Appraisal Institute
Appraisal Institute's Overview
The Appraisal Institute (AI) is a global membership association of professional real estate appraisers, with nearly 16,000 professionals in almost 50 countries. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Established in 1932, AI advocates for the appraisal profession, enforces its Code of Professional Ethics and Standards of Professional Appraisal Practice (USPAP is developed by The Appraisal Foundation, but AI promotes adherence and provides education), and offers robust educational programs, renowned designations (MAI, SRA, AI-GRS, AI-RRS), and resources to appraisers.
Where is Appraisal Institute's Headquarters?
HQ Function
Serves as the central administrative and operational hub for the organization, managing member services, education program development and delivery, advocacy efforts, publications, and global initiatives.
Notable Features:
Located in a modern high-rise office building (200 West Madison) in Chicago's Loop district, offering a professional environment with convenient access to city amenities, transportation, and other business organizations. The specific suite is functionally designed to support administrative, educational program development, and collaborative work.
Work Culture:
The work culture at the Appraisal Institute headquarters likely emphasizes professionalism, collaboration, integrity, and a strong commitment to serving its members and advancing the appraisal profession. As the central office of a leading standards and education body, there's a focus on expertise, ethical conduct, continuous improvement, and providing high-quality resources and support to a global network of appraisers.
HQ Significance:
The Chicago headquarters is significant as the nerve center for a leading global organization in real estate appraisal, influencing standards, education, and ethical practices for thousands of professionals worldwide. It drives the strategic direction and operational execution of the Institute's mission.
Values Reflected in HQ: The headquarters' operations and environment aim to reflect the Institute's core values of integrity, professionalism, impartiality, public trust, and the pursuit of knowledge in the field of property valuation.
Location:
The Appraisal Institute supports its global membership (in nearly 50 countries) through internationally recognized designations (MAI, SRA, AI-GRS, AI-RRS), comprehensive educational programs, professional development resources, enforcement of ethical standards, and advocacy. It fosters a worldwide network of real estate valuation professionals through its chapters, international collaborations, and agreements with valuation organizations globally, promoting best practices and consistent standards in property economics across different markets.
Street Address:
200 W. Madison St., Suite 1500
City:
Chicago
State/Province:
IL
Country:
USA
Appraisal Institute's Global Presence
Washington, D.C., USA
Address: 400 North Capitol Street, NW, Suite 455, Washington, DC 20001
Serves as the primary liaison with U.S. federal government entities, influencing policy and legislation related to real estate appraisal, valuation standards, and property economics.
Buying Intent Signals for Appraisal Institute
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Executive Team of Appraisal Institute
As of April 2025, Appraisal Institute' leadership includes:
Investors of Appraisal Institute
Appraisal Institute has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
The Appraisal Institute has seen key appointments in its executive staff leadership over the past year, including a new Chief Financial Officer and a promotion to a new Chief Operating Officer role. Additionally, its elected leadership undergoes annual transitions as per its bylaws.
Departures
New Appointments:
Technology (Tech Stack) used by Appraisal Institute
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Appraisal Institute Email Formats and Examples
The Appraisal Institute typically uses an email format combining the first initial of an employee's first name with their full last name. This is a common pattern for professional organizations.
flastname@appraisalinstitute.org (e.g., jsmith@appraisalinstitute.org)
Format
bgarber@appraisalinstitute.org
Example
85%
Success rate
News and media
Appraisal Institute Newsroom • May 22, 2024
Appraisal Institute Joins Call for Removal of Appraisal Bias from Housing Valuation
The Appraisal Institute, along with ten other leading housing, lending, and civil rights organizations, urged the Department of Justice to remove considerations of appraisal bias from its PAVE Action Plan, arguing it misattributes the cause of valuation disparities and could undermine efforts to address bias....more
Appraisal Institute Newsroom • April 25, 2024
Appraisal Institute Announces 2024 Scholarship Recipients
The Appraisal Institute Education and Relief Foundation announced the recipients of its 2024 scholarships. These scholarships provide financial aid to students pursuing appraisal education and designations, thereby supporting the growth and future of the valuation profession....more
Appraisal Institute Newsroom • January 10, 2024
Appraisal Institute Promotes Sureeta Codrington to Chief Operating Officer
The Appraisal Institute announced the promotion of Sureeta Codrington to the newly created role of Chief Operating Officer, effective immediately. Codrington will oversee key operational areas to enhance efficiency and support the Institute's strategic goals....more
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