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Become A Real Estate Agent In South Carolina
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.
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 GED.
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 3 0-hours of approved
post-licensing courses. To upgrade from a provisional salesperson license
to a regular salesperson license, the applicant needs to meet the above requirement
and pay a $25.00 fee.
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 GED.
Broker applicants need to successfully complete 150 hours of approved real estate
courses, and 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.
The examinations are held in Beaufort, Charleston, Columbia, Greenville, and Myrtle Beach, SC, and
in Charlotte, NC, by PSI, a professional examination company. 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.
South Carolina has reciprocity agreements with four states: North Carolina, Georgia, Kentucky
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 applicationsonline.
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 (http://www.nareb.com)
(NAREB), and the Association of Real Estate License Law Officials (http://www.arello.org)
(ARELLO). The National Association of Realtors (http://www.realtor.org)
(NAR), the world's largest professional association, assists many in locating
real estate jobs within the industry. These organizations are also excellent
resources for real estate education.
This portion of our website has been created for information purposes
only. It is our belief that all information presented here is accurate
as of today, however each state is constantly striving to protect
the public and provide more quality service to those using the services
of a Real Estate Agent. Change in Real Estate laws and regulations
is inevitable. The information presented here should be considered
a starting point and we encourage everyone to fully research any
information you are seeking.
To further assist you, we have included links to each state's
real estate licensing office, and also to the state's local Association
of Realtors site that provides current information on proposed real
estate license regulations in that area.
If you do find an error or have updated information, please contact
us and we will update our information accordingly.
