New Jersey Frequently Ask Questions Real Estate License

New Jersey Frequently Ask Questions Real Estate License

On this page you will find a full list of frequently asked questions about how to get your New Jersey real estate license, the New Jersey real estate salesperson course, how to prepare for the NJ state exam, how to renew your NJ real estate license, and general real estate profession questions.

About the 75-Hour New Jersey Real Estate Salesperson Pre-License Course

You are required to take the New Jersey 75-hour Pre-license Salesperson Course from the state's list of approved education providers.

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You must take 75-hours of pre-license education as part of earning a NJ salesperson license.

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You can take the New Jersey real estate salesperson pre-license course as a classroom course or a remote, online course. Online learning is the fastest and most affordable way to complete the 75-hour education requirement.

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Yes, you can take the 75-hour New Jersey real estate course online as long as you take the course from certified and approved education providers.

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There is no age requirement to take the 75-hour pre-license course, but remember you must be 18 years of age to apply for your license. You have to take the course before the state exam, and a passing state exam score is only good for one year.

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If you are a practicing attorney in New Jersey, you can qualify for a salesperson education waiver. You must be admitted to practice law in New Jersey or any other state at the time of your application. You'll need to download and fill out the salesperson education waiver from the state.

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Yes, you can use college credits if they total at least 75 hours in real estate or related subjects or if your degree was in real estate.

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Yes, your New Jersey pre-license course will end with a final exam. Your course administrator will provide you with more information about the length and content of the final exam.

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You must fully work through the 75-hours of content and pass the course final exam before you can receive a course completion certificate.

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The exact number of questions on the pre-license course exams does vary based on the section of the course. Your course administrator will let you know how many questions are on the different exams and the comprehensive final.

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RealEstateU students will find their course completion certificate after passing the course final exam. Log in to your course account to find and download the certificate.

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Here is the state's list of approved education providers.

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Your course provider notifies the testing vendor PSI that you have passed the education requirement and qualify to take the state licensing exam. You can’t take the required licensing exam without satisfying the 75-hour education requirement.

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No, but it does notify the testing vendor PSI that you are now eligible to take the state licensing exam. Since you can’t take the test without this approval, the NJREC knows you have met the education requirements.

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You will have one year from the date your course provider sends your testing eligibility to PSI exams to schedule your state licensing exam. After that, you’ll have to take the course again.

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Applying for a New Jersey Real Estate License

The salesperson license requirements are:
● Be 18 years or older
● Have a high school diploma or its equivalent
● Take 75-hour pre-license education
● Pass state licensing exam
● Be hired by a managing broker
● Submit fingerprints for a background check

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Your Managing Broker will submit your license application after you have been hired. You must provide your broker with your Applicant ID number. This ID number is found on your testing scorecard that proves you successfully passed the state exam.

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Yes. Actually, your Managing Broker will go to the Online Licensing Services portal for your license application.

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The initial license application fee is $160. Personal checks are not accepted.

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You will need to have ready: ● PSI state exam passing score report, both completed and signed by the employing broker ● Completed Sagem-Morpho Universal Form and receipt (provided when fingerprinting is done) ● Proof of high school education ● Any additional documentation as indicated by screening questions

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You only have one year from the date you pass the pre-license course to file the application. Work with your Managing Broker as soon as you are hired to submit the application, so you can be certified as a New Jersey real estate salesperson as soon as possible.

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No. In New Jersey, it’s your Managing Broker that submits your license application. If you’re not hired, you can’t receive a license.

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An active license enables you to help clients with all of their real estate purchase, sale, and leasing needs and earn a commission for your work. An inactive license means you have met the requirements to hold a NJ license, but you are not currently authorized to work as a real estate salesperson and earn a commission

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You can request an inactive New Jersey real estate license by writing a formal letter of resignation to your current managing broker. Your broker will then go to the New Jersey Real Estate Online Licensing Services and inactivate your license.

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You earn an active New Jersey real estate salesperson license by meeting all of the right criteria. This includes passing the state licensing exam and working under the supervision of a managing broker. A managing broker must always supervise you if you hold a salesperson license.

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When you like your license to return to active status, you can have your license electronically updated by your managing broker through the Rec Brokers Portal. If you have transferred brokers, a $25 transfer fee is made payable by check or company credit card. You can also submit a paper transfer application.

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A salesperson license enables you to assist clients with the purchase, sale, and Lease of commercial and residential real estate. Your work has to be supervised by a managing broker. A broker license enables you to open up a real estate brokerage, hire employees, and manage a real estate business.

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The best way to check your license status is to go to the real estate commission's online licensing portal and use the Real Estate Licensee Search.

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To print a copy of your New Jersey salesperson license, first log in to Online Licensing Services (OLS). The main menu has a link about generating your license. You'll need to click on “email my individual license.” It will now show you how to view, save, print, or email your license.

