How to Become a Real Estate Broker in Maryland

As a real estate broker in Maryland, you can sell homes and run a real estate company.

Becoming a licensed real estate broker in Maryland is not an easy process. To begin with, you must be 18 and be considered to have good moral character. For the most part, this means that you must be able to pass a criminal background check. Beyond those requirements, though, there are many educational and other qualifications that you need to meet before you can take your exam and apply for your license through the Department of Labor, Licensing and Regulation.

Instructions

1. Take 60 hours of classes dealing with real estate, real estate law, and property management. This needs to be done at an approved college, and at least three hours of the 60 must deal with real estate ethics. If you have a law degree, this requirement may be waived. A list of approved education providers in Maryland is available at the Department of Labor, Licensing and Regulation's website.

2. Find a job with a real estate company where you are legally providing real estate services and get at least three years of experience with that company.

3. Sign up for your PSI exam. You must pass this exam to receive your broker's license in Maryland. You can sign up for the exam online. The fee is $66.

4. Call the Department of Labor, Licensing, and Regulations Licensing Division at 410-230-6230 or email the department at [e-mail] to request that a real estate broker license application be sent to you.

5. Fill out the application. Attach the test scores you have received in the mail and a copy of your education transcript, which can be obtained from your educational institution. Return the application, along with a check for $115, to the address on the form you receive.

References

• Maryland Department of Labor, Licensing and Regulation: Approved Education Providers
• PSI Exams: Maryland Real Estate Licensing
• Maryland Department of Labor, Licensing and Regulation: Maryland Real Estate Commission