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RE License Guide

Virginia real estate licensing

Virginia Real Estate Broker License requirements

A practical, source-checked guide to qualifying, passing the exam, applying, and keeping this license active.

Gabriel Giner

By Gabriel Giner, Editor  ·  Verified  ·  RE License Guide Editorial Desk

Source checked 5 official references Next review 2026-12-01
Required education
180 class/clock hours of Board-approved broker-specific and broker-related courses, including a 45-hour Real Estate Brokerage course
Exam fee
$60
Published fees
$60
Typical timeline
36 of 48 months at 40 hours/week is the long pole
01

What to know first

A Virginia broker license is not a weekend add-on to the salesperson 60. Live DPOR Pre-License page (fetched 2026-09-02): complete 180 class/clock hours of Board-approved Pre-License Courses, pass the state and national portions of the broker examination, and submit verification of experience (actively engaged as a salesperson for 36 of the 48 months preceding application). Live Board FAQ: at least three courses from the broker-specific list, one of which must be a 45-classroom-hour real estate brokerage course; maximum credit 60 hours for a single broker-specific course and 45 hours for a single broker-related course; ANY PRINCIPLES OF REAL ESTATE COURSE TAKEN FOR LICENSURE AS A SALESPERSON IS NOT ACCEPTABLE AS A BROKER PRE-LICENSE EDUCATION COURSE. Equivalent university courses of at least 45 class/clock hours or 3 semester hours may be accepted; proof of a monitored final is required.

Live broker form A490-0225BLIC (fetched 2026-09-02) is stricter on the clock than the FAQ sentence: "Have you been actively engaged as a real estate licensee for at least 40 hours per week during 36 of the 48 months immediately preceding the date of this application?" Experience Verification Forms (in-state or out-of-state) attach. Fees on that form: Broker license by examination $299.50* (trans 1020); by reciprocity $299.50*; VA Salesperson upgrading to Broker $134.50 (trans 3055). Asterisk: Initial Fee includes Real Estate Transaction Recovery Fund Assessment. HB 30 Technology Fee $7.25/year. Associate Broker vs Principal Broker vs broker-owned sole proprietorship is a form choice, not a second exam.

PSI bulletin 466 broker table: National 75 (80 points) / 105 minutes; State 50 (50 points) / 55 minutes; Both 125 (130 points) / 160 minutes. Note: national broker exams include questions that are scored up to two points. Passing scores: national 60 (of 80 points, not of 75 items), state 38. $60. Reciprocity brokers sit the state portion only, still need 180 hours substantially equivalent, 36 of 48 months as salesperson or broker, certifications, and a current out-of-state broker license (live FAQ).

02

Your path to the license

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

  1. Log 40 hours/week as a licensee during 36 of the 48 months immediately preceding application

    Experience Verification Form from each firm. Live form question 12 is the clock; the FAQ sentence omits the 40-hour-week clause.

  2. Complete 180 hours including a 45-hour Real Estate Brokerage course; Principles does not count

    Three broker-specific courses minimum. Max 60 hours per broker-specific course / 45 per broker-related course. Monitored finals. Certified transcripts.

  3. PSI $60 broker paper: 75 items/80 points/105 min pass 60 + 50/55 min pass 38 (combo 125/160 min)

    Do not sit the salesperson 80/40 paper. Cut is 60 of 80 points, not 56 of 75 items.

  4. A490-0225BLIC: $299.50 by exam (includes Recovery Fund) or $134.50 Virginia salesperson upgrade, within 1 year of the initial examination date

    Associate vs Principal vs sole proprietorship is a form choice. Subsequent CE is 24 hours including 8 supervision (2 of which are broker-supervision overview) under 18VAC135-20-101.

