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If you are interested in becoming a real estate agent in Colorado, you will need to go through the Colorado Department of Regulatory Agencies (DORA). This is the government agency that establishes all the rules and regulations regarding real estate for Colorado. Since their #1 priority is to protect the consumer, they hold real estate professionals to the highest standards and makes sure that anybody new to the industry gets adequate training.
To get licensed, you will have to complete 168 hours of qualifying education and pass the Broker exam. No matter which school you go to get the 168 hours, they will all contain the same following topics:
- Law and Practice (48 hours) – This is an introductory course that covers common real estate terminology, concepts, and knowledge as well as national laws that are shared by a majority of states
- Contracts and Regulations (48 hours) – This goes over the types of Colorado Statutory Relationships, Brokerage Relationship Agreements, Sales Contracts, and other considerations in contracting.
- Record Keeping and Trust Accounts (8 hours) – This course shows students how to properly keep records as required by law as well as manage other people’s funds
- Current Legal Issues (8 hours) – This topic deals with current issues going on in the real estate industry and changes periodically as important legal issues and developments arise.
- Closings (24 hours) – This topic is meant to train people with the basic skills needed to properly close a real estate transaction, including all of the responsibilities after closing.
- Practice Applications (32 hours) – This course is meant to give new agents a working knowledge of practical applications so that they have a baseline level of competency prior to entering the real estate industry.
Your success at being licensed will largely depend on which school you choose. That’s why it is important to weigh the pros and cons to find the best one that works with your learning style. Here are the 3 best real estate schools that will help you become a Colorado real estate agent.
Best School for Busy People
Aceable truly has become a leader in real estate education. They don’t do what every other school is doing, they take a fresh approach to learning and aren’t afraid to try new things to help people learn. The result is that you don’t feel like you are taking a mass-produced course, but instead, you are getting a quality education tailored to your personal needs. If you have a hectic schedule or a full-time job, then this will save you a great deal of time.
You will first see this difference when you open up their online textbook, which comes available as a downloadable PDF. Rather than reading like a traditional textbook that puts you to sleep and uses obscure terminology, Aceable has written their courses in a style so that it sounds conversational and easy to understand. This makes learning difficult concepts easier to grasp and helps you learn faster in the end.
One of the biggest time-savers and most powerful resources at Aceable are the recorded audio and video lessons that come included with the Deluxe and Premium packages. These target the most important areas that you will need to know and help establish a solid foundation that will guide the rest of your studies later. You can playback these lessons at any time and as much as you need until you feel confident in the subject matter.
Another significant area that separates Aceable from other schools is their wide range of support options. If you are a Do-It-Yourself type of person, you get access to hundreds of recorded webinars and an online knowledgebase where you can search for the answers yourself. If you want a little more guidance, they have live webinars held 5 times every week, where you watch an instructor cover specific topics. If you feel like you will need the most help you can get, the Premium package includes a 1-on-1 tutoring session for an hour to talk about anything you want.
Best School for Overall Value
Real Estate Express recently rebranded themselves as Colibri Real Estate. They currently have the #1 market share when it comes to the real estate education industry. They have a lot of tools and resources to not only help you get licensed, but also launch your career. In fact, they have so many options available, you may have a hard time deciding what to get.
The way that Colibri Real Estate has setup the actual course follows a pretty traditional format. You can read the course material online from the computer and/or you can read from a physical textbook that they will mail to you for an additional cost. The advantage with this format is you can study at your own pace and whenever you want. You have up to 6 months to complete the program. If you love to read books or have an unpredictable schedule, this will be the best way to go.
Colibri Real Estate also just came out with a new live video course to help you prepare for the real estate exam called the Live Exam Crammer Series. You get to attend 6 sessions that are each 1-hour long that covers the most important topics that you need to know to successfully pass the exam on your first try. In fact, they are so confident that you will pass that they back it up with a money-back guarantee. If you don’t pass, you get your money back.
Colibri Real Estate has built itself to be the “go-to” real estate school to meet all of your needs throughout your entire journey as a real estate agent. While they don’t do anything truly groundbreaking, they do have a solid all-around program with top marks in virtually every category. With their frequent promotions running all the time, they usually have the best deals too.
Perfect for Knowledge Seekers
The CE Shop is a 100% online-only school with products and content covering all 50 states. They are actually based out of Greenwood Village, Colorado, so you know they give their fellow Coloradoans a little extra special attention. However, no matter where you are, they boast an overall student satisfaction rate of 96%.
What really sets them apart from other schools is their rigorous format. They specifically designed their program to teach you to master the material. You won’t be able to take shortcuts or guess your way out of problems. On the one hand, this means that you will know the material like the back of your hand and should be able to pass the exam with flying colors. On the other hand, this also means that it may take you more time to finish studying. This is a great school for people who want to genuinely learn as much about real estate as possible and are not in a hurry to get licensed.
To help you master the material and retain information better, The CE Shop has built out their own proprietary learning platform from the ground up called LEAP. This system incorporates real-life scenarios and a variety of interactive exercises throughout the course to make learning more engaging. They are constantly updating the courses to keep up with industry changes.
Another differentiator that separates The CE Shop from other schools is how they present their courses. Right away, you will notice that their courses look clean and sleek with a modern feel. They extend that intuitive interface to mobile devices as well, so that you can seamlessly continue your studies on-the-go with a tablet or smart phone.
If you have questions or need any assistance, they provide an industry-leading customer service support 7 days a week via phone, email and live chat.
Best School for Video Courses
Kaplan Real Estate is arguably the biggest name in the education industry. This billion-dollar company has over 12,000 employees with programs in over 100 countries. So, they may know a thing or two about how to teach a course. They don’t specialize in real estate per se. They are more of a large education company that offers courses across a broad spectrum of industries. However, having over 80 years of teaching experience, they have been able to successfully replicate their formula into their real estate courses.
While Kaplan Real Estate has live video and online reading courses available, what really sets them apart from other schools is their recorded video courses, which is under OnDemand Online Video Packages. You can watch the videos at any time and have up to 6 months to complete the program. This is a great option for people who want to stay more engaged during the course but don’t have as much free time to meet the rigid schedule of a live class. You get the best of both worlds.
When it comes to selecting a package, Kaplan Real Estate has simplified your choices by including everything you will need for you. Every package, regardless of which course format you choose, includes the same exam prep and live support. For exam prep, they give you access to their Drill and Practice QBank test engine, which has hundreds of multiple-choice questions designed to simulate the actual real estate exam. You can customize the quizzes so that it focuses on specific topics of your choice. This allows you to spend more time focusing on your weak areas and less time on areas where you are already strong.
If you need any help while taking the course, you will get access to their helpful Interactive Study Groups. These are live video webinars where you can join a lively discussion on a range of topics with instructors or your fellow peers. It’s like having a virtual study group where you can ask all your questions.
If you want to hit the ground running once you get your real estate license, Kaplan Real Estate goes the extra mile and offers an optional Career Launcher course that you can add on. This includes an intense 8-hour online course that shows you how to get your real estate business going after you get licensed. You will have access to a professional real estate coach for the first 8 weeks to help you get going.