Appraisal Institute
The SRA Membership Designation
The SRA membership designation is held by professionals who provide a wide range of services for residential properties related to providing opinions of value, evaluations, reviews, consulting, and advice regarding investment decisions, among other things.
To become a SRA Designated member of the Appraisal, an individual must:
Have good moral character
Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
Hold bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
Meet standards and ethics requirements
Pass rigorous education requirements
Receive credit for residential experience that meets meet strict criteria; and
Receive credit for the demonstration of knowledge requirement.
SRA Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice. The completion of continuing education requirements assures that SRA Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.
AI-RRS Membership Designation
The AI-RRS membership designation is held by professionals who provide reviews of residential appraisals.
To become an AI-RRS Designated member of the Appraisal Institute, an individual must:
Have good moral character;
Be a Certified Residential or Certified General Real Property Appraiser (or meet equivalency)
Hold a bachelor's degree or higher (or be a Certified Residential or Certified General Real Property Appraiser)
Meet standards and ethics requirements
Meet rigorous education requirements;
Pass a comprehensive examination; and
Receive credit for specialized appraisal review experience that meets strict criteria.
These individuals possess experience and knowledge to address issues unique to residential real property reviews. AI-RRS Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice. The completion of continuing education requirements assures that AI-RRS Designated members remain informed on trends and changes pertaining to reviews, enabling them to provide reviews that reflect the latest in professional practice.
