How To Earn A Colorado Real Estate License
Real Estate License And Exam Prep Courses In Colorado
When it is time to earn your real estate license, the first step is making sure you are prepared. Luckily, TrainingCenter has both the required Colorado pre-licensing courses and training programs for how to list, sell, handle real estate objections, and more.
Essentially, you'll start by taking your state-specific pre-licensing course, then passing your exam. Tips for both, as well as recommended courses, appear below.
What Does A Colorado Real Estate Agent Do?Real Estate Agents in Colorado help clients to purchase, rent, or sell property. This includes finding buyers and sellers, providing advice and helping to negotiate on price, and referring home inspectors or mortgage professionals - all within federal and state rules and regulations.
Further, they are required to represent the best interests of their clients, whether they be buyers or sellers in Denver, Colorado Springs, Aurora, Fort Collins, and other cities in Colorado.
Generally speaking, Colorado real estate agents are responsible for:
- Communicating with buyers and sellers
- Abiding by state and federal laws re advertising and communications
- Staying involved to ensure any loan or financing requirements are met
- Communicating with the other agent and attorney's throughout the process
- Keeping an open line of communication with clients
- Help to close the transaction
Agents often decide to represent buyers only, sellers only, or both. Depending upon whether representing the buyer or the seller, agents can recommend an appropriate selling price, market the property, negotiate offers, attend and/or review the home inspection and appraisal, and provide feedback on comparable sales. Regardless, the job is not just showing houses; there is lots of paperwork, planning, and phoning, and not just in a 9-5 time frame.
The Benefits Of Having A Colorado Real Estate LicenseThere are many benefits to having a real estate license. While helping to serve your community find their "dream house", you also benefit from flexible hours and the opportunity to have high earnings via your commissions. For those who invest in real estate, having a license also gives you early access to properties as they become available.
About Our Colorado Real Estate Licensing Courses And Exam Prep Materials
We offer Colorado real estate license training courses that fulfill Colorado's pre-license education requirements. Our Colorado training and exam prep materials are delivered in an easy-to-understand manner that provides important insights and valuable exam tips and strategies covering Colorado's rules and regulations for Colorado real estate licensing. You receive:
- Both Print And Online Course Materials
- Sample Exams
- Exam Prep Materials
- Instructor Support
When you have completed the training materials, make sure to take as many practice exams as possible. This will help you to pinpoint and overcome problem areas, and ensure that you pass your Colorado real estate licensing exam on the first try!
Recommended Colorado Real Estate Licensing Courses And Exam Prep Materials
You'll find the real estate licensing courses you need here at TrainingCenter. We offer state-approved courses that meet the Colorado pre-licensing requirement.
To find the right state-approved course for you, simply select "Licensing" and your state from the search box below. Good luck earning your Colorado Real Estate License!
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About The Colorado Real Estate License Requirements
To help with how to get a real estate license in Colorado, we have provided below information on Colorado licensing requirements, its insurance department, and examination scheduling facilities, as well as info on what is on the exam and tips for passing it.
Colorado Real Estate Licensing Department Colorado Department Of Real Estate
Address:1560 Broadway, Suite 925
Denver, CO 80202
Phone: 303-894-2166
Email: website@state.co.us
Website: https://dre.colorado.gov/Examination SchedulingProvider: PSI Exams
Website: https://candidate.psiexams.com/index.jspTopics On The Colorado Real Estate License Exam The Colorado real estate licensing exam includes approximately 150 questions covering both national and state-specific information. The exam covers ownership, land use controls and regulations, disclosures, valuation, financing, titling, and contracts.
Colorado Real Estate License Requirements
The following lists any applicable pre-licensing, continuing education, renewal, and reciprocity requirements for Colorado real estate licensing.
Real Estate Education Requirements: Colorado real estate broker license: 168 hours of qualifying education comprised of mandatory courses required by the Colorado Real Estate Commission. This includes:
- 48 hours of Real Estate Law & Practice
- 48 hours of Colorado Contracts and Regulations
- 8 hours of Trust Accounts and Record Keeping
- 8 hours of Current Legal Issues
- 32 hours of Practical Applications
Substitution: A degree from an accredited degree-granting college or university with a major course of study in real estate. Original transcripts must be provided upon application. Unofficial transcripts may be submitted to the Division for review prior to taking the broker's exam.
State Reciprocity: If you hold a real estate license in one of the 49 states, Colorado will accept your application for licensure with limited examination and/or pre-license education.
Continuing Education And/Or License Renewal Requirements: Real estate broker licenses in Colorado need to be renewed every three years from the date the license is issued. To renew, licensees need to complete:
- 24 hours of real estate CE
- 12 hours need to be the 4-hour Annual Commission Update course, taken each year for 3 years
How To Get A Real Estate License In Colorado
Below are the recommended steps for passing your real estate agent exam and earning your Colorado real estate license.
- Step 1: Review Colorado's State Licensing Requirements
Since real estate licensing is state-specific, you want to make sure you qualify or meet the basic requirements for the state in which you want to be licensed. In most states, you have to be at least 18 years old, pass a background check, and pass your state's exam. Click your state from the table above to find your state's requirements - and suggested licensing courses. - Step 2: Register For The Colorado Real Estate Licensing Course
Our real estate training courses are designed to meet the state pre-licensing requirements, as well as prepare you for your state exam. Once you are done, you will be ready to take your state's real estate licensing exam. Click you state from the table above for information on where and how to register for your exam.
Note: Once you complete your course, be sure to obtain your official transcripts or certificate of completion from the school, which is required for your real estate license application. - Step 3: Study For Your Exam!
While exams often require you to know terms, definitions, and rules, real estate licensing exams are often more than just memorization, so make sure you understand the concepts and take as many of the practice exams that come with your real estate pre-licensing course materials as possible. - Step 4: Pass Your Real Estate Licensing Exam
- Step 5: Submit An Application To Get Your Colorado Real Estate License
Once you pass your exam, the next step is to apply for your real estate license. This usually includes completing an application and paying a licensing fee. - Step 6: Determine Where You Want To Work
New agents can work either individually, with a broker, or with a team. Those who want to work individually should make sure they have a good business plan and ample funding to carry them until their sales start rolling in. Separately, working with a broker could reduce up front costs while also providing a mentor relationship. Whichever option you decide is best for you, be sure to get trained! - Step 7: Get Training For Doing Listing Presentations, Handling Objections, And More!
While your real estate exam typically includes terms, definitions, and laws, it does not teach you how to sell real estate. For that, you'll need training on how to handle listing, FSBO, and expireds presentations, overcome objections, and more. Luckily, Training Center has lots of real estate training courses to help you succeed. Simply click one of the recommended courses below or select a topic from the search box below.
Good luck passing your Colorado real estate licensing exam!
Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein.
