Licensure Requirements for a Salesperson
- Minimum age of 18
- Must complete at least 120 hours in real estate pre-license education
- Must be sponsored by a licensed broker in Ohio
- High school diploma or equivalent (if you were born after 1950)
- No felony convictions or convictions involving anything listed under number 4 on the Requirements for an Ohio Real Estate Salesperson's License bulletin
- Fingerprinting
- Apply for license
- Pass the salesperson exam
Licensure Requirements for a Broker
- Minimum age of 18
- Must complete the required real estate broker pre-license education
- Must have spent at least 2 of the previous 5 years as an active, licensed salesperson
- No felony convictions or convictions involving anything listed under number 4 on the Broker Qualification section on page 2 of the Ohio Candidate Handbook
- Fingerprinting
- Apply for license
- Pass the broker exam
Step by Step Guide (Salesperson)
- Complete 120 hours in real estate pre-license education
- Real Estate Principles and Practices- 40 hours
- Ohio Real Estate Law- 40 hours
- Real Estate Appraisal- 20 hours
- Real Estate Finance- 20 hours
- Submit your License Exam Application, along with the appropriate fees and documents
- After the Division declares you exam-eligible and mails you the Candidate Bulletin, you may schedule your exam with PSI
- Pass the salesperson exam within 12 months of being declared eligible (See below for more information)
Step by Step Guide (Broker)
- Complete broker pre-licensing education requirement (For details, refer to pages 2-3 of the Ohio Candidate Handbook and the Education Requirement section of the Requirements for an Ohio Real Estate Broker's License bulletin)
- Submit your License Exam Application, along with the appropriate fees and documents
- After the Division declares you exam-eligible and mails you the Candidate Bulletin, you may schedule your exam with PSI
- Pass the broker exam within 12 months of being declared eligible (See below for more information)
Obtaining a reciprocal license if you are already licensed in another state:
Salesperson: Refer to the instructions on the Ohio Reciprocity Salesperson Application
Broker: Refer to the instructions on the Ohio Reciprocity Broker Application
Exam Info
Salesperson: The exam costs $61 and is administered on a computer in multiple choice format. There are 120 scored questions (80 national and 40 state law), and 5-10 pre-test questions that do not affect your score.
There is no distinction made between scored questions and pre-test questions on the exam. They are all mixed in together, so it is important that you answer each question carefully.
You must achieve a score of at least 70% to pass. You will have 3 hours to complete the exam.
Broker: The exam costs $41 and is administered on a computer in multiple choice format. In addition to standard multiple choice, the broker exam contains scenario-based questions with more than 4 possible answers to choose from. For an example of what this type of question looks like, refer to page 12 of the Ohio Candidate Handbook.
There are 115 scored questions (75 national and 40 state law), and 5-10 pre-test questions that do not affect your score. There is no distinction made between scored questions and pre-test questions on the exam. They are all mixed in together, so it is important that you answer each question carefully.
You must achieve a score of at least 75% to pass. You will have 3 hours to complete the exam.
- Schedule online at http://www.psiexams.com/ or by calling (855) 834-8749. You can also mail or fax the exam registration form found on page 13 of the Ohio Candidate Handbook.
- For exam locations, refer to pages 4-5 of the Ohio Candidate Handbook.
Fees:
- Exam Application Fee (Salesperson)- $81
- Exam Application Fee (Broker)- $135
- Exam Fee (Salesperson)- $61
- Exam Fee (Broker)- $41
- Fingerprint Background Check Fee- $18