As a result of significant changes to state law governing residential real estate agency (Section 54.1-2130, et seq. of the Code of Virginia), ALL licensees who renew, reinstate, or activate a salesperson or broker license must complete a Board-approved three-hour course in Residential Standard Agency (RSA).
Completion of the three-hour RSA course is a one-time only education requirement to renew licenses that expire between July 31, 2012, and June 30, 2014. This three-hour course is in addition to the 24 hours of Continuing Education for Brokers, the 16 hours of Continuing Education for Experienced Salespersons, and the 30 hours of Post-License Education for New Salespersons.
NOTE: Licensees who do not practice residential real estate, and shall not do so during the current licensing term, may obtain a waiver from completing the three-hour RSA course. Licensees must submit an original, signed and notarized Residential Standard Agency Continuing Education Course Waiver Notarized Affidavit to qualify for the waiver. Copies, faxes or emails will not be accepted.
Section 54.1-2105.03 of the Code of Virginia requires all brokers and salespersons (who have renewed their license at least once before) to complete Board-approved Continuing Education to renew or activate their licenses.
Brokers must complete 24 hours of Continuing Education to renew their licenses. Of these 24 hours, renewing brokers must take:
Experienced Salespersons must complete 16 hours of Continuing Education to renew their licenses. Of these 16 hours, renewing experienced salespersons must take:
The remaining 8 hours for both brokers and experienced salespersons may be in Real Estate Related Subjects (electives) or in the required Continuing Education subjects already referenced. These Continuing Education requirements also apply to inactive brokers and experienced salespersons who apply to activate their licenses.
The Board will accept up to 8 hours of approved continuing education courses that a broker or experienced salesperson completed in another state, as long as the licensee holds a current real estate license in that other state and completed these continuing education courses during the current two-year license term. These 8 out-of-state hours can be applied only to the "Real Estate Related Subjects" (elective) Continuing Education category.
In order to receive these 8 hours of Continuing Education elective credits in the "Real Estate Related Subjects" category, a licensee must submit:
Mail the documentation to:Virginia Real Estate Board
ATTN: Education Section9960 Mayland Drive, Suite 400Richmond, VA 23233
please contact us in writing or via telephone and we will work with you to make the information available.