03

Education and eligibility

Minimum age
18 years old
Identification
A Social Security number is required. An ITIN is not confirmed as a substitute.
Residency and identification
Live broker form question 12: actively engaged as a real estate licensee for at least 40 hours per week during 36 of the 48 months immediately preceding the application, documented on Experience Verification Forms (a separate form from each firm). Live Board FAQ still prints 36 of 48 months as a salesperson without the 40-hour-week clause — follow the live form. Reciprocity brokers: current broker license in another state, 180 hours substantially equivalent, 36 of 48 months as salesperson or broker, state portion only.
Qualifying education
Live Pre-License page and Board FAQ (fetched 2026-09-02): 180 class/clock hours. At least three courses from the broker-specific list; one of the three must be a 45-classroom-hour real estate brokerage course. Remaining hours may be broker-related (abstracting, contract law, economics, feasibility, investments, math, property management, property law, CCIM/CRB/GRI/SIR-SIOR designations, business law, commercial mortgage lending, land planning and use, urban development). Maximum 60 hours for a single broker-specific course and 45 hours for a single broker-related course. Principles of Real Estate taken for the salesperson license is not acceptable. Equivalent accredited-institution courses of at least 45 class/clock hours or 3 semester hours; monitored final required. CE hours are not pre-license credit. Original or certified transcripts required.
Education or filing deadline
Apply within 1 year of the initial examination date. Experience must cover 36 of the 48 months immediately preceding the application, not a historical 36 somewhere in the file.
Character review
Same disclosure grid as salesperson plus the 40-hour-week experience affidavit. High school diploma or GED is statutory for brokers too (§54.1-2105.B.2.a).
Background process
Fingerprints for initial licensure; Virginia salesperson upgrade may be exempt from a new set (live form checkbox). 90-day clock if new prints.
Experience
Live broker form: actively engaged as a real estate licensee at least 40 hours per week during 36 of the 48 months immediately preceding the date of the application. Live Board FAQ: 36 of 48 months as a salesperson. This hub follows the live form's 40-hour-week clause and notes the FAQ wording. Reciprocity: 36 of 48 as salesperson or broker.
Broker affiliation
Live form: Associate Broker, Principal Broker, or broker-owned Sole Proprietorship. Principal Broker of an existing firm needs a Firm Principal Broker/Officer Change Form before the Board will issue. A new firm that is not a broker-owned sole proprietorship needs a complete Firm License Application. Associate brokers affiliating with a branch need the branch license number and supervising broker. 18VAC135-20-101 broker CE includes 8 hours of supervision and management, 2 of which must overview broker supervision requirements under Chapter 21.

Documents to prepare

  • In-State or Out-of-State Experience Verification Form from each firm covering 36 of the preceding 48 months at 40 hours/week
  • 180-hour transcripts including the 45-hour Real Estate Brokerage course (Principles does not count)
  • PSI broker national 75 items/80 points/105 min pass 60 and state 50/55 min pass 38
  • A490-0225BLIC + $299.50 (or $134.50 Virginia salesperson upgrade) within 1 year of the initial examination date
  • Fingerprints unless the upgrade checkbox applies
  • Firm Principal Broker/Officer Change Form if taking over an existing firm
04

The licensing exam

PSI broker paper, $60, independently scored portions. National 75 items carrying 80 points / 105 minutes, pass 60 of 80 points — not 56 of 75 and not the salesperson 56 of 80. State 50 items / 55 minutes, pass 38. Combo 125 items (130 points) / 160 minutes. Experimental items count against time. State outline broker bands vs salesperson: Licensing 13 (salesperson 8); Escrow Accounts 7 (salesperson 2); Disclosure Requirements 7 (salesperson 10); Agency 12 (same); Fair Housing 6 (salesperson 4); Specific Acts 5 including Virginia Common Interest Communities Act (broker only). Scenario-style supervision questions are how this paper differs from Principles 60.

