Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of South Carolina or anyone looking to become a real estate agent or realtor in South Carolina. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The South Carolina Real Estate Commission,
under the South Carolina Department of Labor Licensing & Regulation, handles all
aspects of the real estate licensing within the state. Their main office is in
Columbia.
The requirements
for a real estate salesperson license in South Carolina include being at
least 18 years of age and having a high school diploma or equivalent. Applicants need to
successfully complete at least 60-hours of approved real estate courses in real estate
fundamentals. The applicant needs to pass the real estate exams and then apply for a
provisional salesperson license within one year. A provisional salesperson needs to be
sponsored by a broker-in-charge, and during the first year of licensure must complete an
additional 30-hours of approved post-licensing courses.
The requirements
for a real estate broker license in South Carolina include being at least 21
years of age and having a high school diploma or equivalent. Broker applicants need to
successfully complete 150 hours of approved real estate courses, 90 hours of which may be
the hours required for a salesman's license. Broker applicants must have at least
three years of active licensed experience within the past five years preceding
application. The education courses may be waived if the applicant has a bachelor's degree
with a major in real estate, or a law degree. After passing the real estate examinations,
the applicant must apply for the broker license within one year.
You can view the
approved real
estate schools for prelicensure online, also the
approved
continuing education real estate schools, and the
post-licensing
courses.
Examinations are scheduled every Monday through Saturday in Beaufort, Charleston,
Columbia, Greenville, Myrtle Beach, S.C., and in Charlotte, NC. PSI is the
examination provider. The examination fee is $63.00.
Applicants for either the broker or salesperson license pay a $25.00 processing fee,
plus $10.00 for a credit report. After passing the examination, the salesperson applicants
pay a $25.00 license fee, and also pay $25.00 to upgrade from provisional status. After
passing the exams, the broker applicant pays $250.00 for a two-year broker-in-charge
license, or $125.00 for a two-year broker license.
When licenses are not renewed on time there is a $10 reinstatement fee, plus the
licensee must successfully complete 8 hours of approved continuing education courses in
order to activate the license. The licensee must also take an addition 8 hours of
continuing education courses before the next renewal date.
Real Estate Licensees are required to obtain eight hours of continuing education every
two years. The eight hours shall include a minimum of two hours of instruction in current
federal and state laws affecting brokers and salesmen (core courses).
South Carolina has reciprocity
agreements with three states: North Carolina, Georgia and West Virginia. All licensed
agents not from these states still need to meet the age, education, and experience
requirements of South Carolina. However, they might be exempt from the general portion of
the license exams.
You can locate the real estate forms and applications online.
Real estate careers are strengthened by membership in the many organizations that
provide services for the professional agent. Those holding a real estate license usually
join organizations like the South Carolina Association of Realtors,
the National Association of Real Estate Brokers (NAREB), and the Association of
Real Estate License Law Officials (ARELLO). The National
Association of Realtors (NAR), the world's largest
professional association, assists many in locating real estate jobs within the industry.
These organizations are also excellent resources of real estate education and legislation
proceedings.
South Carolina Real Estate Forms
|
South Carolina Reciprocity States
|
- Most real estate forms can be obtained online. Ones listed
below pertain to new salespersons and brokers.
|
- North Carolina
- Georgia
- West Virginia
(as of 2/23/2010)
|
South Carolina Approved Real Estate Schools Prelicensing and
Postlicensing Education
|
Community Colleges
Midlands Technical College
Spartanburg Community College
|
Private Schools
Fortune Academy of Real Estate (Various locations)
Hilton Head Real Estate School (Hilton Head)
Imperial Real Estate Academy (Sumter)
The Academy of Real Estate (York)
The United Real Estate School (Columbia)
Tom Daniel School of Real Estate (Charleston)
Wyatt Institute of Real Estate (Greenville)
|
Last Update: 3/1/2010
This list may not include all approved schools. Please visit the South Carolina Real Estate
Commission website for the latest list of approved real estate schools for prelicensure,
continuing
education, and post-licensing
courses. . |