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Essentials of New Jersey Real Estate
Essentials of NJ REAL ESTATE


Course Options:

We offer two core programs:

  • 75-Hour Pre-Licensing Course – Required to become a licensed real estate salesperson in New Jersey.
  • 150-Hour Broker Course – For experienced agents ready to become licensed brokers.

All courses are offered fully online and self-paced, giving you the flexibility to study when and where it works best for you.


What’s Included in the Course:

  • Chapter-by-Chapter Video Lessons – Professionally recorded videos that break down complex topics.
  • Broker Testimonials – Learn from successful brokers and real-world industry professionals.
  • Interactive Chapter Quizzes – At the end of each chapter, you’ll take a quiz to assess your understanding.
  • A minimum score of 70% is required to move on to the next section.
  • Unlimited Access – Take your time—You have 6 months to complete the course and 1 year from the time you complete it and pass the school exam to register with a broker.

Final School Exam:

Once you complete the required 75 hours of learning, you’ll take the school exam, which includes 110 multiple-choice questions.

  • You must pass this final exam to receive your completion certificate.
  • Again, this is at your own pace – you have 6 months.

After You Pass our School Exam:

  • Once you pass the school exam, we will issue your Certificate of Completion and submit your results to PSI, the testing agency approved by the New Jersey Real Estate Commission. You have 1 year to register with a Broker.
  • After PSI processes your certificate, you’ll be eligible to schedule and take the New Jersey State Licensing Exam. PSI will email you directly with a link to schedule the exam.
  • The state exam fee is typically $45–$50 per attempt.
  • Best advice we can give you when you take the test. Don’t over study the day before. Read each question 2x make sure you understand what you are reading. Some of the questions will have an “except” at the end – leaving you to think the opposite.

You’re Not Alone – We’re Here to Help

Even though our courses are online and self-paced, you’ll never feel like you’re going through it alone:

  • Access to support videos and study tips
  • Optional one-on-one sessions with the Principal of the School for extra help (available for an additional fee)

Join the many successful students who have trusted Signature Real Estate School to help them achieve their real estate goals. Whether you’re becoming a licensed agent or pursuing a broker’s license, we’re committed to helping you every step of the way.

Once you enroll, we also offer à la carte options for additional support, including one-on-one sessions with a math instructor or the Principal Broker. While these sessions involve an additional fee, they can be invaluable when you need extra help understanding the material. Sometimes, personalized guidance makes all the difference.



Passed your NJ State Exam!


After You Pass the State Exam:

The testing center will give you a printed certificate indicating your passing status. This certificate has an expiration date, and it’s very important to keep that in mind.

🕒 The certificate expires one year from the date you FINISH your course — not from the date you took the exam. That means you must:

  1. Pass the 75-hour course
  2. Pass the state exam
  3. Find a sponsoring broker who can activate your licenseall before the expiration date.

⚠️ Many students overlook this deadline and end up having to retake the entire 75-hour course. Don’t let that happen to you!

Choosing the Right Brokerage

Finding the right broker is one of the most important decisions you’ll make when starting your real estate career. Here are a few key things to consider:

Location & Accessibility

Choose a brokerage in an area where you can easily go into the office to learn and grow. You’ll want a place where you feel comfortable and supported as you get started.

🚫 Don’t Be Tempted by High-End Areas

Many new agents are drawn to luxury markets because of the higher commissions. However, these markets are often dominated by experienced agents, making it very difficult for new licensees to break in.

Instead, look for a brokerage that is willing to train and mentor you in a more accessible area. The learning opportunity will be much more valuable early in your career.


Big Brokerage vs. Boutique Office – What to Know

Larger firms with 50+ agents often don’t have the time or resources to provide one-on-one training. You may be placed on a team or assigned a mentor—but that often comes with a cost, such as giving up a large percentage of your commission. They also give you online resources instead of one on one help.

💡 Before Signing with Any Brokerage:

  • Read the Independent Contractor Agreement carefully!
  • Ask what happens if you decide to leave
  • Some brokerages lock you into yearly or bi-annual agreements
  • Others may penalize your split with any pending transactions.

Commission Splits & Support

As a new agent, expect a lower commission split while you’re learning. Ask:

-How will your split change as you gain experience?

-What kind of support will you receive?

-Will the broker be personally available to guide you?

 

📞 Direct access to your broker is critical. Some offices rely on bots or chat to answer agent questions. But when you’re facing a legal or ethical risks, you’ll need a broker who is available.

