Here are the administrative costs of getting a real estate license in Colorado: Broker exam fee: $44.95 for the first attempt (and $42.50 for additional attempts; many applicants need two or three tries to pass this challenging exam)
How much does it cost to take the Colorado real estate exam?
The Colorado Broker Exam fee is $44.95. If you fail the exam and need to retake it, you must pay an additional fee of $42.50.
How hard is the Colorado real estate exam?
The Colorado Real Estate Salesperson Exam is one of the hardest state test to pass in the United States. We have compiled this simple exam cram book that quickly and easily prepares you to take your state licensing exam and pass it on the 1st try with the PSI exam.
How many times can you take the Colorado real estate exam?
You can take the state broker license exam as many times as necessary to pass both the national and state portions. The fee to retake both sections or a single section is $42.50.
How much is the OK real estate exam?
Pass the Oklahoma Real Estate License Exam
The exam fee is $60, and to pass the exam you must score 70% or better.
How do I pass the Colorado real estate exam?
The exam consists of 80 national questions and 74 state specific questions. To pass, you must answer correctly at least 60 of the national questions and 53 of the state specific questions.
How long is a Colorado real estate license good for?
Colorado Broker licenses must be renewed every three years.
Is the Colorado real estate exam open book?
Colorado Real Estate Exam
The general portion of the exam covers real estate law and practice which is common in most states. The second part of the broker exam is specific to Colorado real estate rules, regulations, and contracts. The test is not open book, and you may not bring anything with you to the test center.
How much money does a real estate agent make in Colorado?
The average salary for a real estate agent is $90,987 per year in Colorado.
How long does it take to get a real estate license in Colorado?
How fast can I get my Colorado real estate license? The whole process from education to license in hand will take approximately 2 to 4 months. Fingerprinting and background check can take up to 2 weeks.
What disqualifies you from being a real estate agent in Colorado?
Colorado realtors may have their real estate licenses suspended or revoked if they get convicted of a Colorado felony. And having a criminal past can prevent aspiring agents from getting a license in the first place.
Is real estate test hard?
Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.
Do real estate agents make good money?
According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.
Which states have the hardest real estate exams?
Colorado and Texas lead the way with the most difficult licensing requirements in the United States.