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Updated about 7 years ago on . Most recent reply

User Stats

24
Posts
6
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James Beam
  • Investor
  • Louisville, KY
6
Votes |
24
Posts

Obtaining Real estate license

James Beam
  • Investor
  • Louisville, KY
Posted

Hello everyone,

I am interested in getting my license in KY. Can anyone recommend me to the best places to take the Pre-license classes? After getting a license, what enables me to access the MLS and get the hot sheets etc? Is that membership dues in GLAR or is it through the broker that I go with?

Thanks

Jay   

Most Popular Reply

User Stats

52
Posts
19
Votes
Jared Yates
  • Real Estate Agent
  • Louisville, KY
19
Votes |
52
Posts
Jared Yates
  • Real Estate Agent
  • Louisville, KY
Replied

Hey James, 

I'm a real estate agent here in Louisville and was license earlier this year. I went through an online program based out of Florida, Cooke Real Estate School, because they were cheap and I could blow through the material at my own pace. They gave me the information I needed and helped me meet the requirements to take the state exam. When it came time to study for the test, I ordered a book off Amazon that is published by the company that proctors the KY state exam. Basically, the book walks you through passing the test and guarantees that you'll pass your first try if you do as they say. And that's how I got my license. 

That being said, to access MLS in Louisville Ky, you'll have to jump through some hoops. First, once licensed you have 60 days to affiliate with a broker (If you don't know who you want to affiliate with, immediately place your license in escrow. This stops the continuing education clock from starting to tick). If that broker is a member of GLAR, you'll also have to join GLAR. And that's how you'll get your access to the MLS and everything. If the broker is not a member, you won't have to join either. I don't know any brokers that aren't a member of GLAR, so I don't have anyone to recommend.

I'd like to make sure that you know that as a real estate agent, you'll be required to hold E&O (erros and omissions) insurance as well as pay fees to your broker (there are low to no cost brokerages available, but again, beyond my knowledge base), the state board, and probably GLAR. You also have to complete 48 hours of formal training to maintain your license within the first two years. KY also has a yearly license cycle, so you'll have to pay to keep your license every year.

I hope this answers your question! 

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