Simply complete the Virginia DPOR Real Estate Salesperson License Application and submit it with your required documentation and your $170 application fee. Allow up to three weeks for your application to be processed and your license to be granted. And with that, you're officially a licensed Virginia real estate agent.
Table of Contents
What are the requirements to be a realtor in Virginia?
Complete 180 class/clock hours of Board-approved Pre-License Courses (PDF), and. pass the state and national portions of the broker examination, and. submit verification of experience (actively engaged as a salesperson for 36 of the 48 months preceding application).
How difficult is it to get a real estate license in Virginia?
Around 70% of students pass the Virginia real estate examination, which is a high number considering the fact that in some states, the pass rate can be as low as 40%. The exam is administered on a computer and lasts for 150 minutes, 105 for the national portion, and 45 minutes for the state portion.
How much do realtors make in Virginia?
How much does a Real Estate Sales Agent make in Virginia? The average Real Estate Sales Agent salary in Virginia is $45,357 as of September 25, 2023, but the range typically falls between $44,309 and $57,693.
How much is a real estate license in VA?
What are the Fixed Costs Associated With Getting Your Virginia Real Estate License?
State Examination Fee
How long does it take to be a realtor in Virginia?
Complete the Virginia 60-Hour Real Estate License Course
The pre-licensing course is offered by education providers who are approved by the Virginia Real Estate Board. You can take the VA real estate pre-licensing education either as classroom training or as online classes.
LUNCH & LEARN “Become a Mortgage Loan Originator in 30 days or less..even if you have no prior mortgage experience!! “ Per CalBRE. Guidelines - its 100% legal for real estate agents to sell homes & originate loans (if they are properly licensed).www.mlotrainingacademy.com/rsaor pic.twitter.com/yAk7mXrXEi
Key Takeaways. Working as a real estate agent or broker can be fulfilling and financially rewarding, but it's not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.
Frequently Asked Questions
How do I get started in real estate in VA?
To earn your real estate license in Virginia, you must be at least 18 years of age, complete 60 hours of approved education, pass the Virginia real estate salesperson licensing exam, complete fingerprinting and a background check, and apply for a state license.
How long does it take to become a real estate broker in Virginia?
It takes at least 36 months of experience in real estate full-time (average 40 hours per week) as a licensed real estate salesperson before one can qualify to become a real estate broker in Virginia.
How do I get started in real estate in Virginia?
Five Steps to Becoming a Real Estate Agent in Virginia
Do your research on the Virginia real estate market.
Complete 60 hours of official pre-licensing classes.
Pass the Virginia real estate exam.
Choose a broker to sponsor you.
Apply for a Virginia real estate license.
How long is real estate school in Virginia?
Complete 60 Hours of Pre-License Education through an Approved Real Estate School. The 60-Hour Virginia Pre-License Course provides information about the various real estate careers, activities, companies, and government agencies that regulate the industry.
Is it hard starting out in real estate?
Industry analysts estimate that somewhere between 75% and 90% of all real estate agents fail within the first five years of starting their real estate career. And everyone agrees that the first year is the hardest.