Unlock Your Future: A Step-by-Step Guide to Colorado Real Estate Licensing

Discover the essential steps to earn your Colorado real estate license and embark on a rewarding career in the dynamic real estate market.

A PERSONAL GUIDE TO GETTING YOUR COLORADO REAL ESTATE LICENSE

At just 19, I was ready to swap the long shifts at Beau Jo’s Pizza for something more fulfilling.

My aspirations ignited when I stumbled upon a real estate investment series by Carlton Sheets on VHS.

That moment became my turning point, setting me on a path that led me to earn my real estate license and launch a rewarding career.

Fast forward a few years, and I was making waves in the industry—by 27, I graced the cover of Realtor Magazine’s 30 Under 30 list.

While it was the mid-90s then and the real estate scene has transformed quite a bit, getting a real estate license in Colorado today is straightforward and achievable.

If you’re considering this career leap, here are seven key steps to guide you toward earning your Colorado real estate license.

KEY REQUIREMENTS FOR COLORADO REAL ESTATE LICENSING

To qualify for a real estate license in Colorado, you need to:

  • Be at least 18 years old
  • Be a U.S. citizen

The Colorado Division of Real Estate, part of the Department of Regulatory Agencies (DORA), requires you to complete an approved 168-hour education course.

Recommended online schools for this include The CE Shop and Colibri Real Estate Education, where you can snag a 30% discount using code HW30 for The CE Shop and HousingWire30 for Colibri.

You’ll need to pass a state exam made up of 80 multiple-choice questions, with a time limit of 3.5 hours.

Aim for a minimum score of 75% to earn your license.

STEPS TO GET YOUR COLORADO REAL ESTATE LICENSE

  1. GET FAMILIAR WITH REQUIREMENTS
    To earn your real estate license, you need to commit to completing 168 hours of coursework at a state-approved institution.

    Think of it like a part-time job and plan to dedicate three to six months to this goal.

  2. ENROLL IN A 168-HOUR PROGRAM
    Estimated Cost: $350 – $850
    Your required coursework covers six essential topics:
  • Practical Applications (32 hours)
  • Real Estate Law and Practice (48 hours)
  • Colorado Contracts and Regulations (48 hours)
  • Trust Accounts and Recordkeeping (8 hours)
  • Current Legal Issues (8 hours)
  • Real Estate Closings (24 hours)
  • PASS THE COLORADO REAL ESTATE EXAM
    Estimated Fee: $44.95
    You must ace both the national and state exams, hitting at least 75%—that’s 60 correct answers out of 80.
  • COMPLETE A BACKGROUND CHECK
    Estimated Cost: $40 – $50
    A fingerprint-based background check is required in Colorado, as it is in most states.
  • GET ERRORS & OMISSIONS (E&O) INSURANCE
    Estimated Annual Cost: $200 – $400
    Every licensed real estate agent in Colorado needs E&O insurance for protection against legal claims that may arise from their work.
  • FIND A BROKERAGE THAT FITS YOU
    This choice isn’t just about alignment in vision; it’s about finding the right environment to foster your growth and aspirations.
  • SUBMIT YOUR LICENSE APPLICATION
    Estimated Application Fee: $495
    Once you’ve ticked all the boxes—completed your coursework, passed the exam, secured a brokerage, and obtained insurance—you’re set to apply for your license through the Colorado Division of Real Estate.
  • FINAL THOUGHTS: STEP INTO YOUR NEW CAREER

    Getting your Colorado real estate license is more than just crossing off a list of tasks; it’s the start of an exciting new journey.

    Whether you’re launching a new career or searching for fresh challenges, this path can lead you to financial freedom and personal success.

    By taking thoughtful steps, trusting the process, and preparing to thrive in one of the nation’s most dynamic markets, you can look forward to a fulfilling career ahead.

    Source: Housingwire