When you become a Colorado Certified Residential Appraiser, you will be licensed to appraise residential properties of one to four units, regardless of complexity or value.
Recent changes to education and experience hours have made it easier to upgrade your license. Please check Colorado's Board of Real Estate Appraisers (BOREA) website for the most up to date information: https://www.colorado.gov/pacific/dora/node/92871
You can also review a full summary of the pending changes here: https://appraisalfoundation.sharefile.com/share/view/s40e607fb0d64915a
To meet the qualifications to become a Colorado Certified Residential Appraiser, you must complete 200 creditable class hours (including the 150 hours you’ve already completed to become a Colorado Licensed Appraiser). You must also complete 1,500 hours of supervised work experience in a minimum of 12 months. Meeting these two qualifications will qualify you to sit for the AQB-approved Certified Residential Appraiser Exam. After you pass the exam, you will be able to apply for your license.
The Certified Residential Appraiser level of licensure also has a degree requirement. You must possess a bachelor's degree or higher from an accredited college or university.
If you’ve already completed the required education but still need to pass the exam, we recommend you enroll in our Appraisal Review Crammer class.
Attention Appraisers: Please allow sufficient time for the Department of Regulatory Agencies to process your license application. This processing may take up to four months. To learn more please visit the DORA CO website.