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SRA designation (source: The Appraisal Institute)
The SRA professional membership designation is held by real estate solutions providers who are experienced in the analysis and valuation of residential real property. The current requirements that an appraiser must fulfill to receive the SRA designation are as follows
Education:
- Receive a passing grade on six examinations that reflect 200 hours of classroom instruction and that test the appraiser’s knowledge of appraisal principles, residential valuation techniques, report writing and standards of professional practice
- Hold an Associate degree from an accredited educational institution (or satisfy a specified alternative)
Experience: Receive credit for 3,000 hours of Residential Appraisal Experience (must cover at least 24-months).
Demonstration Report: Receive credit for a demonstration appraisal report relating to a residential property that demonstrates the ability to present a properly supported value estimate or opinion evaluating the nature, quality, or utility of a parcel of real estate or any interest in, or aspect of, real property, or fulfill an approved comparable alternative. |
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Affiliated Appraisers Phone: 661-327-9045 Fax: 661-327-2331 E-mail: gary@affiliatedappraisers.biz |
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