The Commission meets on the second Tuesday each month at 9:30 a.m. at the Department of Consumer and Regulatory Affairs located at 1100 4th Street, SW, Washington, D.C. 20024. August is a recess month. Board meeting minutes are available at www.open-dc.gov.
2021 Meeting Dates:
| January 12 | July 13 |
|---|---|
| June 8 | December 14 |
How many unlicensed members are in DC real estate Commission?
The District of Columbia Real Estate Commission regulates the licenses of professional real estate agents and protects consumers by upholding the District of Columbia real estate license law. The Commission consists of nine members appointed by the Mayor.
2018 Meeting Dates:
| January 9 | July 10 |
|---|---|
| June 12 | December 11 |
How much does a DC real estate agent make?
According to Indeed.com, the average salary for a D.C. Metro area REALTOR® is $80,659. That wage number is about 30% above the national average for all American job salaries!
How many people are in the DC real estate Commission?
nine members
The Commission consists of nine members appointed by the Mayor. All members must be residents of the District of Columbia throughout their tenure on the Commission.
Do you need a license to be a property manager in DC?
While a property manager in DC isn’t required to have a broker’s license, which some real estate agents have, they are required to have a property managers license.
Who can attend DC real estate Commission meetings?
Three members must each hold a Broker’s license; two members must hold a Salesperson’s license; two members must hold a Property Manager’s license; one member must be a licensed attorney; and one member must be a consumer member who does not hold a real estate license.
Does DC have reciprocity with MD real estate license?
If you have an active real estate license in a state other than Washington, DC, you may be able to get a DC license by reciprocity or so-called endorsement application. Virginia and Maryland applicants can get a license by reciprocity. You will need to pass the DC portion of the PSI exam.
Where do real estate agents make the most money?
10 States Where Real Estate Agents Earn The Most Money
| Rank | State | 2017 Mean Annual Wage |
|---|---|---|
| 1 | New York | $102,310 |
| 2 | Texas | $72,480 |
| 3 | Hawaii | $72,470 |
| 4 | Alaska | $71,030 |
Why do Realtors make so much money?
They charge a lot because it takes work and money to market, it is hard to get licensed and become a real estate agent, they have to pay for dues and insurance and real estate agents usually have to split their commissions with their broker. The biggest reason real estate agents make so much money is they are worth it!
Do Realtors make good money?
According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.
How much is a real estate license in DC?
$255
How much does it cost to get a DC real estate license? The fee to take the District of Columbia real estate exam is $61.50. The application fee for the DC real estate license is $255.
What is access DC?
Access DC is a service that allows you to easily sign-in to all DCRA applications through a single login, making using our online systems easier and more secure. Once you sign in, your Access DC homepage displays all your DCRA applications in one location.
How long can a real estate license be inactive in DC?
Subject to § 2612.4 of this section, a licensee may remain on inactive status for a period not to exceed five (5) consecutive years.
How can I become a property manager?
How to become a property manager
- Complete coursework in real estate or business.
- Follow state requirements to become a property manager.
- Pass the real estate licensing exam, if required in your state.
- Complete the certification process for specialties.
- Get your first property management job.
How many CE credits are required to renew a property manager license in the District of Columbia?
15 credit hours
Each licensee shall be required to complete 15 credit hours of approved continuing education every two years; 9 hours are in mandatory courses and 6 are in general elective courses.
How do I schedule a DC real estate exam?
Schedule the DC real estate licensing examination by visiting www.psiexams.com or call PSI at (855) 557-0616. Be sure to request either Broker or Salesperson state exam only.
What does Dcra stand for?
Department of Consumer and Regulatory Affairs
Department of Consumer and Regulatory Affairs.
How do you become a broker in DC?
Five Steps to Becoming a Real Estate Agent in Washington DC
- Do your research on the Washington DC real estate market.
- Complete 60 hours of official pre-licensing classes.
- Pass the Washington DC real estate exam.
- Choose a broker to sponsor you.
- Apply for a Washington DC real estate license.
How hard is the DC real estate exam?
The national portion of the District of Columbia Real Estate salesperson exam is made up of 80 questions. In order to pass the exam, an examinee must answer 60 out of the 80 questions correctly to pass (75% correct). The time allowed to complete the entire District of Columbia Real Estate salesperson exam is 4 hours.
How long is the DC real estate exam?
The Washington, D.C. Real Estate Exam consists of 110 questions; 80 for the National section and 30 for the State section. You will have 210 minutes (4 hours) to complete the entire exam. The National section time is 120 minutes (2 hours), and the State section time is 90 minutes (1.5 hours).
Can I transfer my real estate license to Maryland?
You may get your real estate license in Maryland by reciprocity. If you have an active real estate license in another state, you should be able to take the Maryland portion of the PSI exam. You will need to get certification for each state where licensed before you can take the state portion of the PSI exam.
