How to Get a NJ Real Estate Broker License

This higher level of licensure reflects the increased responsibility brokers have in managing real estate transactions, supervising other licensed real estate professionals, and upholding the integrity of the real estate industry.

Unlike obtaining a real estate salesperson’s license, earning a broker’s license in New Jersey requires a deeper understanding of real estate law, office management, and ethical practices. The real estate commission has established a comprehensive pathway that includes advanced coursework, hands-on experience, and a challenging broker license examination. By meeting these requirements, you demonstrate your readiness to operate as a licensed real estate broker, lead a team, or even open your own real estate office.

If you aspire to manage a brokerage, mentor new agents, or expand your influence in the Jersey real estate market, the journey to becoming a licensed estate broker is both demanding and rewarding. The process ensures that only qualified professionals earn the privilege of holding a broker license, maintaining high standards across the real estate industry in New Jersey.

Advance Your Real Estate Career with Ocean School of Real Estate

Are you a licensed real estate agent in New Jersey ready to advance your real estate career? Real estate schools play a crucial role in providing the foundation for licensing education and professional growth. Earning your NJ real estate broker license can unlock higher income potential, leadership opportunities, and the freedom to operate your own brokerage.

At Ocean School of Real Estate, we help licensed real estate professionals meet the state’s educational requirements by offering a variety of courses for licensing and continuing education. Gain the experience needed and pass the broker license examination with confidence.

Contact us today for more information about our courses and how we can help you achieve your real estate career goals.

Requirements for a New Jersey Real Estate Broker License

To become a licensed real estate broker, it is important to understand the details of the requirements set by the New Jersey Real Estate Commission. The Commission requires every broker applicant to meet specific age, education, and experience standards to obtain a real estate license in New Jersey. There are different types of licenses available, including those for a salesperson or broker, each with its own requirements. The licensing process involves meeting educational, examination, and regulatory steps to ensure legal authority to operate in real estate. Real estate licenses for salespersons and brokers have distinct qualifications and procedures. Related topics such as education, experience, and legal considerations are also covered in this section.

Education Requirements

• A high school education or equivalency certificate is required, and you must complete the required education.
• Completion of 150 hours of prelicensure courses at a licensed school, divided into:
• 90 hours of general real estate education
• 30 hours on broker management and office management
• 30 hours on ethics and agency law
• Proof of successfully completing these courses must be submitted to the education qualification section with your broker applicant form.

Experience Requirements

• Applicant must have been continually employed on a full-time basis as a Jersey real estate salesperson holding a real estate salesperson’s license for the three years immediately preceding the application, under a sponsoring real estate broker. A salesperson license is required for this experience.
• You’ll need to submit a completed experience report verifying this history.
• Applicants must apply for a license through a sponsoring broker after meeting the experience requirements.
• The New Jersey Real Estate Commission may secure waivers for qualified applicants, such as disabled United States veterans or those with equivalent real estate experience.

Examination Eligibility

Once education and experience are verified, the applicant must apply for a license and pass the Broker License Examination administered by the state. The examination eligibility notice will be issued by the real estate commission upon approval of your credentials.

About the NJ Broker License Examination

Applicants must achieve a minimum passing score of 70%. Successfully completing the exam is required for licensure and demonstrates your readiness to manage a real estate brokerage or lead a team of salespersons.

Tips for Success:

• Enroll in a broker course from an approved real estate school like Ocean School of Real Estate.
• Take practice exams and quizzes regularly.
• Create a study plan and review key topics such as real estate law, ethics, and financial transactions.

Ocean School of Real Estate’s NJ Broker Course

Our Broker Course is designed for New Jersey real estate salespersons who want to qualify for the broker license examination.

Course Overview

• 150-hour online program (via Zoom)
• Divided into:
  • Basic Broker – 90 hours
  • Ethics – 30 hours
  • Management & Agency – 30 hours
• Covers essential topics including office management, real estate law, agency relationships, property management, and ethics.

Features & Benefits

• Comprehensive preparation for the NJ broker license exam
• Expert instructors with real-world brokerage experience
• Flexible scheduling for working professionals
• Affordable tuition ($1,000 including all materials)
• Accessible to students anywhere in New Jersey or beyond

How to Enroll

1. Submit your application and tuition payment through our online form.
2. Receive course access instructions before your start date.
3. Upon successful completion, you’ll earn a certificate that satisfies the educational qualification section of your broker applicant form.

Benefits of a Broker License

Earning your NJ real estate broker license provides powerful career advantages:

• Higher Earning Potential – Brokers earn higher commissions and may charge consulting or transaction fees.
• Career Advancement – Manage a team, oversee salespersons, or specialize in office management or commercial real estate.
• Open Your Own Brokerage – Operate independently, build a brand, and hire agents under your supervision.

Many brokers also become real estate trainers, consultants, or owners of real estate companies, expanding their influence across the New Jersey real estate market.

After You Pass the Exam

Once you pass the license examination, the New Jersey Real Estate Commission will issue your broker license. You can then:

• Operate independently as a licensed real estate broker
• Continue working under a sponsoring broker as a broker-salesperson
• Apply to open your own brokerage and employ real estate agents

Choosing the right brokerage or starting your own business requires careful research. Consider commission structures, training support, and reputation when deciding where to work.

Start Your Broker Journey Today

Earning your broker license is one of the most rewarding steps in your real estate career. Ocean School of Real Estate makes it simple to meet all education, experience, and exam preparation requirements—entirely online.

Enroll In Our Broker’s Course To Take Your Real Estate Career To The Next Level!