- Nov 1, 2006
- Professional Status
- Certified General Appraiser
I have a lot of friends on the interwebsitethingy and I have been asked to look over four demonstration reports in the last decade (I am not MAI) and the work that goes into them is astounding and tiring just to read.No, the MAI is more like a master’s in real estate, light on the campus setting but heavy on the applied work requirement. Also known as a ‘Minimum of Appraiser Intelligence’ in some circles, this opens the door to a $1,400 bill each new years day. How is that for smart! Already a general appraiser, the MAI work drills deeply into each valuation approach, and provides access to a valuation library for those late night perusals of rights theory. It is unlikely that work becomes so income bereft that the used house sales hat is attractive, but who knows what goes on in cornhusker land.
I know of no MAI that makes less than $200,000 per year from my small circle of friends.