What is an MAI?

What is an MAI Appraiser?

MAI The MAI designation is the highest standing that is available to an appraiser. An appraiser can be a candidate for an MAI designation only after becoming a certified general appraiser.

The requirements to become an MAI are much more rigorous than the requirements set forth to become a certified general appraiser; the MAI designation requires additional education and experience, as well as the passage of a rigorous examination, and completion of a demonstration report.

MAI designated appraisers have education and experience in all levels of appraisal work, from the very simple to the most complex assignments. If you need an appraisal, why would you not employ the most qualified professional? Appraisals performed by MAI’s are among the most sought after appraisals in the commercial real estate community.

The Appraisal Institute is a professional organization which monitors its members and holds them to a higher standard than appraisers who have not achieved the designation, and do not belong to such an organization. Technically, there is no such thing as an “MAI appraisal.” There are only appraisals performed by an appraiser who has completed the Appraisal Institute’s designation requirements, and holds the MAI designation.