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What are the Qualifications to be an Appraiser?

April 26, 2017appraiser qualifications

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What are the Qualifications to be an Appraiser?

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All states require appraisers to be, at a minimum, state licensed or state certified. However, the Appraisal Institute encourages appraisers to go beyond these minimum requirements to earn a professional MAI general designation or SRA residential designation. Appraisal Institute designated members have fulfilled rigorous education and experience requirements and must adhere to strict industry standards and a professional code of ethics. Members of the Appraisal Institute may hold one or several designations. General appraisal members hold the MAI, SRPA, or SREA designation while residential appraisal members hold the SRA or RM designations. Currently the Appraisal Institute offers only the MAI and SRA designations in their education programs.