Broker Licensing 150-Hour NJ Real Estate Course-COMING SOON
WE WILL BE OFFERING THIS COURSE IN THE FUTURE. CONTACT US AND WE’LL NOTIFY YOU WHEN THEY BECOME AVAILABLE.
This course is approved by the Real Estate Commission of the State of New Jersey
to fulfill the 150-hour class prerequisite to prepare you for the NJ State exam to
obtain your NJ Real Estate Broker/Salesperson’s license.
Experience Requirement
To demonstrate full-time employment, the applicant must show that they have
worked as a salesperson under the authority of a broker for at least 40 hours per
week during the hours of approximately 10:00 A.M. to 8:00 P.M. during any five
days of each week. If the applicant was employed in any other occupation during
the three-year period, such other employment must not have exceeded 25 hours
per week. If you need to verify your license status, you should do so before
enrolling in the broker course.
Good Moral Character
The law in New Jersey requires all applicants for licensure as a real estate
salesperson or broker to possess good character, trustworthiness, honesty and
integrity. N.J.S.A. 45:15-9. To enforce this requirement, all applicants for licensure
must submit to a criminal history record check. In addition, presuming you
successfully complete the course, at the time you take the state license
examination you will be asked to provide responses to certain “screening
questions”.
If an applicant has ever been convicted of a crime or is currently on parole or
probation their application for a real estate license may be denied. See N.J.S.A.
45:15-9, 45:1512.1 and 2A:168A-1 et seq.
If you want further information regarding these regulations, please give us a call.
Passing Requirements
You must successfully complete 150 hours of course time. The 150 hours is
divided into 3 separate courses: a 90-hour general real estate broker course, and
then a 30-hour course on Agency/Ethics, and a second 30-hour course on Office
Management and related topics. All 3 courses must be completed within a period
of 2 years. After completion of all three courses applicants must submit to the
Education Qualification Section of the Commission their completed school
certificate and a completed Experience Report For Broker Applicant form.
Following review and approval, the applicant will be mailed a Certificate of
Examination Eligibility, which may be used to make a reservation to take the
Broker license examination. An applicant must pass the broker license
examination and apply for and request the issuance of a license as a broker or
broker-salesperson not later than one year after their successful completion of
the broker prelicensure education requirements.
What Will I Learn?
- Agency Law, Dual Agency, Attorney Review Process, Ethics, Contracts, Appraisal, Federal Law Fair Housing, Title, Taxes, Deeds, Ownership Methods , Mortgage Financing, How to Open a New Company, Trust Account Management, Recruiting, Sales Meetings, Office Systems