How to Get an Appraiser License in Colorado

License levels recognized in Colorado

Click HERE to view state requirements.

  1. Licensed Appraiser
  2. Certified Residential Appraiser
  3. Certified General Appraiser
Colorado Appraiser License

Steps to becoming an appraiser in the state of Colorado

STEP 1: Find a supervisor/mentor to work with to log your experience hours. (Suggestions for finding a supervisor/mentor)

STEP 2: Complete your education and experience requirement.  Successfully complete 150 hours of qualifying education courses  approved by the Board.  In addition, successfully complete the AQB approved Supervisory/Trainee Course. Successful completion requires passing the course final examinations for each course with a proctor. Proctoring requirement only applies to qualifying education and does not include the Supervisory course. (Course Online Proctoring Policy and Requirements)

Required Education

  1. Basic Appraisal Principles - 30 hours
  2. Basic Appraisal Procedures - 30-hours
  3. National USPAP Course or Equivalent - 15 hours
  4. Supervisor/Trainee Course - 4 hours
  5. Residential Market Analysis and Highest and Best Use - 15 hours
  6. Residential Appraiser Site Valuation and Cost Approach - 15 hours
  7. Residential Sales Comparison and Income Approaches - 30 hours
  8. Residential Report Writing and Case Studies

Experience Hours

1,000 hours of acceptable appraisal experience in not less than 6 months.

STEP 3: Complete the Background Check Requirement. A person applying for a new license or an upgraded license is required to submit fingerprints to the Colorado Bureau of Investigations (CBI) prior to submitting the application.

STEP 4: Submit the Application and materials which includes:

  1. Forms (Online License Application)
  2. Fees (licensing fee chart)
  3. Education - completion certificates and/or official college transcripts
  4. Experience (Complete appraisal report experience log)

STEP 5: Take and Schedule the Exam. After you have received your Letter of Exam Eligibility you can schedule your exam.

Contact PSI Candidate Care Center at 855-744-0313 to make an exam reservation.

An applicant who arrives at the testing facility without a copy of the letter will not be allowed to take the exam. (CO National Exam Candidate Handbook)

STEP 6: Acquire Errors and Omissions (E&O) Insurance. Obtain and submit compliant errors and omissions insurance. Errors and omissions Insurance requirements are defined in Board rule 6.10.

STEP 7: Submit Examination Results. Notify Division of passed examination along with any required documents that have not yet been submitted. Once staff has verified the examination results, the license or certification credential will be issued.

Additional Helpful Links and Resource Downloads:

Ready to get started? Click the button below to view class options and enroll.

McKissock courses and online delivery method are approved by the Colorado Department of Regulatory Agencies (DORA) and International Distance Education Certification Center (IDECC).

McKissock is the exclusive provider of The Appraisal Foundation's national online USPAP course for the past 10 years.

Colorado Appraiser License

Next steps after getting or upgrading your Colorado appraiser license

Renewal Process

License Expiration

As an Appraisal licensee, you must renew your appraisal license every two years.  Colorado licenses expire and must be renewed by 12/31 of even years.

*For initial licenses issued on or after July 1 of any year, there shall be no continuing education requirement as a condition of renewal of such initial license that expires December 31 of the year of issue.

*For initial licenses issued before July 1 of any year, there shall be an obligation to complete 14 hours of continuing education as a condition of renewal before the initial license expires on December 31 of the year of issue.

Note: Colorado appraisers renewing on a three year license must complete 42 hours of continuing education.

Education Requirements

  • In September of the year of license renewal, the Division will send out notice of USPAP audit. You must either submit your USPAP certificates or pay the non-compliance fee in order to become eligible for license renewal. To access the USPAP Audit application, log into your online account and select the link titled “USPAP Audit (Renewal Step One)”. Do not submit more than one application. Division staff will notify you once your submission has been approved.
  • Complete 28 hours of approved appraiser continuing education courses during the two year license period, which must include a 7 hour National USPAP Update course and 21 hours of elective courses.

You can access the online renewal portal HERE.

You can view the renewal fee chart HERE.

Need to take classes for renewal? Click the button below to view class options and enroll.

