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FAQs

What is required to obtain a Virginia Real Estate Salesperson’s License?

Virginia Salesperson candidates must successfully complete one of our 60 credit hours state-approved real estate education course (or an equivalent).

Additionally, to qualify for licensure, each candidate must:

  • Be at least 18 years of age
  • Pass the Virginia state licensing examination administered by PSI Exams
  • Have earned a high school diploma or certificate of equivalency
  • Initial licensure applicants are required to submit a set of fingerprints that were completed no more than 45 days prior to the Virginia Central Criminal Records Exchange for the purpose of conducting a search of the state and national fingerprint-based criminal history records.
  • Affiliate with a licensed Virginia Broker within 1 year of passing the PSI examination
  • Within one year of obtaining a new salespersons license, complete a 30 hour Post License Education Virginia approved program of study through Elite School of Real Estate (or equivalent).  

 

What is a REALTOR®?

  • The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics.

           < Read more >

 

 

Who Issues Real Estate Licenses in Virginia?

  • The Real Estate Board, which is under The Virginia Department of Professional and Occupational Regulation
  • The Real Estate Board licenses Salespersons, brokers, and firms representing others in property transactions
  • The Board also enforces Fair Housing Law in cases involving real estate licensees and their employees

           < Read More >

 

 

What is required obtain a Real Estate Broker’s License in Virginia?

  • Experience - Must have been actively engaged as a real estate licensee for at least 40 hours per week during 36 of the 48 months preceding the date of application
  • Education - Successful completion of a total of 180 classroom hours of Elite School of Real Estate (or equivalent) Board-approved courses is required
  • Examination - Pass the Virginia Real Estate Board Broker examination through PSI Exams
  • Application - Submit to the Virginia Department of Professional and Occupational Regulation (DPOR) a completed Brokers License Application & Experience Verification Form(s)

           < Read More > 

 

 

Can I be a successful Real Estate Agent if I already have a full time job?

  • The short answer is YES you can
  • The more detailed answer is yes you can but the challenge will likely be greater

 

How much money can I make as a Real Estate Agent?

  • Unlike many other careers, there is no cap on your potential income as a real estate Salesperson
  • Simply stated, it depends on a person’s goals and how determined that they are to reach them
  • We can help you acquire the skills that are necessary for success
  • You have to contribute the actions and the mind-set

How much does it cost to become a REALTOR® in Northern Virginia?

  • Education $250 - $350
  • State Licensing Examinations $60
  • State Licensing Application Fee $170
  • National, State & Local Association Membership $400 - $900
  • Lockbox Key Service $10
  • Multiple Listing Service setup and subscription $295
  • Errors & Omission Insurance – Varies by Brokerage Firm
  • Affiliation Charges – Varies by Brokerage Firm

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703-624-3444
Info@EliteSchool4Real.com
8315 Lee Highway, Suite 300
Fairfax, Virginia 22031

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