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The testing vendor will process the information and send the applicant a Candidate Information Bulletin with instructions on scheduling the exams. The applicant must pass the State and National portions of the Ohio Real Estate exam in order for a license to be issued. Passing score: 70. Completing the Application. Be sure to complete the following:
- Requirements for an Ohio Real Estate Salesperson’s License
Real Estate Appraisal (20 hours) Real Estate Finance (20...
- Requirements for an Ohio Real Estate Salesperson’s License
Real Estate Appraisal (20 hours) Real Estate Finance (20 hours) Please note: Any person who has not been licensed as a real estate salesperson or broker within a four-year period immediately preceding his/her current application for the salesperson’s exam must have completed the above instruction within a 10-year period immediately preceding ...
Jul 15, 2024 · To get a real estate salesperson license in Ohio, you will need to pay $81 for submitting your license application, approximately $60 for the state mandated background check, and $63 for the state and national portions of the licensing examination.
- Ohio State Requirements: Broker Licensing
- Salesperson Post Licensing Education
- Salesperson Continuing Education
- Broker Post Licensing Education
- Broker Continuing Education
- New Mandatory Management CE Course
Educational Requirements to Obtain a Broker’s License:
The applicant must hold an active salesperson license for two (2) of the last five (5) years and comply with the following requirements: 1. If licensed prior to 1/01/1972, no further education is due 1. If licensed from 1/02/72 to 1/03/84, you must have taken the required 120 hours (courses #1 – 4 listed below) 2. If licensed on or after 1/03/84, you must have taken courses #1 – 8 listed below and possess a minimum of two years of post-secondary education (#9), or the equivalent hours of sixt...
Education Requirements
1. Ohio Real Estate Law (40 hours) 2. Ohio Real Estate Principles & Practices (40 hours) 3. Real Estate Appraisal (20 hours) 4. Real Estate Finance (20 hours) 5. A Financial Management course 6. A Human Resources or Personnel Management course 7. An Applied Business Economics course 8. A Business Law course 9. A minimum of two years of post-secondary education, or equivalent hours of (60) sixty semester or (90) ninety quarter hours. Courses #5 – 8 may be included in your post-secondary educat...
Experience Requirements...20 Transactions
The Division calculates the transactions to ensure the applicant meets a total of twenty by using the following formulas: 1. Listing agent in the sale of property owned by another = ½ transaction 2. Selling agent in the sale of property owned by another = ½ transaction 3. Listing agent in the lease of commercial or industrial real estate owned by another for a term of at least one year = ½ transaction 4. Procuring agent in the lease of commercial or industrial real estate owned by another for...
Not earlier than the date of issue of a real estate salesperson’s license to a licensee, but not later than twelve months after the date of issue of a real estate salesperson license to a licensee, the licensee shall submit proof satisfactory to the superintendent, on forms made available by the superintendent, of the completion of 20 hours of clas...
Educational Requirements to renew a Salesperson License: 1. Ohio requires 30 hours of continuing education to be completed every three years by the licensee’s birthday. The first continuing education due date for a new licensee is three years after the licensee’s first birthday following licensure. The 30 hours must include 9 hours in 3 separate ma...
No later than twelve months after the date of issue of a real estate broker’s license to a licensee, the licensee shall submit proof satisfactory to the superintendent, on forms made available by the superintendent, of the completion of ten hours of classroom instruction in real estate brokerage at an institution of higher education or any other in...
Educational Requirements to renew a Broker License: 1. Ohio requires 30 hours of continuing education to be completed every three years by the licensee’s birthday. The first continuing education due date for a new licensee is three years after the licensee’s first birthday following licensure. The 30 hours must include 12 hours in 4 separate mandat...
Included in the report of the Ohio Licensing Structure Task Force was a finding that additional education is necessary for those persons involved in the operation and management of a brokerage to ensure that they are knowledgeable about their license law obligations as well as other issues involved in running a successful real estate business. To a...
Ohio state laws stipulate that a person may not act as a real estate salesperson or broker without first obtaining a license issued by the Division of Real Estate & Professional Licensing. To be licensed, you must pass an examination to confirm that you have attained at least a minimum level of knowledge regarding the principles, practices, statutes, and regulations relating to real estate.
Key Information About the Ohio Real Estate Salesperson Exam. Exam administrator: PSI Services. Cost of the Ohio real estate salesperson exam: $63 (for Ohio and national exams) Number of questions on the exam: 120 multiple-choice questions. Time allocated for the exam: 180 minutes. Passing score: 70%. Testing locations:
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May 24, 2023 · What Is on the Ohio Real Estate Exam? The Ohio real estate salesperson licensing exam has two parts to it. One will consist of 80 national based questions and the other will consist of 40 state specific questions. In total, there are 120 multiple-choice questions with a total allocated time of 180 minutes (3 hours) to complete.
