How to Become a Real Estate Broker in Georgia
As a licensed real estate agent in Georgia, you might have considered becoming a broker. The process to obtain your broker’s license in Georgia is simple and clear.
In this guide, we’ll cover everything from eligibility and exam preparation to frequently asked questions, along with a breakdown of the timeline and costs.
Let’s get started!
Steps to Become a Real Estate Broker in Georgia
Below is a breakdown of the crucial steps you’ll need to take to become a broker:
- Meet Georgia’s eligibility requirements.
- Complete an accredited broker’s pre-license program.
- Pass the Georgia real estate broker exam.
- Apply for your broker license with the Georgia Real Estate Commission (GREC).
- Join a real estate brokerage or open your own firm.
Each of these processes is detailed in depth below to ensure your success.
1. Meet Georgia’s Eligibility Requirements
To qualify for a broker’s license in Georgia, you must be at least 21, have a high school diploma or GED, and have an active real estate license in good standing.
Additionally, you’ll need a minimum of three years of experience working as a licensed agent to prepare you for your role as a broker.
2. Complete an Accredited Broker’s Pre-License Program
Once you meet the eligibility criteria, enroll in a state-approved broker’s pre-license program, which requires 60 hours of coursework.
- This program covers key topics, including:
- Real estate law and regulations
- Real estate finance and investment
- Ethics and professional standards
- Property management fundamentals
- Brokerage operations and management
- Practical application in brokerage
- Trust accounts and record keeping
After completing the course, you must pass a final exam to receive a certificate of completion, which is required to sit for the Georgia broker’s licensing exam.
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3. Apply and Pass the Georgia Real Estate Broker Exam
After completing the required 60 hours of coursework, the next step is to apply for the Georgia real estate broker’s exam.
To do this, you must submit an application to the Georgia Real Estate Commission (GREC) along with these key documents:
- Proof of Completion: Your certificate from the broker’s pre-license program.
- Work Experience Verification: documentation showing at least three years of active experience as a licensed real estate agent.
- Background Check: Some applicants may need to undergo a background check or fingerprinting as required by GREC.
- Application Fee: A fee must be paid to GREC to process your application.
After your application is approved, you’ll receive instructions on how to schedule your exam. Administered by PSI, Georgia’s broker exam features scenario-based questions to evaluate your readiness for typical brokerage challenges.
We provide a Georgia real estate crash course and exam prep package to make studying and passing easy. This program provides 8+ hours of video content that explains concepts, vocabulary, historical events, and laws on the exam.
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4. Apply for Your Broker License with GREC
After passing the exam, you can apply for your broker’s license with the Georgia Real Estate Commission (GREC). To complete your application, you’ll need to submit the following documents:
- Application Form
- Proof of Exam Completion
- Certificate of Pre-License Education
- Work Experience Verification
- Background Check
- Application Fees
After submission, GREC will review your application, typically within a few weeks. Once approved, you’ll receive your broker’s license and can officially start practicing as a broker in Georgia
5. Join a Real Estate Brokerage or Open Your Own Firm
With your broker's license, the choice is yours: join a reputable brokerage or launch your own firm.
This new level of responsibility gives you more freedom to shape your career, whether you choose to manage agents or run an independent business. Many brokers opt to open their own firms for greater autonomy.
FAQs about Becoming a Real Estate Broker in Georgia
In this section, we answer frequently asked questions to ensure you’re prepared for every step of the Georgia broker licensing journey.
Should You Become a Real Estate Broker in Georgia?
Becoming a broker offers perks like setting up your own business, increasing your income through higher commissions, and overseeing transactions as the lead authority. If you’re driven by growth and looking for a fulfilling new chapter in real estate, a broker’s license is a valuable step forward.
How Fast Can You Get a Broker’s License?
Most candidates complete the path to a Georgia broker’s license in around six months, including education, experience, and the exam. However, your timeline may differ based on your schedule and study commitment.
How Much Do Real Estate Brokers Make?
Thanks to their leadership roles in transaction oversight and agent management, Georgia real estate brokers tend to earn more than agents.
However, earnings can vary significantly based on experience, skills, and client base, with top brokers earning well over six figures. For instance, Indeed.com reports that as of November 1, 2024, the average real estate broker salary in Georgia is $105,923, with a range between $62,580 and $179,284.
These figures highlight the potential for substantial income growth as you advance in your brokerage career.
How Much Does a Real Estate Broker’s License Cost?
The cost of becoming a broker in Georgia involves a few key expenses:
- Broker pre-license course: $300–$500
- Exam fee: $125
- License application fee: $170
- Background check: $50–$75
In total, you can expect to invest around $600–$800 to become a licensed broker in Georgia.
What’s the Difference Between Real Estate Brokers and Agents?
Becoming a broker elevates a real estate professional's role from working on individual transactions to managing an entire brokerage. Unlike agents, brokers are qualified to oversee transactions, supervise agents, and handle the legal and financial intricacies of running a firm.
This heightened responsibility opens doors to increased income, the freedom to set their own course, and the ability to shape the direction of their team.
Does Georgia Have a Broker’s License Reciprocity Agreement?
Yes, Georgia has reciprocity agreements with several states, making it easier for out-of-state brokers to get licensed. Georgia offers reciprocity with:
- Florida
- Alabama
- Mississippi
- North Carolina
Brokers from these states can transfer their licenses to Georgia with minimal additional requirements, making it convenient for those relocating to Georgia.
Final Thoughts on Becoming a Real Estate Broker in Georgia
Becoming a real estate broker in Georgia offers a path to greater independence, higher income, and new career opportunities.
With dedication and the right support, you can earn your broker’s license and elevate your real estate career. Ready to start?
If you’re ready to get started, enroll in our partnered Georgia real estate licensing course today and get a discount.
TL;DR: To become a real estate broker in Georgia, meet eligibility requirements, complete a 60-hour broker pre-license course, pass the Georgia broker exam, apply for your license with GREC, and choose to join a brokerage or start your own firm. This license opens opportunities for leadership and higher earning potential.