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FREQUENTLY ASKED QUESTIONS

 

Q: What does it take to become a licensed Real Estate Salesperson in the State of New Jersey?

  • Be a citizen of the United States or a legal resident thereof.

  • Be at least 18 years of age.

  • Have a high school education or equivalency.

  • Be of good moral character

  • Complete a 75 hour pre-licensing course at an approved school.

  • Pass both the school and the state pre-licensing exams.

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Q: How do I register at Terrie O’Connor Realtors Real Estate School?

  • Choose either a day or evening class options, and register online or in person.  Contact us via email or phone if you need help.

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Q: What are the course requirements?

  • Students must attend 80% of the 75 hours in order to sit for the school exam.

  • Make up class options are available for up to 1 year and test retakes are an option.  (See School Policies and Procedures).

  • Students must successfully pass the school exam with a 70% score or higher in order to move on and sit for the state exam.

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Q: What is the process for taking the state exam?

  • Students will be able to register online for the state exam through PSI once the school has submitted their name having successfully passed the school test. Students will pick a date and location to sit for the state exam. Students must score a 70% or higher in order to pass the state exam. Students may retake the state exam if needed, and may come back to the school to sit in on other available classes.

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Q: What do I do after I pass the state test?

  • Students must complete a fingerprinting process through IndentoGo.
     

Q: How do I go about working for a Real Estate Brokerage?

  • Newly licensed agents are independent contractors and may interview to work at any real estate company in the State of New Jersey.
     

Q: What is the difference between a Salesperson and a Broker in the Real Estate industry?

  • If you are looking for a career in the Real Estate business, you need to start as a licensed Real Estate salesperson, often referred to as a real estate agent or sales associate. Every salesperson in the State of New Jersey must work under a licensed Real Estate Broker of Record. It is not necessary to become a Broker to practice real estate in New Jersey. Salespeople who wish to become a Broker must successfully complete the following additional requirements:

    • Have been continually licensed and employed on a full-time basis as a New Jersey real estate salesperson for 3 years immediately preceding an application.

    • Complete the course requirements:

      • 90 hour General Broker’s Course

      • 30 hour Agency and Ethics Course

      • 30 hour Office Management Course

      • Pass the New Jersey State Broker’s Licensing exam.
         

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