Advice for becoming a broker

[Chelsea Burdge]

I am looking to get my brokers license in Colorado and I am looking for any advice on classes, books, steps after getting the license, etc. I am just getting started with all this so any advice is greatly appreciated!

[Teri Feeney Styers]

@Chelsea Burdge a mortgage broker and real estate broker are two different animals. After you attend the school (I did mine 100% online) and pass the tests, background checks, etc. then you must be an "associate broker" for two years before you are allowed to be an independent broker. This means your license is hung with a "broker". It can be a small one person office or a huge office that offers the classes in person. But I would line this up before enrolling so that I knew I had a place to land after I did the work. You should expect to spend $6000 - $10000 out of pocket for schooling, desk fees, insurance, membership fees etc. each year - then there are car expenses, advertising, etc. You need to take a broker to lunch and learn more.