Georgia Real Estate Requirements
Article Summary: In this article, there will be specific details outlined on requirement to obtain a Real Estate License in the state of Georgia. Below, there will be information provided including who administers the license law in Georgia, educational requirements and approved schools, examination, continuing education, renewals and more.
The Georgia Real Estate Commission and Appraisers Board (GREC) is responsible for administration of the license law, which regulates brokers and salespersons within the state. This regulatory body makes it clear on the fact that their role is to protect the public interest fairly and impartially.
Georgia’s general requirements to obtain a Real Estate License include being at least 18 years old, having a high school diploma or GED, and passing a background check.
In order to satisfy the educational requirements, a person must complete 75-hours of Salesperson Pre-licensure Courses at a school approved by the GREC. As a replacement, they can instead complete a minimum of 10 quarter hours or six semester hours of coursework from a U.S. or Canadian accredited college or university. There is also a 25-hour salesperson post-license course required within the first year of a license to be sure it does not lapse.
The Georgia Real Estate License Exam is administered by Applied Measurement Professionals (AMP). Before taking the state exam, one is required to obtain a Georgia Crime Information Center (GCIC) report of a person’s criminal history. This can be received at any local police department or sheriff’s office. This report needs to be turned into AMP before receiving a license.
The examination fee due of $121 covers all fees due during the first four years of a license. The minimum score to pass the exam is 72%. After the exam is passed, it is necessary for an applicant to apply for a license within 12 months of taking the exam to avoid having to take the exam again. The GREC’s website provides more information on the exam such as scheduling information and what to expect in regards to exam formatting.
Another important factor in the license application includes a completed Sponsoring Broker Statement form in order to have an active real estate license in GA. When it comes to license renewal, an individual is required to complete 36 hours of Commission approved continuing education within each four year renewal period. Out of the 36 hours, 3 hours must include the topic of License Law.
A Salesperson applying for a Broker License, must be at least 21 years of age. They are also required to successfully complete a 60-hour Broker’s Pre License Course at an approved school or complete a minimum of 15 quarter hours or 9 semester hours from an accredited college or university within the U.S or Canada. The necessary experience to obtain a Broker License includes an active status for at least three of the five years before the application. More information on applications and fees can be found here.
Georgia Real Estate License Requirements
The Georgia Real Estate Commission allows any Georgia resident who is at least 18-years-old with a valid Social Security Number and a high school diploma or equivalent to obtain a real estate license. There are a number of requirements a person must meet to be eligible for a Georgia real estate license, and each one is relatively easy to understand. The requirements are stringent, but it’s for the protection of other agents, buyers, and sellers.
No one can obtain a Georgia real estate license without first meeting the Real Estate Education requirements. This includes successful completion of 75-hours in a classroom or online. This is the salesperson pre-license course. These courses must be completed at a school or through a program approved by the GREC. Fees vary by location and available options.
You can skip this class if you have passed 6 semester hours/10 quarter hours of coursework at an accredited university while working on real estate major. Official transcripts are required proof for this. You can also use the 75-hours of pre-license coursework from another state if you can prove it’s been approved in said state.
All applicants are required to go through a background check to see if they have a criminal history. Only those who pass the background check are eligible to receive a real estate license in Georgia. It’s recommended you submit permission for this prior to taking your courses. Some criminal background check notes are eligible for appeal, but those are handled on a case-by-case basis.
The Georgia Real Estate Examination is the most important part of the licensure program. You cannot practice real estate without a license, and you have to pass this exam to obtain a license. You can take the test as many times as you want until you pass, but it costs $115 each time you take it. You have to submit your application following the exam, which is available on the GREC website. The fee to apply for the exam within 3 months of completing your pre-license education is $170. The fee goes up to $340 if you wait longer than 3 months. If you wait longer than one year to apply for your license, your state exam scores become invalid.
Once you are license, your license expires every four years. Before you can renew, you have to take 36-hours of continuing education. Without this, your license cannot be renewed. You can activate your license right away by working with a broker, or you can list it as inactive and find work when you decide it’s time to activate your license in Georgia.