Do you want to be an estate agent? Are you worried it's too complicated or expensive? Getting your real estate license in Colorado is not as hard as you may think.
But before you begin, know what you're getting into. Agents are self-motivated and often work as independent contractors. If that sounds appealing, you're probably on the right track.
If you choose to get your Colorado real estate license online, help and support is only a mouse click away when you take our online real estate course.
Basic Requirements Before You Start
In Colorado, qualifying for a real estate education isn't too complicated. It's a great choice if you are looking for a new career. Do you fulfill the following?
Have American citizenship
Are at least 18 years old
Have no criminal record
Be sure you tick these boxes before you begin your real estate education.
Five Steps to Get Your Colorado Real Estate License
The Department of Regulatory Agencies' (DORA) website has full details on the education requirements.
Take the 168-hour pre-licensing education course. Aceable Agent offers a great online real estate course that provides full support every step of the way.
Take the Colorado Real Estate Broker License exam administered by PSI. There are two sections: the national portion consisting of 80 questions and the state portion made up of 74 questions. To pass, you must have a score of 75% or higher.
Get a background check through the Colorado Bureau of Investigation. You'll also need to submit your fingerprints for a federal background check.
Obtain an errors and omissions (E&O) insurance policy. This is essential before getting an active license.
Complete your application using the Colorado Division of Real Estate's Online Services. You must register with eLicense to apply for the broker license.
In Colorado, there's no distinction between a Salesperson and a Broker license. A new real estate agent becomes an Associate Broker who can conduct all kinds of real estate business.
With a real estate license, you have a new career with unlimited potential for relatively low upfront costs.
How Long Does it Take to Get My Colorado Real Estate License?
Colorado gets a bad rap for being a tough state in which to get your real estate license. It's probably because a Colorado real estate license requires 168 hours of pre-education before you can take the exam. But for example, it's much worse in Texas, where you need 210 hours before taking the exam.
You'll need 42 hours a week and four full weeks to finish all 168 hours of the real estate pre-licensing education. By getting your real estate license online, you have the freedom to work around your other responsibilities. However, you'll also appreciate the freedom to study at your own pace. If you need more time on a specific section, you can go slower before moving on to the next subject.
Real Rewards in Real Estate
Real estate is an ever-changing business with excellent earning potential. As a real estate agent, you get to set your own goals and reap the rewards of success. You'll help people navigate the major milestones like a first home or retirement condo.
Colorado real estate agents are working in an exciting time in their state's growth. With your real estate license, you can explore different career options.