AMERICA'S REAL ESTATE ACADEMY, INC.
VIRGINIA REAL ESTATE SALES, APPRAISAL, AND HOME INSPECTION COURSES
"WHEN YOU'RE SERIOUS ABOUT REAL ESTATE EDUCATION"
   
 

Real Estate Frequently Asked Questions

 

Featured Links

 
Please click a question below to find out the answer:
Questions
1) What are the requirements to become a Virginia Salesperson?
2) What does a Real Estate Salesperson do?
3) How long is the real estate salespersons course?
4) Is there a test?
5) How does a real estate license become active?
6) What is required to maintain a license?
7) What is the fee to apply for a license?
8) What is the difference between a licensed Real Estate Broker and Agent?
9) What are the requirements to become a broker?
10) What other courses could I take that would assist me with my real estate career?
   
Answers
   
1) What are the requirements to become a Virginia Salesperson?
 

To become a Virginia Salesperson you must:
• Be at least 18 years of age
• Be a US Citizen or lawful permanent resident
• Have high school diploma or GED
• Show proof of residency in any state in the US
• Not have been convicted of a felony or crime involving moral turpitude
• Complete and pass the state approved 60 hour Sales Associate Pre-License course
• Pass the state exam
• Submit application with appropriate fees

  Back to top
   
2) What does a Real Estate Agent do?
 

A Real Estate agent is a person licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Unless they are also brokers, agents must work in association with a real estate broker or brokerage company.

  Back to top
   
3) How long is the real estate salespersons course?
 

The course is a total of 60 hours, which is the minimum mandated by the state.

  Back to top
   
4) Is there a test?
 

Yes. This course requires a school exam with a passing grade of 70% or better. After passing the test you will be eligible to set an appointment to take the State exam to become licensed. The state exam must be passed with a grade of at least a 70%. The fee for the state exam is $60.50.

  Back to top
   
5) How does a real estate license become active?
 

In order to have an active real estate license you must be affiliated with a broker.

  Back to top
   
6) What is required to maintain a license?
 

The VA board requires that you take a post licensing course within the first 2 years of the issuance of your license. An complete16 hours of CE ever 2 years, with at least 8 of the 16 hours being a ethics and standards of conduct, legal updates and emerging trends or real estate agency course.

  Back to top
   
7) What is the fee to apply for a license?
 

The initial fee to apply for a real estate license is $170.00.

  Back to top
   
8) What is the difference between a licensed Real Estate Broker and Agent?
 

Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems. The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents.

The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker's name, not the salesperson’s name. A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.

  Back to top
   
9) What are the requirements to become a broker?
 

To become a broker in the state of Virgina you must:
• Be at least 18 years of age
• Be a US Citizen or lawful permanent resident
• Have high school diploma or GED
• Show proof of residency in any state in the US
• Not have been convicted of a felony or crime involving moral turpitude
• Not have had a real estate application of license rejected or revoked in any state within the past 2 years
• Complete and pass the state approved 180 hour Broker Pre-License
• Be actively engaged as a salesperson 36 our of the 48 months preceding application for licensure
• Pass the state exam
• Submit application with appropriate fees

  Back to top
   
10) What other courses could I take that would assist me with my real estate career?
 

AREA’s Home Inspection and Appraisal courses will help you expand your knowledge and help you better serve your clients when you are out on the field. We offer both of these courses in online format are always happy to welcome back past students.

  Back to top
 
**********************
Appraisers and Home Inspectors - you should allow clients to pay by credit card - your competition does!
**********************
FREE! 50-Q Exam Prep
Appraisal Exam
Real Estate Exam
"click" exam above
**********************
Low cost domain names from just $7.85 per year with FREE email, website, and blog.
**********************
Mailwasher - Best Spam Solution
just $29.00 - never expires
**********************
**********************
FREE Listing in AREA's Real Estate Directory
**********************
For peace of mind - ALWAYS buy travel insurance. For maximum benefits, purchase within 15 days of your initial deposit for travel.
**********************
Harry Potter and the Deathly Hallows
Pre-Order Today
**********************
Google
**********************

 

 
 


Home | Real Estate Courses | Appraisal Courses | Home Inspection Courses | Business Courses | Real Estate Student News
Appraisal Student News | Home Insp. Student News | AREA Product Store | Alumni News | Testimonials | Privacy Statement
Site Map | Staff | Contact Us | Company Info | Policies | Employment | Books | Business Links | Appraisal Links
Real Estate Links | Home Inspection Links | Real Estate FAQ | Appraisal FAQ | Home Inspection FAQ
Business Development FAQ

America's Real Estate Academy, Inc.
6199 Hwy 92, Ste. 108, Acworth, GA 30102 (Office)
Phone: 770-591-5552 * Outside metro Atlanta: 888-883-9720
email:
education@area-ga.com

© 2002-2007 America's Real Estate Academy, Inc.