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Virginia State Real Estate Licensing and CE 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: www.dpor.virginia.gov/Boards/Real-Estate

Real Estate Salesperson Prelicensing Education Requirements

A. Be at least 18 years old
B. Provide proof of a high school diploma or equivalent certification
C. Complete 60 hours of a Board-approved Principles of Real Estate prelicense course
D. Pass the state and national exam
E. Pass a background check and submit fingerprints
F. Complete the application, and pay the applicable fee

Real Estate Broker Prelicensing Education Requirements

A. Be 18 years old
B. Provide proof of a high school diploma or equivalent certification
C. Have been actively engaged as a real estate salesperson for a period of 36 of the 48 months immediately preceding the application
D. Experience must be verified by a principal or supervising broker for whom the licensee worked at the time of obtaining that experience
E. Complete 180 hours of Board-approved prelicense courses
F. Complete the real estate brokerage course
G. Complete either:

a. Three broker-specific courses of Real Estate Appraisal, Real Estate Finance, and Real Estate law; or
b. Two of the broker-specific courses and one of the following broker-related courses:

i. Real Estate Abstracting
ii. Real Estate Contract Law
iii. Real Estate Economics
iv. Real Estate Feasibility Analysis
v. Real Estate Investments
vi. Real Estate Math
vii. Real Estate Property Management
viii. Real Estate Property Law
ix. CCIM (all parts)
x. GRI (all parts)
xi. SIR/SIOR (all parts)
xii. Business Law
xiii. Commercial Mortgage Lending
xiv. Land Planning and Use
xv. Urban Development

H. Pass the state and national exam

Real Estate Salesperson First Renewal Education Requirements

A. 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
B. Effective January 1, 2019, the 30-hour PLE program will consist of nine courses:

a. 2 hours—Fair Housing, ADA, and Civil Rights
b. 6 hours—Real Estate Law and Regulations
c. 3 hours—Ethics and Standards of Conduct
d. 2 hours—Current Industry Issues and Trends
e. 3 hours—Agency Law
f. 6 hours—Contract Writing
g. 3 hours—Risk Management
h. 3 hours—Escrow Requirements
i. 2 hours—Real Estate-related Finance

C. New salespersons who must complete 30-hour PLE program do not need to complete the 16-hour CE curriculum required of other salespersons
D. See ruling here: law.lis.virginia.gov/vacode/title54.1/chapter21/section54.1-2105.01

Real Estate Salesperson Subsequent Renewal Education Requirements

A. Renewals are every two years
B. Must complete 16 hours of education to include:

a. 3 hours—Ethics and Standards of Conduct
b. 2 hours—Fair Housing
c. 1 hour—Legal Updates and Emerging Trends
d. 1 hour—Real Estate Agency
e. 1 hour—Real Estate Contracts

C. The remaining eight hours may be in real estate-related subjects (electives)

Real Estate Broker Continuing Education Requirements

A. Licensee renewals will be every two years
B. Brokers must complete 24 hours of education to include:

a. 6 hours—Broker Management
b. 2 hours—Broker Supervision
c. 3 hours—Ethics and Standards of Conduct
d. 2 hours—Fair Housing
e. 1 hour—Legal  Updates and Emerging Trends
f. 1 hour—Real Estate Agency
g. 1 hour—Real Estate Contracts

C. See additional information here: law.lis.virginia.gov/vacode/title54.1/chapter21/section54.1-2105.03

Real Estate Exam Provider Information in Virginia

A. Refer any questions or scheduling or registration to PSI
B. Website: candidate.psiexams.com/catalog/fti_agency_license_details.jsp?fromwhere=findtest&testid=466
C. Phone: 800.733.9267
D. Please review the Candidate Information Bulletin to ensure applicants are fully prepared for exam day