Requirements and steps for getting licensed.
To obtain a real estate broker license in Colorado, you need to:
If you are an agent licensed in another state, you need to:
Effective January 1, 2009, Colorado implemented a new "Limited" recognition agreement across all 50 states. What this effectively means is that if a candidate holds a current (either active or inactive) real estate license in any other state within the U.S., they will be required to perform the state portion of the Colorado broker's exam to qualify for a license in Colorado. In order to qualify for this program, the licensee must provide a certified license history with their application for Colorado real estate broker's license. There is no change to the fingerprint, E&O or application requirements. In order to qualify for employing broker level, the licensee must carry 2 years of active experience (as shown in their certified license history) and complete the 24 hour Brokerage Administration course.
Continuing Education Requirements
All license expire three years from the date of licensure.
May obtain CE credit by passing the state portion of the broker licensing examination during your renewal cycle, OR
Each active licensed broker must complete the 4 hour "Annual Commission Update" each year of the three year cycle (12 hours per cycle), plus electives for a total of 24 hours of CE during your renewal cycle. A licensee may not take the same version of the Update Course more than once during each license period OR
Maximum of 8 hours of credit may be earned per day.
No credit may be given for the same course more than once per calendar year .
Hours in excess of 24 may not be carried forward into the next license period .
The Commission Update Course requires a written test (70% score minimum).
Elective courses may or may not be tested at the discretion of the provider.
Licensing Exam Information
What to expect and how to best prepare for your state exam.
Colorado real estate license applicants must pass a computerized exam administered by PSI, a national testing firm. To schedule an exam, you can call them toll-free at 1-800-733-9267 or visit www.psiexams.com. You are encouraged to reserve your exam date at least three to four business days prior.
To register, mail the exam application with the appropriate fee to the Colorado Real Estate Division. You can submit it with the background check or before, during, or upon completing your coursework. After processing your application, the Colorado Real Estate Division will send you an exam eligibility letter and scheduling information.
To schedule your exam, PSI will require the following:
For more information, read PSI’s complete Colorado Real Estate Candidate Information Bulletin which includes details of all licensing requirements, exam reservation guidelines, and a list of all PSI test center locations, driving directions and hours of operation.
Upon arriving at the test center, you’ll need to show your photo ID to the test administrator. Then a brief online tutorial will familiarize you with the computerized testing system before you answer 154 multiple-choice questions.
You will have 230 minutes to complete the exam. Be sure to attempt to answer every question. A minimum score of 75% is required to pass the real estate exam. Your score will be available immediately. A passing score is valid for one year. Please note that you have one year from completion date of the state exam to submit your new license application.