Real Estate
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Individual Products
Product | Credit Hours | Price | |
---|---|---|---|
OnDemand Avoiding Deceptive Practices (4-Credit Hours) | 4.00 | $19.00 | |
Online Course Buyer Representation in Real Estate (4-Credit Hours) | 4.00 | $19.00 | |
Online Course Introduction to Commercial Real Estate Sales (4-Credit Hours) | 4.00 | $19.00 | |
Online Course Red Flags Property Inspection Guide (4-Credit Hours) | 4.00 | $19.00 | |
Online Risk Management (4-Credit Hours) | 4.00 | $19.00 |
Virginia State Requirements
Virginia Real Estate Board
9960 Maryland Drive #400
Richmond, VA 23233
Licensing Section Phone: 804-367-8526
Licensing Section Email: REBoard@dpor.virginia.gov
Education Section Phone: 804-367-2406
Education Section Email: RESchool@dpor.virginia.gov
Website: http://www.dpor.virginia.gov/Boards/Real-Estate/
Salesperson PreLicensing Education Requirements
- Be 18 years old
- Provide proof of high school diploma or equivalent
- Complete 60 hours of Board approved Principles of Real Estate Pre License Course
- Pass State and National Exam
- Pass background check and submit fingerprints
- Complete application and pay applicable fee
Broker Pre Licensing Education Requirements
- Be 18 years old
- Provide proof of high school diploma or equivalent
- Have been actively engaged as a real estate salesperson for a period of 36 of the 48 months immediately preceding the application.
- Experience must be verified by Principal or Supervising Broker for whom the licensee worked at the time of obtaining that experience.
- Complete 180 hours of Board-approved Pre License Courses
- Complete Real Estate Brokerage course
- Complete either:
- Three Broker-specific courses of Real Estate Appraisal Real Estate Finance and Real Estate law; or
- Two of the Broker Specific Courses and one of the following Broker-Related courses:
- Real Estate Abstracting
- Real Estate Contract Law
- Real Estate Economics
- Real Estate Feasibility Analysis
- Real Estate Investments
- Real Estate Math
- Real Estate Property Management
- Real Estate Property Law
- CCIM (all parts)
- GRI (all parts)
- SIR/SIOR (all parts)
- Business Law
- Commercial Mortgage Lending
- Land Planning and Use
- Urban Development
- Pass State and National Exam
Salesperson First Renewal Education Requirements
- Effective January 1, 2019: all active new salesperson licensees are required to complete a board-approved 30-Hour Post license education (PLE) course within one year from the last day of the month in which the license was issued to remain on active status.
- Effective January 1, 2019 the 30-Hour PLE program will consist of NINE courses:
- 2 hours- Fair Housing, ADA and Civil Rights
- 6 hours- Real Estate Law and Regulations
- 3 hours- Ethics and Standards of Conduct
- 2 hours- Current Industry Issues and Trends
- 3 hours- Agency Law
- 6 hours- Contract Writing
- 3 hours- Risk Management
- 3 hours- Escrow Requirements
- 2 hours- Real Estate-RElated Finance
- New Salespersons who must complete 30 Hour PLE program do not need to complete the 16-hour CE curriculum required of other salespersons.
- See ruling here: https://law.lis.virginia.gov/vacode/title54.1/chapter21/section54.1-2105.01/
Salesperson Subsequent Renewal Education Requirements
- Renewals are every two years
- Must complete 16 hours of education to include:
- 3 hours- Ethics and Standards of Conduct
- 2 hours- Fair Housing
- 1 hour- Legal Updates and Emerging Trends
- 1 hour- Real Estate Agency
- 1 hour Real Estate Contracts
- The remaining 8 hours may be in Real Estate Related subjects (electives)
Broker Continuing Education Requirements
- Licensee renewals will be every two years
- Brokers must complete 24 hours of education to include:
- 6 hours- Broker Management
- 2 hours- Broker Supervision
- 3 hours- Ethics and Standards of Conduct
- 2 hours- Fair Housing
- 1 hour- Legal Updates and Emerging Trends
- 1 hour- Real Estate Agency
- 1 hour- Real Estate Contracts
- See additional information here: https://law.lis.virginia.gov/vacode/title54.1/chapter21/section54.1-2105.03/
Exam Provider Information
- Refer any questions or scheduling or registration to PSI
- Website: https://candidate.psiexams.com/catalog/fti_agency_license_details.jsp?fromwhere=findtest&testid=466
- Phone: 800-733-9267
- Please review Candidate Information Bulletin to ensure applicants are fully prepared for exam day.