Becoming a real estate agent in Virginia is easy if you know the steps. Complete 60 hours of pre-licensing education approved by the Virginia Real Estate Board, pass the Virginia Real Estate Exam, submit fingerprints for background checks, partner with a sponsoring brokerage firm, and comply with the Virginia Professional Regulations You must submit an application to the Bureau. (DPOR). Over a tall cup of sweet tea, we’ll walk you through the steps to get your Virginia real estate license.
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1. Meet the Legal Requirements of a Virginia Real Estate License
In Virginia, to be eligible to become a real estate agent in Old Dominion, you must be at least 18 years old and hold a high school diploma or GED.
did you know? Virginia has full reciprocity with other states for licensed agents who have been in the real estate business for 24 of the past 36 months. This means that if you’re already licensed in another state, you don’t need to take the DPOR pre-licensure course, but to become a licensed real estate agent in Virginia, you’ll need a background in his check and the state of the real estate exam. part must pass. After completing these requirements, you can: apply online From the DPOR website.
Virginia is also a physical location state in terms of portability. Agents and brokers from other states are permitted to do business in Virginia, but are not permitted to enter the state to conduct real estate business. This means that an agent or broker in another state must conduct all out-of-state business remotely and cannot enter the state for shows, closings, or for any other reason.
For more information on Virginia real estate license portability, see our guide to real estate license reciprocity and portability.
2. Complete required pre-licensing courses
Once you have determined that you meet Virginia’s legal requirements, the next step is to complete the 60 hours of the mandatory prelicensing course. They can be filled through in-person classes or at Virginia’s Online Real Estate School, and costs range from $160 to $350. The 60 hours of education includes classes on the following topics:
- property ownership
- Land Use Regulations and Regulations
- Valuation and market analysis
- loan
- General Principles of Freedom of Choice
- Property disclosure
- contract
- Leasing and property management
- Transfer of ownership
- real estate practice
- real estate calculator
- Disclosure requirements
- Agency definition and relationship
- Virginia Fair Housing Laws and Regulations
- Specific acts related to real estate practice
- license
- Escrow account
If you want to get started quickly with an accredited online real estate school, consider Kaplan For pre-licensed courses in Virginia. With a strong reputation in education, Kaplan offers both online and on-demand education options at reasonable prices. Their package includes an initial real estate license and the classes necessary to meet continuing education requirements throughout a career in real estate.
3. Take the Virginia Real Estate Exam
Virginia Average Acceptance Rate This proves that the Virginia real estate exam is difficult, but not impossible. The exam is computer-based, so you’ll know your results as soon as you finish.
Your passing score goes directly to the next stage of the licensing process, but failure on one or both parts of the exam will result in a failure notice and a diagnostic report showing your strengths and weaknesses on the exam. Luckily, you can retake the exam as many times as you like until you pass, and you can reschedule your exam at the testing center.
Virginia Real Estate Exam Details
Book an exam
The Virginia Real Estate Exam is offered by PSI exam online, a national provider of national licensing exams. To start scheduling your exam, create an account on the PSI website. This will give you access to the scheduling portal. You will also receive a copy of Virginia Candidate Information Bulletin for additional testing information. The exam fee is $60 and can be paid directly on the website using a credit or debit card.
Additional study aids may be required to pass the exam on the first attempt. They offer different packages, so Prep Agent is a cost-effective, high-quality resource to help you prepare for your exam. Check the website for his premium packages including flashcards, simulated exams and more.
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To obtain a valid real estate license in Virginia, you will need to find a sponsoring brokerage firm with whom you will be licensing. To make the choice a little easier, check out our detailed guide to choosing the right real estate firm to work with. Here are the top 5 brokerage firms in the market:
(sauce: real trend)
Virginia Cities with Highest Median Sales Price in 2023
Awareness of market trends is critical to building strategies, informing clients, and estimating how much you can earn. To get an idea of which cities are profitable for Virginia realtors, take a look at the following sales data. Towncharts.com under:
5. Get fingerprints and complete background checks
Once you have completed your education and passed your exam, schedule your fingerprinting. Virginia requires all applicants to provide fingerprints for background checks. If you live in Virginia, you must have your fingerprints taken in-state. We strongly recommend that you get your fingerprints taken in Virginia, even if you live out of state.
DPOR offers two fingerprint vendor options for a $60 fee.
- PSI Testing Center: Fingerprints can be taken directly at the testing center from 9:00 am to 1:00 pm. No reservations are required and you can visit the website to find your nearest location.
- Field print service: Appointments are required and fingerprints are taken with Livescan.
Background checks are only valid for 45 days, so it’s important to schedule your appointment within the same time frame that you submit your application. Otherwise, you will have to get your fingerprints again.
6. Apply for a Virginia Real Estate License
Once you have passed the exam and completed the fingerprinting process, you are ready to submit your application for license as a Virginia real estate agent. The application must be submitted within one year from the date of the first exam he first took.
of Virginia Real Estate Applicationis called a Salesperson License Application and must be submitted along with the following documents:
- $170 fee. by check or money order to the Virginia Secretary of the Treasury; or online credit card form
- Original or accredited transcripts, education certificates, completion certificates, license certificates or other documents evidencing completion of all required real estate courses
- Disciplinary action report and all required attachments (if applicable)
If you have already selected an affiliate broker, you will be applying for a valid license and must include the broker’s information in your application. Otherwise, an inactive license will be issued.
Virginia law requires DOPR to deposit money within 24 hours of receiving it, and any payment shown in your account is considered a confirmation receipt. Once received, it takes approximately 15-20 business days to process your license.After approval, the license is License search page A paper copy will be mailed to you.
did you know? There are no guarantees, but you can get a real estate license in Virginia even if you have a criminal record. You have to disclose all convictions and they run background checks to see past offenses. DOPR considers whether the offense is closely related to the purpose of the license, the seriousness of the offense, and the applicant’s complete criminal record in order to determine a license.
7. Start a career in real estate
Now that you have learned how to become a real estate agent in Virginia, you are ready to begin your professional real estate journey. To learn more, here are some articles with content perfect for new realtors.