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I am looking for a designation

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screwmoose

Thread Starter
Freshman Member
Joined
Dec 5, 2007
Professional Status
Certified Residential Appraiser
State
Florida
I passed by state exam last summer and now I am looking to get a designation behind my name. What is best one for me to get? It is slow so I might as well work on this. Secondly do you think it is actually worth gettting a designation behind your name? Do company actually look at this? I am sure they do, I just want somebody elses opinion on it. Thanks for your help.

Jerry
 

talltx1

Freshman Member
Joined
Mar 5, 2008
Professional Status
Certified Residential Appraiser
State
Texas
As soon as I earned my SRA designation, the state certification was initiated. Ask me how many times someone has asked for a copy of my SRA designation in the last 16 years. Once, I think. In my opinion, the only designation that still means something is the MAI. Get it and get out of this residential mess!
 

Howard

Sophomore Member
Joined
Dec 12, 2007
Professional Status
Certified General Appraiser
State
Missouri
What types of property will you be appraising?
 

Joyce Potts

Elite Member
Supporting Member
Joined
Feb 6, 2005
Professional Status
Certified Residential Appraiser
State
Florida
I'm also looking for a designation that's really worth something. Please let me know what you find.

Joyce J. Potts, SRA
 

JT1974

Senior Member
Joined
Dec 16, 2006
Professional Status
Certified General Appraiser
State
Wisconsin
If you plan on doing residential work, I would recommend you go for the SRA. During the housing boom a designation was pretty much worthless for residential appraisers as lenders and mortgage brokers just wanted fast and cheap and didn't care about quality. However, now that the housing market is in the tank, I would guess that lenders may indeed start looking for the best appraiser available rather that the cheapest. I guess only time will tell but if you're just sitting around anyway why not further your education?
 

Joyce Potts

Elite Member
Supporting Member
Joined
Feb 6, 2005
Professional Status
Certified Residential Appraiser
State
Florida
If you're geared toward commercial work, by all means go for the MAI.

If you're geared to residential, I wouldn't bother with the SRA if I were you. It's time for the residential membership of the AI to break away and form a new organization that is truly looking out for their paying membership, IMO.
 

Michigan CG

Moderator
Staff member
Moderator
Joined
Nov 1, 2006
Professional Status
Certified General Appraiser
State
Michigan
As soon as I earned my SRA designation, the state certification was initiated. Ask me how many times someone has asked for a copy of my SRA designation in the last 16 years. Once, I think. In my opinion, the only designation that still means something is the MAI. Get it and get out of this residential mess!

Although you don't get much recognition from the designation you should be proud that you took the initiative to take the time, effort and dedication to get that designation. I am sure you would agree that it made you a better appraiser. Less than 5% of your peers have put in the effort you have.
 

Wendy

Senior Member
Joined
Feb 23, 2004
Professional Status
Certified Residential Appraiser
State
Florida
If you don't have one, I'd pursue a degree before I chased a designation.
 
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