The first step to becoming a licensed real estate agent in the State of Maryland is to obtain a real estate salesperson license. In Maryland, these licenses are controlled by the Maryland Department of Labor, Licensing and Regulation.
Requirements for a Maryland Real Estate License
The requirements for a real estate salesperson license in Maryland include being at least 18 years of age and of good character and reputation. Before taking the real estate exams the applicant needs to successfully complete 60-clock hours of approved real estate classroom instruction. This instruction shall include an approved 3-clock hour course in real estate ethics. In some cases the Commission will approve real estate subjects in any college as a substitute for some of the 60 hours. The applicant then needs to pass the real estate examinations. All applicants need to submit with their application a written commitment from a licensed real estate broker stating that the salesperson applicant will be affiliated with the broker after becoming licensed.
Applying for a Maryland Real Estate License
The first step in obtaining a Maryland Real Estate Salesperson license is to attend a 60 hour pre-licensing course. The course will teach you the topics that you will be tested on during the state exam. The Department of Labor, Licensing and Regulation provides a list of approved education providers on their website. You will want to choose a provider that has a “Y” listed in the “Prelic” column of the table.
You will need to apply with the state to obtain a real estate salesperson license. The current fee for new licensees is $110. You will need to contact the Department of Labor, Licensing and Regulation to get a Registration Number to complete your application. The Department can be reached at (410) 230-6230, Monday through Friday between 8:30am and 4:30pm. Once you’ve obtained your registration number, you can complete your application online through the Department’s website.
Maryland Real Estate License Exam
The real estate license exam consists of two parts–a national and a state portion. Both sections must be passed with at least 70% of the questions correct. If you only pass one section, you will not have to pass it again for up to a year. You will only need to pass the section that you did not successfully complete on your next attempt.
Testing is conducted by PSI Examination Services. PSI has locations in Baltimore, College Park, Crofton, Hagerstown, Lanham and Salisbury. You will need to schedule an appointment with PSI to take your exam. The exam lasts two hours and is taken on a computer.
The approved Real Estate Schools for both prelicensure and continuing education are available on line. Prelicense courses need to be in the classroom; however, continuing education courses may also be distance learning. At least one 3-clock hour ethics course that includes the Maryland Code of Ethics must be taken every two years by all agents.
All agent licenses are renewed every two years and between 6 and 15 clock hours of specific continuing education courses are required in order to renew the licenses, depending on how long one has been licensed and when the license expires. Continuing education courses completed in another state may qualify if they meet Maryland’s standards.
The Maryland fees are $210 for an original broker license and $190 for the broker renewal license. The original associate broker license is $150 and the renewal associate broker license is $130. The original salesperson license is $110 and the salesperson renewal license is $90.