The basic requirements for a real estate license in Kentucky include a high school education, several hours of coursework in real estate, passing an exam and undergoing a criminal background check. The state offers two types of real estate license: a sales associate license is an entry-level credential allowing individuals to conduct real estate transactions under the supervision of a licensed broker. A broker's license allows individuals to own an operate an independent real estate sales company and hire and supervise associates.
Sales Associate License Requirements
To earn a Kentucky real estate sales associate license, you must be at least 18 years old and possess a high school diploma or GED. You must also complete an FBI criminal background check. Beyond high school education, you must also complete either 6 hours of real estate coursework from an accredited college or 96 hours of coursework from a proprietary real estate school. Finally, after completing their required courses, prospective associates must pass the Kentucky Sales Associate Exam.
Applicants for a broker's license must meet all the requirements for a sales associate's license plus a few additional items. First, you must have at least two years' experience working as a real estate sales associate for at least 20 hours per week. Second, you must complete coursework in real estate. If you take classes at a proprietary real estate school, you must complete at least 336 hours of class time. If you study at an accredited college, you only need to complete 21 credit hours, including nine in real estate and three in brokerage management.