Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Vermont or anyone looking to become a real estate agent or realtor in Vermont. 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
Vermont
Real Estate Commission is an agency under the
Office
of Professional Regulation, of the Vermont Secretary of State's office. The
Commission administers all aspects of the real estate law within the state of
Vermont. The Vermont Real Estate Statutes may be viewed
online.
The requirements for a
real estate salesperson license in Vermont include being at least 18 years of age
and passing the real estate examinations. The salesperson applicant needs to be sponsored by a licensed Vermont broker
and be associated with that broker's office, and the license needs to be applied for within one year of passing the exams.
The requirements for a
real estate broker license in Vermont include being at least 18 years of age and
having successfully completed at least eight hours of approved real estate courses. The broker license applicant needs
to have at least one year of active experience as a real estate salesperson. The
proof of the active experience
shall be listing or selling at least six closed transactions during the year. The applicant needs to pass
the real estate examinations and apply for the license within one year.
Both applicants for the salesperson license and the broker license need to sign statements regarding
Child Support,
Taxes, and Unemployment Compensation Contributions as a part of the license application. The original license fee
is $50.00 for either a salesperson or broker license applicant.
Out-of-state broker or salesperson applicants must successfully complete an 8-hour broker course before they can
receive a Vermont license.
You can locate the approved real estate schools for prelicensure
online.
The real estate examinations are handled by
PSI
Examination Services out of Glendale, CA. Examinations can be scheduled online.
Real estate licenses in Vermont are issued for a two-year period and are renewed without further examinations.
All broker licensees need to complete at least 12 hours of continuing education courses during
the two-year period before renewal, and salesperson licensees need to complete at least eight hours
of continuing education courses. If the initial licensing period is less than two years, then the number
of continuing education courses required shall be prorated.
You can locate many of the
Vermont
real estate forms online.
Real estate careers are strengthened by membership in the many organizations
that provide services for the professional agent. Organizations like the
Vermont
Association of Realtors and the National Association of Real Estate
Brokers (
http://www.nareb.com)
(NAREB) assist many in locating
real estate jobs within the industry. The
Association of Real Estate License Law Officials (
http://www.arello.org)
(ARELLO) and The National Association of Realtors (
http://www.realtor.org)
(NAR), the world's largest professional association, are excellent resources for
real estate education and professional enrichment.
We also offer information and resources for Vermont Commercial Mortgage