Facts About Real Estate Licenses

There is NO such thing as a 'national real estate license.' Each state adopts and enforces its own laws and regulations regarding the practice of real estate, for the general purpose of protecting the consumer. So you must study for and pass your state?s real estate license specifically.
Most states have more than one type of real estate license, (salesperson and broker), and most states' definitions of what a ?salesperson? can do, and what a ?broker? can do in the industry, vary. A few states, like Colorado for example, have gone to a ?Broker only? licensing.
Research shows that once you have taken your Pre-License course, the best way to help ensure that you'll pass your licensing exam the first time out, is to practice taking similar exams for many days in advance.
Almost every state requires that you complete some form of real estate Pre License course, and demonstrate the successful completion of that course and the minimum number of training hours, before they will allow you to schedule your real estate license exam.

Nevada Real Estate License Requirements

Below is a summary of required courses for obtaining a new Nevada Real Estate License. Pursuant to NAC 645.435, applicants for a real estate salesperson license must complete 90 hours of instruction in real estate principles, practices and law from a Nevada Accredited provider (such as The Real Estate School of Nevada) .The course must include a minimum of 18 hours of Nevada law, consisting of NRS 645, 119, 119A, 119B and their respective administrative codes. Certified transcripts must be submitted with the license application. Copies of certified transcripts are accepted. Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state (if dated within one year of the date of application for a Nevada real estate license) but must show proof of those results.

Course Topic	*Requirements Eff 1/1/01
Real Estate Law (including 18 hours of Nevada real estate law, not waived by experience)	3 Semester Units
Real Estate Principles	3 Semester Units
Real Estate Appraisals	3 Semester Units
Real Estate, Business, or Economics	15 Semester Units
Broker Management Training (not waived by experience)	3 Semester Units
Non-specified units - can be in general studies from an accredited university or college. Non-credit courses are not applicable.	37 Semester Units
UNIT TOTAL	64

BROKER AND BROKER/SALESPERSON LICENSE
Applicants must show proof of completion of *64 semester units, comprised of:

Broker license applicants who hold a valid real estate salesman's license are entitled to receive credit for the equivalent of 16 semester units of college level courses for each two years of active experience as a licensed real estate salesman or broker. The license must be VALID in that state at the time of application in Nevada. This credit may not be applied against the 45 hour Broker Management Training or the 18 hour Nevada law requirement.

Applicants for a Broker's license must have been actively engaged as a full-time licensed real estate broker or salesman for at least two (2) of the four (4) years immediately prior to the issuance of a Nevada Broker license. Applicants may apply for a Broker/Salesperson license without meeting the experience requirement but must meet the testing and education requirement of a Broker.

Applicants must show proof of passing the national and Nevada state exam within one year of the application date. Applicants may use their national examination results from another state but must show proof of those results and meet the one year deadline.

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