Colorado Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
Colorado does not require prior salesperson experience to become a broker. All licensees in Colorado are brokers.
Alternative Pathways:
Colorado is unique in that there is no separate salesperson license - all licensed real estate professionals are brokers.
Education Requirements
Complete 168 hours of qualifying education from a nationally accredited community college or university, or a school approved by the Colorado Department of Private and Occupational Schools (DPOS).
Required Courses:
- 168 hours of qualifying education from accredited community college, university, or DPOS-approved school
Licensed attorneys only need 12 hours of pre-licensing education.
Broker Examination
Exam Name
Colorado Real Estate Broker Examination
Provider
PSI
Format
National portion (80 questions) and State portion (74 questions)
Passing Score
75%
Exam Fee
$49
Retake Policy
Exam results valid for 1 year; $42.50 retake fee per attempt
Fees
| Application Fee | $485 |
| Examination Fee | $49 |
| Background Check | $43 |
| Total | $577 |
Does not include pre-licensing course costs ($600-$1,200) or required E&O insurance.
Timeline
Complete Pre-Licensing Education
Complete 168 hours of qualifying education
8-16 weeks
Submit Fingerprints
Complete fingerprinting through CBI for background check
1-2 weeks
Pass Broker Exam
Take and pass both national and state portions of the exam
1-2 weeks
Obtain E&O Insurance
Secure errors and omissions insurance coverage
1 week
Submit Application
Apply within 1 year of passing exam with employing broker signature
2-4 weeks
License Renewal
Renewal Cycle
Every 3 years
Renewal Fee
$203
CE Hours Required
24 hours
Online Renewal
Available
24 hours of continuing education per 3-year cycle. 12 hours must be three different versions of the 4-hour Annual Commission Update Course; remaining 12 hours are electives.
Reciprocity Agreements
Colorado has reciprocity agreements with other states.
Colorado does not have reciprocity agreements. Out-of-state licensees must meet all Colorado requirements.
Colorado Division of Real Estate
- Official Website
- (303) 894-2166
- dora_realestate_website@state.co.us
Quick Tools
Not a Broker Yet?
Start with an agent license if you don't have the required experience.
Colorado Agent License →