The state of Ohio ranks among the top ten most populated and most densely populated states in the country. With this in mind, potential realtors in Ohio have a great opportunity to establish a successful business. Those wondering how to get a real estate license in this state might not know where to begin. For starters, the Ohio Department of Commerce manages the Division of Real Estate and Professional Licensing, which oversees all licensing and application requirements for potential realtors in Ohio. This article addresses the basic prerequisites, educational requirements and other factors necessary for a person to obtain a real estate license in the state of Ohio.
The Ohio real estate division has developed a specific set of guidelines to which applicants for a real estate license must adhere in order to be granted a license. In general, all applicants for an Ohio realty license must:
- Be at least 18 years old
- Hold a high school degree or equivalent (if born after 1950)
- Prove that they are “honest, truthful and of good reputation”
- Complete 120 classroom hours of prelicensure coursework
- Obtain sponsorship by an Ohio broker
- Meet the criminal conviction requirements
- Submit an official application with appropriate fees ($60)
- Pass both portions of the licensing exam
Training & Education
Ohio real estate applicants must complete 120 hours of prelicensure coursework or an equivalent as provided for by the division. A list of approved providers appears on the division’s website. While 120 hours have to be completed before applicants can sit for the licensing exam, the courses can be completed within a ten year time frame to count towards licensure. Once licensed, a realtor has one year from the date of initial license to obtain 10 hours of post-licensing coursework.
The Ohio licensing exam is handled through PSI, Inc. as a separate process. Applicants should pay and register for the exam directly through the testing service. Detailed information concerning eligibility, testing requirements and scoring may be found by visiting the testing service’s website. To take both portions of the required exam, the fee is $63. If an individual needs to take the two portions separately, there is a $43 fee for each portion.
Realtors in the state of Ohio must renew their licenses annually on their birthday.
The Ohio real estate division recognizes the following states for reciprocal purposes: Arkansas, Colorado, Connecticut, Mississippi, Nebraska, Oklahoma, West Virginia and Wyoming. Realtors from these states must take an Ohio real estate course, be affiliated with an Ohio broker and pay applicable fees in order to be granted a reciprocal license. Other conditions may apply. In states that do not hold a reciprocity agreement with Ohio, realtors must meet additional requirements.
Ohio state also recognizes broker licenses in addition to basic salesperson licenses. Broker licenses require more education and experience along with other more specific qualifications. This article simply addresses salesperson licenses for the purpose of initial education on the topic. Individuals interested in obtaining additional licensing should check out the division’s website for detailed information regarding supplemental education and experience requirements.
Ohio regulates its real estate licensees under a set of guidelines that applies specifically to residents and nonresidents who wish to practice real estate within Ohio state borders. National and international organizations exist that monitor the practice of realty on a global platform. The National Association of Realtors and the Association of Real Estate License Law Officials (ARELLO) develop and maintain set rules and regulations for realtor codes of ethics, ensuring that commissions around the world adhere to the same universal principles.