Real Estate Agent in Colorado

Requirements, salary data, licensing costs, and career ROI for CO. Updated with 2024 BLS OEWS wage data.

Median annual salary
$61,690
trending_up +9.5% vs. national

BLS OEWS 2024, Colorado.

monitoring Stable
+3.1%

10-yr job growth

payments
$534

Licensing fees

schedule
4-6 months

Time to complete

route How to become a real estate agent in Colorado

To become a Real Estate Agent in Colorado, individuals must obtain a Broker license from the Colorado Division of Real Estate. This involves completing a 168-hour pre-licensing course, passing both the national and state portions of the Colorado Real Estate Broker Exam administered by PSI, and submitting a license application with a background check and proof of Errors and Omissions insurance. Colorado offers full reciprocity with all U.S. states and territories, though applicants with out-of-state licenses still need to pass the state-specific exam portion and undergo a background check.

bar_chart Salary percentiles

10th percentile (entry) $32,880
25th percentile $36,870
50th (median) $61,690
75th percentile $90,400
90th (experienced) $139,990

Source: BLS OEWS 2024 for Colorado. Metro-area wages may differ significantly from the state aggregate.

checklist Colorado requirements

Licensing bodyColorado Division of Real Estate
State license Required
Education168-hour pre-licensing course
ExamColorado Real Estate Broker Exam (PSI) ($49)
Application fee$485
RenewalEvery 3.0 years
Continuing education24.0 hours per cycle
NotesApplicants must be at least 18 years old and get fingerprinted for a background check. Colorado has a single 'Broker' license with different levels of authority; the entry-level is an Associate Broker. Errors and Omissions (E&O) insurance is required.

Source: Colorado Division of Real Estate

workspace_premium Colorado license tiers

Colorado offers multiple tiers of real estate agent licensing:

Tier Hours required
Associate Broker N/A
Independent Broker N/A
Employing Broker N/A

work_outline Job outlook

10-year growth
+3.1%
Average
Annual openings
36,600
Nationwide per year
Total employment
420,900
Nationwide
neurology

AI & tech impact

error High exposure 0.86/1.00

Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.

hub

balance Is it worth it?

  • check_circleColorado license required — clearer credential signal to employers
  • warningElevated AI disruption risk
psychology
Wondering if a real estate agent career is the right fit?
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Frequently asked questions

What are the steps to becoming a real estate agent in Colorado? expand_more
Colorado requires real estate agents to complete the required education (168-hour pre-licensing course), pass the Colorado Real Estate Broker Exam (PSI), and submit your application ($485 fee).
Does Colorado require real estate agent licensure? expand_more
You cannot practice as a real estate agent in Colorado without a state license from Colorado Division of Real Estate. The required exam is the Colorado Real Estate Broker Exam (PSI).
What is the average real estate agent salary in Colorado? expand_more
The median real estate agent salary in Colorado is $61,690 per year. That's 10% above the national median of $56,320. New real estate agents start around $32,880; seasoned professionals can reach $139,990.
What are the fees to become a real estate agent in Colorado? expand_more
Between exam fee ($49) and application fee ($485), expect to invest around varies in total to get started.
How many months or years does real estate agent certification take in Colorado? expand_more
The typical timeline in Colorado is 4-6 months. This includes completing education, gaining any required experience, and passing the licensing exam.
What's required to renew a real estate agent license in Colorado? expand_more
Colorado requires 24.0 hours of continuing education every 3.0 years to maintain your real estate agent license.

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