Colorado Real Estate Continuing Education Requirements

Colorado Real Estate Commission

1560 Broadway St.
925 Denver, CO 80202
Phone: 303.894.2166 or 800.886.7675
Fax: 303.894.2683
Email: dora_realestate_website@state.co.us

Colorado Real Estate Associate Broker Licensing

A. Be at least 18 years old

B. Complete 168 credit hours of education (required courses below)

a. Colorado Contract and Regulations—48 hours
b. Colorado Current legal Issues—8 hours
c. Colorado Law & Practice—48 hours
d. Colorado Practical Applications—32 hours
e. Colorado Real Estate Closings—24 hours
f. Colorado Trust Account and Record Keeping—8 hours

C. Pass both the national and state portions of the PSI Colorado Broker Licensing Exam

D. Kaplan is regulated by the Colorado Division of Private Occupational Schools. The DPOS requires Kaplan to capture specific student information and provide it to the agency on an annual basis. As part of your enrollment in a Colorado prelicensing course, you will be asked to provide your gender and race/ethnicity

E. Within one year of passing the Colorado Broker Licensing Exam, submit a broker's license application and all supporting documentation, including a fingerprint form. An employing broker must sign the application. Proof of errors and omissions insurance must be provided and fees paid in full

Employing Real Estate Broker Licensing in Colorado

A. Be at least 18 years old

B. Complete 24 credit hours of the Brokerage Administration 1 course

C. Must have two years of active experience as an associate broker

D. Kaplan is regulated by the Colorado Division of Private Occupational Schools. The DPOS requires Kaplan to capture specific student information and provide it to the agency on an annual basis. As part of your enrollment in a Colorado prelicensing course, you will be asked to provide your gender and race/ethnicity

E. Must have passed the state portion of the exam when obtaining an associate broker license

F. After completion of education, apply for a change of level of licensure with the state

a. Real Estate Broker Authority (REC-LA-O7-04)
b. Upgrading license will not change the expiration date

Associate and Employing Broker Continuing Education Requirements

A. All active real estate brokers need to complete 24 credit hours of education during a three-year license period. (To view the new expiration transition process, please visit this website for more information www.colorado.gov/pacific/dora/broker-license-expiration-date-transition-0.)

a. 12 hours must include three different versions of the four-hour Annual Commission Update course
b. 12 hours may be electives or other topic areas
c. If any Annual Commission Update course is missed during a license period, students may complete one of the following options:

i. Take and pass the state portion of the licensing exam
ii. Take the 24 credit hour Broker Reactivation course
iii. Complete 48 hours of the Colorado Contracts and Regulations course and the 24 credit-hour Broker Administration course to total 72 hours

B. If a licensee has been inactive for longer than three years, the licensee MUST contact the state to be advised of the process to reinstate the license

Fingerprinting and Real Estate Exam Provider Information

A. The Colorado Bureau of Investigation (CBI) must receive your fingerprints and run a routine background check before the state grants the license to sell real estate. For information on fingerprinting and scheduling an appointment please visit the state website.
B. To schedule the associate broker licensing exam, see the Real Estate Candidate Information Bulletin, access exam registration information, or for any exam questions, please visit www.psiexams.com

a. Exam testing locations are as follows:

i. Centennial
ii. Colorado Springs
iii. Durango
iv. Fort Collins
v. Grand Junction
vi. Pueblo
vii. Wheat Ridge

C. Two forms of identification are required to sit for the licensing exam

a. One must be a valid form of government-issued identification

i. Driver's license
ii. State ID
iii. Passport

b. The second must have your signature and preprinted legal name

D. Exam time frames:

a. National:

i. 80 questions
ii. Passing score is 60 correct questions
iii. Time allowed: 120 minutes (2 hours)

b. State:

i. 74 questions
ii. Passing score is 53 correct questions
iii. Time allowed: 110 minutes (1 hour and 50 minutes)

E. Helpful tips for exam day:

a. Arrive at least 30 minutes before your appointment
b. All candidates MUST bring a copy of all six course's completion certificates (also known as the REC-33)
c. The following items will NOT be permitted in the exam room:

i. Cell phones
ii. Purses
iii. Wallets
iv. Backpacks
v. Briefcases
vi. Suitcases
vii. Food
viii. Drink
ix. Study materials
x. Tablets
xi. Portable computers
xii. Radios
xiii. Calculators
xiv. Cameras
xv. Recording devices
xvi. Electronic and smartwatches
xvii. Lapel pins
xviii. Tiebacks
xix. Bulky or loose clothing or coats
xx. Hats or headgear not worn for religious reasons

F. Scores of the exam will be presented immediately following completion of the exam. Exam results will be reported to students and DORA

Exam Provider Information

A. Contact PSI for scheduling exams

a. For assistance go to www.psiexams.com or call PSI at 855-744-0313
b. Call center hours:

i. Monday- Friday 5:30am-8:00pm Mountain Time
ii. Saturday-Sunday 7:30am-3:00pm Mountain Time

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Source: https://www.kapre.com/real-estate-courses/colorado/state-requirements/

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