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Getting a real estate license in any state can be a bit overwhelming. But earning a real estate license in Virginia is simple if you follow a few easy steps.
The Virginia Real Estate Board (VREB) requires individuals to complete the following 6 steps to receive a salesperson license.
The requirements to get a real estate license vary in each state. However, it takes just a few simple steps to get a real estate license in Virginia. Hopeful licensees can have their real estate license in several weeks.
The average real estate salary is $47,930. Real estate agents in Virginia make an average of $49,060 a year, but the salary ranges from $36,000 to $100,000+ a year, depending on experience and expertise.
Different states require between 20 to over 200 hours of pre-license coursework before taking the exams and earning a license. Virginia requires 60 hours of pre-licensing courses.
Did you know that you can get your Virginia real estate license entirely online? You can complete Virginia real estate education online at your own pace!
The 60-Hour Virginia Pre-License Course provides information about the various real estate careers, activities, companies, and government agencies that regulate the industry.
If you are currently licensed in another state or jurisdiction, the Real Estate Board states the following:
Applicants for a salesperson license must (1) pass the State portion of the examination, (2) submit verification of completion of a 60 hour course called "Principles of Real Estate" and (3) submit letters of certification from other jurisdictions where licensed. Also, in order to apply through reciprocity, the salesperson MUST hold a current salesperson license in another state.
After completing the 60-hour course, you must pass a course final exam.
In Virginia, you must pass with at least a 75%. Candidates take the course final exam in the presence of a proctor.
Every applicant must pass a background check. Within 60 days before submitting the licensing application, candidates must provide a criminal background check issued by the Virginia Crime Information Center of the Virginia Bureau of Investigation or a certified criminal history report from their resident state.
Current Virginia residents can get fingerprints taken at the following locations:
After completing all the Virginia course materials and passing the course final exam, you must pass the Virginia Licensing Exam.
PSI administers the Virginia broker licensing exams. Download the PSI Candidate Exam Book.
There are two portions of the exam:
Additionally, candidates must provide 2 forms of valid (not expired) identification. One must be a valid form of governmentissued identification (Driver's License, State ID, Passport, Military ID), which bears your signature and has your photograph. The second ID must have your signature and preprinted legal name.
A licensee needs to be sponsored by an active Virginia managing broker. This person will serve as your mentor as you start your new career in real estate.
Here are some questions to consider during your search for a sponsoring broker:
Once you meet all of the prior requirements, complete the interactive or static application form online.
Depending on what real estate school a hopeful licensee decides to attend, it costs between $392 and $600+ to get a Virginia real estate license. The most expensive and vital purchase is that of real estate school. The cost of real estate courses depends on both the school and the package that a potential licensee chooses. Here are the required fees:
Course Tuition | $130 - $400+ |
---|---|
Background Check | $52 | Salesperson License Application Fee | $150 |
Examination Fee | $60 |
Total | $392 - $600+ |
It takes an average of four (4) months to obtain your real estate license. But, many people take far less or far more time to get their Virginia real estate license. You can obtain a license in just a few weeks. Or, you can take your time and earn your license over the course of a year.
The amount of time it takes to obtain a Virginia real estate license depends on the type of pre-license coursework a potential licensee decides to take and their pace to complete the courses.
An individual completes courses at their own pace when completing their real estate school online. Online courses are helpful if an individual wants to complete their studies faster or if they need to take additional time on their coursework.
In a classroom setting, an individual must follow along at the pace of the class. This option is suitable for individuals who want to connect with classmates and are more motivated in a classroom setting.
Check out our blog post about whether online or classroom real estate classes are the best option for you.
A real estate license can lead to a variety of careers in Virginia, including:
Within each of those jobs, you can choose the specialty and niche that suits you best. Some kinds of real estate pay more than others, but those frequently involve additional licenses or certifications.
Newly licensed agents in the state of Virginia must complete a 30-hour salesperson post-license course within their first year of licensure.
The completion of your post-license education does NOT represent a license renewal.
All active licensees must complete 16 hours of Continuing Education courses within each two-year renewal period.