Certified Real Estate Appraiser (CREA) is a designation for appraisers who specialize in residential real estate appraisal. This may include single-family homes, condominiums, vacant land, and in some cases, small commercial properties. All CREA candidates must have a state license prior to designation, which in the case of SF Bay Appraisal is governed by the Department of Consumer Affairs of the State of California.
Licensing ensures that appraisers meet minimum requirements for education, experience, and examination that comply with federal mandates and ensure that only qualified persons are licensed to conduct appraisals in federally related real estate loan transactions.
The National Association of Real Estate Appraisers (NAREA), a professional society based in Alexandria, MN, confers the designation of Certified Real Estate Appraiser (CREA) to candidates who are state licensed or certified, pay annual membership dues and are accepted by the NAREA. NAREA includes a rigorous code of ethics and represents more than 4,000 appraisers in the United States.
Our team is proud of our record and standing in the professional community. If you have any questions about our experience and background, please contact us.