Generally a real estate broker applicant needed to acquire experience by working as a salesperson under a licensed broker for at least two years prior to applying for a broker’s license. There was however, a college degree exception to this work experience requirement. The existing law requirement for the college degree exception has been loosely interpreted to include any degree. Assembly Bill 1718, a bill sponsored by the California Association Of Realtors® now requires that the college degree exception apply only to degrees of a major or minor in real estate.