Frequently Asked Questions

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Eminent Valuations is located centrally in the State of Florida with coverage areas encompass all of central, northeast, southeast, and southwest Florida.

The cost of an appraisal with Eminent Valuations varies depending on the type of property and other factors. Please contact us for a quote.

All of Eminent Valuations appraisers are licensed or certified by the state and have extensive experience in the industry. We are committed to providing our clients with the highest quality appraisal services.

The MAI designation from the Appraisal Institute is an important and highly respected credential in the field of real estate appraisal. The Appraisal Institute is a professional organization that specializes in real estate valuation and appraisal, and the MAI designation represents a significant level of expertise and experience in this field. Here's why it's important when considering an appraiser:

1. Rigorous Education and Training: To earn the MAI designation, appraisers must complete a comprehensive curriculum of education and training. This includes coursework in real estate valuation, market analysis, ethics, and various specialized topics related to appraising. This rigorous training ensures that MAI-designated appraisers have a strong foundation in the principles and practices of real estate appraisal.

2. Experience Requirements: Appraisers pursuing the MAI designation are required to have a certain amount of experience in real estate appraisal. This ensures that MAI appraisers have practical knowledge and expertise in the field.

3. Ethical Standards: MAI-designated appraisers are bound by a strict code of ethics and professional standards set by the Appraisal Institute. This commitment to ethical behavior and professionalism is important for maintaining the integrity of the appraisal process.

4. Market Recognition: The MAI designation is widely recognized and respected in the real estate industry. Many clients, including lenders, government agencies, and real estate investors, prefer to work with MAI-designated appraisers because of their expertise and reputation.

5. Complex Appraisal Assignments: MAI appraisers are often sought after for complex or specialized appraisal assignments, such as commercial properties, investment analysis, and high-value real estate. Their training and experience make them well-equipped to handle these challenging tasks.

6. Credibility and Trust: The MAI designation lends credibility to the appraiser and the appraisal report. It can provide assurance to clients that the appraisal is conducted by a qualified and experienced professional, which is important for making informed real estate decisions.

7. Compliance with Industry Standards: MAI appraisers are expected to stay up-to-date with industry standards and regulations. This is particularly important in the real estate industry, where compliance with regulations is critical.

In summary, the MAI designation from the Appraisal Institute is important when considering an appraiser because it signifies a high level of education, experience, and ethical standards. Clients often choose MAI-designated appraisers for their expertise in complex real estate valuation assignments and their industry-wide recognition and trustworthiness.