SRA Designation (source: The Appraisal Institute)
The SRA designation, the Institute's most prestigious for its members who practice primarily residential appraisal, is held by real estate solutions providers who are experienced in the analysis and valuation of residential real property. Many SRA's continue their appraisal education to include appraisal of property other than residential, such as, income producing property, agricultural, multi-family residential, commercial, offices, retail, industrial, and special use type property in order to obtain a certification as a General Real Estate Appraiser which I did in 1991.
Receive credit for 4,000 hours of experience, including 2,000 hours of residential appraisal experience, all of which must meet strict criteria. 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. Because of its rigorous requirements and commitment to providing valuable information, continuing education and other valuable resources to its members, you can be confident an appraiser with an SRA designation will provide you with the very highest quality residential appraisal service. |