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As
the world's leading organization of professional real estate
appraisers, the Appraisal Institute has general appraisal
members who hold the MAI or SRPA designation and residential
members who hold the SRA designation. Identified by their experience and knowledge of real
estate valuation, these members adhere to a strictly enforced
Code of Professional Ethics and Standards of Professional
Appraisal Practice. Currently,
the Appraisal Institute confers one general designation, the
MAI, and one residential designation, the SRA.
Appraisal
Institute professional membership designations are conferred
on individuals who have met stringent education requirements
and have demonstrated appraisal experience. Once designated, members participate in a program of
continuing education. Training
in up-to-date valuation techniques, coupled with experience
and integrity, make Appraisal Institute members the preferred
source for high quality appraisal services.
MAI
- The MAI membership designation is held by appraisers who are
experienced in the valuation of commercial, industrial,
residential, and other types of properties, and who advise
clients on real estate investment decisions.
SRPA
- The SRPA membership designation is held by appraisers who
are experienced in the valuation of commercial, industrial,
residential, and other types of properties.
SRA
- The SRA membership designation is held by appraisers who are experienced in the valuation of single-family
homes, townhouses, and residential income properties of up to
and including four units.
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