Below is a structured, step-by-step guide to obtaining a real estate license in Colorado (specifically an Associate Broker or Broker level license, which is the standard license for real estate agents in Colorado). The process is regulated by the Colorado Division of Real Estate under the Department of Regulatory Agencies (DORA) and includes education, examination, background checks, and licensing steps.
1. Meet Basic Eligibility Requirements
You must be at least 18 years old, legally eligible to work in the United States, and able to meet background check requirements.
2. Complete Required Pre-Licensing Education
Colorado requires 168 hours of approved real estate education. Courses must be completed through a state-approved real estate school or an accredited college or university. You will receive completion certificates after finishing the coursework.
3. Pass the Colorado Real Estate Broker Exam
After completing education, you must pass the licensing exam, which includes a national portion and a Colorado-specific portion. Both sections must be passed to qualify for licensure.
4. Submit Fingerprints and Complete a Background Check
You must complete a state and federal criminal background check, including fingerprinting, through an approved vendor. This step can take time, so it is recommended to complete it promptly.
5. Obtain Errors and Omissions (E&O) Insurance
Before your license can be activated, you must carry Errors and Omissions insurance. This is often provided through your brokerage or purchased independently.
6. Affiliate with a Sponsoring Broker
New licensees must be affiliated with a designated or managing broker. You cannot practice real estate independently without this sponsorship.
7. Apply for Your License
Submit your license application online through the Colorado Division of Real Estate. You will need to include proof of education, exam results, background check completion, insurance, and payment of licensing fees.
8. Activate Your License and Begin Practicing
Once approved, your license becomes active under your sponsoring broker, and you may legally practice real estate in Colorado.
9. Maintain Your License
Colorado licenses must be renewed every three years. Renewal requires completion of continuing education.