Commercial Real Estate Appraiser MAI Designation Defined| Home, Commercial, Industrial Appraisal |

Commercial Real Estate Appraisers | Consultants

MAI Appraisal designation (source: The Appraisal Institute)

MAI is an appraisal designation and stands for Member Appraisal Institute. The Appraisal Institute is an international membership association of professional residential and commercial real estate appraisers, with more than 18,000 members and 99 chapters throughout the United States, Canada and abroad. Its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The designation, is the most prestigious, is held by MAI appraisers who are experienced in the valuation of real estate, commercial, industrial, residential, and other types of property and some of whom advise clients on real estate investment decisions.

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 appraisers knowledge of basic and advanced real estate appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice
Receive a passing grade on a four-module, two-day comprehensive examination
Hold an undergraduate degree from a four-year accredited educational institution

Experience:

Receive credit for 6,000 hours of experience, including 3,000 hours of specialized commercial real estate appraisal experience, all of which must meet strict criteria.

Demonstration Report:

Receive credit for a demonstration commercial real estate appraisal report relating to income-producing property that demonstrates the ability to present a properly supported value estimate or opinion evaluating the nature, quality or utility of a parcel of real estate or any interest in, or aspect of, real property, including handling physical incurable depreciation, or fulfill an approved comparable alternative. Because of its rigorous requirements and commitment to providing valuable information, continuing education and other valuable resources to its members, you can be confident an MAI appraiser designation will provide you with the very highest quality service on virtually any appraisal assignment, even the most complex commercial appraisal or real estate consulting assignment.

Locating a Commercial Real Estate Consultant:

There are various chapters of the Appraisal Institute located in each major geographical area. In each major city throughout the nation you can find a commercial appraiser. In California you can find one in each major county including, Los Angeles County, Orange County, San Diego, Riverside County, San Bernardino, and Ventura Counties.

An MAI commercial real estate appraiser maintains high professional ethical standards. Therefore, you can count on a designated commercial real estate consultant to provide you with high standards and high quality appraisal reports. When you are in need of a real estate appraiser we are ready to help.

Commercial Real Estate Consultants

MAI Appraiser is a Trade Mark of the Appraisal Institute

Commercial Real Estate Journal

Property Mogul Poised to Fall Again
5/9/2008 4:08 AM
Ian Bruce Eichner is on the verge of losing control of his Las Vegas casino-resort project -- 16 years after a similar loss in Times Square. His roller-coaster track record shows that in commercial real estate, failure on an epic scale need not be a career killer......

Real-Estate Drop Has a Green Lining
5/8/2008 11:21 PM
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves......

Wachovia's Big-Loan Executive Is Leaving
5/7/2008 8:03 AM
Wachovia's Robert Verrone, known for his deal making, is expected to leave. The bank's first-quarter loss will widen due to new write-downs......

Progress Is Slow in Coming to Hard-Hit City
5/6/2008 8:02 PM
Decades after deep job cuts in the steel and manufacturing plants, Gary, Indiana's residents and real estate still bear the scars......

REITs' Solid Results May Prove Fleeting
5/6/2008 10:41 PM
Executives at real-estate investment trusts are cautious about the outlook for the rest of the year, despite surprisingly strong earnings for the first quarter......

U.K. Commercial Woes Mount
5/6/2008 8:15 PM
Commercial-property owners in England already struggling with the credit crunch and falling asset values have a new woe to add to the list: higher taxes on empty properties......

Commercial Building Rebounded in March
5/6/2008 8:05 PM
After declining for several months, spending on commercial construction bounced back in March......

Centro See-Saw
5/6/2008 11:11 PM
Shopping-center owner Centro Properties Group, which needed to secure its fourth repayment extension on $4.9 billion in debt by Wednesday, had to grant one of its lenders a mulligan to do so......

Falling Prices Hit Builder Horton
5/6/2008 8:07 PM
D.R. Horton swung to a loss on $834.1 million in pretax charges related to inventory impairments and write-downs of land......

Tropicana Makes Bankruptcy Filing
5/6/2008 1:38 PM
Casino operator Tropicana filed for Chapter 11, the largest corporate filing of the year, following a missed interest payment on a $1.32 billion loan......