Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Tennessee or anyone looking to become a real estate agent or realtor in Tennessee. 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..

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The Tennessee Real Estate Commission is one of the regulatory boards under the Tennessee Department of Commerce & Insurance. The Real Estate Commission was created in 1951 to handle the licensing of agents within the state, and its main office is in Nashville.

The requirements for a real estate affiliate broker license in Tennessee include being at least 18 years of age and having successfully completed 60-hours of approved courses in real estate principles and fundamentals before taking the real estate exams. Brokers licensed as brokers after January 1, 2005, must complete continuing education requirements after completing postlicense education, including the core course.

The requirements for a real estate broker license in Tennessee include being at least 18 years of age and having held an active affiliate broker license for 36 months if licensed as an affiliate broker after May 12, 1988. The broker license applicant needs to have successfully completed 120 classroom hours of approved real estate education. 30 hours of these must be an 'Office/Broker Management' course. After completing the education requirements and passing the broker real estate examinations, the licensee must complete 120 additional hours of approved post-licensing courses before the third anniversary of becoming licensed.

Brokers licensed after January 1, 2005 need to complete continuing education requirements after completing the 120-hour post-license requirement. Most licensed applicants from other jurisdictions need to fulfill all of the above criteria that Tennessee applicants need to fulfill, unless the applicants home state has a reciprocity agreement with Tennessee.

A few other requirements pertain to all applicants. Persons who have been licensed in another state within the last five years must obtain a License Certification from that state. Anyone who has had a real estate license revoked or suspended in Tennessee or in another state probably will not be approved for a license. The commission does not approve the applications of anyone on parole or probation unless two years have passed from the date of expiration of probation, conviction, or release from incarceration. Once the two years have passed, the commission may issue a license on a one-year probation basis.

You can locate the approved real estate schools  for prelicensure and for continuing education online. Instructions for seeing a list of approved schools are located under the 'Licensing Resources' heading.

The real estate examinations are handled by PSI Examination Services out of Las Vegas, NV. The $55.00 examination fee is the same whether you take one portion or both portions of the exams, and whether you are a broker or an affiliate broker. The fee is nonrefundable and not transferable. You may register online for the exams.

Licenses are issued for a two-year period and expire on December 31, 2006 and every two years thereafter. The renewal fee is $80.00 and the renewal applications are due by November 1st. All renewal applicants need to provide proof of errors and omissions insurance. The premium for a two-year policy is $260.00.

Tennessee has reciprocity agreements with 13 other states, each which may have different qualifications. All applicants from other states need to provide errors and omissions insurance.

You can locate many of the real estate forms online, and others may be obtained through the Real Estate Commission.

Real estate careers are strengthened by membership in the many organizations that provide services for the professional agent. Organizations like the Tennessee Association of Realtors and the National Association of Real Estate Brokers  (NAREB) assist many in locating real estate jobs within the industry. The Association of Real Estate License Law Officials (ARELLO) and The National Association of Realtors (NAR), the world's largest professional association, are excellent resources for real estate education and professional enrichment.

Tennessee Real Estate Forms	Tennessee Reciprocity States
Most real estate forms can be obtained online. Ones listed below pertain to new salespersons and brokers. Tennessee Broker Examination Application Sample E&O Policy Real Estate Certification Form Request for Waiver of Escrow Account	Arkansas Connecticut Georgia Iowa Louisiana Massachusetts Mississippi New Mexico North Carolina North Dakota South Dakota Virginia West Virginia (as of 2/23/2010)
Tennessee Approved Real Estate Schools Prelicensing and Postlicensing Education
Community Colleges Columbia State Community College Cumberland University East Tennessee State University Motlow State Community College Pellissippi State Community College Southwest Tennessee Community College University of Memphis University of Tennessee Volunteer State Community College Walters State Community College	Private Schools Career Institute (Woodbury) Chattanooga Association of Realtors (Chattanooga) D&D School of Real Estate (Johnson City) Lakeway Area Association of Realtors (Morristown) Little Red School of Real Estate (Rogersville) Professional School of Real Estate (Knoxville) Tennessee Association of Realtors (Nashville) Tennessee Technology Center (Crossville)
This list may not include all approved schools. Please visit  the Tennessee Real Estate Commission website for the latest list of approved real estate schools.