Nj Real Estate Salesperson Exam

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Find A Sponsoring Broker

New Jersey Real Estate Exam 2020 (60 Questions with Explained Answers)

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.
  • Maybe you want a brokerage that focuses on a niche on a location or a specific category of real estate like commercial retail, single family homes, or fixer-uppers. So if you have a specific interest you can find a broker who shares that interest.
  • 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.


    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 schoolsYouNew 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:

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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

    New Jersey Real Estate Exam Prep
  • Kate

    April 6, 2021

    This online real estate education is the perfect fit for just about anyone. The flexible schedule was perfect for online learning, Miss Cora was a pleasure to learn from. The entire staff was always available to answer questions and provide help for any problems or concerns that we came across. The technology was straight forward and easy to use. Thank you for helping me start my new career!

  • Patricia R

    January 27, 2021

    The Center is outstanding and the wonderful teachers. Especially Ms. Coura has an amazing way of breaking things down so that they are understandable. Thank you for giving me a new beginning.

  • Patricia Rene

    January 27, 2021

    The Center is outstanding and the wonderful teachers. Especially Ms. Coura has an amazing way of breaking things down so that they are understandable. Thank you for giving me a new beginning.

  • Dany N.

    November 24, 2020

    Staff and all teachers are the best. Dont waste your time looking elsewhere. Tim is the Man!!!

  • JennNikole

    November 24, 2020

    I have been taking classes for about a week and a half now with the instructor, Tim. He is GREAT! Every class is interesting and he is able to give so many real life examples to help the students understanding. I would highly recommend Center for Real Estate Education if you are interested in getting your license!

  • Paul L.

    November 24, 2020

    I would recommend this center to anyone thinking about getting in real estate. The classes are taught by knowledgeable professionals.

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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

    New Jersey Real Estate Exam – 2022 ð? (70 Questions with Explained Answers)

    Mailing Address:

    New Jersey Department of Real EstatePO Box 328


    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

  • Career Resources
  • 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 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

    Real Estate License Practice Exam Nj

    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:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • New Jersey State Exam Topics:

  • New Jersey State License Law
  • New Jersey Real Estate Commission
  • New Jersey Real Estate Prohibited Practices
  • Statutes and Rules Governing Licensee Activities
  • New Jersey Real Estate Practice Exam

    New Jersey Real Estate Exam Questions

    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:

  • One copy of the payment receipt that was offered by the Live Scan fingerprint vendor is called IDEMIA. It is usually given after the completion of the fingerprinting process.
  • One copy of the candidates completed universal form.
  • 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

    Nj Real Estate Exam Cheat Sheet ~ Cheat Sheet

    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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