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Disclosing Prior Criminal Activity in New Jersey

If you have been convicted of forgery, burglary, robbery, any theft offense other than shoplifting, criminal conspiracy to defraud, or similar offenses within the prior five years, your application will be denied.

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Disqualifying offenses include forgery, burglary, robbery, any theft offense other than shoplifting, criminal conspiracy to defraud, or similar offenses that have happened in the prior five years. Any convictions for shoplifting or revocation of a professional license for just cause may also be grounds for denial.

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After you pass your real estate licensing exam, you will be asked a series of screening questions. Disclose at this time any prior criminal activity. If the NJREC has any concerns about your qualifications, you will be given a chance to submit a written explanation for your screening question responses.

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You will disclose any prior criminal activity after you pass the real estate licensing exam. You will be asked a series of screening questions at this time.

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Getting Fingerprinted in New Jersey

Yes, New Jersey does require all real estate salespersons to be fingerprinted for a state and federal background check.

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Try to time your fingerprinting with your application submission. Start by filling out the required Universal Form. Next, online scheduling is highly recommended for booking your fingerprint location and time. You will directly pay IDEMIA a $66.05 fee for the background check. They accept Visa, MasterCard, and more.

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It usually takes about 7 to 10 days from the day you schedule the appointment to the actual appointment. After that, there is not a time estimate for how long the background check takes.

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How to Get a New Jersey Real Estate License

You must complete the following steps to earn your NJ Salesperson’s license:
1) Show proof of completing the 75-Hour NJ Pre-license Salesperson Course
2) Pass the NJ salesperson state exam
3) Submit fingerprints for a background check
4) Find a Managing Broker to work under and sponsor the license

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In total, it will cost as little as $520.05 to earn your New Jersey real estate salesperson license. These costs are spread out over the entire licensing process and not all paid upfront.

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Earn your NJ salesperson license in approx. 3 months.
1) Complete the 75-hour pre-license course online: 2-4 weeks.
2) Schedule and pass the NJ state exam: 1-3 weeks.
3) Submit fingerprints for a background check: 1-3 weeks
4) Be hired by a broker: 4-8 weeks
5) Apply for your license.

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During your pre-license course, you’ll take a series of quizzes and exams to check for understanding. The course ends with a final exam. Next, you’ll take the NJ state licensing exam. This is a required comprehensive exam with 110 questions.

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Your Managing Broker will go to the Online Licensing Services portal to submit the application on your behalf.

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New Jersey License Qualifications / Requirements

You must be at least 18 years of age before you can get a New Jersey salesperson license.

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Yes, New Jersey requires all salespersons to hold a high school diploma or its equivalent in education.

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There are no state residency requirements to earn a real estate salesperson license.

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You will find statutes and laws regarding New Jersey real estate in the New Jersey Statutes Title 45:15. Additional rules are in the New Jersey Administrative Code Title 11:5.

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New Jersey Real Estate License Renewal

Your managing broker will actually submit your real estate license for renewal. You do have to take two steps on your own. First is to fill out the qualifying questionnaire, and second, you have to turn in your continuing education credits.

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The renewal fee for a New Jersey salesperson license is $100. If you miss the deadline, reinstating your license will cost $150. If your continuing education is late, the commission charges a $200 late fee.

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Your New Jersey salesperson license is valid for two years. The license term ends July 1 of odd-numbered years.

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If you received your initial license during the first year of the NJ real estate license term, you must complete the 12 hours of continuing education to renew your license for the next turn. If you received your license in the second year of the license term, you are not required to meet this 12 hour requirement.

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You will need to make sure you complete the required continuing education credits applicable in the preceding license term before you submit an inactive renewal.

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Each license term, you must complete 12 credit hours of continuing education. Six of these 12 credits must be in the “core topics” as defined by the NJREC. The other six credits can be in electives or core classes.

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All of your continuing education must be completed and uploaded into the system by May 31 of the renewal year.

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Your license will expire and you will no longer be legally able to practice real estate in New Jersey. If you want to reinstate your license, you will have to fill out a reinstatement application and pay a late fee.

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Reinstating your salesperson license requires you to complete the continuing education credits applicable in the preceding license term. You'll need to answer the required qualifying questions online. Finally, your active broker of record will apply for your reinstatement by going to Online Licensing Services.

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New Jersey Real Estate Profession Questions

Holding a New Jersey salesperson license enables you to transact residential or commercial real estate on behalf of clients and be financially compensated for your work.

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A real estate license is required any time you wish to be paid for assisting others with buying, selling, or leasing any real estate in New Jersey.

