It depends. There are two groups in this scenario and it's dependant on how late you are in renewing. If you are under one year late, you simply need to complete your education and pay your license fee along with a small fine. There is not additional requirements in this case. If, however, you are more than one year late in renewing your license, you will have lost your license and will need to complete the required education, retake the state exam to become a broker again, as well as pay the initial licensing fees.