Set forth below is a general description of the requirements for licensure as a New Jersey real estate salesperson or broker. To qualify for a real estate salesperson's license an applicant must be 18 years of age or older, have a high school education or equivalency, complete a 75-hour prelicensure course at a licensed school and pass the license examination. After successfully completing the course and passing the examination the applicant must apply for a license through a sponsoring real estate broker. In addition the Commission must be satisfied as to the applicant's honesty, trustworthiness, character and integrity. To qualify for a broker's license an applicant must have a high school education or equivalency and must successfully complete 150 hours of prelicensure education. Applicants must first complete a 90-hour general real estate course, and then two 30-hour courses on Agency/Ethics and Office Management and related topics. In addition, applicants must have been continually licensed and employed on a full-time basis as a New Jersey real estate salesperson for the three years immediately preceding application. After completion of all three courses applicants must submit to the Education Qualification Section of the Commission their completed school certificate and a completed Experience Report For Broker Applicant form. Following review and approval, the applicant will be mailed a Certificate of Examination Eligibility, which may be used to make a reservation to take the Broker license examination. An applicant must pass the broker license examination and apply for and request the issuance of a license as a broker or broker-salesperson not later than one year after their successful completion of the broker prelicensure education requirements. If an applicant has ever been convicted of a crime, or is currently on parole or probation their application for a real estate license may be denied. See N.J.S.A. 45:15-9, 45:1512.1 and 2A:168A-1 et seq. If you are a disabled United States Veteran and a citizen of New Jersey, it may be possible to secure waivers of the education and experience requirements for licensure. Please contact the Commission's Education Waiver Section at 609-292-7272 for details. New Jersey does not have reciprocity with any state. If you have any questions regarding the above please do not hesitate to contact the Commission at 609-292-7272. |
FAQs
To qualify for a Real Estate Salespersons license you must be at least 18 years old, have a high school education or equivalency, complete a 75 hour pre-licensure course at a licensed school and pass the New Jersey examination.
How many questions are on NJ real estate salesperson exam? ›
How many questions is the real estate exam in New Jersey? The New Jersey Salesperson Pre-licensure Exam is a comprehensive exam asking questions on national and state real estate topics. There are 110 total questions, with the potential of 5-10 “pre-test” questions that do not count for your score.
How hard is the real estate exam in NJ? ›
Despite what you may have heard, the NJ Real Estate Exam is more intimidating than difficult–in fact, it has a pass rate of approximately 70%, which means only 3 out of 10 people who take it will fail. On the first try, it still has a pass rate of roughly 60%.
How do I pass my NJ real estate exam? ›
Top 10 Tips for Passing the Real Estate Exam
- Do as many practice real estate exam questions as you can. ...
- Start by only answering questions that are extremely easy. ...
- Look at the answers first. ...
- Do not choose an answer you have never heard of! ...
- Work backwards to the correct answer. ...
- Skip questions you don't know the answer to.
To qualify for a real estate salesperson's license an applicant must be 18 years of age or older, have a high school education or equivalency, complete a 75-hour prelicensure course at a licensed school and pass the license examination.
What is the hardest part of the real estate exam? ›
The area of the exam that is considered the most challenging varies from person to person, but many people find that the Practice of Real Estate and Disclosures section is the most difficult. This section takes up 25% of the exam and has between 37-38 questions to answer.
Is the NJ real estate exam open book? ›
No, the real estate license exam administered across different states is not open-book.
Why is the NJ real estate exam so hard? ›
The exam covers overwhelming amount of information including contract law, license law, valuation and mortgage finance. While none of the material is difficult to understand, the sheer volume makes the material hard to retain and apply without diligent study.
How many times can you fail the NJ real estate exam? ›
How Many Times Can I Take The NJ Real Estate Exam? You can take the NJ real estate exam three times.
Which real estate exam is the easiest? ›
The state of Massachusetts takes gold for the easiest real estate exam. Massachusetts not only has one of the shortest pre-licensing courses, but at 120 questions, it is among the states with the shorter real estate exams. The Bay State also provides candidates ample time to tackle questions with a long exam duration.
The NJ real estate exam is available to be taken onsite or online through an online proctor. Onsite and online exams are administered by PSI.
Is the NJ real estate exam multiple choice? ›
The test durations for the real estate license exams in New Jersey are as follows: Salesperson: 4 hours – 110 multiple choice questions. Broker: 4 hours – 120 multiple choice questions.
How many questions are on the NJ broker exam? ›
To pass the New Jersey Real Estate Broker Exam, you need to correctly answer at least 70% of the total 115 questions within a time limit of 4 hours. In terms of numerical scoring, the passing score is 84 out of 120 points.
How to get a broker license in NJ? ›
You must be a licensed salesperson in New Jersey and have worked as such on a full-time basis under the direction of a broker for the 3 full years immediately preceding application. You are required to take 150 hours of broker prelicensure education. The 90 hour broker general course must be completed first.
How fast can I get a real estate license in NJ? ›
Estimated Timeline to Get a Real Estate License in New Jersey
| Time frame | Step |
|---|
| 1 day | Take the exam. |
| 10+ weeks | Submit license application and schedule fingerprinting. |
| 1 day | Receive your real estate license. |
| 2-6 weeks | Continuing education courses (required every two years). |
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Your pre-license education provider will provide your eligibility, electronically, to PSI upon successful completion of the course requirements. The fee to take the exam is $45 per attempt. The New Jersey Real Estate Exam consists of 110 questions. You will have 240 minutes (4 hours) to complete the entire exam.
What is the pass rate for the NJ real estate exam? ›
If you decide to retake the exam, use this as a guide for your studies. The passing rate for the New Jersey Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously.
How many people pass the NJ real estate exam? ›
The fact is, at best, only about 63% of salesperson license students pass the New Jersey real estate exam on the first try. When we look out at our pre-licensing class of 20 students, that means—statistically—that at least seven of them will not pass the exam on the first try.
Can you take the NJ real estate exam online? ›
The NJ real estate exam is available to be taken onsite or online through an online proctor. Onsite and online exams are administered by PSI.
