Virginia real estate licensing is administered by the Real Estate Board within the Department of Professional and Occupational Regulation (DPOR). The state portion of the exam tests these rules specifically.
Key Virginia rules
- Salesperson pre-license education: 60 hours (Principles of Real Estate).
- Salespersons must work under a sponsoring/principal broker.
- New licensees complete Post-License Education (PLE) within the first year.
- The exam is administered by PSI and split into national and state portions.
Virginia-specific terms
- Principal broker
- The broker responsible for supervising a brokerage and its licensees.
- Escrow/earnest money handling
- Brokers must deposit funds promptly and keep accurate records per Board rules.
- Agency disclosure
- Virginia requires timely written disclosure of the brokerage relationship.
Always confirm current hour requirements, fees, and CE rules directly with DPOR — rules change, and 2026 brings updates to CE subject hours.