What it takes to become real estate broker
John Vanhara If you want to be broker managing real estate office in Nevada here is the list of requirements:
Broker and Broker/Salesperson License
Applicants must show proof of completion of *64 semester units, comprised of:
Course Topic
Real Estate Law(including 18-hours of Nevada real estate law, not waived by experience)
3 Semester Units
Real Estate Principles
3 Semester Units
Real Estate Appraisal
3 Semester Units
Real Estate, Business, or Economics
15 Semester Units
Broker Management Training(not waived by experience)
3 Semester Units
Non specified units - can be in general studies from an accredited university or college. Non-credit courses are not applicable.
37 Semester Units
UNIT TOTAL 64
Broker license applicants who hold a valid real estate salesman’s license are entitled to receive credit for the equivalent of 16 semester units of college level courses for each two years of active experience as a licensed real estate salesman or broker. The license must be VALID in that state at the time of application in Nevada. This credit may not be applied against the Broker Management Training requirement.
Applicants for a Broker’s license must have been actively engaged as a full-time licensed real estate broker or salesman for at least two (2) of the four (4) years immediately prior to the issuance of a Nevada Broker license. Applicants may apply for a Broker/Salesperson license without meeting the experience requirement.
Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state but must show proof of those results.
Popularity: 8%