Salesperson

To qualify for a real estate salesperson's license an applicant must be 18 years of age or older, have a high school education or equivalency, complete a 75-hour prelicensure course at a licensed school and pass the license examination. After successfully completing the course and passing the examination the applicant must apply for a license through a sponsoring real estate broker. In addition the Commission must be satisfied as to the applicant's honesty, trustworthiness, character and integrity.

Broker

To qualify for a broker's license an applicant must have a high school education or equivalency and must successfully complete 150 hours of prelicensure education. Applicants must first complete a 90-hour general real estate course, and then two 30-hour courses on Agency/Ethics and Office Management and related topics. In addition, applicants must have been continually licensed and employed on a full-time basis as a New Jersey real estate salesperson for the three years immediately preceding application. 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.

1. How do I verify my credits have been reported to the REC?
The CE process is totally automated and available for licensees to check their own records by going to the PSI online CE tracking system at http://njrece.psiexams.com. Here you can check for approved CE Providers, Courses, and verify your recorded credit hours. A link to this system and instructions on how to navigate the site are available on the Department’s Continuing Education page. If you are having trouble logging into the PSI site, please contact PSI directly by clicking the “Support” tab located in the “log in” area of the PSI Welcome screen or call 877-526-6833.

2. When will the continuing education requirement begin?
In order to qualify for license renewal no later than July 1, 2013, a total of 12 credit hours of CE in specific categories must be completed by June 30, 2013. Please click link below for details.

http://www.state.nj.us/dobi/division_rec/licensing/online_Instructions/licensees.html

3. What are the CE requirements?
Each licensee must take a total of 12 credits. At least 6 of the 12 credits must be obtained in courses within the “core topics”. The 6 core credits shall include at least 2 credit hours on ethics. The remaining 6 credits can be “electives” or core. The Notice of Proposal and the Notice of Adoption must be read together to see the complete rules as finally adopted.

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