PSI DC: Licensing Requ ir em ents
w ith com plete ver ifi ed solu tions
(Gu ar anteed Su ccess )
General Activities that require a license - answer - Activities
performed for others for a fee
- Performing those activities without a fee likely doesn't require a
license
Certain activities exempt for needing a license - answer -
Individuals selling their own property
- Individuals helping another find an apartment
- Trustees
- Executors
- Public officers performing official duties
- Persons acting under the judgement or order of a court
- Certain property managers
- These individuals cant employ or supervise real estate
salespersons
Salesperson Qualifications - answer - Ability to read, write, and
understand English
, - Have a high school diploma/equivalent
- Completed 60 hours or pre-license education
- Be at least 18 years old
- Pass the salesperson licensing exam with 75%^
- Have never had a licensee denied
- Submit an application within 6 months of passing exam
Broker Qualifications - answer - Have 2 years of salesperson
experience
- Complete 135 Hours of broker Pre-licensing education
- Pass broker exam with 75%^
- Submit app within 6 months of exam
Continuing Education - answer - Both Broker & Salesperson must
complete 15 hours of continued education ever 2 years
Continuing Education 15 hours includes: - answer - 9 hours of
commission-mandatory courses
- 6 hours of general electives
- Licensees can get a 60 day extension with good cause
w ith com plete ver ifi ed solu tions
(Gu ar anteed Su ccess )
General Activities that require a license - answer - Activities
performed for others for a fee
- Performing those activities without a fee likely doesn't require a
license
Certain activities exempt for needing a license - answer -
Individuals selling their own property
- Individuals helping another find an apartment
- Trustees
- Executors
- Public officers performing official duties
- Persons acting under the judgement or order of a court
- Certain property managers
- These individuals cant employ or supervise real estate
salespersons
Salesperson Qualifications - answer - Ability to read, write, and
understand English
, - Have a high school diploma/equivalent
- Completed 60 hours or pre-license education
- Be at least 18 years old
- Pass the salesperson licensing exam with 75%^
- Have never had a licensee denied
- Submit an application within 6 months of passing exam
Broker Qualifications - answer - Have 2 years of salesperson
experience
- Complete 135 Hours of broker Pre-licensing education
- Pass broker exam with 75%^
- Submit app within 6 months of exam
Continuing Education - answer - Both Broker & Salesperson must
complete 15 hours of continued education ever 2 years
Continuing Education 15 hours includes: - answer - 9 hours of
commission-mandatory courses
- 6 hours of general electives
- Licensees can get a 60 day extension with good cause
