HOW TO BECOME A REAL ESTATE AGENT IN NEW JERSEY
New Jersey PRE LICENSE REQUIREMENTS
- Applicant must be 18 years of age
- Be a legal resident of the United States
- Have a high school education or equivalent certification
- The absence of any convictions for: forgery, burglary, robbery, any theft offense other than
- shoplifting, criminal conspiracy to defraud, or other like offenses within the five years preceding the application for licensure
- Attend 80% of the 75 Hour Course
- Achieve a passing grade of 70% to receive a certification of satisfactory competition.
- Provide response to “screening questions” that relate to the statutory qualifications to receive a real estate license
- The New Jersey Department of Banking and Insurance (DOBI) oversees theNew Jersey Real Estate Commission (REC). The Commission, whose office is in Trenton, New Jersey, was created in 1921 to administer and enforce the real estate licensing law within the state. New Jersey has approximately 83,850 real estate salespersons and 7,900 real estate brokers.
- The license applications for all real estate agents require full disclosure of any crimes, misdemeanors, criminal accusations, child support problems, and whether the applicant has ever had a real state license revoked, suspended or denied in any state. Applicants need to provide proof that they are either U.S. citizens or an alien lawfully admitted for permanent residence. Applicants must apply for their examination and license within one year of completion of their education courses. New Jersey does not have reciprocity agreements with any other states.