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Real Estate Broker
Total cost: $865
Some details on this page are not yet confirmed against an official source. See sources below or contact the licensing board to verify.
90 hrs
Pre-License Hours
2 yrs
Experience Required
Yes
Exam Required
24 hrs
CE Hours
$865
Total Fees
Permitted
Dual Agency
Broker Pre-License Education
Mostly verifiedPre-License Hours
90 hours
College Degree Required
No
Approved Providers
Rhode Island-approved real estate schools, colleges, and online providers
Additional Broker Courses
Additional broker-specific courses in management, supervision, and advanced real estate topics required beyond salesperson education
Course Topics
Real estate broker education requirements include pre-license coursework covering topics such as real estate law, brokerage management, contracts, finance, and ethics. Some states require a college degree in addition to pre-license hours, while others accept equivalent experience.
Browse Real Estate Broker study materials on Amazon →(affiliate link)
Start with the salesperson license
Broker licensing in Rhode Island typically requires completing your salesperson (real estate agent) license first and practicing for 2 years before you can sit for the broker exam. The pre-licensing courses below are the recommended starting point on the path to a broker license.
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Agent Experience & Transaction History
Mostly verifiedAgent Experience Required
Prior real estate sales agent experience
2 yrs
Min Years as Agent
Most states require a period of active experience as a licensed real estate sales agent before qualifying for a broker license. Some states use a points-based system or require a minimum number of closed transactions as an alternative or additional requirement.
State Broker Exam
Mostly verifiedState Broker Exam Required
Real estate broker licensing examination
Multiple-choice; national and state-specific portions
Format
Pearson VUE
Provider
70%
Passing Score
$50
Exam Fee
Exam Sections
The real estate broker exam typically includes both a national portion covering general real estate principles and a state-specific portion covering local laws and regulations. Exams are usually administered by third-party providers such as PSI or Pearson VUE at authorized testing centers.
Overall licensing difficulty: 9/100
Study recommendation: 1–2 weeks of focused review is usually sufficient
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Broker Exam Prep Books
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Difficulty rating based on education, exam, and experience requirements. Individual experience may vary.
Real Estate Broker Exam
Passing Score
70%
Format
Multiple-choice; national and state-specific portions
Administered By
Pearson VUE
Key Topics Covered
Cost of failing
Retake fee: $50Invest in preparation to pass the first time.
How long should you study? Most candidates study 2–4 weeks before taking the Real Estate Broker Exam.
Study guides for the real estate broker licensing exam.
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Broker Practice Capabilities
VerifiedYes
Independent Practice
Yes
Supervise Agents
Yes
Operate Brokerage
Yes
Property Management
Yes
Escrow Handling
Yes
Dual Agency
Yes
Designated Agency
Restricted Activities
Real estate brokers have a broader scope of practice than sales agents, including the ability to operate their own brokerage, supervise agents, and handle escrow funds. Dual agency (representing both buyer and seller) and designated agency rules vary significantly by state.
| Fee | Amount |
|---|---|
Application Fee VERIFY against current RI DBR fee schedule. | $100 |
Exam Fee Paid to Pearson VUE (NOT PSI). VERIFY — per RI Realtors: $50 per portion (national + state) = $100 total. Per Examsmart: $70 total. Kept at $50 (per portion) pending human verification. | $50 |
License Fee VERIFY — Per PrepAgent: $95 (odd-numbered years) OR $180 (even-numbered years), plus $25 to Real Estate Recovery Account. License fee depends on which half of biennial cycle license is issued. The $165 in GLM doesn't match either — should be $95+$25=$120 or $180+$25=$205. Kept at $165 pending human verification of which scheme applies. | $165 |
E&O Insurance Errors and omissions insurance; varies by provider | $200 |
MLS Fees MLS membership varies by local association | $400 |
Renewal Fee VERIFY against RI DBR current fee schedule. Per StateRequirement: Real Estate Renewal Application is $170 with $100 late fee = $270 if late. Kept at $130 pending human verification. | $130 |
Total Initial Fees Includes application, exam, license, E&O insurance, and MLS fees | $865 |
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Renewal & CE Requirements
Mostly verified2 years (biennial) — renewal deadline depends on issue date: licenses issued before 1/1/2020 expire April 30 of every even-numbered year; licenses issued after 1/1/2020 expire on anniversary date every 2 years
Renewal Period
24 hrs
CE Hours Required
—
Post-License Education
Required CE Topics
Renewal Fee
$130
VERIFY against RI DBR current fee schedule. Per StateRequirement: Real Estate Renewal Application is $170 with $100 late fee = $270 if late. Kept at $130 pending human verification.
