New Jersey State Requirements
New Jersey Real Estate Commission
20 West State Street
PO Box 325
Trenton, NJ 08625
Phone: 609-292-7272
Fax: 609.292.0944
Email: relic@dobi.nj.gov
Website: https://www.state.nj.us/dobi/division_rec/index.htm
Real Estate Salesperson Prelicensing Requirements
- Be at least 18 years of age
- Submit Social Security Number to the Commission.
- Provide proof of a high school diploma or equivalent certification
- Complete 75 hours of education at a licensed school by the New Jersey Real Estate Commission
- Pass the State and National Exam and apply for a license through a sponsoring real estate broker no later than one year after completion of prelicense education course
- Submit proof of fingerprinting with license application.
Real Estate Broker Prelicensing Requirements
- Provide proof of high school diploma or equivalent certification
- Complete 150 hours of prelicensure education
- Applicants must complete a 90-hour general real estate course
- Applicants must then complete two 30-hour courses on Agency/Ethics, Office Management, and related topics
- Applicants must complete a 90-hour general real estate course
- Applicants must be continually licensed as a real estate salesperson for the three years preceding the application
- After submitting education certificates and a completed experience report for a broker application form, the state will review. Once approved, the applicant will be mailed a Certificate of Examination Eligibility, which may be used to take the broker examination
- Pass the Broker exam and apply for the license no later than one year after completion of prelicense education course.
Salesperson and Broker Continuing Education Requirements
- Licensees must take 12 hours of education during the 2 year renewal period. Six of the 12 CE credits must be in one or more of the following CORE Topic areas:
- Core Topics:
- Agency (1 Hour of Agency mandatory)
- Disclosure
- Legal Issues (i.e. listing agreements, contracts, leases, and attorney review)
- Ethics (2 Ethics credits mandatory)
- Fair Housing and New Jersey Law Against Discrimination (1 Hour Fair Housing mandatory)
- New Jersey Real Estate Broker and Salesperson Statutes and Regulations
- State and Federal Environmental Laws/Regulations Pertaining to Real Estate
- Legal Requirements regarding Escrow Monies and Financial Recordkeeping
- Agency (1 Hour of Agency mandatory)
- Core Topics:
- The remaining credits can be acquired through Elective Topic areas:
- Elective Topics:
- Commercial Real Estate
- Property Management
- Seasonal Rentals
- Real Estate Sales Full Disclosure Act and Real Estate Timeshare Act
- Financing
- Land Use
- Real Estate Valuation
- Foreclosure and Short-Sale Transactions
- Specific Aspects of Residential Real Estate Transactions
- Commercial Real Estate
- Elective Topics:
- All 12 credit hours for the current 2 year renewal period must be completed by April 30. Any late submissions for CE will result in a $200 late CE fee
Real Estate Exam Provider Information in New Jersey
- For any salesperson licensing questions, please direct the student to contact PSI via the following ways:
- Website: https://candidate.psiexams.com/catalog/fti_agency_license_details.jsp?fromwhere=findtest&testid=1663
- Phone: 855-579-4634
- Email: examschedule@psionline.com