Nebraska Real Estate Pre-license Requirements

This may go without saying, but the Nebraska Real Estate Commission has set forth some rules and regulations that everyone must meet before becoming eligible to get their real estate license and begin your real estate career.  Here are those requirements:

• Applicants must be 19 years of age or older at the time of application.
• You must submit an application to the state along with your required fees.
• Applicants are required to have either a high school diploma or a GED.
• Applicants must successfully complete 60 clock hours (2 courses) of real estate education in a state approved real estate school.
• Applicants must complete the Nebraska real estate exam with a score of 75 percent or better.

Nebraska Real Estate Continuing Education Requirements

Once you have received your license, you will need to complete the states continuing education requirements to keep your license in an active status.  Currently, the state of Nebraska requires you to:

• Complete 12 clock hours of continuing education every two years.
• Of those 12 hours, at least three hours must be taken  in a designated subject matter.

Nebraska Real Estate License Reciprocity Agreements

Anyone currently holding an active real estate license, in another state may be eligible for a reciprocal real estate license in Nebraska while remaining a nonresident of Nebraska or upon moving to Nebraska directly from the jurisdiction in which the real estate license was held, without examination or submitting of statutory education.

Furthermore, all non-resident licensees are required to conduct business under the same name and under the same arrangements they use in their current state.  All non-resident real estate agents must be employed and supervised by a Nebraska-licensed non-resident broker they are licensed under in their state.

Follow up

Should you have any questions or comments on the above information, we encourage you to send us an email or contact your local real estate commission, here is a link to their website.  Thank you for visiting us.

Minnesota Pre-License Requirements:

• Applicants will be required to pay a $140 salesperson application fee at the time of writing.
• All real estate salesperson’s must be sponsored by a licensed Minnesota Broker and the agents license will be held by the Minnesota Broker while working under sponsorship.
• Applicants must complete a ninety hour pre-license course approved by the state.
• Applicants must pass the Minnesota real estate exam, with a score of seventy-five percent or better.

Minnesota Continuing Education Requirements:

• All state licensees will be required to complete thirty hours of continuing education courses through a state approved educator, every two years.
• Applicants must obtain at least fifteen of the thirty credit hours mentioned above during the first twelve months of their licensing period.
• Applicants must obtain a minimum of one hour of training during each license period in law or regulations on agency representation and disclosure.
• Applicants must obtain at least one hour of training during each license period in state and federal fair housing laws, regulations, and rules, other anti-discrimination laws, or courses designed to help licensees to meet the housing needs of immigrant and other under served groups.

Minnesota License Reciprocity Agreements:

The Minnesota Real Estate Board currently has reciprocity agreements with:

• Colorado
• Iowa
• Nebraska
• North Dakota
• Oklahoma
• South Dakota
• Wisconsin

To obtain a reciprocal real estate license in Minnesota you will need to fax a letter of Certification, a maximum of 90 days old, documenting that you do in fact currently have an active real estate salesperson license in one of the above mentioned states.

If you have a real estate license in a non-reciprocal state, you will be required to fax copies of your course completion certificates for the three pre-licensing courses. All applicable applicants will need to have passed the first course prior to taking the state issued real estate exam. The other two courses may be completed after your examination. Visit the state website for more details.

You may contact us or the State of Minnesota if you have any further questions. You can find a link to the Minnesota Real Estate website in our real estate commission section.

First of all, this process has a name and that is reciprocal licensing. Basically, the majority of states have a reciprocity agreement with other states that allows you to get a real estate license without having to again go through the schooling often required to get your license. Typical requirements would include:

1. Must have a valid real estate license in a reciprocal state.

2. Must complete and submit a reciprocal license application.

3. Must pay any fees for licensing as required by the issuing state.

Now these do vary from state to state, some states will require you to get credit hours even though you already have them in your home state, but most do not require this.

Why would you want a reciprocal real estate license?

The most common reason for seeing real estate agents with more than one license is when they are located within a short drive from another state. For instance, in Vancouver, WA. agents are just across the river from Portland, OR., about a half hour drive, which makes sense that they would expand their market into Oregon since a lot of clients will be moving back and forth between these two states. Agents would now be able to accommodate these clients in finding a home rather than referring them to an Oregon Realtor.

Another common reason for having a license in two or more states is for people that homes in two different states. Lets say that you spend half of the year in your home state and the other half at your vacation home. By having a real estate license in both states you would be able to conduct business regardless of which house you are staying at, which would be very convenient.

How do you find your states reciprocity agreements?

If you have not yet noticed, this site has a list of states on the right sidebar of every page, click on your state for the licensing requirements along with reciprocal licensing information. You can also visit your local Real Estate Commerce website for information and applications to get you started.