Here's what you need to renew your Colorado Appraisal license
The information below is a summary of the minimum requirements set forth by the Colorado Board of Real Estate Appraisers. For a more detailed requirements breakdown, please see the board's site.
If you hold Appraisal licenses in multiple states, please make sure to check each state's requirements.
Colorado Appraisal: Licensed
Online Info
Qualifying Education:
150 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
Residential Market Analysis & 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.
Experience: 1,000 hours of acceptable appraisal experience in not less than 6 months.
College Education: No college-level education required.
Online Limitations
Roster
Governing Agency
Colorado Appraisal: Certified Residential
Online Info
Qualifying Education:
200 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
Residential Market Analysis & 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 and Finance – 15 hours.
Advanced Residential Applications and Case Studies – 15 hours.
Appraisal Subject Matter Electives – 20 hours.
Experience: 1,500 hours of acceptable appraisal experience in not less than 12 months.
College Education:
1) Bachelor’s Degree in any field of study;
2) Associate’s Degree in a focused field of study, such as business, economics, or real estate;
3) Successful completion of 30 college semester credit hours in specified topics;
4) Successful completion of College-Level Examination Program (CLEP)1 exams equivalent to a minimum of 30 semester credit hours in specified subject matter areas; or
5) Any combination of #3 and #4 above that includes all of the topics identified.
6) A LICENSED RESIDENTIAL appraiser who has been licensed for a minimum of 5 years and in good standing for at least 5 years with no disciplinary actions that would affect the individual’s ability to appraise may upgrade to CERTIFIED RESIDENTIAL without completing any college coursework.
Online Limitations
NOTE: Potential students are advised to check with all appropriate Colorado Regulatory Agencies to confirm completion of the program/course offered by McKissock will satisfy initial or renewal licensing or certification requirements of that agency.
Roster
Governing Agency
Colorado Appraisal: Certified General
Online Info
Qualifying Education:
300 QE Hours.
Basic Appraisal Principles - 30 hours.
Basic Appraisal Procedures - 30 hours.
15-hour Nat’l USPAP or Equivalent.
General Appraiser Market Analysis & Highest and Best Use - 30 hours.
General Appraiser Site Valuation and Cost Approach - 30 hours.
General Appraiser Sales Comparison Approach - 30 hours.
General Appraiser Report Writing and Case Studies - 30 hours.
Statistics, Modeling and Finance – 15 hours.
General Appraiser Income Approach – 60 hours.
Appraisal Subject Matter Electives – 30 hours.
Experience: 3,000 hours of acceptable appraisal experience in no less than 18 months. A minimum of 1,500 hours of the required experience must be in non-residential appraisal work.
College Education: Must have a Bachelor’s degree or higher.
Online Limitations
Roster
Governing Agency
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Other facts and insights about completing your CE
Note: This license renewal information is provided as a convenience only and is subject to change at any time. It's ultimately the responsibility of the licensee to be sure that he or she is meeting all requirements for each license and corresponding renewal period.