Nebraska Real Estate License Requirements

Get your Nebraska real estate license with our comprehensive preparation guide. Understand licensing requirements, exam details, and necessary documentation for both salespersons and brokers.

What you need to get your real estate license in Nebraska

Salesperson:

• Be at least 19 years old.
• Complete 60 hours of pre-license education.
• Have a high school diploma or G.E.D.
• Pass the license exam.
• Apply online.
• Be a United States citizen.
• Undergo a criminal background check utilizing fingerprints. After completing and submitting the license application online with the Commission, you will receive fingerprint cards and the recommended procedures to complete the background check.
• Provide a passport-style photo of yourself showing only your head and shoulders, measuring at least 2″ x 2″, and taken within the last year. Snapshots are acceptable as long as they meet these requirements.
• Complete and submit an application form along with the application fee and examination fee.
• Proof of Errors & Omissions (E & O) insurance coverage.

Broker:

• Be at least 19 years old.
• Have two years of full-time experience as a licensed salesperson or the equivalent part-time experience.
• Complete the statutory education requirement, which includes 120 clock hours and Course 0003 (6 hours).
• Have a high school diploma or G.E.D.
• Pass the license exam.
• Apply online.
• Be a United States citizen.
• Undergo a criminal background check utilizing fingerprints. After completing and submitting the license application online with the Commission, you will receive fingerprint cards and the recommended procedures to complete the background check.
• Provide a passport-style photo of yourself showing only your head and shoulders, measuring at least 2″ x 2″, and taken within the last year. Snapshots are acceptable as long as they meet these requirements.
• Complete and submit an application form along with the application fee and examination fee.
• Proof of Errors & Omissions (E & O) insurance coverage.

What is the passing score for the Nebraska real estate license exam?

The salesperson exam comprises 100 questions in the national portion and 50 questions in the state portion, totaling 150 questions. To pass the exam, you need at least 70 correct answers on the national portion and 38 correct answers on the state portion.

The broker exam comprises 50 national multiple-choice questions, 25 state-specific multiple-choice questions, and 10 simulation problems. In the national simulation portion of the exam, you earn points in the Information Gathering (IG) and Decision Making (DM) sections. Your IG total raw score is the sum of points from all IG sections, and your DM total raw score is the sum of points from all DM sections. To pass, your total raw scores must meet or exceed the Minimum Passing Level (MPL) in both IG and DM categories. The passing score for the multiple-choice portion of the examination is 56 correct answers.

What is the time limit for the Nebraska real estate exam?

For the salesperson exam, you have 2.5 hours for the national portion and 1.5 hours for the state portion.

For the broker exam, you have 1.5 hours for the multiple-choice portion and 2.5 hours for the simulation portion.

What to bring for the state of Nebraska real estate license exam?

You must provide two forms of identification. The primary ID must be government-issued and current and include your name, signature, and photograph. Temporary identification will not be accepted. Additionally, you must sign a roster to verify your identity.

Primary forms of identification may include:

• Driver’s license with photograph.
• State identification card with photograph.
• Passport.
• Military identification card with photograph.

The second proof of identification should include your name and your signature to be used to verify your signature. Examples: credit card with signature, social security card with signature, employee/student ID card with signature.

What is the format of the exam?

The exam is taken on a computer.

What is the exam content?

The national portion of the salesperson and broker real estate exams contains the following topics:

• Agency Relationships and Contracts.
• Real Property Ownership/Interest.
• Finance.
• Real Property.
• Marketing Regulations (purchase and rental).
• Property Management.
• Real Estate Calculations.

The state portion of the salesperson and broker real estate exams contains the following topics:

• Authority and Duties of the Real Estate Commission.
• License Law.
• Statutory Requirements Driving the Practices of Licensees.
• Additional Requirements.

The simulation portion of the broker real estate exam contains the following topics:

Primary Issues:

• Agency Relationships and Property Representations.
• Fair Housing and Other Governmental Regulations.
• Handling Money.
• Training and Supervision of Licensees.
  Plus, one primary issue varies by examination form.

Section Topics:

• Agency
• Contracts
• Freehold and Leasehold
• Property Management
• Finance
• Government Regulations and Private Restrictions
• Description and Measurement
• Valuation
• Conveyance
• Calculations
• Ethical Behavior (must be incorporated in at least 4 problems)

Property Types:

• Commercial
• Residential
• Property Management
  Plus, two property types vary by examination form.

Sources

• Nebraska Real Estate Candidate Handbook
• Nebraska Real Estate Commission