TENNESSEE Broker License |
Information on obtaining license.
License Education:Pre-License
- 120 classroom hours of approved real estate education by TREC
- 30 of which must be “Office/Broker Management"
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Must complete 120 hours of approved education before the renewal of license for the third year.
Continuing Education:
- 16 hours of continuing education classes every 2 years.
Other Requirements:
One of the three experiences must be met.
One of the three experiences must be met.
- 24 months actively licensed, if licensed as an affiliate broker on or before May 12, 1988
- 36 months actively licensed, if licensed as an affiliate broker after May 12, 1988.
- 24 months actively licensed, if the candidate has a baccalaureate degree with a major in real estate.
Applications:
Reciprocity:
If you hold an active real estate license and live in a state listed below, complete a Reciprocity License Application. You must provide with this application a "Certified License History" from all the states where you hold or have held a real estate.
If you hold an active real estate license and live in a state listed below, complete a Reciprocity License Application. You must provide with this application a "Certified License History" from all the states where you hold or have held a real estate.
- Alabama
- Arkansas
- Colorado
- Connecticut
- Georgia
- Idaho
- Iowa
- Kentucky
- Louisiana
- Massachusetts
- Mississippi
- Missouri
- Montana
- Nebraska
- New Mexico
- North Carolina
- North Dakota
- Oklahoma
- South Dakota
- Virginia
- West Virginia
- Wyoming
Reciprocity application can be found here.
Examinations:
- The testing company is PSI (1-800-733-9267)
- National Portion is 80 questions and a 150 minute time limit
- State Portion is 50 questions and a 90 minute time limit.
- 75% is required on both parts to pass the exam
- The exam fee is $55.
- Topics on the national portion of the exam include property ownership, land use control and regulations, valuation and market analysis, financing, laws of agency, mandated closures, contracts, transfer of property, practice of real estate, and real estate calculations.
- Topics on the state portion include duties and powers of real estate commission, license requirements, advertising and marketing, broker/affiliate relationships, handling of documents and record keeping, handling a trust/escrow fund, and disclosure issues.
Helpful Books:
The following reference books can help you prepare for the exam.
The following reference books can help you prepare for the exam.
National Portion
- Real Estate Fundamentals
- Modern Real Estate Practice
- Real Estate Principles and Practices
- Real Estate Law
- Real Estate Principles
- The Language of Real Estate
- Marketing Real Estate
State Portion
- Tennessee Real Estate Broker's Licensing Act of 1973
- Official Manual of the Tennessee Real Estate Commission
- Tennessee Real Estate Basics
- Tennessee Consumer Protection Act and Related Laws
- Tennessee Uniform Residential Landlord and Tenant Act
- Rules and Regulations of the Tennessee Real Estate Commission
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