How do I get a New Jersey real estate license?
Requirements to obtain a New Jersey real estate salesperson license include:
- Completing 75 hours of required Pre-Licensing education.
- Passing final course exam.
- Registering and passing your New Jersey state licensing exam.
- Submitting your fingerprints for a background check.
- Being sponsored by a New Jersey state real estate broker.
- Applying for the New Jersey real estate salesperson license and paying all applicable fees
To get a New Jersey real estate license, you need to be at least 18 years old and hold a high school diploma. Want to learn more? Here are the six steps it takes to get your real estate license.
How long does it take to get a New Jersey real estate license?
The amount of time it takes to get your New Jersey real estate salesperson license is dependent on a few factors. Most are able to complete all requirements within three to six months. Between the education requirements, application, exam, fingerprints, background investigation, and sponsorship by an actively licensed New Jersey real estate broker, time frames to licensure may vary. There are a number of steps to complete which include education, application, exam, fingerprints, background investigation, and sponsorship by an actively licensed New Jersey real estate broker.
Where do I go to take my New Jersey real estate license exam?
The New Jersey real estate exam is administered by PSI and can be taken in person or online. Visit https://www.psiexams.com/ for more information.
How much does it cost to get a New Jersey real estate license?
Pre-Licensing coursework tuition will vary depending on the course package and school. But you can expect to pay a state application fee of $160 for a New Jersey real estate salesperson, and $270 for qualifying broker candidates. The exam fee is around $38, and is paid to the exam administrator, PSI.
Do you need to have a diploma or GED to get your New Jersey real estate license?
Yes, to become a licensed real estate agent in New Jersey, candidates must have at least a high school diploma or GED.
How old do you have to be to get your real estate license in New Jersey?
To get a New Jersey real estate license, you need to be at least 18 years of age.
How much Continuing Education do I need as a New Jersey real estate licensee?
New Jersey salespersons are required to complete 12 hours of Continuing Education every two years.
Can a felon get a New Jersey real estate license?
It depends. Generally, New Jersey does not allow anyone who has been convicted of forgery, burglary, robbery, any theft offense other than shoplifting, criminal conspiracy to defraud, or other like offenses to be licensed IF convicted within the five years preceding the application for licensure.
Does New Jersey have real estate license reciprocity with any other states?
New Jersey does not have reciprocity with any state. If you are actively licensed as a Salesperson or Broker outside of New Jersey, you may qualify for an Education Waiver.
What is the average salary for a New Jersey real estate agent?
Many issues factor into average real estate salaries, including the number of real estate transactions and commission fees made in a given year. On average, a real estate salesperson in New Jersey can expect to make around $83,630 per year according to Indeed.com.
