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Getting a real estate broker license can be confusing. The Division of Real Estate (Division) has provided a simple overview of the licensing process. Below are the steps you need to take in order to obtain a real estate broker license. In addition, we have provided you with quick links to other websites that will assist you in the application process.
Real estate brokers must renew their license every three years on the anniversary date they received their initial license. If a licensee fails to renew their license by the expiration date, they will have three years to reinstate their license (additional fees will apply). The Division has provided a simple overview of the renewal and reinstatement process.
All applications for licensure must be submitted in paper form to the Division via hand delivery, mail or expedited mail services. This includes applications for preliminary advisory opinion, reciprocity and applications for brokerage firms. Application for renewal of your license is completed online.
All licensees must submit to a state and national background check by submitting fingerprints to the Colorado Bureau of Investigation. The process can be confusing and if you do not follow it correctly, it will cause delays in the processing of your application.
All active real estate brokers, including licensed real estate companies with more than one broker, must carry errors and omissions (E&O) insurance. Licensees can be covered under their company’s umbrella E&O policy. The Division has contracted with Rice Insurance Services, LLC to administer the group E&O insurance program for real estate brokers. Division staff conduct compliance reviews to ensure real estate brokers have active and current E&O policies.
Application fees are updated and posted on our website on or around November 15th each year.
Colorado will partially recognize license credentials from another state or jurisdiction. The pre-licensing education and examination requirements vary for applicants who hold a real estate broker license in another state or jurisdiction. or for those who are licensed attorneys. To determine the education and examination requirements for a new Colorado broker license, download and review the information within the license qualifications grid.
Real estate brokers are required to disclose affiliated business arrangements to the Real Estate Commission.