El Camino College


Real Estate Department Information

Dr. Donna Grogan, GRI, CRS, CPM
Professor of Real Estate
El Camino College

Real Estate Courses:
 RE11 RE Principles

RE13 RE Practice
 RE14A RE Finance
 RE16 RE Economics
 RE19 Property Management
 RE31 Mortgage Loan Brokerage
 RE40 RE Appraisal




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Real Estate and Appraisal Licenses

         Department of Real Estate License
      El Camino College Real Estate Certificate and AA Degree
      OREA Appraisal License
     

Department of Real Estate


DRE Website Requirements for SALESPERSON LICENSES

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El Camino College
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Office of Real Estate Appraisers
OREA
http://www.orea.ca.gov/html/lic_reqmts.shtml
 

Effective January 1, 1998

Trainee License

Residential License

Certified Residential License

Certified General License

Education

A minimum of 90 hours of appraisal related education covering the specific topics required by the Appraiser Qualifications Board (AQB), with at least 15 hours on the Uniform Standards of Professional Appraisal Practice (USPAP).*

A minimum of 90 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.*

A minimum of 120 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.*

A minimum of 180 hours of appraisal related education covering the specific topics required by AQB, with at least 15 hours on USPAP.*

Experience

None

A minimum of 2,000 hours of acceptable appraisal experience.

A minimum of 2,500 hours and two and one-half years of acceptable appraisal experience.

A minimum of 3,000 hours and two and one-half years of acceptable appraisal experience.At least 1,500 hours of the experience must be non-reresidential properties.

Exam

Must pass the AQB approved residential examination.

Must pass the AQB approved residential examination.

Must pass the AQB approved certified residential examination.

Must pass the AQB approved certified general examination.

Scope

Must work under the technical supervision of a licensed appraiser. May assist on any appraisal within the scope of practice of the supervising appraiser.

May appraise non-complex 1-to-4 unit residential property up to a transaction value of $1 million, and complex 1-to-4 unit residential and all non-residential property up to a transaction value of $250,000.

May appraise all 1-to-4 unit residential property without regard to complexity, and non-residential property up to a transaction value of $250,000.

May appraise all types of real estate.

*The 15 Hour National USPAP Course taught by an AQB
Certified Instructor is required
to meet the 15 hour USPAP requirement if the course is taken on
or after January 1, 2003.

 

 


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El Camino College, 16007 Crenshaw Blvd., Torrance, California 90506
Phone: 310-532-3760 Toll Free: 1-866-ELCAMINO (1-866-352-2646)
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