Question 1

What are the qualifications for a real estate salesperson's license?

Accepted Answer

To qualify for a Real Estate Salesperson's license in the State of New Jersey you must be at least 18 years of age, have a high school education or equivalency, complete a 75 hour pre-licensure course at a licensed school and pass the New Jersey examination. After passing the examination, you must apply for a license through a sponsoring Employing Broker within 1 year from the expiration of the school certificate.

Question 2

What is the process for taking the state exam?

Accepted Answer

Students will be able to register online for the state exam through PSI once the school has submitted their name having successfully passed the school test. Students will pick a date and location to sit for the state exam. Students must score a 70% or higher in order to pass the state exam. Students may retake the state exam as many times, as needed, with an additional exam fee each time.

Question 3

How soon after passing the real estate exam must I apply for the issuance of my initial license?

Accepted Answer

All applicants must apply for the issuance of their initial license within one year from the date of completing the real estate pre-licensing course.

Question 4

How do I go about getting a job working for a real estate brokerage?

Accepted Answer

Newly licensed agents are independent contractors and may interview to work at any real estate company in the State of New Jersey. Students of Absolute Real Estate School have guaranteed acceptance at Premier Homes Pros real estate agency.

Question 5

Are there any waivers of the education requirements?

Accepted Answer

If you are a Broker or Salesperson in another state, a disabled veteran, an attorney, have taken college courses in Real Estate, or have a degree in real estate, you may qualify for an education waiver. To obtain either a Broker or Salespersons education waiver package, click here for Waivers/Experience Reports.(http://www.state.nj.us/dobi/division_rec/licensing/recforms.htm#waivers)

Question 6

How soon must I take the state exam?

Accepted Answer

We recommend that you take the test as soon as possible after completing the course but you have 1 year from the time you complete the class to submit your license to a broker.

Question 7

Do I need to take the tests in the book?

Accepted Answer

You will be given several tests and quizzes throughout the course. The tests in the book help gauge your knowledge level and prepare you for the state test and it is recommended that you take advantage of all tests, quizzes, keyword matches, etc.

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