Question 1

Do I need a local license to operate a real estate brokerage business in Lexington?

Accepted Answer

Yes. In addition to your Kentucky state license, Lexington may require a local business license and additional permits. Key local requirements include: Lexington business license, Local zoning compliance.

Question 2

How do I get a real estate brokerage license in Lexington, KY?

Accepted Answer

First, obtain your Kentucky Real Estate Broker License from Kentucky Real Estate Commission. Then register with Lexington for any required local business licenses. The state license costs approximately $600 initial, $360 renewal and takes 30-60 days to process.

Question 3

How much does a real estate brokerage license cost in Lexington?

Accepted Answer

The Kentucky state license costs approximately $600 initial, $360 renewal, and renewal occurs every 2-4 years. Lexington may charge additional local business license or permit fees on top of the state fee.

Question 4

Who regulates real estate brokerage businesses in Lexington?

Accepted Answer

Real Estate Brokerage businesses in Lexington are regulated at the state level by Kentucky Real Estate Commission. You must comply with both state and local requirements.