Licensing Requirements

Transcription

Licensing Requirements
Ohio Real Estate
Licensing Requirements
Presented by Careerwebschool.com
Ohio Real Estate
Licensing Requirements
The information contained below is designed to provide a summary of the minimum education requirements established by the Ohio
Division of Real Estate and Professional Licensing. The information provided below can be found on the Division’s website. However,
we recommend you contact the Division of Real Estate & Professional Licensing for more detailed information and for any changes
which may have occurred.
Salesperson Pre-License Requirements
Must be at least 18 years old
Must be honest, truthful and of good reputation
Have not been convicted of a felony or crime of mural turpitude
Have a high school diploma or its equivalent
Be sponsored by a broker
Must complete the required educational courses which are:
a)  Real Estate Principles and Practice (40 hours)
b)  Ohio Real Estate Law (including instruction in civil rights, housing discrimination, and desegregation problems) (40
hours)
c)  Real Estate Appraisal (20 hours)
d)  Real Estate Finance (20 hours)
Pass the State examination
Submit application and associated fees
Ohio Real Estate
Licensing Requirements
Broker Pre-License Requirements
Must be at least 18 years old
Must be honest, truthful and of good reputation
Have not been convicted of a felony or crime of mural turpitude
Have a high school diploma or its equivalent
Must complete the required educational courses. The courses taken are based on when the applicant was licensed as a Salesperson.
To find out more info, visit the Division's website. However, below are the education requirements if licensed on or after August 1,
2001:
a)  Real Estate Principles and Practice (40 hours)
b)  Ohio Real Estate Law (including instruction in civil rights, housing discrimination, and desegregation problems) (40
hours)
c)  Real Estate Appraisal (20 hours)
d)  Real Estate Finance (20 hours)
e)  A Financial Management Course
f)  A Human Resource or Personnel Management Course
g)  Applied Business Economics Course
h)  Business Law Course
i)  Must have a minimum of two years of post-secondary education, or equivalent hours of (60) sixty semester hours or (90)
ninety quarter hours. Courses 5-8 may be included in your post-secondary education.
Ohio Real Estate
Licensing Requirements
Broker Pre-License Requirements (continued)
Must have been licensed for at least 2 years and have worked as a Salesperson of an average of 30 hours per week for two of the
last 5 years immediately preceding submitting the application
Must have completed 20 real estate transactions or have such equivalent experience
Pass the State examination
Submit application and associated fees
S a l e s p e r s o n P o s t L i c e n s e R e q u i r e m e n t s
All new Salesperson must complete the 10 hour Postlicense Course within one year of the date the license was issued
Ohio Real Estate
Licensing Requirements
Continuing Education Requirements
Licensees must submit proof of completing 30 hours of continuing education every three years due on or before the licensee’s date
of birth
For every three-year reporting period, licensees must complete nine hours of mandatory continuing education coursework to
include:
a)  3 hours in Civil Rights
b)  3 hours in Core Law
c)  3 hours in Cannons of Ethics
For every three-year reporting period, licensees must complete 21 hours of elective continuing education coursework
Prelicense and postlicense education may not be used for CE
You may receive credit for completing duplicate hours during your 3 year renewal cycle
R e c i p r o c a l L i c e n s e R e q u i r e m e n t s
The Ohio Division of Real Estate and Professional Licensing has real estate license reciprocity agreements with Arkansas, Colorado,
Connecticut, Mississippi, Nebraska, Oklahoma, West Virginia, & Wyoming.

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