You’ll need to successfully finish an approved 75-hour Pre-Licensing course. This can be done online.
You also need to be at least 18 years old and have a high school diploma.
The time it takes to get your New Jersey real estate salesperson license can vary. Most people complete all the requirements in three to six months. It depends on factors like education, exams, background checks, and finding a sponsor, which is an actively licensed New Jersey real estate broker.
However, you can complete your coursework in as little as 2-3 weeks if you go full-time (40 hrs/week).
You’ll take the New Jersey Real Estate Exam at a proctored testing facility or online. PSI administers the test, and you can find more information about it, including the length, sample questions, and score reporting, on their website.
The cost of Pre-Licensing coursework tuition varies depending on the course package and school. You’ll also need to pay a state application fee, which is $160 for a New Jersey real estate salesperson and $270 for qualifying broker candidates. Additionally, there’s an exam fee of around $38, paid to the exam administrator, PSI.
Yes, to become a licensed real estate agent in New Jersey, you must have at least a high school diploma or GED.
You need to be at least 18 years old to get a New Jersey real estate license.
New Jersey salespersons must complete 12 hours of Continuing Education every two years.
It depends. Generally, New Jersey does not allow anyone convicted of forgery, burglary, robbery, any theft offense other than shoplifting, criminal conspiracy to defraud, or other like offenses if convicted within the five years preceding the application for licensure to get a real estate license.
Real estate agent salaries can vary based on transactions and commission fees. On average, a real estate salesperson (not including Brokers) in New Jersey can earn around $83,630 per year, as reported by Indeed.com.