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 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.
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
Complete Pre-Licensing Education
Complete 168 hours of qualifying education
8-16 weeks
Submit Fingerprints
Complete fingerprinting through CBI for a 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
$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
- Official Website
- (303) 894-2166
- dora_realestate_website@state.co.us
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