Douglas Harbold of Appraisal Masters Inc. is an SRA Designated certified residential appraiser with over 7 years experience. Douglas is also an experienced FHA appraiser. Below you will find a short overview of the requirements for these designations. For a full listing of Douglas Harbold's experience click here.

Senior Residential Appraiser (SRA) Designation

SRA stands for Senior Residential Appraiser, and is a designation conferred by the Appraisal Institute. The Appraisal Institute is an international membership association of professional real estate appraisers, with more than 18,000 members and 99 chapters throughout the United States, Canada and abroad. Its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The SRA professional membership designation is held by real estate solutions providers who are experienced in the analysis and valuation of residential real property.

The current requirements for the SRA designation are:

  • Pass rigorous education requirements
  • Submit residential experience which must meet strict criteria
  • Receive credit for a demonstration appraisal report
  • Conduct his or her professional activities in accordance with the Appraisal Institute’s Code of Professional Ethics and are subject to a peer review process, which enforces the Code of Professional Ethics
  • Appraisal Institute SRA members are required to adhere to strict continuing education requirements to ensure they are up-to-date with the evolving real estate field.

Because of its rigorous requirements and commitment to providing valuable information, continuing education and other valuable resources to its members, you can be confident an appraiser with an SRA designation will provide you with the very highest quality residential appraisal service.

For a complete listing of SRA Requirements click here.

FHA Certified Appraiser

All FHA Certified appraisers must be state certified and must appear on the ASC's National Registry in order to conduct appraisals for FHA insured mortgages.

To be eligible to become an FHA Certified Appraiser, you must:

  1. Be a state-certified appraiser with credentials based on the minimum certification criteria issued by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation, and
  2. Not be listed on GSA's Excluded Parties List System (EPLS), HUD's Limited Denial of Participation (LDP) list, or HUD's Credit Alert System (CAIVRS).