Gage Bredfeldt Awarded MAI Designation

Posted June 26th, 2017 in Uncategorized by admin

January 16, 2017 – The Simmons Company, a leading provider of commercial real estate appraisals and real estate consulting services, is proud to announce that on December 9, 2016, Gage Bredfeldt was awarded the Appraisal Institute’s prestigious MAI membership designation, which is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential and other types of properties, and who advise clients on real estate investment decisions.

By receiving the MAI designation, Bredfeldt has joined an elite group of appraisers who have met rigorous professional requirements relating to education, testing, experience and demonstration of knowledge, understanding and ability.

The MAI designation is received upon the successful completion of a graduate-level curriculum, which includes a comprehensive exam, a written demonstration appraisal report and attaining 4,500 hours of qualifying experience requirements. Also, designees must abide by both the appraisal profession’s Uniform Standards of Professional Appraisal Practice (USPAP) and the Appraisal Institute’s Standards of Professional Practice and Code of Ethics.

MAIs are recognized experts in appraising properties of all kinds and form a business network encompassing markets nationwide and around the world. Currently, about 8,200 real estate appraisal professionals hold the MAI designation, with another 2,700 practitioners seeking it.

The Simmons Company, the region’s largest commercial appraisal firm, has gained a reputation of excellence in real estate appraisal, consulting, investment analysis, forecasting, feasibility studies and appraisal review. The company specializes in appraising all types of commercial real estate including commercial, industrial, apartments and special purpose properties.

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