Berks
Real Estate
Institute
Frequently
Asked
Questions
|
|
Berks
Real Estate
Institute
|
|
Frequently
Asked
Questions
|
|
Pre-Licensing
Questions
Continuing
Education Questions
General
Questions
Pre-Licensing Questions
How
does one acquire a Pennsylvania Real Estate License?
A person wishing to acquire a Pensylvania Real estate License must
be at least 18 years of age, have 4 educational credits in real estate
(Real Estate Fundamentals and Real Estate Practice), and have
successfully
completed the State Licensing Examination. After one has passed
the
State Licensing Exam, a sponsoring broker is required for issuance of
the
salesperson's license. Acquiring the educational credits is
mandatory
before one takes the exam. After one has passed the Exam, one may
wait up to three years before activating the license. Failure to
do so within three years would mean that the prospective licensee must
re-take the Exam.
What
are the 2 basic courses?
The 2 basic courses are Real Estate Fundamentals and Real
Estate Practice. Fundamentals provides the student
with
a basic foundation for additional study and supports the practice of
real
estate in Pennsylvania. The course is designed to acquaint the
student
with the language, principles and laws that govern the business of real
estate. Practice provides the student with an
introduction
to all facets of the real estate business, including a survey of fields
of specialization. The course is designed to acquaint the student
with the basic techniques, procedures, regulations, and ethics involved
in a real estate transaction, along with a working knowledge of the
forms
and documents used, including the related mathematics. Each
course
is worth 2 credits. An official school transcript is provided for
each course.
When
are these courses offered?
Berks Real Estate Institute offers these courses every month throughout
the year, morning, evening and/or weekend classes. (Click
here to view our Pre-Licensing Class Schedule). By enrolling in
both
sessions of our weekend classes, a student can complete the educational
requirements of the State Real Estate Commission in just three
weekends.
When
is the State Licensing Exam given?
The schedule for administering the State Licensing Exam is established
by the Testing Agency which holds the testing contract with the State
Real
Estate Commission. PSI currently holds the testing contract for
Pennsylvania.
The exam is offered Monday through Saturday at most locations and is
administered
by PSI at their locations. The cost of the exam is $56.00. The
application process is reviewed and forms for
registration are provided in class. (Click
here
for a summary of Exam procedures and Test Locations).
What
are the requirements in Pennsylvania for becoming a Licensed
Salesperson?
Click here
for a review of qualifications needed for approval as a licensed
salesperson
by the Pennsylvania Real Estate Commission.
What
are the requirements in Pennsylvania for becoming a Licensed Broker?
Click here for
a review of qualifications needed for approval as a licensed
salesperson
by the Pennsylvania Real Estate Commission
Continuing Education Questions
What
are the Mandatory Continuing Education (MCE) requirements for Licensed
Brokers/Salespersons?
You must take 14 hours of continuing education by 5/31/08 to renew
your license for the period 6/1/08 - 5/31/10. There is no
Required
Course mandated by the Real Estate Commission.
You may take two 7-hour Elective courses. As an alternative, most of
our
15 hour, 1 credit broker courses will also fulfill your entire
requirement
for Continuing Education. Click to see our current MCE
class schedule or our current Broker Course
schedule.
General Questions
What
is the phone number for the Pennsylvania Real Estate Commission?
The phone number for the Pennsylvania Real Estate
Commission is 1-717-783-3658.
What
is the phone number for the Pennsylvania Appraisal Board?
The phone number for the Pennsylvania Appraisal
Board is 1-717-783-4866.
What
is the repeat policy?
If a student has paid for, and has been enrolled
in, a Berks Real Estate Institute
Fundamentals
and Practice course and,
How
do I obtain duplicate copies of my transcript?
Transcripts are provided upon completion of each
course at no charge. There is a $5.00 charge for duplicate transcripts.
Requests may be submitted in writing along with a check or may be
requested
via fax with payment by credit card. Mail to Berks Real
Estate
Institute, P.O. Box 4247, Reading, PA 19606. Include your name
and
approximate time when the class was taken along with your current
address
where the transcript should be sent.
Courses • Requirements•Locations•Directions• Contact Us • FAQs • Home