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How to Obtain a Broker's License

For a Salesperson to obtain their Brokers License, the following criteria must be met before they can take their Brokers Exam:

  1. Must have Salesperson License for at least two years.
  2. Must complete the following statutorily required college-level courses:
    1. Real Estate Practice
    2. Legal Aspects of Real Estate
    3. Real Estate Finance
    4. Real Estate Appraisal
    5. Real Estate Economics or Accounting
    6. And three* courses from the following group:
      • Real Estate Principles
      • Business Law
      • Property Management
      • Real Estate Office Administration
      • Escrows
      • Mortgage Loan Brokering and Lending
      • Advanced Legal Aspects of Real Estate
      • Advanced Real Estate Finance
      • Advanced Real Estate Appraisal

*If applicant completes both Accounting and Real Estate Economics, only two courses from group (f) are required.

Applicants who complete the above statutorily required college-level courses are eligible to take the salesperson examination without providing further evidence of education or experience.

NOTE: Requirements for renewing a Brokers License are the same as a Salespersons 45-Hour Renewal.



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