Designations

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Designations - What Do They Mean?

The Appraisal Institute offers interested persons the opportunity to earn a professional designation through their education program.

The MAI membership designation is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential, and other types of properties, and who advise clients on real estate investment decisions.

The SRPA membership designation is held by appraisers who are experienced in the valuation of commercial, industrial, residential, and other types of property.

The SREA membership designation is held by appraisers who are experienced in real estate valuation and analysis and advise clients on real estate investment decisions.

The SRA membership designation is held by appraisers who are experienced in the valuation of single-family homes, townhouses, and residential income properties of up to and including four units.

The RM membership designation is held by appraisers who are experienced in the valuation of single-family dwellings and two-, three-, and four-unit residential properties.

To obtain a designation, one must complete class work as well as obtain practical experience. Often this is accomplished under the tutelage of a more experienced appraiser in their area of interest. The Appraisal Institute offers a variety of classes for the potential candidate and those who need to meet continuing education requirements. Please visit the Appraisal Institute's website for a list of the classes available.

The Green Country Chapter of the Appraisal Institute also offers classes for continuing education on topics of interest to local appraisers. See the "Upcoming Classes and Seminars" section below for current offerings.

Each prospective candidate must submit an Application for MAI Designation and/or an Application for SRA Designation after meeting all requirements. Once designated, members are required to participate in a program of continuing education each year. The Green Country of Oklahoma Chapter of the Appraisal Institute offers seminars and classes to meet continuing education requirements.

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