Pennsylvania Real Estate License

Definition - What does Pennsylvania Real Estate License mean?

The Pennsylvania Department of State manages the licensing of real estate salespeople and brokers in the state of Pennsylvania through the State Real Estate Commission.

Before applying for the salesperson standard license, individuals must fulfill several requirements. All applicants should be 18 years of age or older. They should have the equivalent of a high school education and take 60 hours of real estate courses approved by the Real Estate Commission. A clean history is important since the state requires applicants to submit a criminal background check performed by local police within 90 days of applying. The commission may reject applications based on past incidents including defaulting on debts. Potential real estate salespeople must also pass the licensure examination. The Commonwealth of Pennsylvania charges several fees throughout the licensing process which total $107.

A broker license has additional requirements. Brokers must be at least 21 years of age. A salesperson must accumulate 3 years of full time real estate salesperson experience before becoming a broker. The individual must then complete an additional 16 credits or 240 hours of approved real estate education and pass an exam at the broker level. The Commonwealth of Pennsylvania adds a $40 fee to the broker licensure process.

PSI Exams administers the examinations, which each consist of a national section and a state specific section. The national section on both exams covers 80 multiple-choice questions that must be completed within 120 minutes. The content of the national exam does vary slightly between salesperson and broker versions. The state sections of each exam differ. The salesperson state exam consists of 30 questions in 60 minutes, while the state section of the broker exam covers 40 questions in 60 minutes. National and state exams may be taken together or separately. A $56 fee is charged for the examination regardless of whether one or both exams are being taken.

Passing scores vary for each exam. The salesperson national and state exams require 60 and 23 correct answers, respectively. The broker exams raise the bar slightly at 60 and 30 requisite correct answers.

Testopedia explains Pennsylvania Real Estate License

National Exam Content:

  • Property Ownership
  • Land Use Controls and Regulations
  • Valuation and Market Analysis
  • Financing
  • Laws of Agency
  • Mandated Disclosures
  • Contracts
  • Transfer of Title
  • Practice of Real Estate
  • Real Estate Calculations
  • Specialty Areas

State Exam content:

  • Real Estate Commission
  • Licensure
  • Regulation of Conduct of Licensees

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