Featured: Brendan Wewer on Appraisal Institute Website – Highlighting his Impressive MAI Designation
September 5, 2024
We're excited to announce that Director of Valuation and Advisory, Brendan Wewer, MAI, was recently highlighted on the Appraisal Institute’s Website for obtaining his MAI Designation!
The MAI membership designation is held by professionals who provide a range of services for all types of real property.
Only 8% of valuation professionals in the United States hold an AI designation.
These individuals have the necessary commercial property valuation experience and knowledge to produce a valuation that ensures confidence.
MAI Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Practice, underscoring a commitment to sound and ethical professional practice.
The completion of continuing education requirements assures that MAI Designated Members
remain informed on trends and changes pertaining to real property valuation, enabling them to
provide valuations that reflect the latest in professional 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 steps to obtain the MAI Designation are as follows:
STEP ONE : Prerequisites
-
Be a Certified General Real Property Appraiser (or equivalent)
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Hold a bachelor’s degree or higher (if not a certified general real property
appraiser) -
Provide proof of Standards course (i.e., USPAP, IVS)
-
Complete AI Business Practices and Ethics
-
Pass exam for Advanced Income Capitalization
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Pass exam for Advanced Market Analysis and Highest and Best Use
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Pass exam for Advanced Concepts and Case Studies
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Pass exam for Quantitative Analysis
STEP TWO : Become a Candidate Member
STEP THREE : Requirements
-
Pass the General Comprehensive Exam. View the full details in
the Comprehensive Exam Guidebook. -
Complete the General Demonstration of Knowledge. View the full details in
our Official Guide to the Demonstration of Knowledge Requirement:
General. -
Complete 4,500 hours of specialized experience. View the full details in
the Experience Credit Candidate Guidebook. -
Submit your MAI Designated membership application.
This feature is a testament to Brendan's dedication to the appraisal profession and his
commitment to elevating the industry. We are proud to have him as a leader in our team,
inspiring both our firm and the broader appraisal community.
Stay tuned for more updates as we continue to celebrate the achievements of our talented team
members!
Brendan Wewer, MAI is a commercial real estate appraiser working throughout Pennsylvania, Delaware, New Jersey, and Maryland. He is Director of Valuation & Advisory for Commonwealth Commercial Appraisal Group.
Contact him at bwewer@commonwealthappraiser.com
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