Real Estate Broker
Advanced license allowing independent practice and supervision of agents.
About the Real Estate Broker License
Real estate brokers can operate independently, own their own brokerage, and supervise sales agents. They have completed additional education and experience requirements beyond the agent license.
General Requirements
- Minimum Age: 18 years old (varies by state)
- Prior License: Active agent license in most states
- Experience: 1-3 years as licensed agent
- Additional Education: 60-360 hours (varies by state)
- Background Check: Required in most states
Exam Information
Exam Name: Real Estate Broker Exam
Provider: Varies by state (PSI, Pearson VUE, state-administered)
Format: More comprehensive than agent exam; National + State portions
Passing Score: Typically 70-75%
Career Outlook
Work Environment: Office management, client meetings, supervising agents
Compensation: Higher commission splits (often 70-100%); income from agent supervision
Career Advancement: Brokerage Owner, Real Estate Developer, Property Investment
Quick Tools
New to Real Estate?
Start your career as a real estate agent first. Most states require agent experience before you can become a broker.
Learn about Agent License →Broker License by State
Select your state to see specific requirements, experience needed, and upgrade path from agent.