Kentucky Real Estate License Requirements

The Kentucky Real Estate Commission oversees all real estate license matters in the state of Kentucky. The types of real estate licenses the commission currently issues are sales associate and broker licenses.

The requirements to become a real estate agent [sales associate] or broker in Kentucky are as follows:

SALES ASSOCIATE LICENSE REQUIREMENTS:

To be eligible for a Kentucky sales associate license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Applicant must submit fingerprints and undergo a criminal background check. Fingerprint cards are available at local law enforcement offices and must be completed and submitted to the FBI.

No prior real estate experience is required to obtain a Kentucky sales associate license.

Applicant must have a high school diploma or GED and complete six credit hours in real estate courses at an accredited college or complete 96 classroom hours in real estate courses at an approved proprietary school.

Kentucky Real Estate License Requirements

Kentucky Real Estate License Requirements

After completing the prelicense education requirements, applicant must pass the state sales associate exam with a minimum score of 75%. The exam consists of 120 questions with a 240 minute time limit.

A Kentucky sales associate license application must be submitted within 60 days of passing the exam. Applicant must also submit proof of Errors & Omission insurance and proof of sponsorship by a licensed broker in Kentucky.

All sales associate licensees must complete six hours of continuing education each calendar year, which must include at least three hours in an approved legal topic. Once every four years, licensees must take the 6 hour Kentucky Core Course.

Kentucky is a non-reciprocal licensing state.

Fees to obtain a salesperson license include:
Exam Fee: $100
Initial License Application Fee: $60
Sales Associate License Renewal Fee: $60


BROKER LICENSE REQUIREMENTS:

To be eligible for a Kentucky broker license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Applicant must submit fingerprints and undergo a criminal background check. Fingerprint cards are available at local law enforcement offices and must be completed and submitted to the FBI.

At least two years of active real estate experience, working at least 20 hours a week, is required.

Applicant must have a high school diploma or GED and complete 21 credit hours, which includes 12 hours in real estate and three credit hours in Broker Management, from an accredited college or complete 336 classroom hours in real estate, which includes 48 hours in Broker Management, from a proprietary school.
Recommended broker education courses include:
96 classroom hours of Real Estate Principles
48 classroom hours of Brokerage Management
48 classroom hours of Real Estate Law
Nine classroom hours of elective classes

After completing the prelicense education requirements, applicant must pass the state broker exam with a minimum score of 75%. The exam consists of 120 questions with a 240 minute time limit.

A Kentucky broker license application must be submitted within 60 days of passing the exam along with proof that applicant has Errors & Omission insurance.

All licensees must complete six hours of continuing education each calendar year, which must include at least three hours in an approved legal topic. Once every four years, licensees must take the six hour Kentucky Core Course.

Kentucky is a non-reciprocal licensing state.

Fees to obtain a Kentucky broker license include:
Exam Fee: $100
Broker License Fee: $30
Broker License Renewal Fee: $60


References:

Kentucky Real Estate Commission: Real Estate Sales Associate and Broker Examinations Candidate Information Bulletin: March 1 2014: https://candidate.psiexams.com/bulletin/display_bulletin.jsp?ro=yes&actionname=83&bulletinid=481&bulletinurl=.pdf

Kentucky Real Estate Commission: FAQ’s for Applicants: http://krec.ky.gov/licensingdepartment/Pages/faqs.aspx

Kentucky Real Estate Commission: Criminal History Report: http://krec.ky.gov/licensingdepartment/cbc/Pages/default.aspx

Kentucky Real Estate Commission: New Applicants: http://krec.ky.gov/licensingdepartment/newapp/Pages/default.aspx

Kentucky Real Estate Commission: http://krec.ky.gov/Pages/default.aspx

Kentucky Real Estate Commission: Fee Schedule: http://krec.ky.gov/Pages/fees.aspx


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