One legal mistake can cost you more than your commission for the entire year. So, a higher split means nothing if you’re not properly supported.

Final Thought: Don’t Just Chase the Commission

Choosing a brokerage isn’t just about the money. Pick the one that will invest in your learning, give you access to real support, and help you build a long-term, sustainable career.

 

We dont sell your information to Brokerages – although keep in mind PSI (Testing Center) typically does. So when you finish the class the soliciation will begin. We can also provide you with a list of Brokerages in your area.




What fee's to expect when activating your license:


💼 Fees to Expect

Starting your real estate career is exciting—but it’s important to be financially prepared. Getting licensed & launching your business comes with a variety of fees. Here’s a breakdown of what to expect:


1. License Activation

-$160 – This is the fee paid to the state to officially activate your real estate license once you’ve passed the exam and found a sponsoring broker.

2. REALTOR® Association Membership (Optional but Common)

-If your broker is a member of the National Association of REALTORS®, you will likely be required to join as well.

-Estimated Annual Fee: $550
This includes membership to:

  • National Association of REALTORS® (NAR)
  • New Jersey REALTORS® (NJR)
  • Your local board or association (Multiple)

3. MLS (Multiple Listing Service) Access Fees

You’ll need access to the MLS for the regions in which you plan to work. Each MLS requires a separate membership and fee.

📍 Common New Jersey MLS Systems:

-Garden State MLS (GSMLS) – Union, Morris, and Western NJ

-New Jersey MLS (NJMLS) – Bergen and Essex Counties

-Monmouth Ocean MLS (MOMLS) – Monmouth and Ocean Counties

All Jersey MLS (AJMLS) – Middlesex County

🧾 Each MLS has its own fee structure – (+/-) $160-$500 annually, sometimes billed, monthly. _____________________

4. Supra eKey Access

(For Lockboxes)

-You’ll need Supra eKey access to open electronic lockboxes at listings.

-Your access only works in MLS regions where you hold active membership.

-Supra Access Fee: Approx. $18/month

-You must have an active MLS membership in each region to access that area’s lockboxes.

⚠️ Many new agents assume their Supra key works statewide—it does not. Access is MLS-specific.


5. Errors & Omissions (E&O) Insurance

This protects you legally in the event of a mistake, violation, or lawsuit.

-Approx. $600–$750 per year

-Some brokerages charge a flat annual fee, while others charge per transaction


6. Technology, Website, and Back-End Systems

Depending on the brokerage, you may be required to pay for tools to run your business, including:

-CRM (Client Relationship Manager)

-Document storage / eSign platforms

-Website

-Lead generation tools

💳 Fees can range from $99 to $300/month, depending on the tools and support offered.


7. Marketing & Miscellaneous Startup Costs

-Business Cards

-For Sale/Rent Signs

-Personal website/domain

-Professional headshots

These are essential branding and business tools for any new agent and vary depending on your choices.


🔑 Key Takeaway: You’re Starting a Business

Becoming a real estate agent isn’t just getting a job—it’s launching your own business. Just like any business, there are startup costs involved.

💡 Planning ahead financially can prevent surprises & set you up for long-term success. Many agents who budget wisely & invest in the right tools build a solid foundation for a thriving career.

About

ADVANTAGES OF A CAREER IN REAL ESTATE

There are approximately 83,000 real estate agents and 7,000 brokers in the state of New Jersey. With so many people seeking a career in real estate, it is no wonder that this industry offers many advantages. Below are a few reasons you might want to pursue a career in real estate.

  •  Control your schedule. Real estate agents typically set their own hours. As long as you meet client expectations and complete work promptly, schedules are more flexible than a traditional job.
  •  There is no set salary. While the median annual salary for real estate agents was $50,730 in 2019, most real estate agents work on commission so the earning potential is virtually endless. Even though this can be stressful for some individuals, it can be a great opportunity to make a comfortable salary if you are motivated and possess strong sales skills.
  •  It offers an excellent work-life balance. Because real estate agents have flexible schedules, they can attend family events and spend more time with friends than people who work in the corporate world.

For diligent, sales-motivated individuals, a career in real estate can be very fulfilling.

How To Become a New Jersey Real Estate Agent

If you are ready to join the nearly three million individuals who currently possess active real estate licenses, there are a few steps you need to follow. New Jersey has specific regulations so you want to make sure you follow these guidelines carefully:

Meet age requirements

New Jersey stipulates that you must be at least 18 years of age to obtain a real estate license. You must also possess a high school diploma and be a U.S. citizen or legal resident.

