What is required to get a real estate license in VA?

How long does it take to become a real estate agent in Virginia?

After 36 months of experience as an active real estate salesperson in Virginia you can apply to become a real estate broker in the state. In addition, you must complete the required 180 hours of course work and pass the state and national portions of the Real Estate Broker examination.

What is are needed for VA real estate license?

Here is the super short summary of the basic requirements to obtain your real estate license in Virginia. You must be at least 18 years old with high school diploma or equivalent. You must complete and pass an approved pre-license course. You must then pass the salesperson license exam administered by PSI Exams.

How long is a real estate course in Virginia?

Complete 60 hours of official pre-licensing classes.

Virginia requires 60 hours of education, which you can take in a classroom or online. Contact the Long & Foster Institute of Real Estate to learn more.

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How much does it cost to maintain real estate license in Virginia?

MLS fees: The cost to belong to a multiple listing service (or MLS) costs about $65/month. Lockbox and card fees: Runs around $100. License renewal fee: $65 every two years for a salesperson; $80 for a broker.

Is the Virginia real estate exam hard?

The real estate exam is a knowledge test. It does not test applicants on information that they will intuitively know. In other words, you must study to pass this exam. … With proper preparation, the real estate exam is not that hard.

How much do Realtors make in VA?

According to the Bureau of Labor Statistics, Virginia real estate agents earn an annual mean wage of $66,230. This is especially impressive when you consider than most states fall in the $41,000 – $57,450 range as shown in the chart below. And that’s just the average, which skews low because of two key factors.

What does real estate school cost?

On average, real estate school costs between $100 and $900, though your costs will vary by state and school. What is this? Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.

How do I study for the VA real estate exam?

How to Pass the Virginia Real Estate Exam

  1. Take Your Time Going Through the Material. …
  2. Take Notes. …
  3. Discuss New Real Estate Terms and Concepts. …
  4. Take Breaks & Study in Intervals. …
  5. Get Sufficient Sleep – Don’t Push Yourself. …
  6. Take Practice Exams.
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How many times can you take the Virginia real estate exam?

There is no limit as to how many times you can take the state exam. You can take the state exam as many times as needed until you pass. You simply have to reschedule your next exam attempt and pay the $60 exam fee.

Do you need a real estate license to flip houses?

You don’t need your real estate license to become a house flipper but it’s a good idea to get your real estate license because it will open up more opportunities for you throughout the process.