WestMichiganCG
Member
- Joined
- Sep 4, 2014
- Professional Status
- Certified General Appraiser
- State
- Michigan
My concern is that there is not a large demand for MAI's. I'm in a city of 200,000 and I got my first report this year that could only be done by an MAI. I've been an MAI since 2016 and a Certified General since 2013. It was a $2,000 Appraisal Report. I think it's a nice credential to have when you do court work, but it would be hard to argue I'm getting my premiums to cover my $1,470 annual dues. I'm hoping the Institute moves past this and is better for it. I'd love to see our profession get raised back up to what it used to be.The problem is the appraisal Institute reputation is already broken beyond repair in the appraisal community. They’re not getting new members and existing members are dying off or not renewing. I can’t imagine anyone is applying for membership into the appraisal Institute based on what we know today.
And I was in the process of filling my application out last year.
There will always be a core group of MAI’s who will stay involved because their work pays them to do so. And that helps that their work pays for all the dues. That was all part of the deal made decades ago, when someone else is paying you generally just keep doing it.