What is required to get a license in Virginia?
For salespersons:
- Complete application form.
- Complete 60 class/clock hours of a Board-approved Principles of Real Estate Pre-License Courses.
- Real estate examination successfully completed.
- Proof of age 18 and above.
- Fees: Examination Fees (Salesperson: $60). License (Salesperson: $170).
For brokers:
- Complete application form.
- In state experience verification form.
- Out of state experience verification form (if applicable).
- Complete 180 class/clock hours of a Board-approved Principles of Real Estate Pre-License Courses.
- Complete a real estate brokerage course.
- Fees: Examination Fees (Broker: $60). License (broker: $210).
What score do I need to pass?
The salesperson exam consists of 80 national questions and 40 state-specific questions. To pass, you must correctly answer at least 56 questions from the national portion and 30 for the state portion.
The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 60 questions from the national portion and 38 for the state portion.
You will receive your score immediately after you complete your exam.
How much time do I have to complete the exam?
For the salesperson exam: you are allowed 105 minutes for the national portion and 45 minutes for the state portion, for a total of 150 minutes.
For the broker exam: you are allowed 105 minutes for the national portion and 55 minutes for the state portion, for a total of 160 minutes.
What should I bring with me for the exam?
- 2 Forms of identification with matching names, non-expired and containing a valid signature, one of them must be photo bearing (Driver’s license, passport, green card, U.S. social security card, debit or credit card with signature).
- Basic, silent, non-scientific calculator.
What is the format of the exam?
The exam is given on a computer and is multiple choice.
What is on the exam?
The national portion consists of the following sections:
- Property Ownership
- Land Use Controls and Regulations
- Valuation and Market Analysis
- Financing
- General Principles of Agency
- Property Condition and Disclosures
- Contracts
- Transfer of Title
- Practice of Real Estate
- Real Estate Calculations
- Specialty areas
The state-specific portion consists of the following sections:
- Licensing
- Escrow Accounts
- Disclosure Requirements
- Agency Definitions and Relationships
- Virginia Fair Housing Law and Regulations
- Specific Acts Pertaining to Real Estate Practice