Broker Licensure

In order to become licensed as a broker in Pennsylvania, a real estate licensee must meet both education and experience requirements.

Required Credits

  • Two credits (30 hours) in Real Estate Office Management
  • Two credits (30 hours) in Real Estate Law

Required– Six credits (90 hours) each in at least three of the following two-credit courses:

  • Valuation of Income Producing Property
  • Valuation of Residential Property
  • Non-Residential Property Management
  • Residential Property Management
  • Real Estate Finance
  • Real Estate Investment
  • Real Estate Construction
  • Real Estate Sales

The remaining six (6) credits (90 hours) may be taken in any elective topic approved for broker credit by the Pennsylvania Real Estate Commission. Education credits received for broker licensure are valid for ten (10) years from the date taken.

 

 

Real Estate Brokerage and Office Management (Broker Required)
April 8, 10, 12, 15 & 17, 2019 from 9:30 a.m.-3:30 p.m., Instructor:  Sue Kichman
This is a required course for broker licensure candidates.  Topics will include:  Communication, Leadership and
Management Skills; Policies and Procedures; Marketing the Office, Company and Properties; Staffing and Recruitment; Training and Coaching your REALTORS®.  Approved for 2 Broker credits and 30 hours of PA Real Estate Continuing
Education for the 2018-2020 cycle.  Cost is $375, including text book.   Includes lunch every day.  To register call
(717) 364-3205, or go to www.ghar.info, under the “Members Only” section.

Seller Representative Specialist (SRS)
Monday and Tuesday, April 29 & 30, 2019,  from 8:30 a.m.-4:30 p.m.
Instructor:  Pat Moyer ABR, CRS, GRI, GREEN, SRES, SFR, ePRO
Learn tools and tips that will equip you to list in today’s marketplace.  Lear how to:  increase listings and grow you business, demonstrate and communicate your value package, understand and apply the Code of Ethics & Standards of Practice, understand and comply with state license laws, understand and apply methods, tools and techniques to provide support and services that sellers want and need.   Designation is approved for an ABR Elective credit., 1 Broker credit and 15 Hours PA Real Estate CE for the 2018-2020 cycle. Cost is $299.  To register for class call 717) 364-3205 or go online to www.ghar.info, under “Members Only.”

 

Valuation of Residential Property “Appraisal 101″ – (Required Broker Elective) June 20, 21, 24 & 25, 2019 from 8:30 a.m.- 4:30 p.m. Instructor:  Melanie McLane, ABR, CDEI, CRB, CRS, e-PRO, GREEN, GRI, RAA, RSPS, SRES, SRS.
Course will introduce basics of real estate appraisal to candidates for the broker’s license in PA.  Topic areas covered will include:  Introduction to Valuation, Market Identification and Market Forces, Principals of Real Property Valuation, Neighborhood Analysis, Site Analysis, Building Analysis, Direct Sales Comparison Approach and much more.  Approved for 2 broker credits and 30 hours of PA Real Estate Continuing Education for the 2018-2020 cycle.  Cost is $350.  Includes lunch every day. To register call (717) 364-3205, or go to www.ghar.info, under the “Members Only.”

 

Real Estate Law – (Required Broker Course)
October 22, 24, 29 & 31, 2019 from 8:30 a.m.- 4:30 p.m.   Instructor:  Brett Woodburn, Esquire
This is a required course for broker licensure candidates. Topics covered will include:  introduction to real property, contract law, the real estate transaction, leases, law and the real estate licensee, counsel of attorney and much more.  Approved for 2 broker credits and 30 hours of PA Real Estate Continuing Education for the 2018-2020 cycle.  Cost is $350, plus $50 for text book.

 

Experience Requirements

A total of 16 credits or 240 hours is required to be eligible to sit for the Broker’s Exam. One credit is equivalent to 15 hours. All courses are a minimum of two credits or 30 hours. A maximum of four (4) credits (60 hours) is allowed per course and/or area of real estate study. Applicants must also complete and document a minimum of three years of real estate experience. – Licensed Applicants must demonstrate their experience by documenting 200 points using the following point system:
1.) Sale (Commercial or Residential) 5 points
2.) Exclusive listing which sold (Commercial or Residential) 5 points
3.) Unsold exclusive listing (Commercial or Residential) 1 point
4.) Lease (Commercial) 5 points
5.) Lease (Residential) 1 point
6.) Property Management Assistance (Commercial or Residential) 6 points/per month
(Points are only awarded for full-time employment wherein no other points can be earned.) For additional information on Broker Applicant requirements, please visit the PA State Real Estate Commission website at:  www.dos.state.pa.us/estate

State Exam

Once a broker candidate has successfully completed the education and experience requirements, they are eligible to sit for the Pennsylvania Broker License Exam. To sit for the exam,

  1. Complete and mail the Broker Examination Eligibility Application, to the State Real Estate Commission.  The cost is $40.
  2. The Real Estate Commission will contact you with the approval, and send the instructions for taking the state exam. This exam is administered by PSI Examination Services. For more information, click here.
  3. Once you pass the state exam, PSI will give you the required forms to submit to the Real Estate Commission to obtain your license.