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View the requirements to achieve the MAI Designation, for valuation professionals who provide services for a variety of property types.
Common questions and answers for accomplishing MAI Desigination with Appraisal Institute.
MAI Membership Designation. The MAI membership designation is held by professionals who provide a 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.
Core requirements for designation include: First-year Standards & Ethics, General Demonstration of Knowledge, Specialized Experience, Designation Education courses and/or examinations (General Appraiser Report Writing and Case Studies (course/exam required); Advanced Income Capitalization; Advanced Market Analysis and Highest & Best Use; Advance...
MAI designation is for a certified appraiser and member of the Appraisal Institute who has met strict testing, standards and experience requirements. Minimum requirements include: a. Advanced Income Capitalization. b. Advanced Market Analysis and Highest & Best Use. d. Quantitative Analysis.
MAI designates must meet the following requirements: Education: Receive a passing grade on 11 examinations that reflect 380 hours of classroom instruction and that test the appraiser’s knowledge of basic and advanced appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice
As you progress through the trainee process, you will accumulate education requirements towards your general certification license as you also complete 300 classroom hours, as outlined by the Appraisal Institute (AI). Some of your undergraduate coursework may count towards these requirements.