REAL ESTATE CREDENTIAL

MAI (Appraisal Institute) — Requirements, Cost & Value

Commercial valuation professionals. Issued by Appraisal Institute.

Last updated

THE SHORT ANSWER

MAI (Appraisal Institute) is a real estate credential issued by Appraisal Institute. State Certified General Real Property Appraiser credential, Appraisal Institute education and experience prerequisites, and a demonstration of knowledge requirement. The Appraisal Institute notes only about 8% of US appraisers hold one of its designations.

MAI (Appraisal Institute) is one of the credentials a licensed agent can add to sharpen a specialty and win listings against less-qualified competition. This page covers who issues it, what it takes to earn it, what it costs and whether it is worth the time.

ONE Terminus is an independent Realty ONE Group brokerage in Greater Atlanta. We are not the issuing body for this credential; we publish this reference because designations only pay off when the brokerage behind them lets you keep the production they generate.

Who it is for

Commercial valuation professionals.

  • Issuing body: Appraisal Institute
  • Official site: https://www.appraisalinstitute.org/

How to earn it

State Certified General Real Property Appraiser credential, Appraisal Institute education and experience prerequisites, and a demonstration of knowledge requirement.

What it costs and how it renews

Multi-year education, exam and membership costs; the Appraisal Institute publishes the current schedule.

Annual Appraisal Institute dues and continuing education.

Verify pricing with the issuing body before you enroll — course tuition and application fees are updated regularly.

Is it worth it?

The Appraisal Institute notes only about 8% of US appraisers hold one of its designations.

A credential earns its keep when it changes what you can charge or who will hire you. At ONE Terminus you keep 100% of your commission on a flat membership, so the production a designation creates stays with the agent who earned it instead of funding a split.

Common Questions

Who issues the MAI credential?

Appraisal Institute. Official site: https://www.appraisalinstitute.org/

What are the MAI requirements?

State Certified General Real Property Appraiser credential, Appraisal Institute education and experience prerequisites, and a demonstration of knowledge requirement.

How much does MAI cost?

Multi-year education, exam and membership costs; the Appraisal Institute publishes the current schedule. Annual Appraisal Institute dues and continuing education.

Is MAI worth it for a Georgia agent?

The Appraisal Institute notes only about 8% of US appraisers hold one of its designations. ONE Terminus members in Greater Atlanta pursue credentials like this while keeping 100% of their commission on a flat monthly membership.

Dues, fees and course requirements change. Everything here is compiled from each organization's own published material and is provided for orientation only — confirm current numbers directly with the organization before you enroll or apply. Official source: https://www.appraisalinstitute.org/. ONE Terminus is an independent Realty ONE Group brokerage and is not affiliated with, endorsed by, or speaking on behalf of MAI (Appraisal Institute).

Talk to ONE Terminus

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