Step 1: Take the 40- hour pre-licensing education
All new salesperson candidates must take the 40-hour Vermont pre-license course. You must complete the course from an approved education provider. You can also search for approved courses in the Office of Professional Regulation (OPR) portal.
Your course will teach you about real estate principles and practices, such as agency, federal regulations, state regulations, contracts, financing, and property valuation. At the end of the course, you must pass a final exam to receive a Certificate of Completion.
Step 2: Schedule the national licensing exam
The fastest way to schedule your Vermont salesperson licensing exam is to go to the PSI website. Start the scheduling process and create a PSI account. You do have the option of telephone scheduling by calling 1-913-895-4600 or to use the paper registration found in the PSI Handbook.
The national salesperson examination fee is $110. PSI accepts major credit cards, cashier’s check, or money orders. The fee is non-refundable, but you can reschedule your exam just once for no charge.
PSI has test centers located in Burlington and South Burlington, VT. Additional test centers are available in New Hampshire and Massachusetts. The Candidate Information Handbook contains specific addresses, testing schedules, and more relevant information about the exam process.
Step 3: Pass the national licensing exam
Arrive for your national licensing exam no later than 15 minutes before the exam appointment. Present two forms of identification, with one being government-issued and showing your name, signature, and photograph.
The national licensing exam is 100 multiple-choice questions on a range of real estate topics. There may also be up to five “pre-test” questions that are experimental and do not count for your score. The Candidate Information Handbook breaks down the topics and the number of questions per topic. The total time for the exam is 2.5 hours.
As soon as you finish the exam, report to the testing supervisor for your score report. The report will show if you passed. If you did, your score report will also have instructions for applying for a license. Your examination results will also be forwarded to the Vermont Real Estate Commission (VREC). If you did not pass, the report will have your scores and re-application instructions.
