How to Get a Real Estate Broker License in Colorado

• Education requirement: 168 hours of pre-license education (same as initial broker license). To upgrade to Employing Broker, requires 2 years of active experience as a licensed broker. Colorado does not have a salesperson license — all licensees start as brokers.. Many providers offer online options, giving you flexibility to study on your own schedule.
• The licensing exam: The Colorado Real Estate Broker Exam is administered by PSI. You'll need to score at least 75% on each section to pass. Study materials and practice exams are available from most education providers.
• Already licensed in another state? Colorado may waive some education requirements for experienced licensees from other states.
• Background check required: Colorado requires a criminal background check as part of the application process. Plan for additional processing time and fees.
• Online application available: Colorado accepts online applications, which can speed up processing time.
• Ongoing requirements: Once licensed, you'll need 24 hours of continuing education every 3 years. 24 hours of continuing education every 3 years, including the Annual Commission Update course.

How Colorado Compares

Colorado requires 168 hours of pre-license education for real estate brokers. This is about 44% above the national average of 117 hours. The average total cost in Colorado is around $1,200, compared to the national average of $936. Colorado's 3-year renewal cycle is longer than the national average of 2.1 years.

• Choose your education provider carefully: Compare prices, format (online vs. in-person), and reviews. Some providers offer exam prep materials bundled with the course, which can save you money. Check the Colorado Division of Real Estate website for a list of approved providers.
• Don't rush the exam: With 168 hours of required coursework, consider a structured schedule — completing one course at a time helps avoid burnout. Use practice exams to identify weak areas before scheduling your test date.
• Build your track record as an agent first: Brokers can operate independently and sponsor agents Most states require 1-3 years of active agent experience before you can apply for a broker license. Use this time to close deals, build client relationships, and develop your business skills.
• Plan your brokerage model: As a broker, you can open your own firm, join a franchise, or work as an associate broker. Each model has different startup costs, liability, and income potential. Research all options before committing.
• Budget approximately $1,600 for your Colorado license: This includes $163 in application fees, $82 for the exam, and education costs. Once licensed, plan for $163 in renewal fees every 3 years.