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
Grace Period
There is a penalty fee of $50.00 per month for failing to timely renew. Penalties begin to accrue after expiration date. It is $50 per month up to one (1) year.
If license is expired less than 1 year can submit a reinstatement request in CORE. Late fees will be calculated and then will be notified to reapply for license in CORE and pay reinstatement fees. If license is expired over 1 year will need to submit reinstatement request online via CORE. Then will be notified when they are registered to take both exams again. After passing exams 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