MAI designates must meet the following requirements:
Because of its rigorous requirements and commitment to providing valuable information, continuing education and other valuable resources to its members,you can be confident an appraiser with an MAI designation will provide you with the very highest quality service on virtually any appraisal assignment, even the most complex commercial appraisal.
MAI stands for Member, Appraisal Institute. The Appraisal Institute is an international membership association of professional real estate appraisers, with more than 18,000 members and 99 chapters throughout the United States, Canada and abroad. Its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The MAI designation, its most prestigious, is held by appraisers who are experienced in the valuation of commercial, industrial, residential, and other types of property and who advise clients on real estate investment decisions.
Appraisers holding the MAI designation have met rigorous requirements relating to education, testing, experience and demonstration of knowledge, understanding and ability.