Curtis L. Frazier, MAI
Jerry Maier, MAI
Thomas M. Scaletty, MAI
At Mainland Valuation Services, three of our partners are MAI credentialed professional appraisers. This level of combined experience is a distinction that provides a true benefit to our clients.
When selecting an appraisal professional, it is essential that the professional has the experience, education, competence, and integrity necessary to serve you properly.
At a bare minimum, the appraiser should be licensed and certified by the state's licensing authority. To attain such licensing, an appraiser must meet specific minimum education and experience requirements and pass a thorough written exam.
Not all licensed appraisers have the competence and professionalism necessary to produce accurate and meaningful valuations. Top appraisers go beyond the minimum requirements and enrich themselves with advanced continuing education courses and seminars in order to stay up-to-date on the latest trends and techniques in the profession. A top appraiser also has the in-depth knowledge of his market area that comes from many years of experience and maintains the highest degree of trust and integrity in every aspect of their appraisal practice.
It is not difficult to find the top appraisers. The Appraisal Institute (the leading appraisal association in the U.S.) maintains a professional designation known as the MAI. The MAI designation is held by appraisers who have extensive experience in the valuation of a wide variety of commercial, residential, and other types of real estate. MAI appraisers perform appraisals and advise clients on real estate investment decisions.
To become an MAI, an appraiser must meet rigorous education requirements, pass a notoriously-difficult comprehensive examination, show proof of specialized experience (meeting strict criteria), and submit a thorough demonstration appraisal report that indicates the appraiser's high level of competence.
Furthermore, every MAI must conduct his or her professional activities per the Appraisal Institute's Code of Professional Ethics, which is enforced with a peer review process. MAI appraisers are also required to meet strict continuing education requirements, ensuring that they are always up-to-date with the constant changes in the real estate field.