The Appraisal Institute is the result of the 1991 unification of the appraisal professions two most respected organizations: the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Although newly formed, the Appraisal Institute draws on more than 50 years of experience and fosters high standards in the field of real estate appraising. As the worlds leading organization of professional real estate appraisers, the Appraisal Institute has general appraisal members who hold the MAI, SRPA, or SREA designation and residential appraisal members who hold the SRA or RM designation. Identified by their experience and knowledge of real estate valuation, these members adhere to a strictly enforced Code of Professional Ethics and Standards of Professional Appraisal Practice. Currently, the Appraisal Institute confers one general designation, the MAI, and one residential designation, the SRA.

For more information about designations see our FAQ page.