Commercial Real Estate Appraisal
In Southern California
Fewel & Associates Staff
About MAI MembershipThe current requirements that an appraiser must fulfill to receive the MAI designation are as follows:
- Education: Receive a passing grade on 11 examinations that reflect 380 hours of classroom instruction and that test the appraiser’s knowledge of basic and advanced appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice.
- Receive a passing grade on a four-module, two-day comprehensive examination.
- Hold an undergraduate degree from a four-year accredited educational institution.
- Experience: Receive credit for 4,500 hours of experience, all of which must meet strict criteria.
- Demonstration Report: Receive credit for a demonstration appraisal report relating to income-producing property that demonstrates the ability to present a properly supported value estimate or opinion evaluating the nature, quality or utility of a parcel of real estate or any interest in, or aspect of, real property, including handling physical incurable depreciation, or fulfill an approved comparable alternative.
Ian Fewel earned his Bachelor’s Degree in Business Administration with an emphasis in Entrepreneurship and Finance from Point Loma Nazarene University. He joined the Fewel & Associates team in 2016, and earned his Certified general appraisal license in 2018. He has prepared appraisals for a variety of properties including single- and multi-tenant industrial, retail, office, and multi-family uses among others. In addition to being a licensed appraiser, Ian is licensed in California as a Real Estate Salesperson. Before joining the team at Fewel & Associates, Ian was a real estate salesperson with Lee & Associates where he specialized in the sales and leasing of industrial properties in the north Orange County and Southeast Los Angeles county markets.