What Is an SRA?
“The SRA membership designation is held by fewer than 1% of all appraisers in the United States. It is a designation issued by the Appraisal Institute for appraisers who are experienced in the analysis and valuation of residential real property”.
The SRA membership designation has long been recognized by courts of law, government agencies, accountants, financial institutions, and investors as the mark of excellence in the field of residential real estate valuation and analysis.
The SRA membership designation verifies the appraiser has both education and experience that significantly surpasses the threshold needed for state level certification, demonstrating professional knowledge, understanding, and ability.
SRA designated members make a commitment to pursue advanced education, maintain defined ethical requirements and promote higher expectations for the appraisal profession.
To be eligible for SRA designated membership, candidates must have obtained a minimum of a four-year degree from an accredited educational institution, meet experience requirements (3,000 hours of residential appraisal experience); submit completed appraisals for peer review, and pass a minimum of thirteen (13) examinations reflecting a minimum of 246 hours of classroom instruction on appraisal principles, residential valuation techniques, report writing, and standards of professional practice.
Appraisal users should understand that SRA designated members have made a personal commitment to being the best in their field. The completion of continuing education requirements assures that SRA 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. SRA 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.
An SRA is qualified to provide a wide range of services, including opinions of value, evaluations, reviews, and consulting and advice regarding investment decisions.
Our appraisers with this certification:
“With over 90 years of history, the Appraisal Institute continues to serve as the nation’s largest professional organization of real estate appraisers. Through its designation programs, educational offerings, advocacy efforts and publishing endeavors, the Appraisal Institute maintains its leadership position within the real estate industry and continues to be a leader in the global valuation profession”.
SDI Appraisal Mission Statement
Committed to empowering our clients with clarity and direction.
Stephen D. Ihrig II, SRA is principal of SDI Appraisal, specializing in the valuation of residential real estate. Steve has been providing appraisal and consulting services since 2003. Currently a Certified Residential Appraiser in the State of Florida, Steve was awarded the SRA designation from the Appraisal Institute.
In today’s ever-changing real estate market, utilize only the best and most qualified individuals to perform your residential appraisals. An accurate value supported by data and analysis, that reflects market trends, can hold up in any court of law, is considered a high-quality report by any lender’s underwriting system, and meets all USPAP (Uniform Standards of Professional Appraisal Practice) standards should be your primary objective when retaining a real estate appraiser.