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CPA + MAI salary?

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GDavidson87

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Feb 15, 2008
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Im a 20 year old accounting and economics senior in college now. i sit for the CPA exam in about a year and a half but am also interested in getting an MAI in the next 5-7 years--possibly go to Texas A&M, John Hopkins or another Appraisal Institute approved RE masters program to have the credits applied toward MAI designation....

you appraisers are good at valuation.. so what kind of salary would you think i could pull in with a CPA and MAI??? i'm at that point in my college career where i need to start making some decisions about which career paths to follow and info about salary is EXTREMELY had to find on the internet (most say 60K and i think thats low-balling it-- i dont believe it)

PLEASE HELP!!!

Garrett
 

Richard Carlsen

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Jan 15, 2002
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Licensed Appraiser
State
Michigan
Not much unless you go back and retake Typing 101.

And with an attitude of asking how much you could "pull in", if I were in the hiring mode, I would have to think twice about taking on someone who just wants to "pull in" big bucks.

Your income will and should be commensurate with you worth to your employer. No more, no less.

And remember that in business:

Your raise will become effective as soon as you do.
 

Mike Kennedy

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Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
forget the MAI........

CPA / LAW DEGREE is the way to go. Tax Attorney w/CPA...... double the bucks with much more of a future.
 

TC

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Certified Residential Appraiser
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Pennsylvania
I thought you had to have x amount of years as an accountant before sitting for the CPA? It will take you at least 5 years experience before taking the MAI comprehensive, I believe.

TC
 

GDavidson87

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Richard,

Thanks. Please relax. I'm guessing you're in the 60K bracket and you're just a little sour, right?
 

GDavidson87

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Also, I have another question:

The appraisal business appears to be dominated by older men (please correct me if I'm wrong). It's really not one of those fields that many young professionals consider when they're graduating from college-- possibly because CPAs, and J.D.s get more publicity. Do you think that a young professional in the appraisal business would have a hard time getting a start because you'll never "have as much experience" as the older appraisers do? Sorry, but I'm trying to think of a better way to phrase this but I hope you get the point. Thanks a lot.

Garrett
 

GDavidson87

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TC, it actually depends on the state. In Illinois, you don't have to meet any quantifiable # of hours to sit for the CPA. You merely have to show that you have enough experience. In most other states, the experience requirement is 1 year.

Garrett
 

Mr Rex

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North Carolina
Richard,

Thanks. Please relax. I'm guessing you're in the 60K bracket and you're just a little sour, right?

A 60k typist gig would be sweet, but she would have to know when to capitalize and wear short skirts. The local community college will likely turn you away if your OP is representative of your communication skills after a few years in college. Come on in, the water is fine.
 

Chris Colston

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Jul 24, 2003
Professional Status
Certified Residential Appraiser
State
Florida
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The appraisal business appears to be dominated by older men (please correct me if I'm wrong).

Consider yourself corrected. My first mentor, over 20 years ago, was the first female MAI in the state of Maryland. I've been appraising real property longer than you've been alive!
 
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