Owner/Chief Appraiser
Ray Coleman
           

 



Jerald E. Shaffer
Appraiser Associate

Roy Albinson
Appraiser Associate

 (281) 363-0360

 

For additional information on the COLEMAN APPRAISAL TEAM please select any of the menu items on the left panel.  The Coleman Appraisal Team provides professional residential and commercial real estate appraisal services in Spring and the greater Houston, Harris County, Texas area with offices in The Woodlands, Montgomery County.  Ray Coleman, MAI, SRA is a state certified general real estate appraiser that offers the "Designated Difference," therefore, greatly exceeding the minimally competent requirements of the state. The firm’s successful relationship with clientele of bankers, lawyers, accountants, mortgage companies, and individuals has led to a solid reputation, credibility and track record of performance. Ray C. Coleman, Jr., MAI, SRA is a dedicated professional member of the Appraisal Institute. Earning an Appraisal Institute designation is not easy, and members are proud of their accomplishments. In fact, fewer than 15% of all licensed or certified appraisers have earned the right to be called Appraisal Institute members. Appraisal Institute membership requirements exceed state and federal requirements in terms of education, experience, Code of Ethics, and Standards of Professional Appraisal Practice. To become designated, an appraiser must:

Demonstrate knowledge of the fundamental principles of real property appraising by passing a series of rigorous examinations.

Display technical skills in various appraisal assignments.

Prove the ability to produce succinct, well reasoned valuations and reports that conform to the Appraisal Institute’s strict Code of Professional Ethics and Standards of Professional Appraisal Practice.

Hold an undergraduate degree from a four-year accredited college (or comply with specified alternatives).

Members of the Appraisal Institute form a network of highly qualified professionals throughout the United States and abroad. They are identified by their experience in and knowledge of real estate valuation and by their adherence to a strictly enforced Code of Professional Ethics and Standards of Professional Appraisal Practice.

Code of Professional Ethics

Real estate is one of the basic sources of wealth in the global economy. Therefore, homeowners, business entities, governments, individuals, and others who own manage, sell, purchase, invest in, or lend money on the security of real estate must have ready access to the services of Appraisal Institute Members who provide unbiased opinions of value, as well as sound information, analyses and advice on a wide range of real estate issues. The services of Appraisal Institute Members are vital to the well being of our society and the global economy, and foster economic growth, stability, and public confidence. Because of this vital role and the commitment of the Appraisal Institute Members to professionalism the Appraisal Institute has adopted its Code of Professional Ethics to establish requirements for ethical practice.

Click here to access a downloadable version of the Appraisal Institute's Code of Professional Ethics.

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.  

As the world’s largest publisher of real estate appraisal literature, the Appraisal Institute offers a wide range of books and other materials on a variety of subjects ranging from basic valuation theory and techniques to advanced applications. The Appraisal Institute is also the publisher of The Appraisal Journal, long respected for its authoritative and well-researched articles, and the industry business magazine, Valuation Insights & Perspectives. And for our Internet audience, Appraiser News Online offers regular updates on the appraisal industry.

The Appraisal Institute is the acknowledged worldwide leader in residential and commercial real estate appraisal education, research, publishing and professional membership designation programs. Its extensive curriculum of courses and specialty seminars provides a well-rounded education in valuation methodology for both the novice and seasoned practitioner.  

Membership is open to appraisal practitioners as well as to individuals from allied fields. Designated members may hold the MAI, SRPA or SRA membership designation. Currently, the Appraisal Institute confers one general (commercial) designation, the MAI, and one residential designation, the SRA. The associate member category is for individuals who engage in activity governed by the Uniform Standards of Professional Appraisal Practice. Affiliate membership is open to individuals who are not performing USPAP-related work but wish to be allied with the Appraisal Institute such as bankers, attorneys, and government agency representatives.


Appraisal Institute designated members have met rigorous requirements relating to education, testing, experience and demonstration of knowledge, understanding and ability. Most designated members hold one or more of the following designations:

MAI Designation Emblem

The MAI membership designation 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. The 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 6,000 hours of experience, including 3,000 hours of specialized appraisal 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.

SRA Designation Emblem

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 that an appraiser must fulfill to receive the SRA designation are as follows


Education:
  Receive a passing grade on six examinations that reflect 181 hours of classroom instruction and that test the appraiser’s knowledge of appraisal principles, residential valuation techniques, report writing and standards of professional practice
  Hold an undergraduate degree from an accredited educational institution (or satisfy a specified alternative)
   
Experience:
  Receive credit for 4,000 hours of experience, including 2,000 hours of residential appraisal experience, all of which must meet strict criteria.
   
Demonstration Report:
  Receive credit for a demonstration appraisal report relating to a residential 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, or fulfill an approved comparable alternative.

SRPA Designation Emblem

The SRPA membership designation is held by appraisers who are experienced in the valuation of commercial, industrial, residential and other types of property. The requirements that an appraiser must have fulfilled for the SRPA designation were as follows:

 
Education:
  Received a passing grade on a series of examinations that tested the appraiser’s knowledge of basic and advanced real estate principles, procedures and applications and standards of professional practice.
  Hold an undergraduate degree from a four-year accredited educational institution (or satisfy specified alternatives).
   
Experience:
  Received credit for real estate appraisal experience, at least half of which had to relate to income-producing properties
   
Demonstration Report:
  Received credit for one income property demonstration appraisal report, which exhibited two forms of depreciation, physical incurable deterioration or either functional or external obsolescence.

The Appraisal Institute also houses the Lum Library, which provides support for the research needs of members as well as the profession at large. The Lum Library section of our Web site allows members to retrieve for full text articles and more.

COLEMAN APPRAISAL TEAM
dba Ray Coleman Associates
30 Wintergreen Trail
The Woodlands, Texas 77382
Telephone: (281) 363-0360
Mobile: (832) 326-7490
E-Mail: ray@raycoleman.com