Licensure Requirements for a Salesperson
- Minimum age of 18
- High school diploma or equivalent
- Must complete 60 hours of pre-license education
- Fingerprint background check
- Pass the salesperson exam
Licensure Requirements for a Broker
- Minimum age of 18
- High school diploma or equivalent
- Must complete 180 hours of pre-license education
- Fingerprint background check (Unless you are already currently licensed as a salesperson in Virginia)
- Must provide verification that you have spent at least 3 of the previous 4 years as an active, licensed salesperson
- Pass the broker exam
Step by Step Guide (Salesperson)
- Complete 60 hours of pre-license education through an Approved School (Here is a list of Approved Courses)
- After your school submits your exam eligibility to PSI, you may register for the exam
- Pass the salesperson exam (See below for more information)
- Get fingerprints taken (This is done at the testing site upon passing the exam)
- Apply for License within 45 days of background check clearing
Step by Step Guide (Broker)
- Complete 180 hours of pre-license education through an Approved School (Here is a list of Approved Courses)
- For specific course requirements, refer to the Broker Pre-License section of the Virginia DPOR Website
- After your school submits your exam eligibility to PSI, you may register for the exam
- Pass the broker exam (See below for more information)
- Apply for License along with all appropriate documents and fees
Obtaining a reciprocal license if you are already licensed in another state:
Follow the same steps as outlined for a salesperson or broker applicant above. You must also submit with your application a Certificate of Licensure from any state you either currently hold or have previously held a license in.
You will need to submit the exam registration form found on PDF pages 14-15 of the Virginia Candidate Handbook before you can take the exam. You will only need to pass the Virginia State Law portion of the exam.
Exam Info
Salesperson: The exam costs $60 and is administered on a computer in multiple choice format. There are 120 questions (80 national and 40 state law). You must achieve a score of at least 70% on the national portion and at least 75% on the state law portion to pass. You will have 2 ½ hours to complete the exam.
Broker: The exam costs $60 and is administered on a computer in multiple choice format. In addition to standard multiple choice, the broker exam contains scenario-based questions with more than 4 possible answers to choose from.
For an example of what this type of question looks like, refer to page 6 of the Virginia Candidate Handbook. There are 125 questions (75 national and 50 state law). You must achieve a score of at least 75% on each portion to pass. You will have 2 hours and 40 minutes to complete the exam.
- Schedule online at http://www.psiexams.com/ or by calling (855) 340-3910. You can also mail or fax the exam registration form, found on PDF pages 14-15 of the Virginia Candidate Handbook.
- For exam locations, refer to pages 8-9 of the Virginia Candidate Handbook
Fees:
- Exam Fee- $60
- License Application Fee (Salesperson)- $170
- License Application Fee (VA Salesperson upgrading to VA Broker)- $85
- License Application Fee (Broker by Reciprocity OR Broker by Examination)- $210