Virginia Real Estate Requirements
Article Summary: Contained within this article are general guidelines on what it takes to obtain a real estate salesperson license in Virginia. The information can help anyone looking to learn the state’s requirements such as education, examination, renewal, and more..
The Virginia Real Estate Board, located in Richmond, is a part of the Department of Professional and Occupational Regulation. The Board licenses all salesperson, brokers, and firms representing others in property transactions and also enforces the Fair Housing Laws.
The first general VA real estate license requirements include being at least 18 years old and having a high school diploma or equivalent. To satisfy the educational requirements, one must complete a 60-hour course in the principles of real estate that are approved by the board. There is a live, proctored final examination after the course is completed.
The VA Real Estate Salesperson Exam is administered by PSI and done at 5 locations throughout the state including Charlottesville, Richmond, Roanoke, Vienna, and Virginia Beach. Applicants can also have their required fingerprints taken at the exam sites. The exam consists of 80 national and 40 state-specific questions. In order to pass, one must answer 56 questions from the national portion and 30 for the state portion correctly. Virginia required all applicants to submit a license application with their broker of choice they will be working under to the Real Estate Board.
As of January 1st, 2019 the Code of Virginia mandates all active new salesperson licensees to successfully complete an approved 30-hour post-license education curriculum within one year from the date the license was issued to remain active. The nine required courses are listed here. There are no continuing education requirements for the first two-year license period for a new Salesperson. In the later renewal periods, there are 16 hours of CE necessary to renew a license with the VA Real Estate Board.
Disclosure :: Please be aware that these requirements change from time to time, we do our best to monitor the changes but it is always best to go to the source to confirm the requirements!