Maryland Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
3 years of active, regular, lawful practice as a licensed salesperson immediately preceding the application
Alternative Pathways:
- Attorneys qualified to practice law in Maryland may qualify for both the education and experience waivers
Experience must be verified prior to broker license issuance. A minimum weekly hour threshold is not certified here.
Education Requirements
Complete 135 hours of MREC-approved broker pre-licensing education, including a minimum 3 hours of real estate ethics.
Required Courses:
- MREC-approved broker pre-licensing courses (135 hours)
- Real Estate Ethics (at least 3 hours) - mandatory
Must present Certificate of Completion at the exam site. Original or notarized copies of transcripts required for PSI.
Broker Examination
Exam Name
Maryland Real Estate Broker Examination
Provider
PSI
Format
National and state portions, about 2 hours total
Passing Score
70% on both portions
Exam Fee
$44
Retake Policy
$44 per attempt. Candidates have one year from completing education to pass, then one year after passing to apply.
Fees
| Application Fee | $0 |
| Examination Fee | $44 |
| License Fee | $211 |
| Listed Fees | $255 |
Listed license and exam subtotal: license $211 + exam $44 = $255. Excludes the required credit report (variable, unverified cost) and course tuition, so this is not a complete cost. Broker issuance takes up to 14 business days.
A current credit report is required, but its price is variable and unverified and it is not a fingerprint fee. The background cost is unknown, so it is excluded from the listed total.
Timeline
Gain Salesperson Experience
Work as a licensed salesperson for 3 years of active, regular, lawful practice
3 years
Complete Broker Education
Complete 135 hours of MREC-approved broker courses
4-8 weeks
Obtain Credit Report
Get a current credit report (within 6 months) showing all public records
1 week
Pass Broker Exam
Take and pass the PSI broker examination
1-2 weeks
Submit Application
Submit the broker license application with documentation
Up to 14 business days for review
License Renewal
Renewal Cycle
Every 2 years
Renewal Fee
$191
CE Hours Required
15 hours
Online Renewal
Available
15 CE hours per 2-year cycle. Required topics: Legislative, Ethics, and Brokerage Relationships/Agency; brokers also complete a supervision course. NAR ethics is not a substitute for Maryland ethics.
Reciprocity Agreements
Reciprocal pathways with Pennsylvania and Oklahoma; other states may qualify by individual recognition. Contact the MREC Licensing Unit for details.
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