The Appraisal Institute will begin issuing two review designations in 2014.
The AI-GRS, (Appraisal Institute – General Review Specialist) and AI-RRS (Appraisal Institute – Residential Review Specialist) designations will be the Institute’s first new designations in more than 20 years.
“Research shows that individuals who hold professional designations have enhanced earning potential compared to non-designated individuals,” said AI president Richard L. Borges II, MAI, SRA.
“This is especially true for those in the real estate valuation profession who hold a designation from a recognized professional association.”
The move comes in response to the growing role that appraisal review plays in risk management and mitigation for many clients and users of appraisal services.
