What is included on the Colorado state broker licensing exam?
The Colorado Broker State Exam consists of two sections. You will be tested on national and state real estate-related content.
On the national portion, questions will cover:
Property ownership
Land use controls and regulations
Financing
Valuation & market analysis
General principles of agency
Property disclosures
Contracts
Leasing and property management
The practice of real estate
The state portion will ask about:
The Colorado Real Estate Commission
Licensing Requirements
Statutory & Regulatory Requirements
Statutes & Rules Governing Licensees
Colorado-specific Forms and Contracts
Other Colorado-specific topics such as state taxes and foreclosure protection act
Related FAQs
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.
You 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
Colorado 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.
You 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.
PSI 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.
PSI 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.
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.
Your 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.
PSI 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.
You 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.
Good 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.
Yes. 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.
No. 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.