Vermont

The Vermont Real Estate Commission is part of the Secretary of State’s Office of Professional Regulation at 89 Main Street in Montpelier. As of February 27, 2021, the Vermont state examination is no longer administered through an exam service. PSI bulletin 5036 (12/1/2025) covers the national exam: for salespersons, 100 items with a passing score of 70 in 150 minutes; for brokers, 90 items scoring 100 points with a passing score of 75 in 150 minutes, including some two-point scenario items. The fee is $110, and remote proctoring has been available since December 3, 2025. The state exam is a link inside the OPR online application, and all applicants take it. Neither endorsement nor fast-track under 3 V.S.A. § 136a waives it.

Prelicense education is 40 hours for salespersons and a separate 40 hours for brokers (Administrative Rules 1.8(c), 1.8(v), 5.1). OPR names Indiana and Rhode Island as not equivalent for salesperson education, Indiana and Alaska as not equivalent for broker education, and California, New York, Puerto Rico, and West Virginia as not equivalent for the national exam. The application for licensure is $100 and biennial renewal is $200 under 26 V.S.A. § 2255 (3 V.S.A. § 125 sets OPR's default fees for advisor professions and is overridden by chapter 41). New salespersons complete 8 hours of post-licensure within 90 days. CE is 16 hours for salespersons and 24 for brokers, each including a 4-hour Commission-designated mandatory course. A Vermont broker needs two years as a salesperson plus eight closed unrelated transactions with no familial or contemporaneous business relation. As principal broker, you hold a trust account at a Vermont-licensed institution, and the administrative rules prohibit dual agency. New Hampshire’s 40 hours (with a 32/8 classroom/distance split) and Rhode Island’s 45 hours plus a lead course are different requirements and do not substitute for Vermont's 40 hours.