamily properties, while SRA designated members are experienced in residential valuation.

GET AN EXPERT WITNESS

Attorneys hiring Appraisal Institute designated appraisers will work with unbiased, experienced professionals committed to conducting business in accordance with the strict code of ethics and standards of the Appraisal Institute. The courts also recognize the value of MAI, SRPA and SRA designations in expert witness testimony of a state licensed or certified appraiser and may give more weight to the opinions of appraisers with those designations.

GAIN THE ADVANTAGE

Retaining an MAI, SRPA or SRA designated appraiser early can save time and help you develop a winning strategy. Appraisal Institute designated appraisers can offer strategic and problem-solving advice throughout mediation, arbitration or trial. They can help identify strengths and weaknesses of appraisals, prepare for trial deposition and rebuttal testimony, and advise on standards of professional appraisal practice.

GET A THIRD-PARTY REVIEW

An MAI, SRPA or SRA designated appraiser can also provide attorneys with valuable third-party review of their appraiser’s work and that of opposing counsel by: identifying issues of competency or bias, verifying data, analyzing and supporting reasoning, and pinpointing inconsistencies and technical and procedural flaws.