Levels of Licensure
Licensed Ad Valorem Appraiser
This level of licensure is only utilized for appraiser employees of county tax assessment offices.
The Licensed Appraiser credential allows the appraiser to appraise non-complex 1-4 unit residential properties having a transaction value of less than $1 million and complex 1-4 unit residential properties having a transaction value of less than $250,000.
Certified Residential Appraiser
The Certified Residential Appraiser credential allows the appraiser to appraise 1-4 unit residential properties without regard to transaction value or complexity. The credential includes the appraisal of vacant or unimproved land that is utilized for 1-4 family purposes or for which the highest and best use is for 1-4 family purposes, but does not include land for which a subdivision analysis is necessary.
Certified General Appraiser
The Certified General credential allows the appraiser to appraise all types of real property.
Steps for Initial Licensing
Step 1: Complete Your Education and Experience Requirement
Complete required education
Step 2: 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 3: Submit Application and Materials
Submit your application and supporting documents to the Division of Real Estate.
Step 4: Take and Schedule the Exam
After you have received your Letter of Exam Eligibility you can schedule your exam.
(Not applicable for Ad Valorem Licensees)
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.
Step 5: 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 6: 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.