How to Become a Real Estate Agent in New HampshirePDH Staff
In order to sell real estate in New Hampshire, you must first obtain a real estate license from the New Hampshire Real Estate Commission. The real estate salesperson license allows you to facilitate the buying and selling of properties under the guidance of a New Hampshire broker. Many amenities to working as a real estate agent lead New Hampshire residents to follow the path. For instance, real estate agents are offered freedom in scheduling, making it a great opportunity to work when you are also caregiving for a family member or going to school. These steps will help you take action to become a real estate agent efficiently.
Meet Minimum Real Estate Requirements
In order to qualify for a real estate license in New Hampshire, you must first be at least 18 years old. It is also important that you have a high school diploma or the equivalent.
Becoming a real estate agent also requires you to submit to a criminal background check. While certain criminal convictions may not automatically disqualify you from operating as a real estate agent, it is essential that you are honest about prior and current convictions. Dishonesty could disqualify you from obtaining your license, even if the original conviction would not have.
Complete Required Real Estate Education
Real estate licensees must complete 40 hours of education before applying. These courses will introduce you to the practice and principles of real estate sales in New Hampshire. Course topics in the pre-licensing class include real estate law, fair housing regulations, real estate interests, real estate ownership, and land descriptions. Real estate students must also learn about title transfers, title records, real estate brokerage, and real estate agency. Pre-licensing courses also cover real estate contracts, real estate financing, the government’s role in real estate transactions, and leases.
These courses are meant to encourage students to learn about the real estate industry before they actually begin practicing under a broker. The coursework will also prepare you to take the next step in becoming a real estate agent, which involves passing a state and national examination.
Take the New Hampshire Real Estate Examination
First, you must send in an examination form with a fee and copy of certificates for completed education. You can choose to take the real estate exam Monday through Friday in either Concord, Portsmouth, Nashua, or Manchester. The examination for New Hampshire is offered through AMP, Applied Measurement Professionals. You can use a personal check, money order, or cashier’s check, to pay the examination fees.
When you arrive at the testing center, be prepared to show two forms of identification, one with a photo and both with your signature. A state-issued identification card alongside another card is best.
The real estate exam is administered via computer, and you may bring a calculator with you. The examination itself lasts 3.5 hours and consists of 100 questions pertaining to national real estate and 40 questions pertaining to New Hampshire real estate. A passing score requires 70% of questions complete on each portion. You will be given your score on the exam right away, allowing you to know how you did immediately.
Even if you fail a portion of the examination, you are eligible to retake the test eight times in the span of a year. After this, you would need to re-take a pre-licensing course in order to take it again.
Find a Real Estate Broker to Work With
You will need to submit your real estate license application with a signed statement from your real estate broker. Working with a real estate broker will help you learn the ropes of working in this fast-paced industry. Brokers can act as mentors, showing you how and why things should be done when you work with clients buying and selling homes and properties.
Your first step to finding a real estate broker to work with is to begin research. Which local brokers seem like they would be a great fit for you? No two real estate brokers are exactly alike, and the choice you make could impact the rest of your career. It may be worth your while to interview brokers just as much as they interview you.
Submit a Real Estate License Application
Send your application to the New Hampshire Real Estate Commission. With your application, you should also include the original exam score you received as well as the licensing fee. Right now, this fee is $90.
Application questions include those regarding any potential previous real estate licenses you have held and previous employment. The real estate license application will also ask you to be honest about any prior or pending charges and convictions against you. You must discuss any bankruptcies as well as answer some character-related questions.
It is also important to note that the license application requires a notarized signature before you send it into the commission for approval. Your principal broker must also complete a portion of the form. Character witnesses must vouch for your trustworthiness.
It is essential that you are thorough and honest in filling out the form to prevent delays in processing. Any discrepancies could lead to delays or refusals of your real estate license.
Take Continuing Education Courses
Every two years, New Hampshire real estate licensees must take 15 hours of continuing education every two years. Of these courses, three must be a core course and the rest may be electives. Courses may allow you to focus on the niche of your choice, from environmental concerns to selling to first-time buyers.
PDH Real Estate offers bundles and individual courses for real estate agents in New Hampshire who want to meet all education requirements easily each renewal year. These courses can be taken online, making it so much easier to renew your license while you are working. Taking online courses could be the key to renewing your real estate license efficiently.
Contact us for more information about taking continuing education courses that will apply to your New Hampshire real estate license. It could be easier than you think to stay on top of continuing education requirements while you work.