How To Get Real Estate License In Colorado: Earn 6 Figures Sooner!

Are you thinking about getting a real estate license in Colorado? Well, in that case, you are in the right place.

Now, you too can turn your passion for property into a real career. And we are here to help you kickstart that journey, Colorado Real Estate School!

First, the good news: the process is actually pretty straightforward. You just need to be at least 18 years old and a legal U.S. citizen to begin with it!

Next, you will dive into 168 hours of state-approved schooling to learn the ropes. After that, you will ace the state exam and pass a quick background check.

Finally, you will team up with an experienced broker. So, are you ready to make your move? Let’s build your dream career today!

How To Get Real Estate License: A Step By Step Guide! 

If you are ready to turn your passion for property into a real paycheck, you are in the right place. Here is your quick guide on how to get a real estate license today.

Step 1: Complete Your 168-Hour Classes

So, if you are wondering how to get a real estate license in Colorado, your first step is to complete the state-required education.

You can get this done through the Colorado Department of Regulatory Agencies.

Before you sign up, you need to be at least 18 years old and a legal U.S. citizen.

Next, you will take 168 hours of approved classes. These lessons teach you the legal basics and daily skills you need to protect your future clients.

Additionally, most schools require you to pass a final practice test to graduate.

· Choosing The Right School

You can study at your own pace online or learn face-to-face in a physical classroom. The choice is totally up to you!

However, as you compare your options, keep these key factors in mind:

• A real value for your money
• Easy-to-use online websites
• Helpful study tools and practice quizzes
• High student reviews and great success rates

Step 2: Pass Your Colorado Broker’s Exam

After finishing your classes, your next big milestone is to get a real estate license is passing the PSI state exam.

PSI primarily administers this exam, which has two parts. The national part checks your general real estate knowledge, and the state part tests Colorado-specific laws.

You need to score at least 75% on the national section and 71.5% on the state section to pass.

Thankfully, you can pass on your very first try with the right habits. Here is how to prepare:

• Firstly, you need to create a study plan to stay on track each day.
• Secondly, you can practice real estate math formulas regularly.
• After that, you can take practice tests to build your confidence.
• Lastly, you can join an exam prep course for extra help.

So, when you are ready, just schedule your PSI test and bring your school graduation certificate!

Step 3: Get Your Background Check Done

After passing your exam, the next simple step on how to get a real estate license is completing a standard background check.

To do this, you just need to submit your fingerprints to the Colorado Bureau of Investigation to keep the industry safe and trustworthy.

Fortunately, the process is very quick. You can easily visit an approved local vendor, such as Colorado Fingerprinting or IdentoGO, to get your prints taken.

It is best to do this about two to three weeks before you send in your official license application.

Your prints usually take anywhere from one day to two weeks to process. This depends on how you submit them.

Once that is done, you are officially ready for the final steps.

Step 4: Get Your Errors & Omissions Insurance

Now that your background check is moving along, let’s talk about protecting your new business.

A major requirement for getting a real estate license in Colorado is getting Errors and Omissions (E&O) insurance.

Basically, this is a special professional safety net that protects both you and your future clients if any honest mistakes happen during a deal with the Colorado Division of Real Estate.

Fortunately, getting covered is very simple. You can easily buy an individual plan yourself or join your new company’s group policy.

Just keep in mind that you must have this proof of insurance ready to fully activate your active license. It keeps your career safe and builds great trust with clients.

Step 5: Join A Real Estate Brokerage

Well done! You are so close to figuring out how to get a real estate license and starting your career.

However, before you can jump into making deals, you need to pick a great real estate team to sponsor you in the Colorado Division of Real Estate.

Joining a brokerage is amazing because it gives you instant credibility, helpful mentors, and better ways to find clients.

As you interview different companies, keep these important factors in mind:

• Market reputation and brand trust
• Commission split and office fees
• Mentoring programs for new agents
• The tech and marketing tools they provide

Ultimately, finding the right company will give you the perfect launchpad for a highly successful career.

Step 6: Apply For Your Colorado Real Estate License

You have finally reached the last step on how to get a real estate license! Now, you just need to send your application to the state using their online portal, eLicense Colorado Division of Real Estate.

Before doing this, remember that you must have your sponsoring brokerage selected to complete the form.

· Creating An eLicense Account

First, you will set up a personal eLicense account. This easy online profile is your one-stop shop for handling your application and managing your future license renewals.

· Required Documentation And Fees

Next, submit your paperwork and pay the initial $485 broker application fee to Colorado Real Estate School.

Moreover, you just need to keep in mind that this fee is non-refundable. To keep things moving quickly, make sure you include these key items:

• Your official application form
• Your fingerprint background check confirmation
• Proof that you passed the state exam
• Electronic proof of your E&O insurance

Keeping Your License Active And Renewed

Getting your certificate is amazing. However, earning a real estate license is just the beginning of your long-term success.

You need to finish 24 hours of continuing education classes every three years with the Colorado Division of Real Estate. This can help you to keep your Colorado license active.

This includes taking three different yearly update courses plus some fun elective classes of your choice.

Moreover, you must always keep your completion certificates for at least four years, just in case the state asks to see them.

When it is time to renew, the official window opens on November 1 and ends on December 31.

Lastly, your updated license will appear in your online portal within 2 days. This shows you are ready for more business!

Moving From Another State? Try Reciprocity!

If you already have a license elsewhere, learning how to get a real estate license in Colorado might be even easier for you.

Thankfully, the state offers limited reciprocity, which helps out-of-state agents skip certain steps Colorado Division of Real Estate.

You just need to submit a certified license history from your current state to qualify.

Furthermore, if you have been an active agent for at least two years, Colorado completely waives your 168-hour schooling requirement!

However, you will still need to pass the Colorado-specific portion of the state exam and turn in your standard paperwork to get started.

Are You Ready To Be A Colorado Real Estate Agent?

So, now you have finally reached the end of this helpful guide!

I would assume you are fully equipped with all the best insider knowledge on how to get a real estate license in Colorado.

You just need ot understand each phase. You can start by checking off your basic requirements, completing your 168-hour schooling, and passing the official PSI Exams.

Moreover, you can also consider picking your perfect sponsoring brokerage! This way, you have brought yourself closer to making your career dreams a reality.

As you start this exciting new chapter, always remember that the property market rewards hard work and continuous learning.

Therefore, embrace every new challenge with a smile, let your personal passion guide you, and enjoy the journey.

With your brand-new credentials from the Colorado Division of Real Estate, the sky is truly the limit!