Common Questions about getting a Rhode Island Real Estate License

The top questions prospective students may want to know about Rhode Island real estate schooling and their answers:

1. What are the requirements for obtaining a real estate license in Rhode Island?

Answer: To become a licensed real estate agent in Rhode Island, you must complete a 45-hour pre-licensing course, pass a real estate exam, and submit an application to the Rhode Island Department of Business Regulation.

2. Are online real estate courses approved by the state of Rhode Island?

Answer: Yes, online real estate courses are approved by the state of Rhode Island. However, it's important to choose a reputable and accredited real estate school that is approved by the Rhode Island Department of Business Regulation.

3. How long does it take to complete the pre-licensing course?

Answer: The pre-licensing course offered by the Real Estate Institute of Rhode Island consists of 45 hours of instruction, you can choose day, night or weekend class schedules. The day classes can be completed in as little as 3 weeks.

4. What topics are covered in the pre-licensing course?

Answer: The pre-licensing course covers a variety of topics related to real estate, including contracts, property ownership, finance, appraisal, and real estate law.

5. Can I take the real estate exam online in Rhode Island?

Answer: Yes, the real estate exam can be taken online in Rhode Island through a state-approved testing provider.

6. What happens if I fail the real estate exam?

Answer: If you fail the real estate exam, you may retake the exam but you will need to pay the exam fee again for each retake.

7. Are there any continuing education requirements for real estate agents in Rhode Island?

Answer: Yes, licensed real estate agents in Rhode Island are required to complete 24 hours of continuing education courses every two years to maintain their license.

8. Can I complete my continuing education courses online?

Answer: Yes, you can complete your continuing education courses online through a state-approved provider.

9. What are the benefits of choosing the Real Estate Institute of Rhode Island?

Answer: The Real Estate Institute offers high-quality courses, experienced instructors, and access to student support services.

10. How much does it cost to go to school?

Answer: Tuition fee's typically range from $250-350 and often includes all books.

Ready to get started? Visit www.InstituteRI.com for more information.