Designations
The MAI designation is awarded by the Appraisal Institute, a global professional association of real estate appraisers, with nearly 21,000 professionals in almost 60 countries throughout the world. The MAI membership designation is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential and other types of properties, and who advise clients on real estate investment decisions.
These appraisers have the necessary commercial property valuation experience and knowledge in a property’s relevant geographic area to produce a valuation that instills confidence. They have a proven commitment to ethical practices, as Appraisal Institute MAI Designated members agree to adhere to the Appraisal Institute code of professional ethics and standards of professional appraisal practice.
The MAI designation has long been recognized by courts of law, government agencies, financial institutions and investors as a mark of excellence in the field of real estate valuation and analysis.
The CCIM Institute was established in 1954 to give commercial real estate practitioners a previously unrealized opportunity to further their business practices through focused education and networking opportunities.
Today, with the addition of advanced technology tools, CCIM is the global leader in commercial and investment real estate education and services. And the coveted CCIM designation, recognized as a hallmark of professional competency, affords members an undisputed competitive advantage.
Belonging to CCIM means being part of an ethical and knowledgeable network that fosters lasting relationships based on mutual respect. Our membership represents diversity in culture, gender, and age from all disciplines in the commercial real estate industry.
License
A Pennsylvania Certified General Appraiser has met all standards and requirements set forth by the Commonwealth of Pennsylvania to demonstrate knowledge in commercial real estate appraisal. Meeting these requirements takes several years and requires a bachelor’s degree with business-related coursework, 300 hours of specialized commercial appraisal education, 3,000 hours in appraisal experience, and successful completion of the state licensure exam. These requirements are set forth to provide a level of objectivity in the appraisal process in efforts to uphold the public’s trust in the appraisal profession. Nick Skladany, MAI, CCIM has met these requirements.