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Real Estate Broker Requirements for Utah
Real Estate Broker Requirements for Utahdan2022-08-30T15:16:11-06:00
- Meet the statutory Utah real estate broker licensing requirements and qualifications of honesty, integrity, truthfulness, reputation, and competency. (Utah Code Annotated 61-2-6)
Note: According to Administrative Rules R162-2-2.9 and 2.10, an applicant does NOT qualify for a real estate license if he or she has any felony in the last five years (starting from the time of conviction/plea or completion of any jail/prison sentence) OR if the applicant has any misdemeanor involving fraud, misrepresentation, theft, or dishonesty within the last three years.
- Have at least three years of real estate experience.
- Accumulate a total of at least 60 points within the five years proceeding application.
- Take 120 hours of approved education at a certified Real Estate Pre-License School, consisting of:
- 60 hours Advanced Real Estate Principles
- 60 Hours Advanced Real Estate Practices
- 30 hours Advanced Utah License Law
- Take and pass the Utah real estate licensing broker exam. (About $60 paid to PearsonVUE Test Center. See Scheduling License Exams)
- Submit to the Division:
- Completed and signed application (issued at the testing center).
- Signed original school certificates (issued by the real estate school) or Education Waiver (issued by the Division).
- Signed and Notarized Broker Experience Documentation Form showing at least three years of qualifying experience.
- Completed and signed Broker Transaction Log or Broker Property Management Log showing at least 60 experience points within the five years proceeding application. (Half of those transactions need to be for Utah based properties, and transactions done by teams will have experience divided between team members)
- Signed and notarized Broker Verification Form completed by each Broker with whom the applicant has affiliated during the five years proceeding application.
Note: Forms must be submitted in a sealed envelope with the broker’s signature across the seal. - For Principal and Branch Brokers, a notarized letter on the company’s letterhead, signed by a company Officer, Manager/Member or Owner, authorizing the Broker to use the company name.
- Two fingerprint cards (Blue FD-258) or receipt of digital fingerprints submission.
- $158 total non-refundable fee ($100 application fee, $18 recovery fund fee and $40 fingerprint processing fee).
- Certification of Legal Presence Form completed.
Note: Incomplete applications will be returned to the applicant.
Click here to see these real estate broker requirements on the Utah Division of Real Estate website.
- When submitting evidence of qualifying experience which experience complies with the requirements in Section
R162-2f-401a as part of an application for licensure as a broker, an applicant shall select from the applicant’s total qualifying experience at least 60 documented experience points and no more than 80 documented experience points for review and approval by the division. - When calculating experience points in Table 1, experience points for a transaction subject to an agency agreement
other than an exclusive brokerage agreement as defined in Subsection 61-2f-308(1)(d) are limited to one-quarter of the points described in Table 1. - When calculating experience
points from Tables 1 and 2, experience points are limited to points for those activities
which require a real estate license and comply with R162-2f-401a. A minimum of one-half of the points in Tables 1 and 2 must derive from transactions of properties located in Utah.
Experience Tables:
| RESIDENTIAL – points can be accumulated from either the selling or the listing side of a real estate closing: | |
| One unit dwelling | 2.5 points |
| Two- to four-unit dwellings | 5 points |
| Apartments, 5 units or over | 10 points |
| Improved lot | 2 points |
| Vacant land/subdivision | 10 points |
| COMMERCIAL | |
| Hotel or motel | 10 points |
| Industrial or warehouse | 10 points |
| Office building | 10 points |
| Retail building | 10 points |
| RESIDENTIAL | |
| Each property management agreement | 1 point per unit up to 5 points |
| Each unit leased | 1.25 points per unit |
| *All other property management | 0.25 pt/month |
| COMMERCIAL – hotel/motel, industrial/warehouse, office, or retail building | |
| Each property management agreement | 1 point per unit up to 5 points |
| Each unit leased | 1.25 points per unit |
| *All other property management | 1 pt/month |
| *When calculating experience points from Table 2, the total combined monthly experience credit claimed for “All other property management” combined, both residential and commercial, may not exceed 25 points in any application to practice as a real estate broker. |
| Real Estate Attorney | 1 pt/month |
| CPA-Certified Public Accountant | 1 pt/month |
| Mortgage Loan Officer | 1 pt/month |
| Licensed Escrow Officer | 1 pt/month |
| Licensed Title Agent | 1 pt/month |
| Designated Appraiser | 1 pt/month |
| Licensed General Contractor | 1 pt/month |
| Bank Officer in Real Estate Loans | 1 pt/month |
| Certified Real Estate Prelicensing Instructor | 0.5 pt/month |
What are the requirements in order to obtain a real estate Licence act?
To become a real estate agent in the ACT, you need to complete the Registration Certificate as the entry level short course..
is an adult (an individual who is at least 18 years old);.
has the required qualifications; and,.
is not disqualified..
What must an applicant for a real estate license do if they have been convicted of a crime?
What must an applicant for a real estate license do if they have been convicted of a crime? The applicant must disclose all convictions on the application.
What disqualifies you from being a real estate agent Utah?
No record of a felony within the last five (5) years. No misdemeanors involving fraud, misrepresentation, theft, or dishonesty within the last three (3) years. Must meet the statutory licensing qualifications of honesty, integrity, truthfulness, reputation, and competency.
How do you become a member of the Utah real estate commission?
Agents must go through the Utah Division of Real Estate to activate their licenses and place them with a Realtor®-member broker before joining the Salt Lake Board of Realtors®. Once your license is active with a Realtor®-member broker, you have 30 days to join the Board. We look forward to working with you!