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Colorado Licensed Employing Broker

Colorado has very high standards for real estate licensees. All Colorado licensed real estate agents are brokers. Dave is licensed by the State of Colorado at the highest level, as an Employing Broker.

Levels of Licensure   Continuing Education   Transactional Law   Oversight

Levels of Licensure

An Associate Broker is usually a new licensee, who must work under the supervision of an employing broker for at least 2 years. Sometimes an Associate Broker is a an agent who has several years experience, but chooses to remain at the associate level. Associate Brokers must work under an Employing Broker. They cannot work alone or supervise other brokers.

An Independent Broker has at least 2 years experience and has taken additional coursework and passed a test. Independent Brokers are qualified to work alone, but not to supervise other brokers.

An Employing Broker has taken advanced training and passed a further test. Employing Brokers are licensed to supervise other brokers. They are responsible for ensuring that Associate Brokers under their supervision learn the proper practice of Colorado real estate. Employing Broker are less responsible for the actions of more experienced broker associates under their supervision, but are still responsible for oversight.

Continuing Education
Education is stressed in Colorado. Colorado licensed real estate brokers are required to take continuing education every year. Dave takes classes every year above and beyond what is required to maintain his license.

Transactional Law
In Colorado, real estate brokers are licensed to practice transactionally limited law. While we are not lawyers and must advise our clients to seek legal advice if they have legal questions, we can handle most of the legal necessities of transactions we are involved with.

Oversight
Because of the increased responsibilities of Colorado licensed brokers, the Colorado Real Estate Commission oversees all of the approximately 44,000 real estate licensees in Colorado (of which only about 25,000 are Realtors) and ensures that they follow their statutory education and fiduciary requirements to the public. Anyone who wishes to may file a complaint against a broker with the Colorado Real Estate Commission. The Commission will then investigate the allegations. If they are found to be true, the Commission may publicly censure or fine the licensee, or suspend or revoke his or her license.

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