Delaware Real Estate Associate Broker / Broker License requirements

Follow these steps in order. Deadlines and affiliation requirements can make a passed exam unusable if they are missed.

1. 1

   Log five continuous years and 30 eligible transactions

   Supervising broker signs the listing. Timeshare and property management do not count. Broker of record also needs three years of active practice immediately preceding.

2. 2

   Complete the 99-hour Delaware broker curriculum at 75 percent

   Not the salesperson 99. Distance allowed. This course also satisfies that biennium’s 21-hour / 7-module CE.

3. 3

   Pearson $88 — broker 80 national + 50 Delaware law, three-attempt fuse

   Scaled 70. 10 broker-only state items. File within 12 months of the course.

4. 4

   DELPROS: $229 associate broker or $248 broker, Guaranty Fund if not already paid

   Associate broker hangs under a broker of record. Broker of record files the office permit and a Delaware-bank escrow account.

Minimum age

18 years old

Identification

A Social Security number is required. An ITIN is not confirmed as a substitute.

Residency and identification

Five continuous years of active licensure in Delaware or any combination of jurisdictions immediately preceding (2900 § 3.1.1). Broker of record also needs three years of active practice immediately preceding (§ 4.1.1). A Delaware office needs a Delaware-bank escrow account. Reciprocal associate brokers and brokers sit the Delaware-law paper; the 30-transaction list still attaches for reciprocal associate brokers (§ 5.2).

Qualifying education

Not the salesperson 99. Brokerage (sales management and business management) 30 including organizing an office, recruiting, advertising, MLS, multi-offer, broker responsibilities for escrow and associates, risk reduction / E&O, budgeting; Real Estate Documents 6; Valuing Real Property 6; Financing 9; Landlord-Tenant / property management / condominiums 9; Legal and governmental aspects 15 (license law, fair housing, agency, environmental, zoning, surveys, transfer tax); Real Estate Investment 12; Ethics 6; Math 3. School end-of-course examination 75 percent, one retake (2925-6.6). Distance allowed (6.8). Instructors: Delaware real-estate attorney, practicing Delaware broker or associate broker, mathematics instructor (6.9). Out-of-state broker pre-licensing hours may count toward the course-hour requirement if the applicant is actively licensed as a broker in that jurisdiction (2900 § 3.1.2). Completing this course satisfies Modules 1–7 CE for that biennium (14.11.1).

Education or filing deadline

Apply within 12 months of completing the broker pre-licensing course (2900 § 3.1.4). Pre-licensing courses included in § 3.2.1 are exempt from that 12-month fuse. After 12 months, add prorated CE. Three Pearson attempts, then retake this 99-hour broker course. DELPROS drafts still die at six months.

Character review

Same § 2907 review and § 16.0 crime list as salesperson applicants. License history from every jurisdiction, dated within 30 days.

Background process

As DELPROS currently names it on the associate-broker / broker application. Same disclosure file as salesperson.

Experience

Associate broker: five continuous years actively licensed as a salesperson and/or broker immediately preceding, plus 30 sale or lease transactions in those five years (timeshare and property management ineligible). Broker of record: that file plus three years of active practice immediately preceding (24 Del. C. § 2907(d); 2900 §§ 3.1, 4.1).

Broker affiliation

Associate broker still hangs under a broker of record (Statement of Broker of Record; office permit if in DE). Broker of record is the person 24 Del. C. § 2907(d) holds responsible for day-to-day management and supervision of a brokerage organization, commonly called broker of record. A new Delaware office files the Broker application and the Real Estate Office application together. An established office needs a letter from the current broker naming the replacement, or a letter of explanation. Escrow must be in a bank with an office in Delaware, in the brokerage name that matches the license including any d/b/a (2900 § 6.4–6.5). Designated On-Site Supervisor at a branch: five years of continuous real estate services experience (2900 § 1.3.3).

Pearson VUE, $88, handbook #090800. Apply to DELPROS after passing. Request Pearson to send broker scores directly to the Commission office (DPR broker page). · Fee: $88

Maximum three attempts to pass both broker papers, then retake the 99-hour broker pre-licensing course (2900 § 3.1.3). Failed-portion retakes within one year of completing the broker course. 24-hour wait. Reciprocal applicants sit Delaware law only after the Client Waiver.

These are commission or testing-vendor amounts we can cite. School tuition and optional preparation products are private-market prices.

DPR fee schedule: associate broker original $229 / reinstatement $344; broker original $248 / reinstatement $372; main and branch office $192; Guaranty Fund $25 if not already paid; change broker type $65; transfer $30. Pearson $88. Same April 30 even-year renewal. Processing fees are non-refundable.

• !

  Treating salesperson 99 as the broker course

  Different 99 hours, different school cut (75 versus 70), different CE consequence, different Pearson state paper (50 versus 40, plus 10 broker-only items).

• !

  Counting timeshare, property management, or related deals toward the 30

  Ineligible. The list must be signed by the supervising broker and include dates, addresses, and party names (2900 § 3.2.4).

• !

  Applying as broker of record without a Delaware-bank escrow account

  2900 § 6.4: escrow in a bank with an office in Delaware, brokerage name matching the license including d/b/a. Associate broker does not skip the hang under a broker of record.

• !

  Assuming the three-attempt fuse does not apply to broker papers

  2900 § 3.1.3 is a broker rule. Third fail and you retake the 99-hour broker course, not the salesperson course.

• !

  Paying Guaranty Fund twice, or using salesperson $149 on a broker file

  Fund is once. Associate broker is $229; broker is $248; office is $192.

Reciprocal associate broker / broker: Delaware-law Pearson paper, Pearson sends scores to the Commission, plus the 30-transaction list for associate broker (§ 5.2) and the broker-of-record extras in §§ 4.2 and 5.3. Out-of-state broker courses of at least 99 hours can satisfy 18 CE hours (Modules 1–4 and 6–7) without making you a Delaware broker (14.11.2).

Does salesperson 99 count as broker education?

No. 24 Del. Admin. C. 2925-6.0 is a different 99 hours with a 75 percent school final. Completing it does satisfy that biennium’s 21-hour / 7-module CE (2900 § 14.11.1).

Associate broker versus broker of record?

Associate broker: five continuous years, 30 transactions, 99-hour broker course, broker exam, hang under a broker of record ($229). Broker of record: that file plus three years of active practice immediately preceding, an office permit, a Delaware-bank escrow account, and day-to-day supervision ($248 + office $192).

Is the three-attempt fuse a salesperson-only rule?

No. 2900 § 3.1.3 applies it to the broker examination: three attempts to pass both portions, then retake the broker pre-licensing course.

How many transactions, and what does not count?

Thirty sale or lease transactions in the five years immediately preceding, signed by the supervising broker. Timeshare and property management are ineligible. Designated-agent or team-leader supervision of others’ deals can count with Commission approval.

Does the Guaranty Fund get paid again?

No, if it was paid when the salesperson license was issued (2900 § 3.3).

Can I use an out-of-state broker course?

If you are actively licensed as a broker there, those hours may count toward Delaware’s course-hour requirement (§ 3.1.2). You still sit the Delaware-law paper. An out-of-state broker course of at least 99 hours can also satisfy 18 CE hours without making you a Delaware broker.