Virginia Real Estate License Requirements

You’ve got everything you need to know about getting your Virginia real estate license right here. We’ll cover licensing requirements, exam details, fees, and the documents you need for both salespersons and brokers.

What you need to get your real estate license in Virginia

Salesperson:

• Be 18 years of age or older.
• A high school diploma or its equivalent.
• Successfully complete a 60-hour pre-license course approved by the Board.
• Pass the state and national portions of the examination
• Provide a set of fingerprints through the PSI exam sites or Fieldprint services.

Broker:

• Be 18 years of age or older.
• A high school diploma or its equivalent.
• 180 hours of a Real Estate Pre-License Course approved by the Board. In addition to a Real Estate Brokerage course, you must complete either:
  A) the three Broker-Specific Courses of Real Estate Appraisal, Real Estate Finance, and Real Estate Law; or
  B) two of the Broker Specific Courses and one of the Broker-Related Courses
• Applicants must have been actively engaged in full-time real estate work—averaging 40 hours per week—for at least 36 of the 48 months immediately preceding their application.
• Pass the state and national portions of the examination.
• Take your fingerprints at a PSI testing location in Virginia or Fieldprint services.

What is the passing score for the Virginia real estate license exam?

For salespersons:

The exam comprises 120 total questions (80 questions on the national portion and 40 questions on the state-specific portion). Answer a minimum of 56 national questions and 30 state-specific questions correctly to pass the exam.

For brokers:

The exam comprises 125 total questions (75 questions on the national portion and 50 questions on the state-specific portion). Answer a minimum of 60 national questions and 38 state-specific questions correctly to pass the exam.

The National broker exam includes questions that are scored up to two points. This are scenario-based questions, you’ll need to choose the BEST and most COMPLETE ANSWER.

What is the time limit for the Virginia real estate exam?

The time limit for the salesperson exam is 150 minutes: 105 minutes for the national portion and 45 minutes for the state portion.

The time limit for the broker exam is 160 minutes: 105 minutes for the national portion and 55 minutes for the state portion.

What to bring for the state of Virginia real estate license exam?

One valid, unexpired form of ID with your signature.

REQUIRED IDENTIFICATION (with photo) – Choose One

• Government-issued Driver’s License
• U.S. Dept. of State Driver’s License
• U.S. Learner’s Permit
• National/State/Country Identification Card
• Passport
• Passport card
• Military ID
• Military ID for spouses and dependents
• Alien Registration Card

What is the format of the exam?

The examination will be administered via computer. You will be using a mouse and computer keyboard.

What is the exam content?

The national portion of the salesperson and broker real estate exams contains the following topics:

• Property Ownership.
• Land use Controls.
• Valuation.
• Financing.
• Contracts.
• Agency.
• Property Disclosures.
• Property Management.
• Transfer of Title.
• Practice of Real Estate.
• Real Estate Calculations.

The state portion of the salesperson and broker real estate exams contains the following topics:

• Licensing.
• Escrow Accounts.
• Disclosure Requirements.
• Agency Definitions and Relationships.
• Virginia Fair Housing Law and Regulations.
• Specific Acts Pertaining to Real Estate Practice.

Sources

• Commonwealth of Virginia Department of Professional and Occupational Regulation Information Bulletin
• PSI Examination Online
• Virginia Department of Professional and Occupational Regulation