Broker Pre-License Checklist Show
If you meet the requirements below, use this step-by-step guide to obtain a Kansas Real Estate Broker license. Pursuant to K.S.A. 58-3043, the Commission may restrict or deny an applicant’s license. Applications pursuant to K.S.A. 48-3406. Substitute (Sub.) for HB 2066 was enacted by the 2021 Legislature amending K.S.A. 48-3406. Applicants who may qualify include military service members, military spouses, applicants who reside in Kansas, or applicants who intend to reside in Kansas. Applicants must hold a current valid license in another jurisdiction for at least two years immediately preceding application and not have past or pending disqualifying criminal records or disciplinary actions. Please contact KREC to request an application form. More information related to 2021 Sub for HB 2066 can be found here. The Commission will not process an incomplete application. The $175.00 license fee will be refunded if the application is incomplete or denied by the Commission. 1. Be at least 18 years of age. 2. Have a high school diploma or the equivalent. 3. Meet an experience requirement. (See Below) 5. Comply with all application procedures required by KREC. 6. Pass the real estate broker license exam before the course certificate expires. 7. Indicate company information on the license application.
1. The Broker Experience Pages and the Broker Transaction log of the License Application must be completed. In lieu of the transaction log, you may submit a Full Detail MLS report, single line or abbreviated reports will not be accepted.
2. Experience Requirements for Broker's License:
- Licensed three or more years with 30 or more transaction points. - Licensed two or more years with 40 or more transaction points. - Licensed two or more years with 20 to 39 transaction points. A restricted license will be granted. A restricted license would prohibit the supervising of any Kansas licensees. To request the restriction be lifted, a written petition must be submitted with new experience and/or education for consideration.
- 3 points per closed commercial or agricultural land real estate transaction over $1,000,000. - 1 point per closed transaction for all other real estate transaction types. - No points for transactions as a residential property manager. - Applicants can include points if they were the supervising broker and the transaction was completed by an affiliated licensee under their supervision. - No points for transactions as part of a team or group if licensee is not on the purchase contract. - Maximum of 10 points for transactions with personal interest.
Submit the following with the license application, if applicable: 1. Supporting documentation concerning any of the following:
2. If the applicant is reporting disciplinary action, charges, or convictions, the Commission recommends submission of the following:
When must Missouri brokerage relationship disclosures be confirmed in writing?(1) Licensees acting with or without a written agreement for brokerage services pursuant to sections 339.710 to 339.860, RSMo, are required to have such relationships confirmed in writing by each party to the real estate transaction on or before such party's first signature to the real estate contract.
Which of the following is a required element in a Missouri listing agreement?Which of the following elements is required in a Missouri buyer representation agreement? Missouri buyer rep agreements must include a description of the property the buyer seeks, as well as the commission to be paid, definite beginning and ending dates, and the parties' signatures.
Which of the following is true of the temporary broker in Missouri?Which of the following is true of the temporary broker in Missouri? The temporary broker is appointed without needing to pass the licensing exam or pay any fees.
Which of the following items must be disclosed by a transaction broker quizlet?A transaction broker must disclose any adverse material facts which are actually know about the property.
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