At Paramount Property Analysts, we are proud to have three members of our team who have earned the prestigious MAI designation from the Appraisal Institute.
There are a lot of choices available to people who are in need of real estate appraisal services. Deciding on who handles this important task can make a big difference in the final quality of the appraisal you receive. The state of Texas has certification processes in place to ensure that professionals offering these services adhere to state law and provide a quality product.
Real estate appraisers that wish to go beyond these certification requirements and prove their mastery of the skills required can do so through the Appraisal Institute. Headquartered in Chicago, Illinois, the Appraisal Institute serves as the nation’s largest professional organization for real estate appraisers. The Institute helps to support their members through public relations, continuing education, and professional designations.
The MAI Designation
The highest-level designation available through the Appraisal Institute is the coveted MAI. The requirements for earning this designation go far beyond those necessary to earn state certification. In addition to maintaining state certification, real estate appraisers who wish to earn and maintain the MAI Designation must also meet the Appraisal Institute’s rigorous standards.
Because of the power they wield over large financial transactions, MAI designees must first prove they have good moral character. Earning the designation is a sure sign that an appraiser treats all appraisals in a fair and honest manner. Designees must adhere to all industry standards and uphold the highest ethical requirements.
Secondly, appraisers must prove they have the industry experience to confidently provide their services in a wide range of situations. MAI designees have been practicing their craft successfully throughout their career and built solid reputations for excellence.
Finally, to earn the MAI Designation, applicants must pass the Appraisal Institute’s stringent educational and testing requirements. In addition to holding at least a bachelor’s degree from an accredited institution, they must complete an extensive education, training and testing regimen. Once appraisers earn the MAI Designation, they also must meet continuing education requirements to maintain the designation.
MAI Designated Appraisers at Paramount Property Analysts
When you hire an MAI designee to handle your real estate appraisal needs, you can rest assured that you will receive the utmost in thoroughness and professionalism. The entire team at Paramount Property Analysts prides itself on providing the best customer service in the industry. Call us today to discuss how we can help you.