PSI Services LLC (test-takers.psiexams.com/vare; (855) 340-3910; CIB Last Revised 2/18/2026, bulletin 466). $60. Independently scored portions. · Fee: $60

Part Questions Minutes Pass
Broker National 75 105 75 items carrying 80 points / 105 minutes on the live bulletin 466 table. National broker exams include questions scored up to two points. Pass 60 of 80 points — not 56 of 75 items and not the salesperson 56 of 80. Combo with state is 125 items (130 points) / 160 minutes. $60
Broker Virginia State 50 55 50 items (50 points) / 55 minutes; pass 38 on the live passing-score table (38 of 50 is 76% — this hub prints the bulletin's 38, not a rounded 75%). Licensing 13, escrow 7, disclosures 7, agency 12, Fair Housing 6, Specific Acts 5 including CIC Act (broker only). Reciprocity brokers sit this portion only

Same $60, not refundable or transferable. Retake only the failed portion. Apply within 1 year of the initial examination date. Reciprocity brokers book the state product, not the salesperson state product.

What to study

  • 180-hour Virginia broker prelicensing including 45-hour Real Estate Brokerage

    Board-approved provider

    Principles does not count. Monitored finals. Certified transcripts on the application.

  • PSI bulletin 466 broker table (75 items/80 points/105 min pass 60 + 50/55 min pass 38)

    PSI / VREB

    Cut is 60 of 80 points. Escrow items rise to 7. CIC Act is broker-only on Specific Acts.

  • 18VAC135-20-101 broker supervision CE (8 hours, 2 of which are the supervision-requirements overview)

    Board-approved CE provider

    Not optional NAR management CE. Named in the regulation as amended April 1, 2026.

05

Application costs

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

Fee Amount
Application$299.5
Examination$60
Initial license$299.5

Live form A490-0225BLIC: Broker by examination $299.50 includes Real Estate Transaction Recovery Fund Assessment; reciprocity $299.50; VA Salesperson upgrading to Broker $134.50. Application and initialLicense in this object are the $299.50 by-exam row, not stacked with the $134.50 upgrade row. Concurrent broker is a different live form at $209.50 (A490-0225CONCUR-v10, 07/01/2026). PSI $60. HB 30 Technology Fee $7.25/year. 18VAC135-20-80/-120 repealed April 1, 2026 — confirm the live renewal cart. Fingerprint dollar not on the live pages.

Commission

Virginia Real Estate Board (Department of Professional and Occupational Regulation)

Licensing (804) 367-8526. Education (804) 367-2406. Board office (804) 367-8552. FAX (866) 826-8863. PSI examinations (855) 340-3910. REBoard@dpor.virginia.gov. Education reschool@dpor.virginia.gov.

Va. Code Title 54.1, Chapter 21 (including §54.1-2105 educational and experience requirements, §54.1-2105.01 30-hour post-license, §54.1-2105.03 CE, Real Estate Transaction Recovery Act). 18VAC135-20 (including 18VAC135-20-101 CE grid as amended Volume 42 Issue 14 effective April 1, 2026). 18VAC135-20-80 (application fees) and 18VAC135-20-120 (renewal fees) were repealed effective April 1, 2026 — live dollars are on the 07/01/2026 application forms, not those repealed rows. Live DPOR Pre-License page, Board FAQs, Post-License Education page, and salesperson form A490-0225SLIC-v15 / broker form A490-0225BLIC (rev. 07/01/2026) fetched 2026-09-02. PSI Commonwealth of Virginia Real Estate Candidate Information Bulletin at test-takers.psiexams.com/vare / bulletin 466, Last Revised 2/18/2026, fetched 2026-09-02. Technology Fee $7.25/year under 2026 House Bill 30, July 1, 2026–June 30, 2030.

Pre-licensing

180 class/clock hours of Board-approved broker-specific and broker-related courses, including a 45-hour Real Estate Brokerage course

Live Pre-License page and Board FAQ (fetched 2026-09-02): 180 class/clock hours. At least three courses from the broker-specific list; one of the three must be a 45-classroom-hour real estate brokerage course. Remaining hours may be broker-related (abstracting, contract law, economics, feasibility, investments, math, property management, property law, CCIM/CRB/GRI/SIR-SIOR designations, business law, commercial mortgage lending, land planning and use, urban development). Maximum 60 hours for a single broker-specific course and 45 hours for a single broker-related course. Principles of Real Estate taken for the salesperson license is not acceptable. Equivalent accredited-institution courses of at least 45 class/clock hours or 3 semester hours; monitored final required. CE hours are not pre-license credit. Original or certified transcripts required.

