Nebraska Real Estate License

Nebraska, with its 1.967 million residents, offers an exceptional quality of life that’s inviting to newcomers and motivating current inhabitants to explore their options within the state. This trend indicates a rising need for real estate agents who can expertly navigate the ever-evolving market.

Think you’re up to the task? To start this journey, you will need an official license— a hurdle that we’re here to help you clear.

In this article, we’ll provide you with the necessary steps to get certified and licensed, potentially launching your successful real estate career.

Let’s dive in:

When Do I need a Real Estate Licensure?

Think of a real estate license as your ticket to working professionally in the property world. If you’re planning to get involved in buying, selling, leasing, or negotiating deals in real estate, you’re going to need a license.

Even tasks like collecting rent or providing price opinions on properties require this. Simply put, if you want to turn your passion for real estate into a career and earn from it in Nebraska, securing a license should be first on your list.

What Are the Basic Requirements to Become a Real Estate Broker in Nebraska?

Settling into a career as a real estate agent, either as a broker or salesperson in Nebraska, is not a one-step journey. Each of these career paths is wrapped in a set of defined qualifications that ensure the credibility of professionals in the industry.

Here are the basic requirements according to the state’s official resource page:

  • Age is the first factor considered, and you need to be 19 or above to qualify. This directive applies to everyone, whether you’re aiming for a broker’s position or a salesperson’s role.
  • Equally as important, you must possess a clean criminal record. Every aspirant in the field, including both prospective salespersons and brokers, has to pass a criminal background check.

Educational Qualifications

Beyond these basics, there are some schooling requirements. Here’s the rundown:

  • For a real estate salesperson license, you need to complete two approved real estate courses (60 class hours in total).
  • To level up to a broker’s license, you need to take two more real estate courses. Plus, you’ll need to have two years of experience as a salesperson or broker.
  • All hopefuls need to have at least a high school diploma, a GED equivalent, or be in a home school program.

After fulfilling these educational requirements and the processing of your application, expect your licensure process to take anywhere from 2 to 4 months.

Key Changes to Nebraska’s Real Estate Broker Licensing Rules

Since July 1, 2020, Nebraska’s broker licensing rules have seen some shake-ups. These changes impact anybody looking to become a broker through the state’s exams.

Here’s what you need to know:

  • Applicants now need two years as a licensed salesperson or broker or relevant industry experience. They’ll need extra class hours or accredited distance learning courses, too.
  • New brokers or salespeople must complete a six-hour professional practice and standards course.
  • After getting their license, brokers have 180 days to finish a 12-hour class on required skills for real estate practice.
  • Designated brokers will need extra post-license education in specific topics.

Do I Need Previous Experience to Become a Real Estate Agent in Nebraska?

While no explicit previous experience in real estate is required to become a salesperson, it’s a different story if you want to be a broker. You’ll need to have served actively for two years as a licensed salesperson or broker.

Alternatively, you can provide satisfactory evidence of equivalent experience in a relevant industry or circumstances of hardship.

Is it worth becoming a real estate agent in Nebraska?

Absolutely! Working as a real estate agent in Nebraska can be rewarding, both personally and financially. The occupation offers a flexible schedule and an average annual wage of $52,030, according to the U.S. Bureau of Labor Statistics. The job outlook is positive, with a predicted 3% growth rate from 2022 to 2032.

Once licensed, your journey doesn’t stop there. Join a brokerage to gain practical knowledge and start fostering relationships with clients. In the real estate world, your network also serves as your ladder to success.