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CO

Colorado Real Estate Broker License

Requirements, fees, and steps to upgrade to broker

0 yrs
Experience Required
168 hrs
Pre-License Education
$132
Listed Fees
12-24
Weeks to License

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 an accredited community college, university, or DPOS-approved school

Licensed attorneys only need 12 hours of pre-licensing education. Attorney and out-of-state education exceptions were not re-verified in this pass.

Find Approved Education Providers →

Broker Examination

Exam Name

Colorado Real Estate Broker Examination

Provider

PSI

Format

National portion: 80 questions (60 correct to pass), 120 minutes. State portion: 74 questions (53 correct to pass), 110 minutes.

Passing Score

National 60/80; State 53/74. Passing results valid for 1 year.

Exam Fee

$49

Retake Policy

Initial exam $49; retake $48 per attempt. Results valid for 1 year (per PSI bulletin 649, October 1, 2023).

Fees

Application Fee $83
Examination Fee $49
Listed Fees $132

Listed fees: application $83 + PSI exam $49 = $132. The fingerprint background check (state/FBI fees plus a vendor surcharge) is additional, so this is not a complete startup cost. Unknown fees are not zero.

A fingerprint-based check is required; CBI lists state and FBI fees plus a vendor-set surcharge, so no single official amount is certified.

Timeline

1

Complete Pre-Licensing Education

Complete 168 hours of qualifying education

8-16 weeks

2

Submit Fingerprints

Complete fingerprinting through CBI for a background check

1-2 weeks

3

Pass Broker Exam

Take and pass both national and state portions of the exam

1-2 weeks

4

Obtain E&O Insurance

Secure errors and omissions insurance coverage

1 week

5

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

$252

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; the remaining 12 hours are electives.

Base-rate renewal for the 3-year cycle (DRE fee table)

Reciprocity Agreements

Colorado accepts applicants licensed in any U.S. state or territory. With a non-expired license held at least 2 years: pass the Colorado state exam portion only (no pre-licensing education), plus a fingerprint check and a certified license history dated within 90 days. With an expired license or under 2 years licensed: complete the required education and both exam portions. Applicants with under 2 years of broker experience start at the associate broker level.

Colorado Division of Real Estate

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Not a Broker Yet?

Start with an agent license if you don't have the required experience.

Colorado Agent License →