How To Earn A Rhode Island Real Estate License
How To Earn A Rhode Island Real Estate License
When it is time to earn your real estate license, the first step is making sure you are prepared. Luckily, TrainingCenter has both the required Rhode Island pre-licensing courses and training programs for how to list, sell, handle real estate objections, and more.
Essentially, you'll start by taking your state-specific pre-licensing course, then passing your exam. Tips for both, as well as recommended courses, appear below.
What Does A Rhode Island Real Estate Agent Do?Real Estate Agents in Rhode Island help clients to purchase, rent, or sell property. This includes finding buyers and sellers, providing advice and helping to negotiate on price, and referring home inspectors or mortgage professionals - all within federal and state rules and regulations. Further, they are required to represent the best interests of their clients, whether they be buyers or sellers.
Additionally, depending upon whether representing the buyer or the seller, agents can recommend an appropriate selling price, market the property, negotiate offers, attending and/or reviewing the home inspection and appraisal, provide feedback on comparable sales.
The Benefits Of Having A Rhode Island Real Estate LicenseThere are many benefits to having a real estate license. While helping to serve your community find their "dream house", you also benefit from flexible hours and the opportunity to have high earnings via your commissions. For those who invest in real estate, having a license gives you early access to properties as they become available.
About Our Rhode Island Real Estate Licensing Courses And Exam Prep Materials
We offer Rhode Island real estate license training courses that fulfill Rhode Island's pre-license education requirements. Our Rhode Island training and exam prep materials are delivered in an easy-to-understand manner that provides important insights and valuable exam tips and strategies covering Rhode Island's rules and regulations for Rhode Island real estate licensing. You receive:
- Both Print And Online Course Materials
- Sample Exams
- Exam Prep Materials
- Instructor Support
When you have completed the training materials, make sure to take as many practice exams as possible. This will help you to pinpoint and overcome problem areas, and ensure that you pass your Rhode Island real estate licensing exam on the first try!
Recommended Rhode Island Real Estate Licensing Courses And Exam Prep Materials
You'll find the real estate licensing courses you need here at TrainingCenter. We offer state-approved courses that can meet the Rhode Island pre-licensing requirement.
To find the right state-approved course for you, simply select "Licensing" and your state from the search box below. Good luck earning your Rhode Island Real Estate License!
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About The Rhode Island Real Estate License Requirements
To help with how to get a real estate license in Rhode Island, we have provided below information on Rhode Island licensing requirements, its insurance department, and examination scheduling facilities, as well as info on what is on the exam and tips for passing it.
Topics on the Rhode Island Real Estate License ExamThe Rhode Island real estate licensing exam is composed primarily or multiple choice questions covering both national and state-specific information. Exam topics include real estate law, ownership, land use controls and regulations, disclosures, valuation, financing, titling, taxes, and contracts.
Rhode Island Department of Business RegulationAddress:1511 Pontiac Ave, Cranston, RI 02920
Phone: 401-462-9500
Website: https://dbr.ri.gov/Examination SchedulingProvider: Pearson VUE
Website: https://home.pearsonvue.com/ri/realestateRhode Island Real Estate License Requirements
The following lists any applicable pre-licensing, continuing education, renewal, and reciprocity requirements for Rhode Island real estate licensing.
Real Estate Education Requirements:- Rhode Island real estate salesperson license: 45 hours (which must include the 3-hour New Agency Law course)
- Rhode Island real estate broker license: 90 hours (in addition to the 45 hours required for salespersons)
State Reciprocity: Rhode Island has reciprocity agreements for either a salesperson or broker license with Connecticut and Massachusetts. Applicants from these states must submit a:
- Completed real estate application
- Criminal history record from the Rhode Island Department of the Attorney General’s office, as well as one from the applicant’s home state law enforcement agency
- Taxpayer status affidavit or identity verification
- Certificate of completion of a 3-hour course in lead poisoning/lead hazard mitigation
- Certificate of errors and omissions insurance
- Certificate of licensure or letter of good standing from the applicant’s home state’s licensing authority
- Irrevocable power of attorney form for service of process
Continuing Education And/Or License Renewal Requirements:- Real estate professionals in Rhode Island must renew their real estate licenses by April 30 of even-numbered years
- Licensees must complete 24 hours of real estate CE
- This must include 6 hours covering core courses. There are nine core course subject areas to choose from: law of agency, law of contracts, Rhode Island landlord-tenant law, fair housing, lead hazard mitigation or environmental issues pertaining to real property, Rhode Island license law, financing the purchase of real estate and ethics
Good luck passing your Rhode Island real estate licensing exam!
Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein.
