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Colorado State Requirements

Education Requirements

Associate Broker Licensing Requirements

An associate broker must be employed and supervised by an employing broker or on inactive status and must meet the requirements listed below:

  1. 48 Hours in Real Estate Law and Practice
  2. 48 Hours in Colorado Contracts and Regulations
  3. 8 Hours in Trust Accounts and Record Keeping
  4. 8 Hours in Current Legal Issues
  5. 24 Hours in Real Estate Closings
  6. 32 Hours in Practical Applications
  7. . Pass entire broker exam

View course outlines:
http://www.dora.state.co.us/real-estate/licensing/education/broker/courses.htm

Continuing Education Requirements

Broker:

  • Passing the state portion of the broker licensing examination during your renewal cycle, OR
  • Effective April 1st, 2006, each active licensed broker must complete the "Annual Commission Update" course twice during each license period, plus electives for a total of 24 hours of CE during your renewal cycle. A licensee may not take the same version of the Update Course more than once during each license period. The update course may only be taken from schools approved by the Division of Private Occupational Schools or colleges and universities. If the Update Course is taken three times during a license period, the licensee will receive elective credit hours for the third course, OR
  • Completing the 24-hour "Brokerage Administration" course (if not previously taken for CE credit) during your renewal cycle, OR
  • Completing the 24-hour "Broker Transition" course (if not previously taken for CE credit) during your renewal cycle OR
  • Completing 72 total hours in the Colorado Contracts & Regulations course (48-hrs) AND Real Estate Closings (24-hrs) during your renewal cycle.

BROKER LICENSES EXPIRING ON DECEMBER 31, 2007

Broker completes 3 hour commission update course for 2005 plus 4 hour update courses for 2006 and 2007 plus 13 hours of elective CE.

BROKER LICENSES WITH TRADITIONAL RENEWAL PERIOD

Broker completes one 4-hour update course during 1st calendar year (2006) and one 4-hour update course during 2nd year (2007). Broker not required to complete an update course during partial year (Jan. 1, 2008 - July 15, 2008). In addition to the two 4-hour update courses, Broker required to complete 16 hours of elective CE during the Transitional period of (Jan. 1, 2006 - July 15, 2008).

BROKER LICENSES WITH ANNIVERSARY DATE RENEWAL PERIOD

Broker completes an Annual Update course each and every anniversary year prior to renewal. Anniversary years are from Jan. 1 through July 15. Anniversary date renewal periods are a 3 year period (e.g. July 15, 2008 - July 15, 2011). So, along with one annual update course for each anniversary year, broker must complete the rest of the 24 hours in elective courses through the 3 year anniversary period.

Reciprocity:

Education And Licensure In Another State The Division of Real Estate is authorized by statute to enter into license recognition agreements with licensing authorities that allow the issuance of real estate licenses to applicants from Colorado in substantially the same manner (Colorado License Law 12-61-103 (6)(b) CRS).

Full Recognition Agreement

The following jurisdictions have agreed to participate with Colorado in a program to recognize real estate licenses of equal authority without further education or examination requirements: Alabama, Alberta, Arkansas, Connecticut, Georgia, Idaho, Iowa, Kansas, Kentucky,Louisiana, Massachusetts, Minnesota, Mississippi, Montana, Nebraska, New Mexico, New York, North Dakota, Oklahoma, Oregon, Pennsylvania, South Dakota, Tennessee, Utah, West Virginia, Wyoming If you are licensed in one of these jurisdictions and would like to apply for a Colorado license, review the Colorado Real Estate Broker License Application in order to determine licensing requirements, and follow the instructions on the application. If you are licensed in Colorado and would like to be licensed in one of these jurisdictions, contact them (using the above website links) for details on the application process.

If you are licensed in one of the following jurisdictions, Colorado will accept an applicant for licensure with limited examination and or pre-licensing education requirement: Florida, Illinois, Indiana, Maine, Missouri, Maryland, Rhode Island, South Carolina, Virginia, Washington If you are licensed in one of these jurisdictions and would like to apply for a Colorado license, review the Colorado Real Estate Broker License Application in order to determine licensing requirements, and follow the instructions on the application. If you are licensed in Colorado and would like to be licensed in one of these jurisdictions, contact them (using the above website links) for details on the application process. If you are licensed in one of the following jurisdictions, Colorado will accept an applicant for licensure with limited examination and or pre-licensing education requirement: Ohio licensees must also complete (a) the "Commission Update Course" and (b) the 24-hour "Real Estate Closings" course in addition to the requirements as set forth on the Colorado Real Estate Broker License Application.

No Recognition Agreement

The following jurisdictions were offered license recognition with Colorado but at this time have not agreed to participate:Alaska, Arizona, British Columbia, California, Delaware, District of Columbia, Guam, Hawaii, Manitoba, Michigan, Nevada, Newfoundland, New Brunswick, New Hampshire, New Jersey, Northwest Territories, North Carolina, Nova Scotia, Nunavut Territory, Ontario, Puerto Rico, Quebec, Saskatchewan, Texas, Vermont, Virgin Islands, Wisconsin.

Reporting:

Student Reporting Requirements

Licensees, DO NOT send certificates to the Division of Real Estate unless requested. Continuing Education course providers must provide course completion certification to students showing:

  1. Provider Information: name, address and authorized signature.
  2. Course Information: title, total hours, course subject/content.
  3. Student Information: name, address, SSN, real estate license number and date(s) of attendance.

Case Management Procedures for Continuing Education

Each Colorado licensed broker is responsible for securing from the provider evidence of course completion in the form of an affidavit, certificate or official transcript of the course. Said documentation must be in sufficient detail to show the name of the licensee, course subject, content, duration, date(s) and contain the authentication of the provider. Licensees must retain proof of continuing education completion for 4 years, and provide said proof to the Commission upon request.
Each provider approved under rule B-3 must retain copies of course outlines or syllabi and complete records of attendance for a period of four (4) years.