Nj Real Estate Salesperson Exam

Find A Sponsoring Broker

Now a word from our sponsor

Finally, youll need to find a sponsoring broker. Uhhh should I know what a sponsoring broker is? Nope, well tell you! So youve passed the exam but it doesnt mean youre ready just yet. When you first start out youll want an experienced organization to show you the ropes. Sponsoring brokers have been-there-done-that and theyre ready to show you how. Not only will they give you all the tools you need to start making sales but theyll help you market yourself as an agent.

Youll get to choose a brokerage you like, that focuses on a niche you love, that has a company culture you love, and most importantly has a good commission rate, so your paycheck is XL. Worried about finding a brokerage yourself? AgentAdvice helps with warm introductions to hiring brokerages if you sign-up for a class through us. Phew!

You have total freedom to choose your sponsoring broker. Heres some things agents look at when choosing a brokerage:

• Commission Rate
• Look at each brokerages commission rate when youre shopping around. If theyve got a good rate, your commission checks will be larger than life.

Thats all just to say that you have the freedom to choose a brokerage that fits you.

Mission Complete

Fingerprinting And Background Check

After passing your exam, the next step is to complete your fingerprinting and background check. The New Jersey Real Estate Commission requires that all applicants have a background check performed before they can become a licensed real estate agent in New Jersey.

To begin this process, download and fill up the New Jersey Universal Fingerprint Form. Following the completion of the proper universal form, contact the Live Scan fingerprint vendor for New Jersey to schedule an appointment.

The fee to complete your fingerprinting services is $66.05.

Completing and turning in your fingerprints will begin the background check process. The New Jersey Real Estate Commission will review any findings in your background report to ensure your eligibility. During this process, they may reach out to you to provide additional information or documentation to clear up any findings.

For those who have criminal offenses or judgments against them, theres a possibility that you may not be eligible for a real estate license in New Jersey. If this is the case, the candidate will be given the opportunity to submit a full, written explanation of their response.

Note:

Online/distance Learningcourses Now Available

NOTICE: In response to the COVID-19 disruption in real estate education the Department of Banking and Insurance has issued a new bulletin. Real estate prelicensure courses may now be taught in an online format, such as in a webinar, a virtual classroom, or by video conferencing. In response, the New Jersey Real Estate Institute will offer online pre-licensing classes in a Distance Learning platform effective April 27, 2020. Our list of Distance Learning Salesperson and Broker classes can be found on our website underSchedule Whether you want to:

• Take a NJ Pre-license course to start your career by getting your NJ Real Estate Salesperson License, or
• Upgrade your NJ Salesperson License to a NJ Broker-Salesperson License, or
• Finally get your NJ Broker License, or
• Just up-your-game by improving your Real Estate Education¹.

There IS a difference between real estate schools…YouNew Jersey Real Estate InstituteNJ Real Estate License

• We offer a Pre-license Salesperson class that will allow you to get your real estate license in as little as 2 weeks.
• We offer all the Brokers Courses with a flexible schedule that fits your calendar:

• We offer a Remedial Exam Prep and a Refresher Course:

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Start Your Licensing Education

Schools Back in Session

Youre required to take a pre-licensing education class where youll study the principles of real estate, contracts, and finance. Not a fan of school? Well, these classes just might change how you feel about school. You have so many options! Some of them are even entirely online which has huge advantages! Online classes means you can do them at your own pace and work them in around your own schedule even if you have a full-time job. Also, the classes are only a total of 75 hours! That may seem like a big number, but to get started in a new career, that number is just a speck in time.

But whats included in those 75 hours? Take a look at the curriculum and see for yourself:

• Ethics and Ethical Conduct
• Taxes, Mortgages, and Appraisals

That sounds scary and hard!

Dont be scared off by the vocabulary. This is what the classes are designed for. Theyll defang any confusing topics by breaking them down. Still scared? Trust me, you can do this. The pass rates after taking these classes are sky-high, typically over a 91% pass rate and the support these classes offer is amazing.

