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What is the most important professional designation that a commercial real estate appraiser can hold?

MAI from the Appraisal Institute
55%
ASA from the American Society of Appraisers
2%
GAA from the National Association of Realtors
4%
CCRA from the National Association of Real Estate Appraisers
2%
Not sure / other
34%
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Question: What is the most important professional designation that a commercial real estate appraiser can hold?
Top Answer (55% of 43 votes): MAI from the Appraisal Institute.

Answer: Not sure / other
Explanation: All that's required is a Certified General Real Estate designation.
Fast Appraisals
Answer: MAI from the Appraisal Institute
Explanation: MAI from the Appraisal Institute is known as a designation of a commercial real estate appraiser; all the other designations are not really relevant.
Pamela Evans
Answer: Not sure / other
Explanation: Please visit the "Appraisal Institute's" website requirements page for information about Appraisal Institute designations.
Real Living Kee Realty
ProMatcher
Answer: MAI from the Appraisal Institute
Explanation: The MAI designation from the Appraisal Institute is the most prestigious designation available for the valuation of commercial property. The MAI designation indicates that the individual has the highest level of experience and education.
Residential Appraisal Associates
Answer: Not sure / other
Explanation: It's most important to have a State Certified General Appraiser license for commercial appraisals. Designations from private organizations can be helpful. However, Certified General Appraisers licensed by the State will typically have the same expertise as those with supplemental private designation. Of note, appraisers in all states require a license to prepare appraisals, but do require a designation from a private trade association.
V.A. Solano & Associates, Inc.
Answer: Not sure / other
Explanation: Each organization has its merits and each one has member appraisers that are qualified and experienced. In my case, I originally worked for appraisal firms with MAI members of the Appraisal Institute, and other firms with members of the National Association of Independent Fee Appraisers. The American Society of Appraisers is known for having members with different areas of specialization; such as real estate valuation members, equipment valuation members, business valuation members, and others.
Todd G. LiPira, SCGREA
ProMatcher
Answer: MAI from the Appraisal Institute
Explanation: MAI is at the top of the list for appraisers.
Sacramento Valley Appraisal
Answer: Not sure / other
Explanation: not sure
Corryn Appraisal Services
Answer: MAI from the Appraisal Institute
Explanation: MAI from the Appraisal Institute
Provost International Realty
ProMatcher
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Related Questions

Which organization do you feel best represents the interests of commercial real estate appraisers?Top answer: The Appraisal Institute

How long does it take to complete a commercial real estate appraisal?Top answer: Depends on the assignment

How Long Does It Take to Complete a Home Appraisal?Top answer: Less than 24 hours

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Related Topics

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