Do you need to take a real estate license course again to be license somewhere when you already license in your own state? OR can you just go and take the state exam in that state to be licensed. this is for a sales license.
2006-10-15 15:54:39 · 11 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Depends on the level of "reciprocity" of the desired state has with the your home state where you are licensed. TN has that with 25 states, and there are variations from state to state. Check with the real estate commission of the state wherein you seek licensing for the specific requirements, they will be the issuing entity and answers herein carry no weight in the eyes of the law. You need to be right, not good intended.
2006-10-17 20:12:52 · answer #1 · answered by tnbroker1 3 · 0⤊ 0⤋
If you register with the National Association of Realtors online (it's free), you'll find their website offers specific information on reciprocity agreements between states.
http://www.realtor.org/libweb.nsf/pages/fg709
Some states do not cooperate with any others. They require that real estate broker and salesperson applicants study real estate laws specific to their state, and require background checks, completion of prelicensing education courses, successful examination testing, and payment of fees, all as a prerequisite to a state license being granted. They may also have a state residency requirement.
While some states do offer reciprocity to other states, they may still also require certification of certain knowledge, training, or real estate experience beyond just owning an active or valid out of state license. For example, they may require certification that the applicant passes a 3 hour Fair Housing course before he may register to take the exam. They may also have a residency or part time residency requirement.
Check for licensing requirements at the Department of State for the state you are considering, or check with that state's Board of Realtors for additional information not included in the above link from the National Association of Realtors. org.
2006-10-18 11:05:26 · answer #2 · answered by AngeloElectro 6 · 0⤊ 0⤋
Each state makes their own laws for licensing any professional, including real estate agents.
Most require a test, and few if any waive the test for out of state licenseholders. I'm not sure if any require a course at all, even for first timers.
I can tell you that the courses are designed to tell you the things you need to know to pass which are matters of law, not necessarily common sense, that will tend to vary from state to state.
For example:
Does the state require you to pay a buyer interest on the deposit/earnest money?
Is it permissible to represent both the Buyer and the Seller? If so, what must you do to prove "informed consent" of both?
What is the minimum amount of time you must put into the contract for the buyer to obtain a licensed home inspector? Must you put any at all?
Are "hubbard clauses" legal?
Is the contract legally binding without earnest money?
Take the course.
2006-10-15 16:07:09 · answer #3 · answered by open4one 7 · 0⤊ 0⤋
Although some states offer reciprocity on a short-term basis, you will probably have to take a state examination eventually. Many larger companies offer the courses needed free of charge in exchange for your promise to work for that firm when you are licensed. Virginia has become stricter about licensing since recent problems have surfaced with the real estate business.
2016-03-28 10:56:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Lu99 is right.
If you are currently a licensed real estate agent in the United States, your state may have a reciprocity agreement with other states.
"Reciprocity" is where another state (other than where you're currently licensed) will allow you to be licensed in their state without having to live there. For instance, there are 23 states that will allow me to obtain a real estate licensed in their state while living where I currently live.
You will have to contact the Real Estate Commission for each state where you want to apply. They may require you to obtain an Errors and Omissions insurance policy for that state. And they may or may not accept all of your current education. That's why it's important to check with each state.
But overall, if your state has a reciprocity agreement with other states, you could feasibly be a multi-state real estate agent without leaving your office. Great opportunity!
Good luck :o)
2006-10-15 19:10:26 · answer #5 · answered by TN_RealEstate 2 · 0⤊ 0⤋
It depends on the state. Check out the real estate commission or business licensing dept (there are different names in different states) in the state you plan on moving to. I had to retake the course in California even though I had been licensed in Idaho for several years.
2006-10-15 16:05:41 · answer #6 · answered by mykidsmom 2 · 0⤊ 0⤋
It just depends on the reciprical licensing laws that vary from state to state. You may only have to take a 40 question law test. Good Luck
http://www.jennsellsfast.com
2006-10-17 10:59:40 · answer #7 · answered by jenngiraldi 1 · 0⤊ 0⤋
Some states offer reciprocity. Check with the state that you would like to be licensed in to see if this is necessary. You may or may not have to retest.
2006-10-15 17:28:45 · answer #8 · answered by Lu99 1 · 0⤊ 0⤋
Depends on if the state you want to go to has a reciprocal agreement with the state youy are in. Check with your state real estate commission.
2006-10-16 03:12:50 · answer #9 · answered by Karen R 3 · 0⤊ 0⤋
Yes if you are outside of California and you wish to acquire a California Real Estate Lic. If it is another state check with them online.
2006-10-15 16:03:25 · answer #10 · answered by Dave C 2 · 0⤊ 0⤋