Students are always surprised how affordable these classes are. Take a look at the best real estate schools in New Jersey and see for yourself. If youre still looking for a way to save some dough, AgentAdvice offers a way to get yours for free.

Reviews For Online Nj State Required Real Estate Licensing Course Essentials

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Real Estate License Application

Once youve completed your exam and fingerprints, you can start with your license application.

The fee for this application is $160.

You can fill out your application online using New Jerseys Real Estate Licensing Services system. Please be advised that you can apply for a license through your sponsoring real estate broker.

If you dont want to submit your application online, it is possible to fill out a paper application instead. They have a printable PDF form of the New Jersey Application Form available online.

Note that if you choose to submit a paper application, there will be a longer processing time.

Where Can I Take The Nj Real Estate Licensing Exam

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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How Do I Go Through The Fingerprinting Process

All candidates for New Jersey Real Estate licenses are required to complete the fingerprinting process known as Live Scan as a condition of securing a real estate license. The State of New Jersey has contracted with a vendor, IDEMIA, to perform this service. The company has established permanent sites throughout the State as well as several mobile units available to meet their contractual agreement. In order to avoid problems with the expiration of their one year of eligibility for licensure and to make a timely filing, candidates MUST complete the fingerprinting process as soon as possible after passing the State examination. You can schedule a fingerprinting appointment here.

Evidence of completion of the fingerprinting process must include:

• A copy of the applicants completed Universal Form
• A copy of the payment receipt issued by IDEMIA, the Live Scan fingerprint vendor, at the time of completion of the fingerprinting

Njdobi New Jersey Department Of Banking And Insurance

Mailing Address:

New Jersey Department of Real EstatePO Box 328

Website:

Information on this page has been gathered by a multitude of sources and was most recently updated in July 2022.

Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state’s authority on insurance.

When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. Learn More

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How To Get A Real Estate License In New Jersey

Chris Linsell

Chris is a writer, coach, speaker, and technology analyst specializing in marketing, lead generation, transactional best practices, and everything in between. See full bio

Are you wondering how to get a real estate license in New Jersey? The process is relatively simple and begins with a 75-hour prelicensing course. You must be at least 18 years old and have a high school diploma to be eligible to get your license. Check out our step-by-step guide to get started and before you know it, youll be on your way to a fulfilling new career.

Excellent News: Online Nj Real Estate State Exam

NJ Real Estate Licensing Candidates can now take their State Examination remotely! Suppose you were thinking about getting your NJ Real Estate Broker License, or someone you know is seeking a career in real estate. Students can now take the course and exam online in a safe, secure, and convenient way.

Visit us at ncjsb.net to learn more!

The North Central Jersey School of Business , a wholly-owned subsidiary of NCJAR, provides flexible day and evening classes for pre-licensing and CE courses conducted by approved instructors. All NCJSB instructors are actively involved in the Real Estate industry and bring their real-world experience into the classroom. NCJSBs tuition fees are competitive, and NCJAR members receive special rates for many of its courses.

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Can I Become A Real Estate Agent In New Jersey Without Taking A Prelicensing Course

Yes, you can get your real estate license in New Jersey by filling out the waiver of education experience if you:

• Hold a valid real estate license in another state
• Have a bachelors degree or associate degree in real estate
• Have a valid real estate broker license in any state
• Are a practicing attorney-at-law in any state

What Is On The Real Estate Exam In New Jersey

You will find many terms, math, real estate vocabulary and questions specific to New Jersey on the real estate exam.

Every State has a portion of the exam that is specific to that State, New Jersey is no different.

We have consulted with the NJ Real Estate Commission and have identified all the exam factors.

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How Much Does It Cost To Get A Real Estate License In New Jersey

The initial license fee for a salesperson in New Jersey costs $160, while the renewal fee is $100. To complete the required background check and the fingerprint scan, you would need to pay a fee of $70.25.

