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Wednesday, October 2, 2013

Thinking About Obtaining Your Rhode Island Real Estate License?

Have you ever considered obtaining your Rhode Island Real Estate License? There are great benefits to being a real estate agent- many people love that you work for yourself and make your own hours. As long as you are at least 18, both residents and non-residents of the state may get a license. So what is the procedure towards obtaining your Rhode Island real estate license?

 1. Identify And Complete License Requirements
          In Rhode Island, there is a handful of requisites you need to complete prior to obtaining your Rhode Island real estate license. You need:

      a. Three written references from legal residents unrelated to you. Each referral must be a home owner and have known you for a minimum of three years.

      b. File a statement under oath attesting your character. A broker with a Rhode Island real estate license must agree and sign your oath.

      c. In addition to your real estate classes, you must also attend a three hour course on lead hazards/poisoning.

      d. If you are a non-resident of the state, you must file a Power of Attorney Form for service of process.

 2. Attend Classes

          To receive your Rhode Island real estate license, you need to attend 45 hours worth of classes. There are several different schools located around the state, with lots of different time and date options. Click here to find a school near you.

 3. File Your Application, Book Exam Date
          Once you complete all of your classes and submit your written requirements, call to schedule your exam! Though you have two years after you finish your courses to obtain your license, you might as well get it done and start working! The exam is a $70 fee.

 4. Pass The Test!
          Make sure to rest, eat a healthy breakfast, and of course, STUDY! You are allowed four hours to take the test, but it takes most people around 2 - 2.5 hours. Give yourself plenty of time and read each question and answer carefully. Once you pass, you will be licensed on the spot. It is an additional $150 for license.

Good luck on your journey towards your very own Rhode Island real estate license!

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