With wide open land for housing and professional development, Kentucky has many opportunities for realtors. Those interested getting a real estate license in the state of Kentucky must follow the following guidelines.
1. Eligibility for Getting the Real Estate License in Kentucky
Age: Must be 18 years of age or older to be licensed.
Academic Requirements: Hold a high school diploma or its equivalent.
Background check: Applicants must have their fingerprints taken at their local police station or sheriff’s department then mail them to the FBI with the $18 fee prior to registering and scheduling their examination.
Pre-licensing educational requirements: Having successfully completed 96-hour approved real estate courses or 6 credit hours in real estate from a college or university for getting a real estate salesperson license in Kentucky. Having successfully completed 336-hour approved real estate courses or 12 credit hours in real estate from a college or university for getting a real estate broker license in Kentucky. In addition, broker applicants must be actively engaged in the real estate business for at least 20 hours per week for two years.
2. Cost of Taking the Real Estate Exam in Kentucky
The Examination fee is $100.
3. Taking the Real Estate Exam in Kentucky
The Kentucky Real Estate Commission employs PSI, Inc. to handle the Kentucky real estate licensing exams. Applicants must register with PSI. Call them at (800) 733-9267 or visit their website, www.candidate.psiexams.com.
Applicants must obtain at least 75% on both portions of a 120-question exam.
4. Obtaining the Real Estate License in Kentucky
Applicants will be given a license application at the testing center upon successful completion of both portions of the exam. Applicants must submit their application and documentation within 60 days of passing the exam. The application fee is $60.