Youll need to also enroll in a pre-licensing course prices vary in New Jersey because you must take an in person course or livestream it to comply with REC guidelines.

More Career Resources From The Close

Now that youve learned how to get a real estate license in New Jersey, we hope youll pursue this exciting new career and be successful. We are here to help you every step of the way, from getting your license to closing your first deal, and beyond.

You can to get our latest articles direct to your inbox. At The Close, our mission is to provide you with an actionable real estate strategy for every phase of your new career.

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What Is On The New Jersey Real Estate Exam

The 110 multiple-choice questions on the salesperson examination cover a variety of topics that are relevant to New Jersey real estate license law. Here are what topics you are expected to know:

New Jersey General Exam Topics:

New Jersey State Exam Topics:

New Jersey Real Estate Practice Exam

Here is are some practice questions youll find on your New Jersey Real Estate Exam.

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How To Get A New Jersey Real Estate License

Getting your New Jersey real estate license can seem intimidating, but its really not that hard once you know what to do. Weve broken down everything you need to know here including costs, timing, eligibility, and earning potential. Just follow these simple steps to get your New Jersey real estate license and start selling real estate ASAP.

Step 1: Take a New Jersey Real Estate Course

How Hard Is The New Jersey Real Estate License Exam

Sixty-three percent of candidates will pass the license exam on their first try. By sharpening your study skills and setting aside time to prepare, youll be able to pass the New Jersey real estate license exam.

For extra help, consider checking out exam prep packages from Kaplan. They offer affordable, targeted exam prep with expert-designed practice questions so you can pass the exam on your first try.

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Background Check And Fingerprinting Process

You cannot apply for a real estate license in New Jersey if you have not gotten your fingerprints taken. You should start that process immediately after you pass the licensing exam.

Below are the ways youll have to show proof youve had your fingerprints taken:

The law in New Jersey requires that a criminal history background check must be conducted on anyone that wants to apply for a real estate license.

Usually, an applicants fingerprints are used to check criminal history records with the FBI. As an applicant, if you feel the information provided about you by the FBI is inaccurate, you can challenge it.

Some relevant questions that are frequently asked about fingerprinting:

Q: If you have been fingerprinted in the State of New Jersey for another purpose, do you still need to undergo the process again?

A: Yes, you do. In New Jersey, sharing the criminal history record of a person is illegal. Fingerprints are taken for a particular purpose, it is not disseminated to serve other purposes.

Q: What should you take to the fingerprint scanning center?

A: There are many fingerprint scanning centers in New Jersey. These are the requirements you need to go with to any of the centers before your fingerprints can be taken. List of things to bring:

How Long Does It Take To Get My New Jersey Real Estate License

On average, it takes people three to six months to get their New Jersey real estate license. How long it takes will vary depending on how long your prelicense course takes and how long you need to prepare for the exam. You can complete prelicense courses in as quickly as two weeks if you go full time, and youre able to apply for the license exam immediately after passing your prelicense course.

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What Is The Cost Of Taking The New Jersey Real Estate License Exam

Applicants seeking to become real estate agents in New Jersey will incur two costs associated with the exam.

One is a registration fee. The other is the cost of meeting the pre-licensing education qualification for taking the exam.

So, how much is the real estate exam in NJ in total based on those two costs? A ballpark range is $388 to $538.

• You will pay $38 directly to the exam administrator PSI when registering.
• Look to pay between $350 to $500 for either an in-person or live virtual course.

What Kind Of Information Will I Learn To Help Me Get A Real Estate License In New Jersey

All Real Estate Express livestream courses are approved by the New Jersey Real Estate Commission. Once completed, you are eligible to sit for the New Jersey Real Estate License Exam.

The 75-hour pre-licensing course is delivered via livestream. Please view courses and packages below for the next upcoming livestream session or submit the form to be contacted about and enrolled in a future session. VIEW COURSES AND PACKAGES

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