How long does it take to get your appraisal license in California?

The California Bureau of Real Estate Appraisers is responsible for issuing California appraiser licenses. California is one of the few states with a shorter minimum time period for acquiring the necessary amount of experience hours for a California appraiser license. The 1,000 experience hours can be attained in a year.

What is the Process for Getting Your California Appraisal License?

Approximately six months to a year are needed from start to finish, to obtain your appraisal license in California.

The initial level of licensing for valuing real property without a supervisor-appraiser is a licensed real estate appraiser. With this license, you can appraise non-complex one to four family residential units with a transaction value under $1,000,000, complex one to four family residential units with a transaction value under $250,000, and other types of real estate with a transaction value under $250,000. The majority of states have adopted this type of restriction for this license, however some may differ.

You could find work as a fee-based appraiser for yourself or for an appraisal company as a licensed real estate appraiser in California. You may have local clients like people, attorneys, accountants, and small banks as well as national clients like big appraisal management companies (AMCs), government-sponsored businesses, or lenders.

However, keep in mind that some respectable lenders and financial organizations might only use accredited appraisers to finish their appraisals. No matter what, your day as an appraiser will be split between property inspections and conducting research online, at nearby courthouses, and/or assessor's offices. You will typically complete appraisals for estates, portfolios, divorces, home acquisitions, and refinancing.

Basic Requirements for California Appraisal License

Applicants must be at least 18 years old and submit applications that include information about their education, work history, background checks, and legal status in the United States.

1 000 hours of training must be completed in no less than 12 months.

No college degree is necessary in terms of education. There must be 150 hours of qualifying appraisal-specific education coursework.

• Fee: $455.00
• State-mandated testing: yes
• 1000 Hours of Experience

The largest challenge that the majority of applicants for an appraiser's license will face. You must contact a licensed appraiser, who will serve as your mentor and demonstrate the proper format for an appraisal report.

You can work with as many supervisors as you'd like, and there are various sites where you can find them.

You should start by contacting your personal network of friends and family.

Check to discover if any local Appraisal Management Companies (AMC) are hiring by contacting them. You can conduct a search for AMCs listed with the BREA.

The State Exam

You are prepared to take the state exam once you have finished accumulating the 1,000 hours of experience and the necessary educational prerequisites.

There are 125 multiple-choice questions on the state exam. You have four hours to achieve a 75% or higher. The exam will be given by AMP, a testing company that has a contract with the BREA, for a charge of $105.

California's Chino, Long Beach, Fresno, Irvine, Van Nuys, Glendale, Santa Maria, Modesto, Monrovia, Palm Springs, Upland, San Diego (La Mesa), San Francisco, Sacramento, San Jose are among the cities where you can take the exam.

What is the Price for California Appraisal License?

A career in the appraisal field is not inexpensive. You must be really committed if you want to make this your career. For the first 158 hours of pre-licensing study, online programs cost between $1,000 and $2,000.

Getting a California Appraisal License Renewal

While the validity of your appraiser's license is two years, the length of your Continuing Education cycle is four years.

The 7-hour USPAP course must be finished by your second year of the 4-year CE cycle, and 49 hours must be completed by your fourth year. A further 7-hour USPAP course and a 4-hour California Laws and Regulations course must be included in the required 49 hours.

This indicates that you are completing 56 hours of continuing education in total over the course of your four-year CE term while still submitting some CE every two years.