Please read the Candidate Information Bulletin carefully for more information about the examination. It is suggested that the applicant study the Real Estate License Manual , and other examination reading materials.
Preparation should also be made covering definitions of real estate terms, listing and purchase offer contracts; deeds, closing or final settlements; legal descriptions; business arithmetic problems; and have a clear understanding of the obligations that exist between the principal and agent. Applicants are permitted to bring and use a calculator or slide rule during the real estate examination. Only silent, hand-held, solar- or battery-operated calculators without printing capabilities or alphabetic keypads may be used.
The use of a calculator that does not meet this description constitutes grounds for immediate dismissal from the examination. Calculator malfunction during the examination does not constitute grounds for challenging examination scores or requesting additional examination time. Examination administrators must be extremely cautious. They must be alert to devices that could compromise the security of the examinations.
Candidates may be required to exchange equipment which, in the opinion of the examination administrator, does not meet security guidelines. Substitute calculators will be provided ONLY when exchanges are requested by the examination administrator. Applicants who wish to use a calculator must bring suitable calculators to the examination. At the time of the examination, applicants may be given an option of having their names released for mailing purposes.
In Nebraska this is public information, and is not optional. All applicants will be issued an official score report immediately following the examination. The applicant will retain said credit through three subsequent administrations of the examination or six months, whichever comes first. Candidates are advised to take care with their original passing score report as they will be required to submit it to the Commission as part of their license application.
Because the staffing needs and site commitment remain the same, the full examination fee will be required whether two parts of the examination are being taken or one. Applicants who pass the examination are required to submit their original score report to the Commission, with the picture intact, in order to obtain a license.
Photocopies will not be accepted. Applicants must complete the licensing process within thirty 30 days of being notified that a passing grade has been received. Applicants will also need to indicate, in writing, whether the license should be issued on active or inactive status, provide the required documentation on how they will be employed or doing business, and pay the appropriate licensing fee.
The licensing fee pays for a license which will be valid for the balance of the calendar year. All licenses must be renewed for every calendar year, whether on active or inactive status. Any qualified carrier as long as the coverage is equivalent to that made available through the Real Estate Commission. An enrollment form and additional information on the Commission's plan, as well as an Errors and Omissions Fact Sheet and Certification of Equivalent Coverage Form , will be sent to applicants when they have been approved to take the examination.
Computerized examinations allow instant score reporting. Applicants who pass the examination will be able to proceed with license issuance in a timely manner. Instruction on how to proceed with this process will be available from the Commission Office and from the Examination Center. Administrative procedures in the Commission Office require that an applicant must complete the licensing process within thirty 30 days of being notified that a passing grade has been received.
Please Note: When you pass the exam, you will be required to send to the Commission the original score report that you receive at the examination site, before we can license you. The licensing fee will entitle the applicant to a license which will be valid for the balance of the calendar year. All new licenses must be renewed at the end of the calendar year the license is issued. This in-depth guide works as a great partner to your pre-license course to prepare you to pass on your first attempt!
All active licensees are required to have current errors and omissions insurance coverage and proof of that coverage on file with the Nebraska Real Estate Commission. In most cases, this process should take between business days. After this, you should receive an email from NREC with a license document.
If you have any questions at this point, you should contact NREC at or realestate. Be sure to take some time to celebrate your accomplishment. Upon passing the examination, salespersons must complete 12 hours of post-license education within days of licensure to avoid being placed on inactive status.
The two steps that take the most time when getting your license are pre-license education and test preparation. The average amount of time that people take from start to finish is generally months.
If you dedicate a full-time schedule to this process and study hard, you could possibly complete this process in 2 months. Take your time to study and prepare yourself for the exam.
To sell commercial real estate in Nebraska, a standard Salesperson or Broker license is all that you need. If you wish to take on a career selling specifically commercial real estate, choose a broker that handles the types of deals that you want to be a part of.
Check out StateRequirement Jobs to find open real estate jobs in your area! Box Lincoln, NE Email: realestate. Information on this page has been gathered by a multitude of sources and was most recently updated in December Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date.
StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state's authority on insurance. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work.
Learn More. Renewal notices are mailed out by the Commission containing a reminder to go online to our website to renew. Failure to receive this notice does not relieve licensees of the obligation to renew their license on time. All licenseesmust complete a total of 18 hours of continuing education every two years, beginning with those who wish to renew their license for and beyond. Of that 18 hours, at lease 12 hours must be in approved continuing education with "6" hours in designated subject matter, "R" courses.
The remaining 6 hours may be in broker-approved training that has been recognized by the Commission or may be in additional approved continuing education activities. There is no prohibition on duplicating training activities approved by your broker.
All active licensees are required to have current errors and omissions insurance coverage and proof of that coverage on file with the Nebraska Real Estate Commission.
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