This course is required by the Colorado Real Estate Commission in order to upgrade from Associate or Independent Broker to the Managing/Employing Broker level. This course may also be used to meet the 12 hours of elective continuing education required each license cycle. This course may also be used for out of state brokers wishing to activate a Colorado license at the Employing/Managing Broker level of authority. Verify your requirements here at Which Colorado Program Do I Need?.
Note: This course is NOT acceptable to activate an inactive or expired license. See Colorado Real Estate License Renewal for information on the appropriate course or program required for activation.
To provide a course of study for the practical application of laws, rules and sound business practices for the management, operation and supervision of a real estate brokerage company. Upon completion participants will have obtained an understanding and working knowledge of the necessary components of an office policy, independent contractor agreements, supervision of employed broker associates and an ability to understand and apply the requirements of record keeping and trust accounts. Participants will have obtained a basic knowledge of real estate brokerage business planning and will be able to explain the functions and role of the Real Estate Commission and the Division of Real Estate.
Students will experience several quizzes and examinations throughout the material together with a policy workshop. An office policy workshop allows the student the opportunity to start their policy per statute and assists in the development process thereof. Passage of the final exam is required.
The course outline used is provided by the Division of Real Estate and meets the requirements set forth.
This is a comprehensive Brokerage course. At the conclusion of this course, students will;
Unit I: Introduction to Planning a Brokerage Business
Unit II: Trust Accounts and Record Keeping
Unit III: Office Policies and Procedures
Unit IV: Office Policy Workshop
Unit V: Real Estate Commission and the Division of Real Estate
Unit VI: Other Current Issues
This course is self-paced, online, and contains numerous exercises, quizzes, and examinations. It is completed with a multiple choice final exam and a review of specific sections of your submitted office policy assignment.