Nevada Real Estate Division

Name

Nevada Real Estate Division

Legal name

Nevada Real Estate Division

Website

https://red.state.nv.us

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Government Real Estate Regulation

NAICS

Real Estate Property Managers (53131)

SIC

Real Estate (6500)

akta.pro primary industry

Association Compliance, Governance & Board Support Services (BPAJAHAN)

akta.pro secondary industries

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Real estate licensing
• Professional license regulation
• Common-interest community oversight
• Appraiser certification
• Real estate compliance services

Headquarters

HQ city

Nevada

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Licensing and Regulatory Fees: The division generates revenue through various licensing fees including initial licensing, renewals, and examination registration fees. Additional revenue streams include public records request fees and credit card convenience fees (2% per transaction).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

The Nevada Real Estate Division is the Nevada state government agency responsible for licensing and regulating real estate brokers, salespersons, appraisers, community managers, building inspectors, energy auditors, and timeshare operators, as well as overseeing common-interest communities (HOAs and condominium hotels). It delivers its mandate through a centralized online services portal (red.nv.gov) providing license lookup, online renewals, exam registration and scheduling, My Account management, complaint filing, and public records requests, supplemented by physical testing centers and Alternative Dispute Resolution services for common-interest community disputes.

Product overview

Nevada Real Estate Division operates as a unified regulatory platform providing digital government services to the real estate industry and consumers in Nevada. The core Online Services Portal serves as the primary digital interface offering License Lookup, Online Renewals, Testing registration, and My Account management. The platform is organized into distinct regulatory sections (Real Estate, Appraisal, Asset Management, CIC/HOAs, Inspectors/Energy Auditors, Projects, and Timeshare) each handling specific licensing and compliance functions. Supporting services include Publications (manuals, guides, newsletters), Forms, Compliance Services (complaint filing, public records), Education Services (provider approval, course calendars), and Alternative Dispute Resolution. The portfolio functions as an integrated regulatory ecosystem rather than discrete commercial products, with all services unified under the State of Nevada government infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Services Portal

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Direct peers

• Colorado Division of Real Estate: Colorado's state regulator for real estate brokers, appraisers, mortgage brokers, and homeowner association management. Highly comparable scope including HOA oversight, parallelism with NRED's CIC mandate.
• Arizona Department of Real Estate: Neighboring state agency licensing real estate brokers, salespersons, and appraisal-related entities. Direct regulatory peer given geographic proximity and similar licensee population in a comparable housing market.
• Oregon Real Estate Agency: Oregon's standalone state real estate regulator handling licensing, education, and compliance. Closely analogous organizational structure to NRED as a dedicated real estate agency.

Regional players

• Hawaii Real Estate Commission: Hawaii's state commission for real estate licensing, condominiums, and timeshares. Notably comparable to NRED given the timeshare regulatory and condominium/HOA oversight components.

Broad incumbents

• Texas Real Estate Commission (TREC): Texas state agency that licenses and regulates real estate brokers, sales agents, inspectors, and real estate schools. Closely analogous mandate to NRED, including education provider approval and consumer complaint handling.
• California Department of Real Estate (DRE): California's state regulator for real estate licensing, appraisal, and subdivisions. Directly comparable to NRED as a sister state agency with the same licensing, renewal, and disciplinary mandate, only at much larger scale.
• Florida Department of Business and Professional Regulation (DBPR) - Real Estate: Florida's state-level regulator for real estate licensure, including schools, instructors, and broker licensing. Sister-state regulator with comparable scope and online portal model similar to NRED.
• Illinois Department of Financial and Professional Regulation (Real Estate): State regulator for real estate licensing in Illinois, nested within a broader professional licensing department. Similar mandate to NRED's licensing and renewal functions.
• New York Department of State - Division of Licensing Services: Administers real estate broker and salesperson licensing in New York. Comparable in basic scope; differences include organization under a broader Department of State rather than a standalone real estate division.

Emerging players

• California Bureau of Real Estate Appraisers: California's standalone appraiser licensing body carved out from the broader DRE. Comparable to NRED's Appraisal section as a dedicated appraiser regulator.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/nevada-real-estate-division

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nevada Real Estate Division