BROKER LICENSE QUALIFICATION COLLEGE-LEVEL
All qualification requirements must be met before you can schedule a broker examination. DRE valuation of claimed experience or education will not be conducted with applicants in person at any office of the Department or on the telephone. If you wish an evaluation of your previous college courses, degree or experience, you must submit:
If you are not qualified at the time you submit your application and fee, you will be notified in writing and you will have two years from the date of receipt of the application in which to complete the qualifications and take the examination. If you do not qualify for and pass the examination during the two-year period, the application expires and you will need to resubmit necessary qualifying material with the appropriate application fee.
- Broker Examination Application (RE 400b).
- The appropriate fee for application.
- Transcripts of your college courses and/or degree.
- Copy(s) of catalog description of any courses that you wish to substitute for the statutorily required courses.
- Employment Verification form (RE 226).
- Equivalent Experience Verification form (RE 227).
- Age: To apply for a license you must be 18 years of age or older.
- Residence: Residency in the state is not a requirement to become licensed. California has no reciprocity with any other state to allow a waiver of any of the requirements to obtain a license.
- Honesty: License applicants must be honest and truthful. Conviction of a crime which is either a felony or involves moral turpitude may result in denial of a license. License applicants must disclose all prior criminal convictions. The failure to reveal a criminal conviction on an original license application may also result in the denial of a license.
- Education: Applicants for a real estate broker license examination must have successfully completed the following statutorily required college-level courses:
- Real Estate Practice
- Legal Aspects of Real Estate
- Real Estate Finance
- Real Estate Appraisal
- And three* courses from the following group:
*If applicant completes both General Accounting and Real Estate Economics, only two courses from group "f" are required. Qualified broker applicants who have completed the above statutorily required college-level courses are eligible to take the salesperson examination without providing further evidence of education or experience.
- Real Estate Principles
- Business Law
- Property Management
- Real Estate Office Administration
- Mortgage Loan Brokering and Lending
- Advanced Legal Aspects of Real Estate
- Advanced Real Estate Finance
- Advanced Real Estate Appraisal
- Computer Applications in Real Estate
Broker qualification courses must be completed at an Institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner. If you intend to request a review for acceptance of a real estate related course which is titled differently from the list of required courses, a copy of your official transcripts should be submitted with your examination application and a copy of the course syllabus or a copy of the college's catalogue description (for the year of attendance) for the course.
- Experience: A minimum of two years full-time licensed experience within the last five years or the equivalent is required.
- Verification of Licensed Sales Experience:
The fact that you have held a salesperson license for two years does not under the law, necessarily qualify you for a broker license. You must document employment as a licensed salesperson on a full-time basis (or part-time for equivalent of two full years full-time) in the form of certifications from your employing broker or former employing broker. These certifications must be made using the Employment Verification form (RE226). Letters of recommendation will not suffice. Further, this experience must have been gained sometime during the five years immediately preceding the date of the application. If it is absolutely impossible to obtain verification of employment from a former employing broker, you must still complete the Employment Verification form (RE226) in full and indicate the reason why you could not obtain the employing broker's signature (e.g., deceased, litigation, etc.) in the space labeled "Signature of Certifying Broker." In addition, you must attach two Employment Certifications (RE 228) from persons who work in a related professional capacity and who are in a position to attest to your experience and activity. It is important that you provide sufficient detail to enable the Department to perform an evaluation.
- Licensed Experience Defined
- Full-time salesperson means at least 40 hours per week devoted to activities which require a real estate license.
- Part-time salesperson means activities as a real estate salesperson will be given credit on a prorated basis. For example, 20 hours of activity per week would be given credit as halftime employment and four years of such employment would be required for a broker license.
- A salesperson claiming full-time employment for 40 hours per week, but who is employed as a full-time employee in another industry, will not, ordinarily, be credited in excess of 20 hours per week maximum (or halftime employment in the real estate business).
- You may qualify with only one year of full-time California real estate salesperson employment (gained within five years prior to the date of application) if, in addition to the one year, you have had at least two years of full-time California licensed employment accumulated more than five years, but less than twelve years prior to the date of application.
- Education in Lieu of Experience
- Four-Year Degree: An applicant with a four-year degree from an accredited college is exempt from the two-year salesperson requirement. This may be verified by submitting either a copy of the diploma or transcript showing the degree earned. Regardless of the degree, the applicant must show evidence of having completed the eight statutorily-required courses at the time of filing the application. The eight required courses may be part of the degree requirements or they may be completed separately from the degree course work. Courses completed or degrees earned through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the DRE.
- Other Educational Substitutes for Experience
- Members of the bar of any state in the United States will generally qualify on the basis of their education and experience, and are statutorily exempt for the college-level course requirements. Evidence of admissions to practice law must be furnished, such as a photocopy of both sides of a current state bar membership card.
- Graduates of law schools recognized by the California State Bar, who are not members of the State Bar, will generally qualify on the basis of education, but are required to successfully complete a college-level course in Real Estate Finance and one in Real Estate Appraisal. Evidence of an LLb. or J.D. degree should accompany the application, along with transcripts showing successful completion of a three semester-unit or four quarter-unit course in Real Estate Finance and in Real Estate Appraisal.
- You may qualify with one year of full time employment as a licensed salesperson in California within the last five years prior to filling the application, plus graduation from an accredited college with an A.A. degree. Regardless of the degree, the applicant must show evidence of having completed eight statutory courses at the time of filing the application. The eight required courses may be part of the degree requirement or they may be completed separately from the degree course work.
- Equivalent activities in lieu of experience
- General Information: A claim of Equivalent experience, in lieu of the two years of sales experience required for the broker examination, may be based on any combination of salesperson experience, equivalent experience, and education, which, considered as a whole would satisfy the intent of the law. Regardless of the experience, the statutory real estate courses are required and cannot be claimed as part of the equivalent experience.
- Acceptable kinds of equivalent experience: An applicant may qualify with two years full-time experience, gained within the five-year period immediately prior to the date of application for the broker examination, in ay of the following areas: (1) experience as an escrow officer or title officer or as a loan officer or loan underwriter in a capacity directly related to the financing or conveying of real property; (2) experience as a subdivider, contractor, or speculative builder, during which time applicant performed comprehensive duties relating to the purchase, finance, development, and sale or lease of real property; (3) experience as a real property appraiser.
Other types of real estate-related experience will be considered, provided that it satisfies the intent of the law. Care in preparing the claim for qualification and presentation of adequate supporting letters certification will facilitate clearing an application. Do not have verifiers send individual letters separate from your application. Be accurate as to dates, etc., as incompleteness or inaccuracies will result in delays and extra correspondence.