In order to work as a real estate broker in the state of Kentucky, it is imperative to obtain a sales associate or broker licence from the Kentucky Real Estate Commission. To this end, an individual must fulfil certain requirements to appear for the real estate licensing examination.
Read the following points to learn about howtogetrealestatelicense in Kentucky.
- Eligibilitycriteria
There are multiple requirementstogetrealestate licence in Kentucky. The applicants for the real estate licensing examination are required to comply with the following requirements.
- Must be 18 years and above
- Should hold a high school diploma or should be GED
- complete a 96-hours real estate pre-licensing course from a KREC-approved school or 6 credit hours in real estate courses from an accredited college
- Pass the course’s final examination
- Complete the FBI criminal background check. To this end, the applicant needs to submit his/her fingerprints
- Onlinepre–licensingcourses
Reputed institutes are offering a pre-licensing course through the online medium. The 96-hour online program is divided into two parts. The first part encompasses the general principles of real estate, while the second part is concerned with interpreting the real estate laws in Kentucky. The online program lasts for 1 year. An extension of 6 months may be allowed.
The first part of the online course lasts for 60 credit hours. The second part of the course is 36 credit hours. In the second part of the course, the students are also required to complete a case study. Both the parts of the course can be easily studied through smartphones.
- Coursefinalexamination
Institutes offering online courses include online proctoring services in their programs. After completing the 96-hours course, the final examination needs to be passed to become eligible for the main licensing examination. As per the rules, the final examination must be taken in the presence of a proctor.
The number of attempts allowed to clear the final examination is 3. A minimum of 75% marks is required to pass the final examination. The institute issues a completion certificate on passing the final examination. Instructions regarding completing the criminal background check and scheduling the licensing examination are also provided to the successful students.
- Obtainingrealestatelicense
In order to getarealestatelicense in Kentucky, it is necessary to pass the Kentucky real estate licensing examination, which PSI organises. The examination comprises 130 questions divided into two parts. The first part has 80 questions dealing with the general concepts of real estate nationally. The second part has 50 questions concerned with Kentucky.
After passing the real estate licensing examination, the next step is applying for a real estate licence with the Kentucky Department of Professional Licensing online. The time limit to apply is 60 days from the date of passing the real estate licensing examination.
Accredited institutes offering approved online real estate pre-licensing courses in Kentucky have made life easier for anyone wanting a real estate licence. There is no need to go anywhere as the course is available right on the students’ mobile devices.
Find more information relating to how to get real estate license, and requirements to get real estate here.
