Real Estate Affiliate Broker
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About
Requirements
Affiliate broker candidates must complete sixty (60) hours of real estate education in real estate principles/fundamentals before they take the examination. Proof that the education described above has been completed will be forwarded by the school where the education was completed to PSI. You may not register for the examination until the school has provided that information to PSI [pdf]. The school will also provide you a certificate or letter of course completion that you must submit to TREC with your application for licensure. Affiliate brokers licensed after 12/31/04 must have completed the 30-hour "Course for New Affiliates" prior to their license being issued and a letter or certificate of completion of the "Course for New Affiliates" must also be submitted with the license application.
Other Requirements
Active Affiliate Brokers and Brokers must have active Errors & Ommissions insurance and be affiliated with an active Real Estate Firm
Fees
Initial Fee: $91.00
Renewal Fee: $75.00
Additional
- PSI Application signed by Principal Broker-this is obtained at the testing center upon successful completion of the examination.
- Proof of High School Graduation
- Proof of completion of pre-license education (60 hr. & 30 hr.)
- Proof of errors and omissions insurance policy
- Payment of all fees due. ($91.00)
- Eligibility Verification
- Electronic Fingerprinting
- Fingerprint Policy and Acknowledgement
Late Fees
Late fees begin to accrue after the license expiration date. There is a late fee of $50.00 per month up to 120 days with an increase to $100.00 per month for the remaining 121-365 days.
If a license is expired less than one year, the individual can submit a request to reinstate online at core.tn.gov. The individual will be notified by TREC to reinstate their license online at core.tn.gov and pay the reinstatement fees. If a license is expired over one year, the individual will need to a request to reapply online via core.tn.gov. An individual’s license that has been expired over one year will be required to retest/reapply. The individual will be notified by TREC when they have been registered to take both exams again. After passing exams the individual can reapply for license.
Continuing Education: How many education hours do I need?
16 hours for Affilate Brokers and Brokers past their intial 3 year post broker 120 education requirement.
Continuing Education: How do I check status of my education?
Licensees can check the status of their education through their CE Broker Account
Change of Address
In order to change your home address, you will need to log in or create an account at https://core.tn.gov. After you log in or create an account, you will choose the “My Licenses or Permits” tab, select your credential, then select the Change Address option. There is not a fee for a home address change.