Remove Design Remove Property Appraisal Remove Real Property Remove Valuation
article thumbnail

How Do I Earn the MAI Designation?

Real Quantum

How Do I Earn the MAI Designation? Appraisers come in all shapes and sizes. However, appraisers who want to take their day job to the level of a serious career have some fantastic options to stand out from the crowd. But what is the MAI designation exactly, and how does someone go about applying? Keep reading to find out.

Design 68
article thumbnail

Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Ways to Motivate Your Commercial Appraisal Team

Real Quantum

The highest designation in the appraisal profession is the MAI membership designation. The requirements for this designation are below and should be the expectations for your team. Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency).

article thumbnail

6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.”

article thumbnail

Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

They tend to assume that the trainee, once she earns the Certified Appraiser designation , will set up shop as a competitor. On the other hand, the appraisal industry needs fresh blood. The existing population of licensed and certified appraisers is aging—and in some markets, shrinking.

article thumbnail

Why Do Square Footage Disputes Arise?

Empire Appraisal Group

The agencies’ standards recognize situations when finished attics, garage conversions, and additions may be included in the gross living area, specifically when such improvements are accessible from the interior of the primary dwelling and have a permanent, sufficient heat source, as well as similar design and quality of construction.

Sellers 78
article thumbnail

Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Let’s explore how solar panels and other green features add value to real property.