Virginia Real Estate Post-License Requirements

If you have recently obtained your Virginia real estate license, you are required to complete post-license education (PLE) to maintain your active status. Understanding these requirements is crucial to ensuring compliance with state regulations and continuing your career as a real estate professional. Below, we break down the key aspects of Virginia’s post-license education requirements.

Who Is Required to Complete the Virginia Post-License Course?

All newly licensed real estate salespersons in Virginia must complete post-license education within their first year of licensure. The Virginia Real Estate Board mandates that new licensees complete this education requirement to keep their license active. Failing to meet the post-license education requirement within the one-year timeframe will result in the automatic placement of the license on inactive status, preventing the individual from conducting real estate transactions until the requirement is fulfilled.

What Is the Virginia Post-License Course?

The Virginia post-license education (PLE) consists of 30 hours of state-approved coursework designed to further develop the skills and knowledge necessary for success in the real estate industry. Unlike pre-license education, which focuses on fundamental real estate principles, the PLE curriculum is tailored to practical aspects of real estate transactions, industry regulations, and professional best practices.

The 30-hour PLE program is divided into the following key subject areas:

• 2 hours in Fair Housing, ADA and Civil Rights
• 6 hours in Real Estate Law and Regulations
• 3 hours in Ethics and Standards of Conduct
• 2 hours in Current Industry Issues and Trends
• 3 hours in Agency Law
• 6 hours in Contract Writing
• 3 hours in Risk Management
• 3 hours in Escrow Requirements
• 2 hours in Real Estate-Related Finance

These courses are designed to enhance a new licensee’s understanding of real estate operations, ethical responsibilities, and legal requirements.

What Will I Learn?

Through the Virginia PLE program, you will gain deeper insight into various critical aspects of real estate practice, including:

• How to navigate and comply with Virginia real estate laws and regulations.
• The importance of ethical standards and fair housing laws in real estate transactions.
• Proper risk management strategies to minimize liabilities.
• How to manage escrow accounts and write legally compliant contracts.
• Effective client representation and communication skills.
• Current market trends and best practices to stay competitive in the industry.

By completing the required coursework, you will be better prepared to handle real-world real estate scenarios with confidence and professionalism.

Is There an Exam?

Unlike the pre-license education requirements, the Virginia PLE courses do not have a final state licensing exam. However, students are required to pass the final exam with a minimum score of 75%. Individual courses may also include quizzes or assessments to ensure comprehension of the material. These assessments help reinforce key concepts and confirm that licensees are adequately prepared for their real estate careers.

Conclusion

Completing the Virginia real estate post-license education is a crucial step in transitioning from a newly licensed agent to a fully active professional in the industry. By fulfilling the 30-hour requirement within your first year, you ensure compliance with the Virginia Real Estate Board’s regulations and gain valuable knowledge that will set you up for long-term success.

If you are a newly licensed Virginia real estate agent, be sure to enroll in an approved post-license course as soon as possible to stay on track and maintain your active license status.