Every state has continuing education requirements for realtors and brokers, and Virginia is no exception. Understanding the requirements in your state may be difficult, especially as they frequently change. Course offerings also change depending on the school you choose. Need some help selecting the right courses? The answers to these questions will keep you on the right track.
1. What are the requirements for a real estate salesperson?
In Virginia, real estate sales professionals are required to complete 16 hours of continuing education after their first license renewal. Of these credits, eight must be in topics like agency, contracts, fair housing, legal issues, and real estate ethics. The remaining eight credits may cover elective courses. These courses are designed to keep real estate professionals educated in current events related to the real estate industry, even after they have been working in the field.
2. How often must I renew my real estate license?
Real estate professionals are required to renew their licenses every two years. The deadline is the last day of the month listed on the realtor’s license. In order to renew your license, you must have already completed the continuing education requirements.
3. How is continuing education reported in Virginia?
Continuing education credit fulfillment is reported automatically by your school to the Virginia Department of Professional and Occupational Regulation. Course completion is reported three to five days afterward. You do not have to do anything in order to report the courses on your end.
4. Are there final exam requirements for courses taken in Virginia?
Yes, realtors do have final exam requirements in this state. In Virginia, real estate professionals must pass each final exam with at least 75 percent. You can take the examination as many times as necessary in order to pass.
5. How do I renew my real estate license in Virginia?
You can easily renew your license by logging into Virginia’s system. The website will walk you through the process.
6. What do I need to do to complete my first salesperson renewal?
In Virginia, there are special steps you must take to renew your license as a real estate salesperson for the first time. You must take 30 hours of approved post-licensing courses in this first year.
7. How do the continuing education requirements differ for real estate brokers?
Real estate brokers in Virginia must complete 24 hours of continuing education per two-year licensing period. Brokers must complete 16 hours that include courses on management, supervision, real estate ethics, fair housing, legal update, agency, and contracts. The remaining courses may be electives.
Do you still have questions about completing your real estate continuing education? Contact us for more information about Virginia’s requirements and ways you can fulfill them.