Here is a potential timeline for how long it could take to obtain your Colorado real estate broker license:
Step 1: Complete the required 168-hour Colorado Pre-License course.
- Most students opt to take the course online so they can complete the course at their pace.
- An online course can be faster to complete than an in-person class.
- This step can take anywhere from 4-8 weeks, depending on how quickly you complete the course online.
Step 2: Schedule and take the state exam.
- You can schedule your exam through http://www.psiexams.com or by calling 1-855-744-0313.
- This step can take anywhere from 1-3 weeks, depending on availability at the testing centers.
Step 3: Schedule your background check.
-Once you pass the exam, schedule your fingerprints and background check.
-The state has three approved vendors to schedule and submit your fingerprints.
- Scheduling your fingerprints could take 1-3 weeks depending on availability.
-The Colorado Division of Real Estate will match your background check results to your application once they receive it. Results could take up to 10 weeks.
Step 4: Obtain E&O insurance
Colorado requires all real estate brokers to have a current E&O policy before getting an active license. The Colorado Real Estate Commission offers a Group E&O Program. Your insurance coverage begins when you pay your premium.
Step 5: Apply for your license.
-You can submit the applicationas soon as you have your proof of education, passed the exam, insurance, and started the background check.
-The real estate commission does not provide an application process time estimate. It often depends on when the state receives your background check.
Total Time: 12-24 weeks
It's possible to have your real estate license within three months. How quickly you earn your license will depend on the time it takes you in completing your course, passing the exam, submitting fingerprints, obtaining insurance, and applying for the license.