Ohio Real Estate License Requirements

The Ohio Department of Commerce oversees all real estate matters in the state of Ohio. The types of real estate licenses the department currently issues are salesperson and broker licenses.

The requirements to become a real estate agent [salesperson] or broker in Ohio are as follows:

SALESPERSON LICENSE REQUIREMENTS:

To be eligible for an Ohio salesperson license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Applicant must undergo a criminal background check.

No prior real estate experience is required to obtain an Ohio salesperson license.

Applicant must have a high school diploma or GED, if applicant was born after 1950, complete a 40 hour course in Real Estate Principles and Practices, complete a 40 hours course in Ohio Real Estate Law, which includes instruction on civil rights, housing discrimination, and desegregation problems, complete a 20 hour course in Real Estate Appraisal and complete a 20 hour course in Real Estate Finance.

Ohio Real Estate License Requirements

Ohio Real Estate License Requirements

Applicants who were not licensed as a salesperson within the four year period immediately preceding his or her current application for the salesperson’s exam must have completed the prelicense education courses within a 10 year period immediately preceding the current salesperson application.

Applicant must pass the state and national real estate salesperson exam with a score of 70%. The national portion of the exam consists of 80 questions with a 120 minute time limit. The state portion consists of 40 questions with a 60 minute time limit.

An Ohio salesperson license application must be submitted after passing the exam along with proof of sponsorship by a licensed broker in Ohio.

All Ohio salesperson licensees must complete 30 hours of continuing education each year, which must include three courses in Civil Rights, Canons of Ethics and Core Law. However, first time licensees are exempt from the continuing education requirements during their first year.
Applicants 70 years of age or older are only required to complete 9 hours of continuing education courses each year, which must include three course in Civil Rights, Canons of Ethics and Core Law.

Applicants who held a salesperson license prior to 1/1/1972 are exempt from the prelicense education requirements.
Applicants 70 years of age or older whose license is inactive are exempt from the continuing education requirements.

Ohio has a reciprocity agreement with the following states:
Arkansas
Colorado
Connecticut
Mississippi
Nebraska
Oklahoma
West Virginia
Wyoming

Fees to obtain an Ohio salesperson license include:
Exam Fee: $63
License Application Fee: $60


BROKER LICENSE REQUIREMENTS:

To be eligible for an Ohio broker license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Applicant must undergo a criminal background check.

Applicant must also hold an active salesperson license within two of the past five years and submit proof applicant has been involved or compensated for at least 20 real estate transactions using the following formula:
Listing agent in the sale of property owned by another = ½ transaction.
Selling agent in the sale of property owned by another = ½ transaction.
Listing agent in the lease of commercial or industrial real estate owned by another for a term of at least one year = ½ transaction.
Procuring agent in the lease of commercial or industrial real estate owned by another for a term of at least one year = ½ transaction.
Listing and/or procuring agent in the lease of four residential real estate properties owned by another for a term of at least one year = 1 transaction.

Prelicense education requirements are as follows:
Have a high school diploma or GED, if applicant was born after 1950.
Complete a 40 hour course in Ohio Real Estate Law.
Complete a 40 hour course in Ohio Real Estate Principles & Practices.
Complete a 20 hour course in Real Estate Appraisal.
Complete a 20 hour course in Real Estate Finance.
Complete a Financial Management Course.
Complete a Human Resources or Personnel Management Course.
Complete an Applied Business Economics Course.
Complete a Business Law Course.
Complete a minimum of 2 years of post-secondary education, or equivalent hours of 60 semester or 90 quarter hours. Courses #5-8 may be included in the applicant’s postsecondary education.

After completing the prelicense education requirements, applicant must pass the state and national broker exam with a score of 75%. The national portion of the exam consists of 80 questions with a 120 minute time limit. The state portion consists of 40 questions with a 60 minute time limit.

An Ohio broker license application must be submitted after passing the exam.

All Ohio broker licensees must complete 30 hours of continuing education each year, which must include 3 courses in Civil Rights, Canons of Ethics and Core Law. However, first time licensees are exempt from the continuing education requirements during their first year.
Applicants 70 years of age or older are only required to complete 9 hours of continuing education courses each year, which must include three course in Civil Rights, Canons of Ethics and Core Law.

Applicants who held a salesperson license prior to 1/1/1972 are exempt from the prelicense education requirements.
Applicants 70 years of age or older whose license is inactive are exempt from the continuing education requirements.

Ohio has a reciprocity agreement with the following states:
Arkansas
Colorado
Connecticut
Mississippi
Nebraska
Oklahoma
West Virginia
Wyoming

Fees to obtain an Ohio broker license include:
Exam Fee: $43
Broker License Fee: $100


References:

Ohio Department of Commerce: Division of Real Estate and Professional Licensing Real Estate Salesperson and Broker Candidate Information Bulletin: March 1 2014: https://candidate.psiexams.com/bulletin/display_bulletin.jsp?ro=yes&actionname=83&bulletinid=243&bulletinurl=.pdf

Ohio Department of Commerce: Requirements for an Ohio Real Estate Broker License: http://www.com.ohio.gov/documents/real_RequirementsBrokersLicense.pdf

Ohio Department of Commerce: Requirements for an Ohio Real Estate Salesperson’s License: http://www.com.ohio.gov/documents/real_RequirementsSalespersonLicense.pdf

Ohio Department of Commerce: http://www.com.ohio.gov/real/


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