Steps to upgrade your appraiser license in the state of Colorado

STEP 1: Hold a valid appriasal license and successfully complete the additional required qualifying education courses (see course requirements below by license level) and experience hours. Successful completion of qualifying education courses requires passing the course final examination for each course with a proctor. (Course Online Proctoring Policy and Requirements)

  • Licensed Residential Appraiser - Provide 1,000 hours of acceptable and verifiable appraisal experience acquired over a minimum of 6 months
  • Certified Residential Appraiser - Provide 1,500 hours of acceptable and verifiable appraisal experience acquired over a minimum of 12 months
  • Certified General Appraiser - Provide 3,000 hours of acceptable and verifiable appraisal experience acquired over a minimum of 18 months of which a minimum of 1,500 hours must be non-residential real property appraisal experience

STEP 2: Complete courses and maintain copies of transcripts for all college level requirements.

  • Certified Residential Appraiser - (See table at top of page or view requirements HERE)
  • Certified General Appraiser - You must have a Bachelor’s degree or higher.

STEP 3: Complete the Background Check Requirement. A person applying for a new license or an upgraded license is required to submit fingerprints to the Colorado Bureau of Investigations (CBI) prior to submitting the application.

STEP 4: Submit the Application and materials which includes:

  1. Forms (Online License Application)
  2. Fees (licensing fee chart)
  3. Education - completion certificates and/or official college transcripts
  4. Experience (Complete appraisal report experience log)

STEP 5: Take and Schedule the Exam. After you have received your Letter of Exam Eligibility you can schedule your exam.

Contact PSI Candidate Care Center at 855-744-0313 to make an exam reservation.

An applicant who arrives at the testing facility without a copy of the letter will not be allowed to take the exam. (CO National Exam Candidate Handbook)

STEP 6: Acquire Errors and Omissions (E&O) Insurance. Obtain and submit compliant errors and omissions insurance. Errors and omissions Insurance requirements are defined in Board rule 6.10.

STEP 7: Submit Examination Results. Notify Division of passed examination along with any required documents that have not yet been submitted. Once staff has verified the examination results, the license or certification credential will be issued.

Additional Helpful Links and Resource Dowloads:

 

*Continuing education requirements and process for license upgrade displayed in above renewal section.

Ready to upgrade your license? Click the button below to view class options and enroll.

Qualifying education requirements by license level

Licensed Appraiser (150 hours) - AQB recommended course order
  • Basic Appraisal Principles – 30 hours
  • Basic Appraisal Procedures – 30 hours
  • National USPAP Course or Equivalent – 15 hours
  • Supervisor/Trainee Course – 4 hours
  • Residential Market Analysis and Highest and Best Use – 15 hours
  • Residential Appraiser Site Valuation and Cost Approach – 15 hours
  • Residential Sales Comparison and Income Approaches – 30 hours
  • Residential Report Writing and Case Studies – 15 hours
Certified Residential Appraiser (200 hours) - AQB recommended course order
  • Basic Appraisal Principles – 30 hours
  • Basic Appraisal Procedures – 30 hours
  • National USPAP Course or Equivalent – 15 hours
  • Supervisor/Trainee Course – 4 hours
  • Residential Market Analysis and Highest and Best Use – 15 hours
  • Residential Appraiser Site Valuation and Cost Approach – 15 hours
  • Residential Sales Comparison and Income Approaches – 30 hours
  • Residential Report Writing and Case Studies – 15 hours
  • Statistics, Modeling or Finance – 15 hours
  • Advanced Residential Applications and Case Studies 15 hours
  • Appraisal Subject Matter Electives 20 hours
Certified General Appraiser (300 hours) - AQB recommended course order
  • Basic Appraisal Principles – 30 hours
  • Basic Appraisal Procedures – 30 hours
  • National USPAP Course or Equivalent – 15 hours
  • Supervisor/Trainee Course – 4 hours
  • General Appraiser Market Analysis and Highest and Best Use – 30 hours
  • Statistics, Modeling and Finance – 15 hours
  • General Appraiser Site Valuation and Cost Approach – 30 hours
  • General Appraiser Sales Comparison Approach – 30 hours
  • General Appraiser Income Approach – 60 hours
  • General Appraiser Report Writing and Case Studies – 30 hours
  • Appraisal Subject Matter Electives – 30 hours

*These pages were updated on November 10, 2020.  Please review the state board/commission page to determine if any changes have been made to the process since then.