What is a MRA/RA?
The MBREA grants two real estate appraisal designations.
The MRA (General Designation) and the RA (Residential Designation). The MRA designated member is qualified to appraise all types of real property and property interests for which they possess competency in accordance with the USPAP Competency Rule.
The RA designated member primarily specializes in the appraisal of residential properties and property interests for which they possess competency in accordance with the USPAP Competency Rule.
To qualify, members must be a state certified general (MRA or RA) or state certified residential (RA) appraiser, pass written examinations, validate years of professional experience, demonstrate their appraisal proficiency, and meet high standards of personal integrity. Designation is awarded only to those who meet specific requirements relating to experience, examination, and demonstration.