How does one become qualified to be an appraiser?
As a result of congressional action, all states require appraisers to be state licensed or certified. The Appraisal Institute though encourages appraisers to surpass the minimum requirements and earn a professional designation (SRA or MAI). Designated members of the AI must have fulfilled rigorous educational and experience requirements and are compelled to adhere to strict industry standards and a professional code of ethics.