KREC, an agency of commonwealth of Kentucky, is authorized under chapter 324 of Kentucky Revised statutes to legalize state licensing and education of real estate brokers and sales associates and to uphold and guard the public interest.
KREC- Kentucky real estate commission focuses to heighten real estate industry to the best possible standards, with the help of communication, education and the latest technology.
KREC achieves its aim with accountability, efficiency, and responsibility.
In 1987, Kentucky became the first state in the nation to go-ahead errors and omissions insurance for all licensees except those in escrow. Currently, thirteen other states have followed this example.
Sales Association: Following education requirements are mandatory for all the candidates of Kentucky sales associate real estate license:
- Six (6) semester credit hours in real estate from an accredited college or university.
- Proof of high school graduation or successful completion of the General Education Development (GED) test.
- Instead of proof of high school education, candidates may submit an official transcript that indicates successful completion of twenty-eight (28) academic semester hours or the equivalent from a post-secondary institution.
- This documentation must accompany the application for licensure.
- If the education proof (high school or college) is from a foreign country, candidates should contact the KREC office for information on the required documentation that must be submitted.