Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Utah or anyone looking to become a real estate agent or realtor in Utah. 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
Utah State Division
of Real Estate provides public protection through the education and licensure
of real estate agents. The main office of the Division is in Salt Lake City.
The
requirements for a real estate salesperson license in Utah
include being at least 18 years of age and providing fingerprints for a criminal
background check. All applicants must provide proof of their honesty, integrity,
truthfulness, reputation and competency. Applicants must successfully complete
90 classroom hours of approved real estate courses, and all of these courses must
be completed at an approved real estate school. Members of the Utah State Bar
are considered to have fulfilled this requirement. Experience does not satisfy
the education requirement. The
real estate exams the salesperson applicants
need to pass cover all aspects of real estate principals and practices in addition
to arithmetic, bookkeeping and the English language. After passing the real estate
exams the applicants must apply for their license within 90 days. The total fee
of $151.00 due at the time of application includes the license fee, a fe for the
Recovery Fund, and a fingerprint processing fee.
The
requirements for a real estate broker license in Utah include
being at least 18 years of age and having at least three years of real estate
experience, and a total of at least 60 points, accumulated within the five years
prior to licensing. A system of tracking the 'required experience points' is laid
out in five
Tables.
These tables allocate points for the successful completion of either selling or
listing properties. Applicants for the associate broker or broker license need
to successfully complete at least 120 hours of approved classroom courses at approved
real estate schools. Experience will not satisfy the education requirement, but
certain other education requirements may substitute for some of the required education
courses. Both exams need to be passed within a six-month period of time. After
passing the real estate examinations the applicant needs to apply for the broker
license within 90 days. The license fee for brokers is $118.00.
You can locate the
approved
real estate schools for prelicensure and the continuing education approved
schools
online.
The
renewal fee for salespersons is $64.00 and for brokers is
$70.00. The fee for renewing late is $50.00 (up to 30 days), and if the license
needs to be reinstated after the 30 days, the fee is $100.00. All license fees
are non-refundable.
Utah has
reciprocity agreements with Colorado, Wyoming, Idaho,
Montana and Alberta, Canada. The applicant must have an active status in their
home state and provide fingerprints. Their licensing fee is $100.00 plus $12.00
for the recovery fund fee for salespersons, and $18.00 recovery fund fee for brokers,
plus $39.00 the fingerprint processing for salespersons.
Various
real estate forms are available
online.
Real estate careers are strengthened by membership in the many organizations
that provide services for the professional agent. Organizations like the
Utah
Association of Realtors and the National Association of Real Estate Brokers
(
http://www.nareb.com) (NAREB)
assist many in locating
real estate jobs within the industry. The Association
of Real Estate License Law Officials (
http://www.arello.org)
(ARELLO) and The National Association of Realtors (
http://www.realtor.org)
(NAR), the world's largest professional association, are excellent resources for
real estate education and professional enrichment.
We also offer information and resources for Utah Commercial Mortgage