Regulatory Board
Broker licenses must be renewed on schedule with the state real estate commission. Continuing education typically covers topics such as ethics, fair housing, agency law, and state-specific legal updates. Some states also require post-license education within the first renewal period.
Out-of-State Reciprocity
VerifiedAccepts Out-of-State Credentials
Endorsement Available
Yes
ARELLO Certification
Accepted
Reciprocal States
Reciprocity Requirements
Real estate broker reciprocity agreements allow brokers licensed in one state to obtain a license in another state with reduced requirements. ARELLO (Association of Real Estate License Law Officials) certification may be accepted in some states. Requirements typically include passing the state-specific portion of the broker exam.
Moving to another state? Use our Transfer Tool to see what you need →
Compare Rhode Island with other states →
See how requirements, costs, and timelines differ across all 50 states.
Rhode Island requires 90 hours of broker pre-license education (NOT 45 — that's salesperson requirement) in CLASSROOM ONLY (monitored live broadcast/Zoom accepted post-pandemic). Pearson VUE administers the exam (NOT PSI as previously documented). License fee depends on which half of biennial cycle license is issued ($95 odd years vs $180 even years + $25 Recovery Account). Renewal deadline structure depends on issue date: licenses issued before 1/1/2020 expire April 30 of even years; licenses after 1/1/2020 expire on anniversary date. CE 24 hrs/2yr with at least 9 hours from CORE subjects (RI relationships law, licensure law, Fair Housing, lead/environmental, local ordinances). Reciprocity with CT and MA. Attorneys with active RI Supreme Court license exempt from CE (effective 1/1/2022).
Rhode Island requires 90 hours of broker pre-license education (NOT 45 — that's salesperson requirement). Per RI DBR Regulation 230-RICR-30-20-2: '45 hours used for salesperson CANNOT count toward the 90 broker hours.'
Pre-license CLASSROOM ONLY (per Commercial Licensing Regulation 11, Section 7(D)). Online or distance education NOT accepted for new license applicants. Since pandemic: monitored live broadcast classes (Zoom) ARE accepted.
Pre-license courses must be completed within 4 years of application date.
Experience: 2 years engaged full-time as RI salesperson immediately prior to application; validated by employing broker affirmation letter.
Pearson VUE administers the exam (NOT PSI as previously documented).
License fee depends on which half of biennial cycle license is issued ($95 odd-numbered years vs $180 even-numbered years + $25 Real Estate Recovery Account).
Renewal cycle: 2 years biennial. Renewal deadline depends on issue date: licenses issued before 1/1/2020 expire April 30 of every even-numbered year; licenses issued after 1/1/2020 expire on anniversary date.
24 CE hours required per 2-year cycle with at least 9 hours from CORE subjects (RI relationships law, licensure law, Fair Housing, lead/environmental, local ordinances).
Effective 1/1/2022: Attorneys with active RI Supreme Court license are EXEMPT from CE requirements (per § 5-20.5-4(d)).
Licensees with original license issued prior to 12/12/1984 are NOT required to take CE for renewal.
Reciprocity with Connecticut and Massachusetts.
Background check: $45 fee at RI Office of Attorney General (4 Howard Avenue, Cranston).
Min age 18.
Dual agency is permitted with proper disclosure in Rhode Island.
Real Estate Broker Schools in Rhode Island
Compare approved training programs, costs, and requirements.
Rhode Island requires 90 hours of pre-license education and 2 years of agent experience for broker licensure. A state broker exam is required. All licensing is managed through the Rhode Island Department of Business Regulation - Real Estate.
Requirements vary by state. Always verify current requirements with your state real estate commission.