Polley Associates Logo Real Estate Broker License (Pre-Broker)
Header Top Curve

 

Polley Associates' Broker License Requirements

 

 

Pennsylvania Broker License Requirements

3 years' experience. 240 hours of education. Points. An exam.

To become a licensed broker in Pennsylvania one must: 
  • Be 21 years of age or older;
  • Complete 240 hours of education. See education below.
  • Download a Broker Examination Approval Application form, SPOA 2103, from the the Pennsylvania State Real Estate Commission. Complete it and submit with fee, transcripts and summary of experience. See experience below.
  • Await notification of application approval and authorization to sit for the Broker Examination.
  • Pass the Broker’s Examination. Once this exam is passed, licensees may become Associate Brokers (working under the supervision of a broker of record or sole proprietor) or become a broker-of-record or a sole proprietor.

Education

A high school diploma or its equivalent is required.

Applicants additionally must earn 16 credits (240 hours) of specialized real estate education. Fifteen (15) hours of instruction yields one (1) credit; 30 hours, 2 credits; 45 hours, 3 credits. Most Polley Associates' broker courses are either 15- or 30- hour courses. College degrees are NOT applicable unless the degree major is real estate, or course work equivalent to a major in real estate, or a juris doctor degree.

  • Due to changes promulgated by the Pennsylvania State Real Estate Commission, candidates for a Pennsylvania Broker’s License must take:
    • Two (2) of their required 16 course credits in a Commission-required Real Estate Office Management course, and two (2) more of the required 16 in a Commission-required Real Estate Law course.
    • At least six (6) of the remaining 12 credits shall be in three or more of the Commission-developed courses listed in this paragraph:
      • Real Estate Law
      • Non-Residential Property Management
      • Real Estate Finance
      • Real Estate Sales
      • Real Estate Investment
      • Residential Construction
      • Real Estate Office Management
      • Valuation of Residential Property (online edition ONLY)
      • Residential Property Management
      • Basic Appraisal Procedures
      • Basic Appraisal Principles.
    • The remaining six (6) credits shall be in Commission-approved real estate courses, but not necessarily those listed in the above paragraph. They include, but are not limited to:
      • Accredited Buyer Representation
      • Seller Representative Specialist
      • NAR Green Core Course
      • Accredited Luxury Homes Specialist
      • Senior Real Estate Specialist
      • Commercial Real Estate Development
  • A maximum of only four credits will be allowed for each course and/or area of real estate study. [Per Pennsylvania Real Estate Rules And Regulations 35.271 (b) (4).]
  • Candidates may not apply credits used to qualify for the salesperson’s examination (for example, from real estate sales license courses Real Estate Fundamentals or Real Estate Practice) toward fulfillment of the broker education requirement.

Experience

Applicants must have completed 3 years as licensed salespersons before applying to become a broker.

During their experience as real estate salespersons, broker candidates are expected to have accumulated a minimum of 200 experience points. Generally, points are awarded for each transaction initiated and successfully completed by the candidate. The point system is occasionally revised by the state Real Estate Commission. Check its website for the most current specifics.


Broker License: Home | About | Benefits | Courses Overview | Enroll | Helpful Courses | News | Requirements | Schedules
Polley Home | Sales License | Broker License | Continuing Education | Online Courses | Designations | Related Careers | Enroll Now | Site Map

 
© Copyright 2008. PolleyAssociates.com
  Web template provided by MyFreeTemplates.com