Real Estate Commission
The Division has a five-member Commission who meet bi-monthly to conduct rulemaking hearings, make policy decisions, consider licensing matters, review complaints and take disciplinary action against real estate brokers. The five Commission members consist of three real estate brokers, one of whom has substantial experience in property management, and two members of the public. The Commission members serve a three-year term.
Commissioners
Michelle Espinoza - Chair (Public Member)
- Henderson - Term ends 4/25/2025
Graham Kaltenbach - Vice Chair (Real Estate Broker)
- Denver - Term ends 04/12/2024
Kim Rediker (Public Member)
- Vail - Term ends 04/12/2024
Joe Chang (Real Estate Broker)
- Denver - Term ends 04/12/2024
Renee Lynde (Property Management)
- Colorado Springs - Term ends 04/12/2024
Board of Real Estate Appraisers
The Division also has a seven-member Board who meet monthly to conduct rulemaking hearings, make policy decisions, consider licensing matters, review complaints and take disciplinary action against real estate appraisers. The Board consists of three licensed or certified appraisers, one of whom shall have expertise in eminent domain matters, one county assessor, one officer or employee of a commercial bank experienced in real estate lending, one officer or employee of an appraisal management company, and one member of the public. The Board members serve a three-year term.
Board Members
Tony Pistilli - Chair (Licensed Appraiser)
- Lone Tree - Term ends 07/01/2023
Mickey Sanders - Vice Chair (Public Member)
- Denver - Term ends 07/01/2024
Kristy Ann McFarland (County Assessor)
- Crested Butte – Term ends 07/01/2023
Larry Stark (Licensed Appraiser)
- Centennial – Term ends 07/01/2023
Chris Brownlee (Appraisal Management Company)
- Grand Junction - Term ends 07/01/2024
Patrice Campbell (Eminent Domain)
- Grand Junction - Term ends 07/01/24
Christopher Chippindale (Commercial Banking)
- Highlands Ranch – Term ends 07/01/2024
Board of Mortgage Loan Originators
The mortgage loan originator program is overseen by a five-member Board. Three members are licensed mortgage loan originators and two members represent the public at large. Each member serves a four year term. The Board makes final decisions that concern rulemaking hearings, policy decisions, licensing matters, complaints and disciplinary actions taken against mortgage loan originators.
Board Members
Dena Falbo - Chair (Public Member)
- Westminster - Term ends 8/10/2024
Jennifer Heinrich - Vice Chair (Licensed Mortgage Loan Originator)
- Denver – Term ends 08/10/2024
Shirley Thielen (Public Member)
- Louisville – Term ends 08/10/2026
Cindy Emerine (Licensed Mortgage Loan Originator)
- Evergreen - Term ends 08/10/2024
(Licensed Mortgage Loan Originator)
- Vacant
Division Programs
The Division encourages industry and consumer participation and feedback. There are numerous opportunities to serve on committees, task forces, and Boards and Commissions.
Appraisal Management Companies