What is required to obtain a Broker License?
To obtain a real estate broker license a person must complete 8 college-level courses; The California Department of Real Estate mandates five courses and three are elective courses. The five mandated courses are asterisked. The elective courses may be chosen from the remaining courses listed. Note: if a student has credit for general Accounting and Economics, only two other electives are required.
|Legal Aspects of Real Estate*
||The courses in bold type are offered online by Clare Institute.
|Real Estate Appraisal*
|Real Estate Finance*
|Real Estate Economics*
or General Accounting
|Real Estate Practice*
||* courses mandated by the California Department of Real Estate
|Mortgage Loan Brokering & Lending
|Real Estate Principles
|Real Estate Office Administration
|Computer Applications in RE
|Common Interest Developments
In addition to the education requirement, you must have 2 years full-time (or 4 years part-time) experience as a salesperson or experience the California Department of Real Estate recognizes as equivalent experience.
3-Broker License Examination:
You must successfully pass the Real Estate Broker examination with a score of 75% or better.
While there is no minimum age requirement for taking the college level courses, you must 18 years of age to apply for the Broker License.
Residency in the state of California is not a requirement. However, the applicant must meet the educational and experience requirements, and successfully pass the California Broker License Examination.
License application must be honest and truthful. Conviction of a crime that is either a felony or involves moral turpitude may result in denial of a license. Failure to reveal a criminal conviction on an original license applicant may result in the denial of a license.
BROKER LICENSE FEES
What are the license fees?
HOW TO ORDER
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