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HOW TO BECOME A LICENSED REAL ESTATE BROKER 

Contact PSI for all questions regarding exams: (800) 733-9267.

 

EDUCATIONAL REQUIREMENTS: The educational requirements for licensure as a Broker include:

  • 60 Classroom hours of Real Estate Principles and Practices
  • 15 Hour course in Real Estate Legal Compliance
  • 15 Hour course in Real Estate Brokerage Principles and Practices
  • Two 15 Hour electives or:
    • Have successfully completed a cumulative total of atleast 20 real estate transactions during the previous five years

REGISTRATION AND SCHEDULING PROCEDURES: All candidates for the Broker examinations must be preapproved by PSI BEFORE you register for or schedule your Broker examination. There is no pre-approval needed for the Continuing Education examination. Upon approval by PSI, you will be sent an Examination Eligibility Postcard, including instructions for scheduling the examination.

  • You may take the examination on an unlimited basis for up to one year from the date of eligibility.
  • You must pass both portions of the examination within one (1) year of eligibility.
  • If you do not pass both portions within one year, you must reapply with the PSI.

EXAMINATION FEE $65: For first time testing, the fee is $65 for both examination portions, regardless if you take one or both examination portions. Examination retakes are $65 for both examination portions and $55 for one examination portion. NOTE: REGISTRATION FEES ARE NOT REFUNDABLE OR TRANSFERABLE.

INTERNET REGISTRATION: For the fastest and most convenient test scheduling process, PSI recommends that candidates register for their exams using the Internet. Candidates register online by accessing PSI’s registration website at www.psiexams.com. Internet registration is available 24 hours a day.

  • Log onto PSI’s website and create an account. Please enter your email address and first and last name. This information must match exactly with the information PSI has on file. Be sure to check the box next to “Check here to attempt to locate existing records for you in the system”
  • You will be asked to select the examination and enter your SS#. Your record will be found and you will now be ready to pay and schedule for the exam. Enter your zip code and a list of the testing sites closest to you will appear. Once you select the desired test site, available dates will appear. If you have problems contact PSI at (800) 733-9267 for help.

TELEPHONE SCHEDULING: The second fastest method of scheduling is via the telephone with PSI’s Interactive Voice Response system (IVR) during non-business hours, or through live registrars during business hours. For telephone registration, you will need a valid VISA or MasterCard. Complete the Examination Registration Form, including your credit card number and expiration date, so that you will be prepared with all of the information needed to register by telephone.

Call (800) 733-9267, 24 hours a day and register using the Automated Registration System. Otherwise, PSI registrars are available Monday through Friday, between 7:30 am and  8:00 pm and Saturday, between 11:00 am and 5:00 pm, Eastern Time, to receive the information listed on your Examination Registration Form and schedule your appointment for the examination. 

STANDARD MAIL REGISTRATION: Complete the PSI registration Form (found at the end of this bulletin), and mail, along with the appropriate examination fee(s) to PSI. Payment of fees can be made by money order or cashier’s check. Money orders or cashier’s checks should be made payable to PSI. Print your social security number on your cashier’s check or money order to ensure that your fees are properly assigned.

CASH IS NOT ACCEPTED.

PSI licensure: certification

3210 E Tropicana

Las VegasNV 89121

(800) 733-9267  Fax (702) 932-2666 

BE SURE TO READ ALL DIRECTIONS CAREFULLY BEFORE COMPLETING THE EXAMINATION REGISTRATION FORMS. IMPROPERLY COMPLETED FORMS WILL BE RETURNED TO YOU UNPROCESSED.

FAX REGISTRATION: For Fax registration, you will need a valid VISA or MasterCard. Complete the Examination Registration Form, including your credit card number and expiration date. Fax the completed form to PSI (702) 932-2666. Fax registrations are accepted 24 hours a day. Please allow 4 business days to process your registration. After 4 business days, you may call PSI to schedule the examination(s), (800) 733-9267.
CANCELING AN EXAMINATION APPOINTMENT: You may cancel and reschedule an examination appointment without forfeiting your fee if your cancellation notice is received 2 days before the scheduled examination date. You may call PSI at (800) 733-9267. Please note that you may also use the automated system, using a touch-tone phone, 24 hours a day in order to cancel and reschedule your appointment.

SCHEDULING A RE-EXAMINATION: It is not possible to make a new examination appointment on the same day you have taken an examination; this is due to processing and reporting scores.

MISSED APPOINTMENT OR LATE CANCELLATION: Your registration will be invalid, you will not be able to take the examination as scheduled, and you will forfeit your examination fee, if you:
  • Do not cancel your appointment 2 days before the schedule examination date;
  • Do not appear for your examination appointment;
  • Arrive after examination start time; 
  • Do not present proper identification when you arrive for the examination. 

EXAMINATION SITE LOCATIONS: The PSI Real Estate Licensing examinations are administered at the examination centers listed below:
West Hartford, CT
Milford, CT
Auburn, CT
Boston, MA
Fall River, MA
West Springfield, MA

REPORTING TO THE EXAMINATION SITE: On the day of the examination, you should arrive at least 30 minutes before your appointment. This extra time is for signing, identification, and familiarizing you with the examination process. If you arrive late, you may not be admitted to the examination site and you will forfeit your examination registration fee.

REQUIRED IDENTIFICATION AT EXAMINATION SITE: You must provide 2 forms of identification. One must be a VALID form of government issued identification (driver’s license, state ID, passport, military ID), which bears your signature and has your photograph. The second ID must have your signature and preprinted legal name. All identification provided must match the name on the Examination Registration Form and your Registration Confirmation Notice.
Contact PSI for all questions regarding exams: (800) 733-9267.
 

 

 
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