Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Colorado or anyone looking to become a real estate agent or realtor in Colorado. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The Colorado Department of Regulatory Agencies supervises all real estate activity in
the state under its Division of Real Estate.
The goal of the Division of Real Estate is to promote a balanced and sensible approach to
regulation that protects the public interest and supports economic growth. There are two
sections to the Division of Real Estate: The Real Estate Commission, and the Board of Real
Estate Appraisers.
The Colorado Real Estate Commission handles all aspects of licensing of those who hold, or
apply to hold, a real
estate broker license.
The Colorado Division of Real Estate recognizes
the real estate agent licenses of the 49 other states.
If you are licensed in one of the 49 other U.S. States, Colorado will accept an
application for licensure with limited examination and or pre-licensing education
requirements. If you are licensed in one of these jurisdictions and would like to apply
for a Colorado license, review the Colorado Real Estate Broker License Application in
order to determine licensing requirements, and follow the instructions on the application.
Applicants for a Colorado real estate license need to provide proof of honesty,
truthfulness and good moral character. An applicant shall also submit a set of
fingerprints for investigation purposes along with a $39.50 fee to the Colorado Bureau of
Investigation. An additional fee for processing the fingerprints shall also be paid.
Colorado law recognizes three levels of real estate agent licenses:
Associate Broker license in Colorado: An associate broker must be employed and
supervised by an employing broker or on inactive status. Requirements to be licensed are:
- 48 Hours in Real Estate Law and Practice,
- 48 Hours in Colorado Contracts and Regulations 8 Hours in Trust Accounts and Record
Keeping
- 8 Hours in Current Legal, Issues
- 24 Hours in Real Estate Closings
- 32 Hours in Practical Applications
- Pass entire broker exam
Independent Broker license in Colorado:
This level of authority allows you to be: (1) independent (self-employed without
employed licensees), (2) in the employ of another broker or (3) inactive.
Employing Broker license in Colorado Employing Broker Requirements:
This level of authority allows you to: (1) employ and supervise other licensees, (2) be
independent (self-employed with employed licensees), (3) in the employ of another broker,
or (4) inactive. All applicants must apply for their license within one year from the date
of passing the entire examination. The license forms cannot currently be filed online.
You can find full information on Colorado real estate schools online. The Colorado Division of
Real Estate does not review or pre-approve courses in real estate continuing education in
Colorado.
Real
estate broker fees have changed and are as follows. The new license fee is
$500.00 and the renewal fee for the broker license is $195.00. The Broker examination fee
is $71.00.
Real estate jobs are plentiful in the state and experts anticipate continued growth.
Colorado real estate careers are strengthened by membership in the many organizations that
provide real estate jobs for the industry. The professional holding a Colorado license
joins with organizations like the Colorado Association of Realtors
and the National Association of Real Estate
Brokers (NAREB) assist many in locating real estate jobs within the industry.
The Association of Real Estate License Law
Officials (ARELLO) and The National
Association of Realtors (NAR), the world's largest professional association,
are excellent resources for real estate education and professional enrichment.
Colorado Real Estate Forms
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Colorado Reciprocity States
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Click here for more
info
(as of 2/23/2010)
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Colorado Approved Real Estate Schools Prelicensing and Postlicensing
Education
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Community Colleges
Colorado State University
IMS Community College
Arapahoe Community College
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Private Schools
A-Plus Real Estate School (Thornton)
Empire Real Estate School (Ft. Collins)
Northern Colorado College of Real Estate (Loveland)
Peak Real Estate College (Aurora)
Pikes Peak School of Real Estate (Colorado Springs)
The Real Estate School (Boulder)
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Last Update: 3/1/2010
This list may not include all approved schools. Please visit the Colorado Division of Real Estate
website for the latest list of approved real estate schools, both community
colleges/universities and private. |