Salesperson

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Information on obtaining a Salesperson License:

 

Salesperson License Requirements


  1. You must be at least 18 years of age.
  2. You must have have obtained a high school diploma or equivalency certificate (GED).
  3. You must show proof of successful completion of ninety (90) hours of real estate education in courses approved by the LREC.
  4. You must comply with all application procedures required by the LREC. This includes the submission of a criminal background history.
  5. You must pass the real estate salesperson licensing examination.
  6. You must be sponsored by a licensed real estate broker and provide proof of errors and omissions insurance prior to license issuance.

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Pre-Licensing Education Requirements


Pre-License Education FAQ

The salesperson pre-licensing educational requirement is ninety (90) hours. The number of credit hours accepted for credit toward this ninety (90) hour requirement will be determined by the LREC. The LREC may consider granting partial credit toward the pre-licensing requirement for courses completed more than five years prior to the date of application; however, such credit will be based on the date of completion and the applicability of the subject matter to current educational requirements. Salesperson pre-licensing hours must be in specific real estate courses that include coverage of real estate principles/practices, the Louisiana Real Estate License Law, Commission Rules/Regulations, Law of Agency, and Civil Law pertaining to real estate. Courses may be obtained through the following sources:

 

  1. State certified real estate schools
    Click here to view and download a list of state certified real estate schools.
  2. College and Universities
    Credit for real estate courses completed at a college or university will be granted by the LREC based on the applicability of the subject to the current pre-licensing course requirements. The applicant must submit an original transcript to the LREC with a written request for a review toward the salesperson pre-licensing educational requirements. Please allow at least two weeks for response.
  3. Course work completed in other licensing jurisdictions
    Partial credit may be granted for real estate courses completed in other licensing jurisdictions. No substitution will be allowed for the thirty (30) hour portion of the ninety hour requirement that covers the Louisiana Real Estate License Law, Commission Rules/Regulations, Law of Agency, and Civil Law pertaining to real estate. Approval for credit for course work completed in other jurisdictions must be obtained by the applicant prior to submission of an application for licensing.

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Post-Licensing & Continuing Education Requirements


It is important to note that there is a distinct difference in post-license education and continuing education. Post-license education is a one-time requirement that requires the student to pass an examination on course content, whereas continuing education is an annual requirement that must be completed each year, as a prerequisite for license renewal.

Post-license education hours may be used to satisfy eight (8) of the twelve (12)-hour annual continuing education requirement; however, post-license education hours will not satisfy the four (4)-hour mandatory continuing education topic specified by the commission.

Post Licensing Education

All initial licensees are required to complete forty-five (45) post-license education hours within one hundred eighty (180) days after the initial license date. Post-licensing education courses are available through LREC approved education providers.

Continuing Education

All active real estate licensees must complete twelve (12) hours of approved continuing education course work each year to be eligible to renew their license for the next year. Four (4) of the twelve (12) continuing education hours must be completed in mandatory subjects specified by the LREC. Continuing education courses are available through LREC approved education providers.

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Information for Applicants Previously or Currently Licensed in Other States


License History Verification
Applicants previously or currently licensed outside Louisiana must submit an official license history verification from the state/jurisdiction in which the license was issued. It must include a cover letter that contains the applicant's complete name, mailing address, telephone number, and a detailed license history of the applicant, that includes all pre-licensing real estate education completed, and information on any previous or pending disciplinary action against the applicant.

Education requirement for Broker applicants who are currently licensed or previously licensed in other states
Partial credit may be granted for real estate courses completed in other licensing jurisdictions. No substitution will be allowed for the 30-hour portion of the 150-hour broker pre-licensing requirement, which covers the Louisiana Real Estate License Law, Commission Rules/Regulations, Law of Agency and Civil Law pertaining to real estate. The LREC may accept a substitution for Real Estate 203, a thirty (30) hour Broker Responsibilities course which is a mandatory part of the 150 hour requirement if it is determined that the course completed in another jurisdiction is equivalent to Real Estate 203. Credit for course work completed in other jurisdictions must be obtained by the applicant prior to submission of an application for licensing.