Complete education courses

You must complete 75 hours of approved real estate education courses. The Signature Real Estate School NJ offers two courses that count towards this 75-hour requirement. Our NJ real estate salesperson course is a high-quality, affordable class that prepares students to take the license exam. The course is comprehensive and covers all subjects that are covered on the exam, including contracts, appraisals, landlords and tenants and fair housing issues. Our 150-hour broker course prepares students to take the New Jersey broker license exam. It covers topics including agency ethics and office management. Due to the current COVID-19 pandemic, all Signature Real Estate School NJ courses are being offered online until further notice.

Pass the licensing exam

After you complete the required education courses, you must register for and pass the examination within one calendar year.

Complete additional requirements

Before you apply to become a licensed real estate agent, you need to be sponsored by a broker and have your fingerprints taken. You can then submit your final application to the state licensing board.

10,000 Alumni have
Passed the State Exam

Contact Signature Real Estate School NJ

If you are looking for a quality real estate course in NJ, contact Signature Real Estate School today. Prepare for the real estate agent or broker exam by enrolling in our real estate classes online. Call 908-345-2011 today for more information.

Testimonials

Explore Recent Testimonials

Michele WurstMichele Wurst
19:18 26 Aug 24
I highly recommend taking the Real Estate sales course with Signature Reality. Joette is a wonderful instructor and truly prepares you for success in taking the school exam, state exam and your new career in the real estate business! Joette goes above and beyond and gets to know each and every student in the class. I give Joette my highest recommendation!
Signature Real Estate school was truly amazing! My instructor Jon was very engaging and helpful. The broker Tina is kind and knowledgeable, offering assistance whenever needed. I passed my state exam on my first try which is truly a testament of the high quality teaching taking place.
Pamela ArcherPamela Archer
15:32 07 May 24
Exceptional, Teaching when it comes to Mr. Jon Garcia. Not only was he patient, made sure you understood and made the class enjoyable to understand Real Estate language, He asked if there are any questions and gave examples and key points to get us to thoroughly understand!. He never spoke negativity over our class, he motivates you, he spent time with each classmate, called on us to participate and guess what no one fell asleep. What a phenomenal Teacher! Our class participated and we were all engaged with Mr. Jon Garcia. Mr. Garcia is gifted to teach and I wish his journey to the highest of Blessings. Thank you Signature Real Estate School for Having Mr. Jon Garcia as part your establishment instructors. Thank you Mr. Jon Garcia for teaching me.
William HernandezWilliam Hernandez
02:13 03 May 24
This course was amazing . I super strongly recommend it. The instructor Jon Garcia was incredible, He made this course so user friendly with an unbelievable amount of patience to teach each and every one. He would stay extra time beyond class if we needed to answer questions or to help us better understand a subject or any terms discussed through out. I understood everything . Look no further this course is it . 5 stars all the way !
Karl EnglishKarl English
01:56 03 May 24
Jon Garcia at Signature Real Estate School excels in teaching complex material in a very digestible format, ensuring all students are on board before moving forward with the material. If you're seeking to obtain your real estate license, I highly recommend this school for its top-notch instructors and dedicated teachers like Jon. 🙏🏾
Anthony ConradAnthony Conrad
17:26 24 Apr 24
Signature Real Estate does a great job of preparing students for the state exam as well as a career in real estate. The instructors are pleasant, attentive, and knowledgeable making it easy to learn and understand the material. Signature Real Estate takes the time to make sure their students not only have the information, but also understand it and are properly prepared to enter the world of real estate. Signature Real Estate School is the best place to start your journey.
Jilletta RileyJilletta Riley
12:44 28 Mar 24
I had already signed up for another class whose facilitator had not responded . That turned out to be a blessing in disguise. In my search for another class I saw Signature Real Estate School. I called and Tina (owner) answered. The conversation was as though I had known her forever. She took time with me and calmed my anxiety about entering a field I knew nothing about and had sone questions. I immediately registered for her class.… And the patience and knowledge she exhibited in that initial call, was the theme she promoted through the entire class. She and Charles created an exciting, adventurous, funny, but low anxiety environment for learning. I looked forward to our classes every evening, with expectation of what I was going to learn next. I was fortunate, because… by using the tools, Tina gave us, I only have to take the test one time, and I passed! I owe that to the ease with which she and Charlie made me feel. Don’t get me wrong, you have to do the work and you have to study (and I studied hard). But they helped create a supportive environment to make it a little easier to succeed. Thank you Tina and Charles . I think everyone should take your class!.
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