A broker or associate broker may perform any real estate brokerage act that requires a real estate license in Georgia. Individuals and firms may be licensed as a broker. In order to be active in real estate brokerage, an individual licensed as a broker or associate broker must be affiliated with a company (sole proprietorship, corporation, partnership, or limited liability company) that is also licensed as a broker.
An individual must be at least 21 years of age to be licensed as a broker or associate broker.
Applicant must be a high school or the holder of a certificate of equivalency.
Real Estate Education
Applicant must complete a Commission-approved Broker Prelicense Course of at least 60 hours, including a proctored exam, at an approved school such as Georgia MLS Training Institute.
Applicant must pass the state examination administered by PSI and approved by the Commission. The examination fee is $121. On March 1, 2006, the Georgia Real Estate Commission (GREC) began using simulations as the assessment method on the Georgia Broker's real estate license examination. Students can familiarize themselves with this new format by accessing PSI's sample simulations. The Commission has also produced a A Study Guide for the Georgia Broker Simulation Examination to assist individuals studying to take the Georgia broker examination. Persons applying for an associate broker or broker's license must apply within twelve months of passing the state exam. After twelve months have passed the exam must be re-taken.
Applicant must pay the appropriate licensing fee as described below:
When applying for a broker's license the fee is $170; This amount covers all fees due for the first four years of licensure.
All associate broker and broker applicants must have maintained a salesperson's license in active status for at least three of the five years immediately preceding the filing of an application to become a broker (effective 07/01/07).
All Georgia real estate license applicants must obtain and bring to the testing center (not to the Commission), a copy of the applicant's Georgia Crime Information Center (GCIC) Report also known as a criminal history, prior to receiving a license. Such reports must not be more than sixty days old. The applicant can obtain a GCIC Report from any local sheriff's office or police department. If the report indicates any crime, convictions or sanctions by any licensing or regulatory agency, the Commission will conduct an investigation and decide whether it will issue a license.
Continuing Education Requirement
All active licensees licensed after January 1, 1980, must complete at least 36 Hours of Real Estate Continuing Education for each Four-Year Renewal Period.
For more information about becoming a Real Estate Broker, visit the Georgia Real Estate Commission (GREC) online.