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First, you need to submit a resignation letter to your current employer broker. They will go into Online License Services and deactivate your license. Next, your new managing broker must go into the system and request the transfer. There is a $25 transfer fee.

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New Jersey Reciprocity and Out-of-State Licensees

Unfortunately, New Jersey does not offer real estate license reciprocity with any state.

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New Jersey does not offer a path for currently licensed real estate professionals to earn a license through reciprocity. You'll have to follow the same steps as a new real estate salesperson.

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Most real estate salesperson applicants have to follow the exact same process, even if they are licensed in another state. If you are licensed in Florida, New York, or Pennsylvania, you could have some of the education requirements waived.

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You must follow all the same steps as a New Jersey State resident to earn a real estate salesperson license. If you are a salesperson who holds a license in Florida, New York, or Pennsylvania, you could qualify for an education waiver. Check out the requirements for a waiver for your state.

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RealEstateU Questions in New Jersey

Yes, Real Estate U is a recently approved pre-license course provider. We offer the 75-hour course for $249.

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Scheduling Your New Jersey Real Estate Licensing Exam

Yes, because New Jersey does not offer any reciprocity with any state, all salesperson applicants must take the state exam.

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Modifying your NJ state exam appointment must be done at least 48 hours in advance by calling 855-579-4624.

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No, you can’t take the required state licensing exam without showing proof you met the 75-hour education requirement. Your course provider will send your testing eligibility to the testing vendor PSI.

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Your testing eligibility is only good for one year. Not only is it only valid for one year, but you also need to apply for your license before that year is up. It’s highly recommended to schedule your licensing exam as soon as possible.

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You can schedule your exam directly by visiting https://www.psiexams.com/njre or calling 855-579-4624. Online scheduling is the fastest way to register for your exam.

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The NJ salesperson licensing exam fee is $45 paid directly to PSI. For online registration, they accept major credit cards (Visa, Mastercard, American Express, and Discover) or a JCB card.

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You will directly pay PSI, the state’s exam provider, using a credit card. PSI accepts Visa, Mastercard, American Express, or Discover cards and JCB cards. Other options include mailing a check, money order, or cashier’s check. Payment must be received in advance of the exam.

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Registering is fast and easy when done online. Visit https://www.psiexams.com/njre to set up an account, find test centers, create an exam appointment, and pay the fee.

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PSI examination centers are available in Brick, Cherry Hill, Hamilton Square Area, Linwood, New Brunswick, New Providence, North Brunswick, Northfield Area, Rochelle Park, and Secaucus. New Jersey also offers a remote proctored examination. Go to PSI online to find the specific address and location closest to you.

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Taking the New Jersey Real Estate Licensing Exam

The New Jersey Salesperson Pre-licensure Exam is a comprehensive exam asking questions on national and state real estate topics. There are 110 total questions, with the potential of 5-10 “pre-test” questions that do not count for your score.

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You will be tested on national and state real estate-related content. Topics include property ownership, land use controls, financing, market analysis, property disclosures and contracts, the NJREC, licensing, regulatory requirements, and state-specific regulations.

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You do not need to, but you can. If you choose to bring a calculator, it must be non-programmable, non-alphabetic, silent, and battery operated.

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You will need to bring (2) forms of identification. One must be state or federal government-issued, like a driver’s license or passport. The secondary form can be another primary ID or something which contains your signature, like a credit or debit card.

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PSI can accommodate testing modifications in accordance with the ADA. Anyone requesting accommodations must submit an accommodations request and accompanying documentation from a medical authority or specialist about their limitations.

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Personal items are not permitted in the test room. There is locker storage for wallets and keys. Food, drink, and smoking are not permitted. No electronic devices, including smartwatches, are allowed.

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Yes, you can take the NJ real estate licensing exam without being hired by a Managing Broker. You will need one to apply for your license.

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Yes. You have one year from passing your pre-license course to pass the state licensing exam, be hired by a Managing Broker, be fingerprinted, and submit your license application.

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At this point, you’ll have less than one year to be hired and submit your license application. You are only eligible for one year from the date you passed your pre-license course. Start interviewing with New Jersey Managing Brokers right away. You’ll also need to schedule fingerprints for a background check.

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You must submit your original PSI score report, signed by your employing broker, with your license application.

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New Jersey does not specify a limit on salesperson license exam retakes. Any retakes must be taken with your one-year eligibility window.

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The good news is you will know your NJ salesperson exam results right away! You leave the test center with an official score report and next steps information.

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Yes, you can retake the NJ real estate salesperson exam. You can’t schedule a retake at the testing center and must wait 24 hours before online or phone rescheduling.

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Wait 24 hours before logging in online. Go to the PSI website and follow the instructions to schedule your next exam attempt. You’ll need to pay the $45 exam fee again.

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Each time you take the New Jersey salesperson exam costs $45.

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