1. Do you accept walk-ins?
Licensing applications are processed on a "first-in/first-out"
basis. Therefore, the Licensing Bureau will accept, but cannot
immediately review or service walk-in applications. Persons
who wish to drop off an application may do so at the reception
desk on the 8th floor of the Commission's office at 20 West
State Street, Trenton, NJ. If there is an error or a question
about the application, you will be notified within ten (10)
business days. APPLICANTS SHOULD NOT CALL THE
COMMISSION DURING THIS TIME. Depending upon the
volume of work pending at the time of the Commission's receipt
of it, the processing of a complete and correct application
related to a salesperson or broker/salesperson license may
take from two to four weeks. Applications related to broker
licenses (sole proprietors, business entities and brokers of
record) are generally processed within two (2) weeks.
2. How soon after passing the
real estate exam must I apply for the issuance of my initial
license?
All applicants must apply for the issuance of their initial
license WITHIN ONE YEAR FROM THE DATE OF COMPLETING THE REAL
ESTATE PRELICENSURE COURSE.
3. What is the procedure for
transferring my license to another broker?
Licensees in Inactive/Terminated Status may transfer to a new
broker. To be inactivated/terminated, you must submit a formal
letter of resignation to your current broker, and your current
broker must inactivate/terminate your license via the New
Jersey Real Estate Online Licensing Services (www.recbrokers.nj.gov)
Once inactive/terminated, your license may be
electronically transferred by your new broker via the
New Jersey Real Estate Online Licensing Services at
www.recbrokers.nj.gov.
The $25 transfer fee may be paid via e-check or company credit
card.
Or, the licensee and new broker of record may
submit a paper transfer
application. The paper method will take longer than the
electronic method, and will delay your transfer.
The paper application must be submitted to the New
Jersey Department of Banking and Insurance, Real Estate
Licensing Section, with a broker’s business check, money
order, or certified check in the amount of $25, made payable
to the “State Treasurer of New Jersey.”
4. How do I
establish my own real estate company?
If you wish
to apply for a corporate broker's license, sole
proprietorship, partnership, or limited liability company,
contact the Commission at (609) 292-7272 for appropriate forms
and instructions.
5. How do I obtain a license
certification or license history?
Submit a written request to the New Jersey Real Estate
Commission, PO Box 328, Trenton, New Jersey 08625-0328. Your
request must be accompanied by $25.00 for a current
certification of license status, or $50.00 for a license
history (Personal checks are not acceptable. Payment must be
by certified check, cashier's check, or a money order, made
payable to the Treasurer, State of New Jersey.)
6. I recently relocated my
office. What does the Commission require?
A Change Of Address form must be completed. All licenses must
be returned accompanied by an appropriate fee. To request a
form, call (609) 292-7272.
Note: For a change of residence
address, please submit a letter indicating new residence
address, home telephone number, and license reference number.
7. How do I change my name on my
license?
All
licensees must be licensed in their legal names. The
“Application for Reinstatement/Transfer/Name Change” is
located in the real estate section of the Applications and
Forms area of the DOBI website.
Please complete the appropriate application and sign
it using your new name. Please attach a copy of your marriage
certificate, a legal document from the court that states you
may legally change your name, or a copy of your divorce decree
bearing the County Clerk’s seal. If you submit a copy of your
divorce decree, the first page of the decree and the page that
states you may resume your former name is required. You must
submit the $50 name change fee via a broker’s business check,
money order, or certified check made payable to the “State
Treasurer of New Jersey”.
After the change has been entered into the Real Estate
Licensing database, the new name is viewable on the
Licensee Search. At that point, a new pocket card id
reflecting the new legal name may be printed by the licensee
at
www.reconline.nj.gov.
8. What
should I do if my license has been lost?
Have your
employing broker submit a written or faxed request for a
duplicate license to the Commission. Fax number (609)
292-6765. There is no charge for this request.
9. How can a New Jersey
salesperson become a New Jersey broker?
Requirements for becoming a broker in New Jersey are as
follows:
- You must be a licensed salesperson in New Jersey
and have worked as such on a full-time basis under the
direction of a broker for the 3 full years immediately
preceding application. You are required to take 150 hours of
broker prelicensure education. The 90 hour broker general
course must be completed first. Thereafter, the 30 hour
Agency/Ethics course and the 30 hour Office
Management/Related Topics course may be taken in any order.
- Upon successful completion of the courses, the
applicant must submit a fully executed school certificate,
Experience Activity Report(s) completed by the broker(s) the
applicant has worked for during the last 3 years, and a
$25.00 processing fee (No personal checks accepted)
to the Commission for approval. If approved, a Certificate
of Examination Eligibility will be issued which will allow
the applicant to make a reservation to challenge the broker
examination. Applicants must pass the examination and make
application for a license within one year of completing the
second 30 hour course.
10. Can an employing broker withhold my license if I request
that he release it to me in order to transfer to another
broker?
No. The
licensee's current broker MUST deliver the license, properly
inscribed for termination, to the licensee. The broker must
also send the Notice of Termination section to the Commission
within five business days, and send a copy of it to the
licensee's residence address. N.J.A.C. 11:5-3.11(b).
11. How long can my real estate
license be inactive?
N.J.S.A. 45:15-9 provides that Real Estate licenses can
be inactive for 2 years after the expiration date of the last
license issued. To reinstate your license, your application
must be completed by a currently licensed Real Estate
Employing Broker.
12. What are the qualifications
for a New Jersey Real Estate Broker's license?
First, you must have worked under the direction and guidance
of a currently licensed Employing Broker, on a full-time
basis, at least 3 full years immediately preceeding your
application.
Secondly, you must have successfully completed 90 hours of
Broker's pre-licensure courses and two 30 hour courses on
office management and ethics/agency. These two 30 hour courses
must be at an licensed New Jersey Real Estate School.
And, thirdly, you must pass the New Jersey examination. If you
applied for a Broker license, please allow the Real Estate
Commission 30 business days to process the paperwork.
Questions regarding your application cannot be answered during
this processing period.
13. What are the qualifications
for a Real Estate Salespersons license?
To qualify for a Real Estate Salespersons license you must be
at least 18 years old, have a high school education or
equivalency, complete a 75 hour pre-licensure course at a
licensed school and pass the New Jersey examination. After
passing the examination, you must apply for a license through
a sponsoring Employing Broker within 1 year from the
expiration of the school certificate or you must again
complete all requirements.
14. What is the license
period?
Effective July 1, 1997, all real estate licenses are issued on
the basis of a 2-year license term. Renewal notices are sent
to the employing broker's office. If you need to receive a
duplicate renewal notice, notify the Real Estate Commission in
writing. Your request should be addressed to: Mary Vargas,
New Jersey Real Estate Commission, PO Box 474, Trenton, NJ
08625-0474.
15. Are there any
waivers of the education requirements?
If you are a Broker or Salesperson in another state, a
disabled veteran, an attorney, have taken college courses in
Real Estate, or have a degree in real estate, you may qualify
for an education waiver. To obtain either a Broker or
Salespersons education waiver package, click here for
Waivers/Experience Reports. |
