Requirements for Licensure and Education Committee

Question 1

What are the common requirements that both broker and sales applicants must meet?

Answer 1

> Must be at least 18
Satisfy the commission as to the applicant’s honesty, trustworthiness, and integrity
Demonstrate competence based on an examination
Complete the required courses of study, including any required core real estate courses prescribed under this chapter
Provide fingerprints to the Department of Public Safety within 6 months
Complete a criminal history background check
Pay appropriate fees

Question 2

What is the Education Standards Advisory Committee?

Answer 2

It sets rules for how much and what kind of education licensees may take to renew their licenses. May prescribe the title, content, and duration of continuing education courses to renew license. Can also approve relevant educational experience and correspondence courses as a substitute for the required classroom attendance

Question 3

How many members does the Education Standards Advisory Committee? When does their term expire?

Answer 3

12 members appointed by the commission. They have 2 year terms.

1. On Dec 31 of each even numbered year, the terms of four license holder members and 2 education members expire
2. On Dec 31 of each odd numbered year, the terms of 3 license holder members and 2 education members expire, and 1 public member