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Sep 5, 2024 · To get a real estate broker license in Pennsylvania, you will need to pay $137 to the Pennsylvania Real Estate Commission for submitting your license application, and $49 per exam section for the state licensing examination to Pearson VUE. You will also need to cover the cost of the required prelicensing education, which will vary depending on ...
Real Estate Broker. A Real Estate Broker is an individual or entity holding either a standard or reciprocal license, that, for another and for a fee, commission or other valuable consideration, does one or more of the following: Negotiates with or aids a person in locating or obtaining for purchase, lease or acquisition of interest in real estate.
Initial Licensing Fee: Application and license fees vary based on the type of license: Broker Sole-Proprietor = $169.50. Broker Corporation, LLC, or Partnership = $179.50. Broker Multi-licensee (Broker of Record) = $119.50. Associate Broker = $97.00. Broker Examination Fee = $40.00.
The Commission establishes requirements for continuing education to be met by licensed real estate brokers and real estate salespersons as a condition of license renewal. Also, any school which offers instructions in real estate must obtain the Commission’s approval and follow the rules and regulations of the Commission. Laws & Regulations
The fixed costs include: $49.00 for the Broker exam fee. $169.50 Broker Sole-Proprietor application and license fee. The variable costs include: Pre-licensing education tuition. Note: These costs are subject to be changed by the state at any time.
The Pennsylvania State Real Estate Commission grants and renews licenses to persons who bear a good reputation for honesty, trustworthiness, integrity and competence to transact the business of broker, salesperson, cemetery broker, cemetery salesperson, campground membership salesperson, time-share salesperson, builder-owner salesperson or rental listing referral agent, in such a manner as to ...
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Jul 23, 2024 · The cost of obtaining a real estate license in Pennsylvania includes several components: pre-licensing education from an approved real estate school (which typically costs several hundred dollars), a $49 exam fee (for each of the state and national portions), and a $97 initial application fee.
