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Obtaining a Broker's License
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For a Salesperson to obtain their Brokers License, the following criteria must be met before they can take their Brokers Exam:
- Must have Salesperson License for at least two years.
- Must complete the following statutorily required college-level courses:
- Real Estate Practice
- Legal Aspects of Real Estate
- Real Estate Finance
- Real Estate Appraisal
- Real Estate Economics or Accounting
- And three* courses from the following group:
- Real Estate Principles
- Business Law
- Property Management
- Real Estate Office Administration
- Escrows
- Mortgage Loan Brokering and Lending
- Advanced Legal Aspects of Real Estate
- Advanced Real Estate Finance
- Advanced Real Estate Appraisal
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*If applicant completes both Accounting and Real Estate Economics, only two courses from group (f) are required.
Applicants who complete the above statutorily required college-level courses are eligible to take the salesperson
examination without providing further evidence of education or experience.
NOTE: Requirements for renewing a Brokers License are the same as a Salespersons 45-Hour Renewal.
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