Two Year Degree Now Required For New California Appraisers

VoiceOfSanDiego.org reports:

• With prosecutors nationwide illuminating real estate fraud schemes undertaken during this decade's heated housing market, at least one of the state's legions of real estate professionals face new training requirements. California's Office of Real Estate Appraisers raised the bar last week for would-be appraisers wishing to join the 19,500 appraisers already licensed and working around the state. The tightened requirements are expected to increase professionalism and to help weed out unscrupulous potential licensees looking for an easy job. [...] Now, with more stringent education requirements -- notably, a required two-year associate's degree from an accredited institution to become a certified residential real estate appraiser, tougher examinations and increased course hours -- they sense the change will help. Previously, potential appraisers had been required to attend private appraisal training but no additional college training.

For more, see With Fraud Gaining Attention, New Appraisers Now Must Go to College.