Industry News

Colorado real estate agents face licensing delays

Thousands neglected to submit mandatory fingerprints to officials

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Thousands of Colorado real estate brokers are unable to conduct business after missing a Dec. 31 deadline to submit fingerprints to state and federal law enforcement officials, the Denver Business Journal reported Dec. 30. A state law that went into effect July 1 mandated that all real estate brokers must submit fingerprints and fees to cover the cost of background checks, the Journal reported. One-third of the state's approximately 46,000 agents were notified they had to do so by year-end -- but only about 8,000 had submitted ink-rolled or digital fingerprints plus accompanying fees by the deadline to the Colorado Bureau of Investigation, Debbie Campagnola, director of the Colorado Real Estate Commission, told the Journal. The licenses of the remaining 4,000 to 8,000 real estate agents who had planned to renew their active broker status but missed the year-end deadline automatically will be placed on inactive status, Campagnola told the Journal. Those agents still would be able to w...