Appraiser Licensing and Certification

Appraiser licensing varies from state to state. To participate in what is called a "federally-related transaction," which is, for example, a mortgage being underwritten by a national bank, an appraiser must be licensed or certified by his or her state.

The license or certification is evidence the appraiser has performed a certain number of hours as a trainee under the supervision of a practicing appraiser, may have passed an examination, and completes a certain number of hours of continuing education each licensing period. Licensing is the first level with certified residential being the next. The top and hardest to achieve, with more intense education and apprenticeship hours, is the Certified General Appraiser designation. Certified General Appraisers have the ability to appraise all types of real estate, not just residential. This gives Certified General Appraisers a leg up on the techniques and analysis that are required to perform top quality, accurate real estate appraisals.  

Prior to the Savings and Loan crisis of the 80s, which gave rise to appraiser licensing, appraisers had to market their expertise, service, professionalism and association designations. Many feel that state licensing has diluted the appraisal profession. Many consider licensure a bare minimum of what you should expect from an appraiser.

Contact Keystone Appraisals and Consulting, LLC if you're needing an appraiser that is not only licensed and certified, but also ethical, experienced, local to Denver-Boulder-Colorado Springs, and professional.

We have worked hard to establish a reputation for quality and prompt work, performed professionally and ethically, with outstanding customer service. You should never just look for a licensed appraiser; you should be discriminating in choosing your service providers. Choosing a Certified General Appraiser means you are choosing the most experienced with the most training.

You should always be sure your appraisal service provider is licensed and in good standing. The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) maintains a national database of appraisers and their license/certification status. Click here to view the database.

Among other things, this database, which relies on reports from each state appraisal board, will tell you if a service provider you are considering has had his or her license suspended, revoked, or whether the license has lapsed. You can rest assured that our license is current and in good standing!

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