Education requirement for Salesperson applicants who are currently licensed or previously licensed in other states

Partial credit may be granted for real estate courses completed in other licensing jurisdictions. No substitution will be allowed for the 30-hour portion of the 90-hour salesperson pre-licensing requirement, which covers the Louisiana Real Estate License Law, Commission Rules/Regulations, Law of Agency and Civil Law pertaining to real estate. Credit for course work completed in other jurisdictions must be obtained by the applicant prior to submission of an application for licensing.

Examination Requirement
The LREC may accept the examination results from another state/jurisdiction as a substitution for the National portion of the Louisiana examination, if the applicant provides proof of passing an equivalent license examination within five years of the date of application for a license in Louisiana. If a waiver is granted, the applicant will be required to pass only the State portion of the Louisiana salesperson or broker license examination.

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Information for Applicants with Criminal Records


The LREC requires all applicants who have any type of criminal conviction or felony to undergo a limited background investigation and to obtain LREC approval and authorization to take the licensing examination. This requirement also applies to any person who has received a first offender pardon. Licensing applicants with such records must contact the LREC, Investigative Division at (225) 925-1923, Extension 233, or 1-800-821-4529, (in state only) for specific instructions on the application process. criminal background history

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License, Certificate, Registration and Other Related Fees


Excerpt from Revised Statute 37:1443. Fees

 

The Commission may charge:

(1) Initial fees for licensing or certification:

(a) Individual real estate broker's license................................................................. $120.00
(b) Corporate, partnership, or limited liability company real estate broker's license.......... $120.00
(c) Branch office license......................................................................................... $45.00
(d) Real estate salesperson's license......................................................................... $45.00
(e) School certification......................................................................................... $650.00
(f) Instructor certification....................................................................................... $35.00
(g) Instructor certification reexamination.................................................................. $35.00
(h) Continuing education vendor........................................................................... $300.00

(2) Renewal fees for licensing or certification:

(a) Real estate active broker's license. . . . . . . .$70.00
(b) Real estate inactive broker's license. . . . . .. $35.00
(c) Branch office license. . . . . . . . . . . . . . . . . $45.00
(d) Real estate active salesperson's license.. . .. $35.00
(e) Real estate inactive salesperson's license... . $35.00
(f) School certification. . . . . . . . . . . . . . . . . . . . $300.00
(g) Instructor certification. . . . . . . . . . . . . . . . . . $35.00
(h) Continuing education vendor. . . . . . . . . . .. $150.00

(3) Fees for timeshare registration:

(a) Initial public offering statement filing fee. . . . . $500.00
(b) Additional public offering statement filing fee. . $250.00
(c) Initial timeshare developer registration. . . . . . . $120.00
(d) Timeshare developer renewal fee. . . . . . . . . . . . $70.00
(e) Initial timeshare interest salesperson fee. . . . . . $45.00
(f) Timeshare interest salesperson renewal fee. . . . $35.00
(g) Timeshare prize registration. . . . . . . . . . . . . . . $150.00

(4) Delinquent fees, in addition to the renewal fee, if not renewed by December thirty-first of the applicable license, registration, or certification period:

(a) January 1 - February 15. . . . . . $50.00
(b) February 16 - March 31. . . . . . $200.00

(5) Transfer fees:

(a) Active status to inactive status. . . . . . $45.00
(b) Inactive status to active status. . . . . . $45.00
(c) All other transfers. . . . . . . . . . . . . . . . . $35.00

(6) Processing fee. . . . . . . . . $25.00

(7) License verification. . . . . . $25.00

(8) Continuing education course registration. . . . . . $15.00

Acts 1978, No. 514, § 1. Amended by Acts 1981, No. 309, § 1; Acts 1983, No. 552, § 2; Acts 1985, No. 999, § 2; Acts 1989, No. 655, § 1, eff. Jan. 1, 1990; Acts 1995, No. 1207, § 1; Acts 1997, No. 845, § 1; Acts 2007, No. 35, §1.

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Errors & Omissions Insurance Requirements


By law, all licensees holding active real estate licenses must carry Errors and Omissions insurance with a carrier rated "A" or better with A.M. Best. Licensees may choose the LREC's group policy or select an outside carrier. Click Errors and Omissions to view and download specific information on the LREC's Errors and Omissions insurance carrier. Click on the links below to view and download specific information on the LREC's Errors and Omissions insurance carrier.

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