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Become A Real Estate Agent In Nebraska
Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Nebraska or anyone looking to become a real estate agent or realtor in Nebraska. 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 Nebraska Real Estate
Commission, with offices in Lincoln, Nebraska, administers all aspects of
the Nebraska Real Estate License Act.
The requirements for a real estate salesperson license in Nebraska
include being at least 19 years of age, having a high school diploma or GED and
having successfully completed 60 hours (2 courses) of approved pre-license education.
No previous real estate experience is required. After completing the education
requirement the applicant may take the real estate exams. A passing score
of 75% is required. Once licensed, the salesperson must be under the direct supervision
of a licensed broker at all times.
The requirements for a real estate broker or real estate associate broker
in Nebraska include being at least 19 years of age, having a high school
diploma or GED and fulfilling one of two educational options. If the applicant
does not have two active years of full time salesperson experience, or the part-time
equivalent of this, then 180 hours (6 courses) of approved pre-license education
is required. If the applicant has met the experience requirement of two years,
then 120 hours (4 courses) of approved pre-license education is required. An investigation
is made by the Commission to determine the applicant’s level of actual activity
All salesperson and broker applicants, both resident and non-resident, need to
provide a current Criminal History Report, which includes providing two sets of
fingerprint cards. Once the fingerprints are obtained they are sent with a $33.00
fee to the Nebraska State Patrol in Lincoln.
All applicants whose license will be active need to provide Errors
and Omissions Insurance. The Commission has a group plan available for those
who wish, although applicants may also obtain the insurance from a private carrier.
All Nebraska licensees are required to take at least 12 hours of approved continuing
education courses during every two year period. You can locate the approved
real estate schools for both prelicensure and continuing education online.
The real estate examinations in Nebraska are conducted by the AMP Assessment Centers that are located
in Lincoln, North Platte, Bellevue and Scottsbluff. The exams are computerized and provide instant score reporting.
Applicants need to complete their licensing process within 30 days of being notified of a passing grade.
The license application fee for either a salesperson or a broker is $100.00, and the license examination fee,
per exam, for either a salesperson or a broker is $115.00. The total of these, $215.00, needs to accompany the
application for license. The examination retake fee is $115.00.
Once the application is approved and the examination passed, the license
fees are $90.00 for a broker original license or renewal license, and $65.00
for either a salesperson original license fee or renewal fee. There is a $25.00
per month late renewal penalty fee. All fees are non-refundable.
All original licenses are valid for the remainder of the calendar year, and all renewals are for one year,
expiring on December 31st.
Real estate careers are reinforced by membership in the many
organizations that provide services for the professional agent. Those holding
a real estate license usually join organizations like the Nebraska
Realtors Association, the National Association of Real Estate Brokers (NAREB),
and the Association of Real Estate License Law Officials (ARELLO).
The National Association of Realtors (NAR),
the world’s largest professional association, assists many in locating real
estate jobs within the industry. These organizations are also excellent resources
of real estate education and legislation proceedings.
This portion of our website has been created for information purposes
only. It is our belief that all information presented here is accurate
as of today, however each state is constantly striving to protect
the public and provide more quality service to those using the services
of a Real Estate Agent. Change in Real Estate laws and regulations
is inevitable. The information presented here should be considered
a starting point and we encourage everyone to fully research any
information you are seeking.
To further assist you, we have included links to each state's
real estate licensing office, and also to the state's local Association
of Realtors site that provides current information on proposed real
estate license regulations in that area.
If you do find an error or have updated information, please contact
us and we will update our information accordingly.
