The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Virginia Real Estate Board to obtain and maintain a license as a Real Estate Salesperson or Broker. The information provided below can be found on the Boards website. However, we recommend you contact the Real Estate Board for more detailed information about the requirements for obtaining a real estate license. |
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Successfully complete an approved sales pre-license real estate course of at least 60 hours |
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Pass the end of course school exam with a grade of at least 70%. |
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Pass the state examination with at least a 70%. Examination fee is $60.50. You may contact PSI to schedule your appointment, please click here for more information on the examination. |
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Submit application, passing notice for examination and licensee fee of $170.00 (processing takes at least 3 weeks and application must be completed within 1 year of passing the state examination.) You must be affiliated with a broker in order to have an active license. |
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Alls salespersons must complete 30 hours of approved courses within the first year of issuance of license (effective July 1, 2008). |
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Successfully complete 180 hours of education, a 45 hour brokerage course is mandatory. The other courses may consist of brokerage, real estate law, real estate investments, real estate finance and real estate appraisal. The maximum allowable credit for a single broker specific course 60 hours and 45 hours for single broker related course. |
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Pass the end of course school exams with each course. |
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Be actively engaged as a salesperson for 36 out of the 48 months preceding application for licensure, you must submit a verification of experience form. |
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Pass the state examination with at least a 75%. Examination fee is $60.50. You may contact PSI to schedule your appointment, please click here for more information on the examination. |
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Submit application, passing notice for examination, verification form, original license and licensee fee (processing takes at least 3 weeks and application must be completed within 1 year of passing the state examination). |
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All brokers must complete 30 hours of approved courses within the first 2 years of issuance of license. The courses must come from one of three practice topics: Residential Real Estate, Commercial Real Estate or Property Management (Residential). |
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Every licensee must complete 16 hours of CE every 2 years, 8 of the 16 hours must include training in these required topics: 3 hrs ethics and standards of conduct, 2 hrs fairhousing, 1 hr legal updates and emerging trends, 1 hr real estate contracts, 1 hr real estate agency. The remaining 8 hrs may be in any related real estate subject matter. |
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Every licensee must complete 24 hours of CE every 2 years. This must include 3 hrs ethics and standards of conduct, 2 hrs fairhousing, 1 hr legal updates and emerging trends, 1 hr real estate contracts, 1 hr real estate agency. 8 hrs relating to supervision and management of Real Estate agents and mangement of real estate brokerage firms. The remaining 8hrs may be in any related real estate subject matter. (Effective July 1, 2008) |
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Real
Estate Courses
