Licensed Real Estate Broker License in Alabama
Quick Answer
Alabama requires FINRA qualification exams (Series 7 + Series 63/66), a $10,000 net worth or $50,000 surety bond, and registration through the Alabama Securities Commission.
- Exam
- FINRA Series 7 + Series 63
- Total Cost
- $500 (est.)
- Timeline
- 2-4 months
- Background Check
- Required
- Renewal
- Every Annually (December 31)
Requirements
Licensed Real Estate Broker license in Alabama
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $500
Cost Breakdown
Estimated costs for getting your Licensed Real Estate Broker license in Alabama. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Alabama licensing board.
Licensed Real Estate Broker Salary in Alabama
Entry Level
$39,940
Median
$57,300
Experienced
$142,450
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Licensed Real Estate Broker in Alabama.
- 1
Submit Background Check
Specific type of conviction prohibited
- 2
Pass the Required Exam
State exam required — FINRA Series 7 + Series 63
- 3
Submit Your Application
File your application with the licensing agency.
- 4
Receive Your License
Processing typically takes 2-4 months.
Licensed Real Estate Broker Licensing in Alabama: What to Know
Alabama licenses securities broker-dealers through the Alabama Securities Commission. The COS data notes that broker-dealers must maintain a $10,000 net worth or a $50,000 surety bond, along with an audited balance sheet prepared within the last 90 days per GAAP standards. All agents must pass the required FINRA qualification examinations, including the Series 7 and Series 63 or Series 66. Alabama's blue sky laws require registration through the CRD system before any securities transactions may be conducted in the state.
Frequently Asked Questions
- How much does a Licensed Real Estate Broker license cost in Alabama?
- The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Licensed Real Estate Broker license in Alabama?
- The process typically takes 2-4 months, depending on education completion and exam scheduling.
- What exam do I need for a Licensed Real Estate Broker license in Alabama?
- You need to pass the FINRA Series 7 + Series 63. State exam required
Considering another state?
Compare Licensed Real Estate Broker requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.