In order to become licensed as a broker in Pennsylvania, a real estate licensee must meet both education and experience requirements.
- 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.
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
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,
- Complete and mail the Broker Examination Eligibility Application, to the State Real Estate Commission. The cost is $40.
- 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.
- Once you pass the state exam, PSI will give you the required forms to submit to the Real Estate Commission to obtain your license.
Senior Real Estate Specialist (SRES)
Thursday and Friday, December 14 & 15, 2017 from 8:30 a.m. – 4:30 p.m.
Instructor: Pat Moyer, ABR, CRS, ePRO, GREEN, GRI, SFR, SRES, SRS GHRI is offering the SRES Designation Course. The SRES Designation Course helps real estate professionals develop the business-building skills and resources for specialization in the 50+ real estate market by expanding knowledge of how life stages impact real estate choices, connecting to a network of resources, and fostering empathy with clients and customers. This designation course is approved for 1 Broker credit and 15 Hours PA Real Estate CE for the 2016-2018 cycle. Core course for the SRES Designation. ABR elective course. Cost is $299. Includes lunch every day.
Accredited Buyer’s Representative Designation (ABR®) March 12 & 13, 2018, from 8:30 a.m. – 4:30 p.m. Instructor: Melanie McLane, ABR, CRB, CRS, CDEI, ePRO, GREEN-CERTIFIED, GRI, RAA, RSPS, SRES, SRS The goal of the 2-day ABR Designation Core Course is to establish a foundation of training, skills, and resources to help real estate professionals succeed as a buyer’s representative. Students will learn how build a buyer-representative business, value the services they perform on behalf of buyer-clients, increase confidence to work toward a signed buyer representation agreement, gain methods, tools, and techniques to provide the support and services that buyers want. Approved for 1 Broker credit and 15 Hours PA Real Estate CE for the 2016-2018 cycle. Cost is $299. Includes lunch both days. To register for class call (717) 364-3205 or go online to www.ghar.info under “Members Only.”
Real Estate Brokerage and Office Management April 4, 6, 11 & 13, 2018, from 8:30 a.m.-4:30 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 2016-2018 cycle. Cost is $350. Includes lunch every day. Text book is an additional $25. To register call (717) 364-3205, or go to www.ghar.info, under the “Members Only” section.