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Colorado Real Estate License Requirements
To obtain a real estate broker license in Colorado, you need to:
- Complete the educational requirements.
- Complete a background check. Submit to the Colorado Bureau of Investigation (CBI) a set of fingerprints and a processing fee to conduct a criminal background check. We encourage you to submit your documentation promptly because processing can take several weeks.
- Pass the CO real estate license exam. You will need
to pass a 154-question multiple-choice exam with a score of 75% or better.
- Be at least 18 years old.
- Be a U.S. citizen/national or alien authorized to work in the United States.
- Complete a license application and pay the corresponding fee. The associate broker license application will be provided to you at the test site upon successfully passing the Colorado real estate exam.
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.
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“Thanks so much! Great online program, great instructor support, and really great staff! Can’t wait to get to work now.”
— Marsha B., Real Estate Student |
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Colorado Real Estate License Exam Information
Colorado real estate license applicants must pass a computerized exam administered by PSI, a national testing firm with exam sites in Colorado Springs, Durango, Fort Collins, Grand Junction, Greenwood Village (Denver), Pueblo, Wheat Ridge (Denver).
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 Commission. You
can submit it with the background check or before, during, or upon completing
your coursework. After processing your application, the Colorado Real Estate Agency
will send you an exam eligibility letter and scheduling information. You are encouraged
to reserve your exam date at least three to four business days prior.
To schedule your exam, PSI will require the following:
- Personal information - legal name, address, phone,
SSN, date of birth
- Exam specifics - exam type, preferred date, and
test center location
- Eligibility letter personal identification number
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. |