What are the qualifications for a Real Estate Salespersons
license?
To qualify for a Real Estate Salespersons license you must be at least
18 years old, have a high school education or equivalency, complete a 75 hour
pre-licensure course at a licensed school and pass the New Jersey examination.
After passing the examination, you must apply for a license through a sponsoring
Employing Broker within 1 year from the expiration of the school certificate
or you must again complete all requirements.
What are the qualifications for a New Jersey Real Estate
Broker's license?
First, you must have worked under the direction and guidance of a currently
licensed Employing Broker, on a full-time basis, at least 3 full years immediately
preceeding your application.
Secondly, you must have successfully completed 90 hours of Broker's pre-licensure
courses and two 30 hour courses on office management and ethics/agency. These
two 30 hour courses must be at an licensed New Jersey Real Estate School.
And, thirdly, you must pass the New Jersey examination.
If you applied for a Broker license, please allow the Real Estate Commission
30 business days to process the paperwork. Questions regarding your application
cannot be answered during this processing period.
How soon after passing the real estate exam must I apply
for the issuance of my initial license?
All applicants must apply for the issuance of their
initial license WITHIN ONE YEAR FROM THE DATE OF COMPLETING THE REAL
ESTATE PRELICENSURE COURSE.
What is the license period?
Effective July 1, 1997, all real estate licenses are issued on the basis
of a 2-year license term. Renewal notices are sent to the employing broker's
office. If you need to receive a duplicate renewal notice, notify the Real
Estate Commission in writing. Your request should be addressed to: Mary
Vargas, New Jersey Real Estate Commission, P.O. Box 328, Trenton, NJ 08625-0328.
Are there any waivers of the education requirements?
If you are a Broker or Salesperson in another state, a disabled veteran,
an attorney, have taken college courses in Real Estate, or have a degree in
real estate, you may qualify for an education waiver. To obtain either a Broker
or Salespersons education waiver package, send a written request, along with
a stamped self-addressed envelope, to Waiver Section, New Jersey Real Estate
Commission, P.O. Box 328, Trenton, NJ 08625-0328.
How long can my real estate license be inactive?
N.J.S.A. 45:15-9 provides that Real Estate licenses can be inactive
for 2 years after the expiration date of the last license issued. To reinstate
your license, your application must be completed by a currently licensed Real
Estate Employing Broker.
How can a New Jersey salesperson become a New Jersey broker?
Requirements for becoming a broker in New Jersey are
as follows:
- You must be a licensed salesperson in New Jersey and
have worked as such on a full-time basis under the direction of a broker
for the 3 full years immediately preceding application. You are required
to take 150 hours of broker prelicensure education. The 90 hour broker general
course must be completed first. Thereafter, the 30 hour Agency/Ethics course
and the 30 hour Office Management/Related Topics course may be taken in
any order.
- Upon successful completion of the courses, the applicant
must submit a fully executed school certificate, Experience Activity Report(s)
completed by the broker(s) the applicant has worked for during the last
3 years, and a $25.00 processing fee (No personal checks accepted) to the
Commission for approval. If approved, a Certificate of Examination Eligibility
will be issued which will allow the applicant to make a reservation to challenge
the broker examination. Applicants must pass the examination and make application
for a license within one year of completing the second 30 hour course.
Do you accept walk-ins?
Licensing applications are processed on a "first-in/first-out"
basis. Therefore, the Licensing Bureau will accept, but cannot immediately
review or service walk-in applications. Persons who wish to drop off an
application may do so at the reception desk on the 8th floor of the Commission's
office at 20 West State Street, Trenton, NJ. If there is an error or a question
about the application, you will be notified within ten (10) business days. APPLICANTS SHOULD NOT CALL THE COMMISSION DURING THIS TIME. Depending
upon the volume of work pending at the time of the Commission's receipt
of it, the processing of a complete and correct application related to a
salesperson or broker/salesperson license may take from two to four weeks.
Applications related to broker licenses (sole proprietors, business entities
and brokers of record) are generally processed within two (2) weeks.
What is the procedure for transferring my license to another
broker?
The reverse side of your current license must be completed
in its entirety and submitted to the Real Estate Commission with a $25.00
fee. (Instructions are listed on the reverse side of the license.)
Note: If your license was returned to the Commission by your former broker,
contact the Commission at (609) 292-7053 for appropriate form.
How do I establish my own real estate company?
If you wish to apply for a corporate broker's license,
sole proprietorship, partnership, or limited liability company, contact
the Commission at (609) 292-7053 for appropriate forms and instructions.
How do I obtain a license certification or license history?
Submit a written request to the New Jersey Real Estate
Commission, P.O. Box 328, Trenton, New Jersey 08625-0328. Your request must
be accompanied by $25.00 for a current certification of license status,
or $50.00 for a license history (Personal checks are not acceptable. Payment
must be by certified check, cashier's check, or a money order, made payable
to the Treasurer, State of New Jersey.)
I recently relocated my office. What does the Commission
require?
A Change Of Address form must be completed. All licenses
must be returned accompanied by an appropriate fee. To request a form, call
(609) 292-7053.
Note: For a change of residence address, please submit
a letter indicating new residence address, home telephone number, and license
reference number.
How do I change my name on my license?
Complete Section #1 on the reverse side of the current
license and submit legal proof of name change and a $25.00 fee to the Real
Estate Commission. (No personal checks accepted.) Subsequently, a license
will be reissued to your broker reflecting the new information.
What should I do if my license has been lost?
Have your employing broker submit a written or faxed
request for a duplicate license to the Commission. Fax number (609) 292-0944.
There is no charge for this request.
Can an employing broker withhold my license if I request
that he release it to me in order to transfer to another broker?
No. The licensee's current broker MUST deliver
the license, properly inscribed for termination, to the licensee. The
broker must also send the Notice of Termination section to the Commission
within five business days, and send a copy of it to the licensee's residence
address. N.J.A.C. 11:5-3.11(b).
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