Apply within 1 year of the initial examination date. Experience must cover 36 of the 48 months immediately preceding the application, not a historical 36 somewhere in the file.

Sponsoring broker

Live form: Associate Broker, Principal Broker, or broker-owned Sole Proprietorship. Principal Broker of an existing firm needs a Firm Principal Broker/Officer Change Form before the Board will issue. A new firm that is not a broker-owned sole proprietorship needs a complete Firm License Application. Associate brokers affiliating with a branch need the branch license number and supervising broker. 18VAC135-20-101 broker CE includes 8 hours of supervision and management, 2 of which must overview broker supervision requirements under Chapter 21.

Fingerprints

Live broker form: all applicants for initial licensure submit fingerprints; a Virginia salesperson upgrading may check that they do not need to submit a new set. Same PSI-site / Fieldprint options and 90-day application clock as salespersons if new prints are required. No fingerprint dollar on the live pages.

CE / renewal

18VAC135-20-101 broker grid: 24 hours including 8 supervision and management of real estate agents and brokerage firms (2 of which must overview broker supervision requirements under this chapter and Chapter 21), Fair Housing 2, Ethics 3, Agency 2, Contracts including escrow 2, legal updates and emerging trends including flood zone areas and NFIP 2, plus 5 electives. Inactive brokers are not required to complete CE as a condition of renewal. Same 30-day / reinstatement / receipt-date rules as salespersons. Confirm live renewal dollars — 18VAC135-20-120 repealed April 1, 2026.

Same 30-day post-expiration window then reinstatement as salespersons (live Board FAQ). Confirm the live reinstatement cart. You cannot practice after expiration.

Recovery fund

Live broker form: $299.50 initial fee includes Real Estate Transaction Recovery Fund Assessment. Same Act as the salesperson hanging. Not E&O.

06

Mistakes that delay applicants

  • Counting Principles of Real Estate toward the 180

    Live Pre-License NOTE is capitalized for a reason.

  • Sitting the salesperson 80-item national / 40-item state paper

    Broker national is 75 items carrying 80 points. State is 50 in 55 minutes. Cut is 60 of 80 points and 38 of 50.

  • Treating 56 of 75 items as the national cut

    60 of 80 points. Two-point items. Combo is 125 items carrying 130 points in 160 minutes.

  • Skipping the 45-hour Real Estate Brokerage course

    One of the three broker-specific courses must be that named 45-hour course. Max 60 hours per broker-specific course.

  • Counting a part-time year toward the 36 of 48

    Live form wants 40 hours per week. The FAQ sentence that omits that clause is not the form you sign.

  • Paying $299.50 when the live upgrade row is $134.50, or stacking them

    Virginia salesperson upgrading to broker is $134.50. By-exam / reciprocity is $299.50 including Recovery Fund. They are alternative rows, not a stack.

07

Reciprocity and recognition

Partner / path Accepted exam Conditions
No formal bilateral reciprocity is published for this credential.

Live Board FAQ: reciprocity brokers must (1) pass the State portion, (2) submit verification of experience (actively engaged as a salesperson or broker for 36 out of 48 months preceding application), (3) submit original or certified transcripts of 180 classroom hours of broker pre-licensing courses substantially equivalent to Virginia's, and (4) submit letters of certification from other jurisdictions, and MUST hold a current broker license in another state. Universal License Recognition is a separate live broker form (A490-0225B-ULR) at the same $299.50 / $134.50 split. This hub does not copy a school-blog compact list.

08

Renewal and staying active

18VAC135-20-101 broker grid: 24 hours including 8 supervision and management of real estate agents and brokerage firms (2 of which must overview broker supervision requirements under this chapter and Chapter 21), Fair Housing 2, Ethics 3, Agency 2, Contracts including escrow 2, legal updates and emerging trends including flood zone areas and NFIP 2, plus 5 electives. Inactive brokers are not required to complete CE as a condition of renewal. Same 30-day / reinstatement / receipt-date rules as salespersons. Confirm live renewal dollars — 18VAC135-20-120 repealed April 1, 2026.

