Virginia Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
36 of the last 48 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 (45 hours, required)
- Real Estate Appraisal, Real Estate Finance, and Real Estate Law (45 hours each)
- Or two of those three plus one broker-related course
Principles course from salesperson education cannot count toward broker requirements.
Broker Examination
Exam Name
Virginia Real Estate Broker Examination
Provider
PSI
Format
125 questions (75 national worth 80 points; 50 state), 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 | $299.50 |
| Examination Fee | $60 |
| Background Check | $52 |
| Listed Fees | $411.50 |
Listed fees: $299.50 application + $60 exam + $52 fingerprinting = $411.50. Virginia salespersons upgrading pay $134.50 plus the exam and need no new fingerprints. Course costs are excluded.
$52 at PSI; Fieldprint pricing is not published
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
Confirm with provider
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
The regulation sets a $120 base renewal fee; DPOR adds a technology fee to certain fees, and the published renewal total was not found, so it is not certified.
Reciprocity Agreements
Holders of a current broker license from any state may qualify by passing the Virginia state portion with 180 hours of equivalent education and 36 of the last 48 months of active experience.
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