Requirements for obtaining Virginia Sales Associate License
While real estate business in Virginia is one of the most profitable businesses in the commercial world, the same is regulated by the Federal and State Laws. Any one who wishes to become virginia realtor has to be a licensee under the laws of the land. Running a real estate business without a valid license may lead you into legal problems and criminal consequences.
There are certain legal requirements to become eligible to be one of the realtor richmond Virginia. You must be 18 years or older in age. You will have to provide your Social Security Number or identification from the department of motor vehicles in Virginia. There is a mandatory 60 hours training course for the prospective real estate dealers. You have to complete this course successfully and will also have to pass the examination on the Virginia Real Estate courses.
For the “Sales Associate Post-License” in Virginia you have to complete successfully the concerned 30-hour training course. Earlier you had to complete this course within the specified period of two years from the date of grant of your license. Recently there has been an amendment to this law. From the first day of July 2008 onwards you will have to complete this course successfully within one year of getting your license.
You will also have to complete a two-hour education course on the subject of “limited service agency”. This one time requirement applies to all active license holders. So when someone approaches you claiming that he is a virginia real estate agent take care to find out whether he complied with these requirements.