Broker License: Overview
Minimum Requirements - Broker
Applicants wishing to secure a real estate broker's license
must qualify in two categories:
Education and/or Experience
Statutory courses
Education and/or Experience
A minimum of two years full-time licensed salesperson experience
within the last five years (or 4-years part-time, or a 4-year
college degree from an accredited college - One or the other).
Statutory Courses
Applicants must have successfully completed at least eight statutory-required
college level courses from the following list:
Five
required courses
Real Estate Practice
Legal Aspects of Real Estate
Real Estate Finance
Real Estate Appraisal
Real Estate Economics or General
Accounting
Three
of these courses*
Real Estate Principles
Real Estate Property Management
Real Estate Office Administration
Mortgage Loan Brokering and Lending
Business Law
Escrows
Advanced Legal Aspects of Real Estate
Advanced Real Estate Finance
Advance Real Estate Appraisal
*Only the courses marked in bold are offered by the Chamberlin School. *If applicant completes both Accounting and Economics, only two courses from second group are required.