Are you considering a career in real estate in New Hampshire? If so, you’ll need to obtain a New Hampshire real estate license. Becoming a licensed real estate agent in the state requires completing pre-licensing education, passing a licensing exam, and meeting other state requirements. This guide will provide you with all the information you need to know about getting your New Hampshire real estate license.
In this guide, we’ll cover the following topics:
Pre-Licensing Education Requirements
To become a licensed real estate agent in New Hampshire, you must first complete pre-licensing education. The state requires a minimum of 40 hours of approved education, which must include topics such as:
Topic | Hours Required |
---|---|
Agency Relationships | 3 |
Contracts | 6 |
Real Property Ownership/Interest | 6 |
Finance | 6 |
Real Property | 6 |
Marketing Regulations | 6 |
Practice of Real Estate | 6 |
Total Hours Required | 40 |
The state does allow for online education options, but it’s important to ensure the course you choose is approved by the New Hampshire Real Estate Commission.
Licensing Exam
After completing the required pre-licensing education, you’ll need to pass the New Hampshire real estate licensing exam. The exam consists of two portions:
- The national portion, which covers topics such as property ownership, contracts, finance, and real estate practice.
- The state portion, which covers New Hampshire-specific real estate laws and regulations.
You must pass both portions of the exam with a score of 70% or higher. The exam is administered by PSI, which has testing centers located throughout the state. You’ll need to schedule your exam in advance and pay a fee to take the exam.
State Licensing Requirements
Once you’ve passed the licensing exam, you’ll need to meet other state licensing requirements before you can practice real estate in New Hampshire. These requirements include:
- Being at least 18 years old
- Completing a fingerprint background check
- Submitting a licensing application and fee
You’ll also need to find a sponsoring broker to work with. A sponsoring broker is a licensed real estate broker who will oversee your work as a new agent. You cannot practice real estate in New Hampshire without a sponsoring broker.
Continuing Education Requirements
After obtaining your New Hampshire real estate license, you’ll need to complete continuing education to maintain your license. The state requires a minimum of 15 hours of approved continuing education every two years. This education must include at least 3 hours of ethics training.
Failure to complete the required continuing education can result in your license being suspended or revoked.
Real Estate Career Opportunities in New Hampshire
Now that you have your New Hampshire real estate license, you’re ready to start your career in real estate. The state offers a variety of real estate career opportunities, including:
- Residential real estate agent
- Commercial real estate agent
- Property manager
- Real estate appraiser
- Real estate broker
Real estate agents in New Hampshire can earn a good income, with the average salary for agents in the state being around $65,000 per year.
The Benefits of a Career in Real Estate
There are many benefits to pursuing a career in real estate in New Hampshire, including:
- Flexible schedule
- Unlimited earning potential
- Opportunities for advancement
- The ability to help others find their dream homes or properties
- The satisfaction of closing deals and earning commissions
If you’re a self-motivated individual who enjoys working with people and has a passion for real estate, a career in real estate may be the perfect fit for you.
Conclusion
Obtaining a New Hampshire real estate license can be a rewarding and lucrative career move. By completing the required pre-licensing education, passing the licensing exam, and meeting state licensing requirements, you can become a licensed real estate agent in the state. With a variety of real estate career opportunities available and the benefits of a flexible schedule and unlimited earning potential, a career in real estate may be the perfect fit for you.