Virginia Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
36 months of full-time experience (average 40 hours per week) as a licensed real estate salesperson
Alternative Pathways:
Experience must be verified by Principal or Supervising Broker.
Education Requirements
Complete 180 hours of broker-specific and broker-related courses. Each course must be at least 45 hours with monitored final exam.
Required Courses:
- Real Estate Brokerage course (45 hours)
- Real Estate Appraisal (45 hours)
- Real Estate Finance (45 hours)
- Real Estate Law (45 hours)
- Or substitute broker-related courses
Principles course from salesperson education cannot count toward broker requirements.
Broker Examination
Exam Name
Virginia Real Estate Broker Examination
Provider
PSI
Format
125 questions - 80 national, 50 state-specific, 160 minutes
Passing Score
60/80 national, 38/50 state
Exam Fee
$60
Retake Policy
Can retake failed section; fee applies per attempt
Fees
| Application Fee | $210 |
| Examination Fee | $60 |
| Background Check | $52 |
| Total | $322 |
Does not include pre-licensing course costs.
Timeline
Gain Experience
Complete 36 months as licensed salesperson
3+ years
Complete Broker Education
Complete 180 hours of broker courses
4-8 weeks
Pass Broker Exam
Pass the 125-question broker exam
1-2 weeks
Submit Application
Apply with experience verification
2-4 weeks
License Renewal
Renewal Cycle
Every 2 years
Renewal Fee
$120
CE Hours Required
24 hours
Online Renewal
Available
24 hours including: 6 hrs Broker Management, 2 hrs Broker Supervision, 3 hrs Ethics, 2 hrs Fair Housing, 2 hrs Legal Updates, 2 hrs Agency, 2 hrs Contracts, 5 hrs electives
Reciprocity Agreements
Virginia has reciprocity agreements with other states.
Virginia does not have formal reciprocity agreements but may recognize out-of-state education.
Quick Tools
Not a Broker Yet?
Start with an agent license if you don't have the required experience.
Virginia Agent License →