To qualify for a broker's license an applicant must have a high school education or equivalency and must successfully complete 150 hours of prelicensure education. Applicants must first complete a 90-hour general real estate course, and then two 30-hour courses on Agency/Ethics and Office Management and related topics.
What is required to get a NJ real estate license?
To qualify for a Real Estate Salespersons license you must be at least 18 years old, have a high school education or equivalency, complete a 75 hour pre-licensure course at a licensed school and pass the New Jersey examination.
How much does it cost to get a real estate license in NJ?
It costs around $710 to become a licensed real estate agent in New Jersey. This includes the cost of the pre-licensing exam prep course, the application fee, the exam, background check, and the license itself.
Can you get your real estate license online NJ?
Can you get a NJ real estate license online? It's possible to take the 75 required course hours in-classroom or online to obtain your New Jersey real estate license.
Is the NJ real estate exam hard?
Despite what you may have heard, the NJ Real Estate Exam is more intimidating than difficult–in fact, it has a pass rate of approximately 70%, which means only 3 out of 10 people who take it will fail. On the first try, it still has a pass rate of roughly 60%.
What is the lowest credit score to rent a house?
Prove your financially stable. You should aim for a minimum credit score of at least 620 before you apply for a rental home. If you don't meet the credit criteria, a high income and proof of finances can show the landlord you're stable and can afford the rent.