Late renewal: Same 30-day post-expiration window then reinstatement as salespersons (live Board FAQ). Confirm the live reinstatement cart. You cannot practice after expiration.

Concurrent broker is a separate $209.50 live product. Firm and branch licenses are separate DPOR objects. Confirm live fees and the HB 30 Technology Fee.

Applicant checklist

  • 40 hr/wk as a licensee during 36 of the 48 months immediately preceding, on Experience Verification Forms
  • 180 hours including a 45-hour Real Estate Brokerage course (Principles does not count)
  • PSI $60: 75 items/80 points/105 min pass 60 + 50/55 min pass 38
  • A490-0225BLIC + $299.50 (or $134.50 Virginia salesperson upgrade) within 1 year of the initial examination date
  • 24-hour broker CE including 8 supervision (2 of which are broker-supervision overview) each subsequent term
09

How Virginia is different

Maryland broker: three consecutive active years with no breaks, 135 hours, PSI 75 items/80 points/90 min pass 56 + 40/30 min pass 28, $211. Tennessee broker: 120 hours including 30-hour Office/Broker Management, 36 months as affiliate, TREC pre-approval. North Carolina: broker-in-charge on a provisional-broker entry. Virginia broker: 180 hours including a 45-hour brokerage course, Principles does not count, 40 hr/wk for 36 of 48 months on the live form, PSI 75/80 pts/105 min pass 60 + 50/55 min pass 38, $299.50 (or $134.50 upgrade from a Virginia salesperson).

10

Frequently asked questions

Does the salesperson 60 count as the 180?
No. Live Pre-License NOTE: any Principles of Real Estate course taken for licensure as a salesperson is not acceptable as a broker pre-license education course.
How much experience, and is it 36 months calendar?
Live broker form: 40 hours per week during 36 of the 48 months immediately preceding the application, on Experience Verification Forms. Live FAQ omits the 40-hour-week clause. Follow the form.
Is the national paper still 80 items?
No. Broker national is 75 items carrying 80 points in 105 minutes. Cut is 60 of 80 points, not 56 of 75 items and not the salesperson 56. State is 50 items / 55 minutes, pass 38.
What does the upgrade cost?
Live form: $134.50 if you are a Virginia salesperson upgrading to broker. $299.50 by examination or reciprocity, and that $299.50 includes the Recovery Fund assessment. PSI is still $60. Concurrent broker is $209.50 on a different form.
What CE do brokers take?
18VAC135-20-101: 24 hours, of which 19 are mandatory — 8 supervision and management (2 of which overview broker supervision requirements under Chapter 21), Fair Housing 2, Ethics 3, Agency 2, Contracts/escrow 2, legal updates including flood/NFIP 2 — plus 5 electives. Not the salesperson 16-hour grid.
Associate broker vs principal broker?
Same 180 hours, same 36-of-48 / 40 hr/wk clock, same PSI broker paper. The live form asks which hanging you want. Principal Broker of an existing firm needs the Firm Principal Broker/Officer Change Form. A new non-sole-proprietor firm needs a Firm License Application.

Primary Sources

Regulatory requirements on this page are drawn from the official board, statute, and exam-provider materials listed below.

  1. DPOR Pre-License (180 hours; Principles does not count; 36 of 48 months; 45-hour brokerage course)
  2. Broker License Application A490-0225BLIC ($299.50 / $134.50; 40 hr/wk for 36 of 48 months; Recovery Fund inside $299.50)
  3. PSI bulletin 466 (broker 75 items/80 points/105 min pass 60 + 50/55 min pass 38; $60)
  4. 18VAC135-20-101 (broker 24 hours including 8 supervision, 2 of which are broker-supervision overview)
  5. Board FAQ (reciprocity brokers still sit the state portion; current out-of-state broker license required)

Verified 2026-09-02  ·  Next scheduled review 2026-12-01