Yes, Colorado does not require you to have an employing broker to take the state exam. However, you will need an employing broker to receive an active real estate license when you submit your broker license application.
The Colorado Broker Pre-licensure Exam consists of two sections. The National section will ask 80 multiple-choice questions. You must answer 60 correct to pass. The State section will ask 74 multiple-choice questions and you must answer 53 correct to pass.
Read MoreYou will be tested on national and state real estate-related content. Topics include property ownership, land use controls, financing, market analysis, property disclosures, and contracts. State-specific questions ask about the Commission, licensing, regulatory requirements, statutes on licensees, and office procedures
Read MoreColorado does not permit any personal calculators. An online calculator will be provided with the basic functions you need to answer any valuation and math questions.
Read MoreYou will need to bring (2) forms of identification. One must be state or federal government-issued, like a driver’s license or passport. The secondary form can be another primary ID or something which contains your signature, like a credit or debit card.
Read MorePSI can accommodate testing modifications in accordance with the ADA. Anyone requesting accommodations must fill out the accommodations request form and submit documentation from a medical authority or specialist about their limitations.
Read MorePSI will provide secure storage for candidates to store their personal belongings during the test. Food, drink, smoking, and electronic devices are not permitted in the testing center. You will be allowed to use the restroom during the exam, but you will not receive extra time.
Read MoreYes, Colorado does not require you to have an employing broker to take the state exam. However, you will need an employing broker to receive an active real estate license when you submit your broker license application.
Read MoreYes. You must apply to the Colorado real estate commission for your broker license within one year of successfully passing both parts of the exam.
Read MoreYour next steps will be to get fingerprinted and have a background check, purchase E&O insurance, and a Colorado employing broker. Fill out your broker application form online.
Read MorePSI will send your score report immediately upon completion of your test, both on-screen and via email. It will also make a report to the Colorado Division of Real Estate with your score results.
Read MoreYou can take the state broker license exam as many times as necessary to pass both the national and state portions. The fee to retake both sections or a single section is $42.50. However, keep in mind that the score of the section you passed is only valid for (1) year for your broker license application.
Read MoreGood news! Your Colorado broker license exam results will show instantly when you finish the test. A score report will appear on-screen and will be emailed to you. It will also provide you with a diagnostic report by topic area and exam type if you did not pass.
Read MoreYes. You can retake your real estate broker exam as many times as necessary to pass. If you pass one section and not the other, you can retake just the failed section. Just know that your passing section score is only valid for (1) year for your broker license application.
Read MoreYou will visit PSI’s website or call (855) 744-0313 to reschedule your state exam.
Read MoreAny exam retakes will cost $42.50, made payable to PSI.
Read MoreNo. You can retake just the section that you still need to pass. Keep in mind for your license application that any passing scores are only valid for (1) year.
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