Appraisal Institute

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 provide a wide range of services on all types of real property related to providing, opinions of value, evaluations, review, consulting and advice on investment decisions, among other things. Property types may include commercial, industrial, agricultural, residential, and vacant land. 

To become a MAI Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified General Real Property Appraiser (or meet equivalency)
  • Hold bachelor's degree or higher (or be a Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Pass rigorous education requirements;
  • Pass a final comprehensive examination;
  • Receive credit for specialized experience that meets strict criteria; and
  • Receive credit for the demonstration of knowledge requirement.

These individuals have the necessary commercial property valuation experience and knowledge to produce a valuation that ensures confidence. MAI Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that MAI Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional 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 provide a wide range of services on all types of real property related to providing, opinions of value and review, among other things. Property types may include valuation of commercial, industrial, agricultural, residential, and vacant land.

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

  • Pass rigorous education requirements;
  • Received credit for real estate valuation experience (at least half of which related to income-producing properties);
  • Received credit for one income property demonstration valuation report that, exhibited two forms of depreciation, physical incurable deterioration or either functional or external obsolescence;
  • Conduct professional activities in accordance with the Appraisal Institute Code of Professional Ethics which are subject to a peer review process; and
  • Adhere to strict continuing education requirements that ensure knowledge in an evolving real estate field.

SRPA Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that SRPA Designated members reamin informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.

Find an SRPA designated appraiser near you!

SRA Membership Designation

The SRA membership designation is held by professionals who provide a wide range of services for  residential properties related to, providing opinions of value, evaluations, reviews, consulting, and advice regarding investment decisions, among other things.

To become a SRA Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
  • Hold bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Pass rigorous education requirements;
  • Receive credit for residential experience that meets meet strict criteria; and
  • Receive credit for the demonstration of knowledge requirement.

SRA Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that SRA Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.

Find an SRA designated appraiser near you!

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

AI-GRS Membership Designation

The AI-GRS membership designation is held by professionals who provide reviews of appraisals of a wide range of property types, including commercial, industrial, agricultural, residential, and vacant land. 

To become an AI-GRS Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified General Real Property Appraiser (or meet equivalency)
  • Hold a bachelor's Degree or higher (or be a Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Meet rigorous education requirements;
  • Pass a comprehensive examination; and
  • Receive credit for specialized appraisal review experience that meets strict criteria.

These individuals possess experience and knowledge to address issues unique to commercial real property reviews. AI-GRS Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that AI-GRS Designated members remain  informed on trends pertaining to reviews, enabling them to provide reviews that reflect 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 Membership Designation

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

To become an AI-RRS Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
  • Hold a bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Meet rigorous education requirements;
  • Pass a comprehensive examination; and
  • Receive credit for specialized appraisal review experience that meets strict criteria.

These individuals possess experience and knowledge to address issues unique to residential real property reviews. AI-RRS Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that AI-RSS Designated members reamin informed on trends and changes pertaining to reviews, enabling them to provide reviews that reflect 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.

SREA and RM Membership Designations

Some Designated members may also hold the SREA or RM membership designations conferred by Appraisal Institute predecessor organizations. The SREA designation is held by individuals who have  experience in real estate valuation and analysis and advise clients on real estate investment decisions. The RM membership designation is held by individuals who have experience in the valuation of single-family dwellings, along with two-, three- and four-unit residential properties. SREA and RM Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice. The completion of continuing education requirements assures that SREA and RM Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.

 

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