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Real Estate Broker
Total cost: $1039
Some details on this page are not yet confirmed against an official source. See sources below or contact the licensing board to verify.
120 hrs
Pre-License Hours
3 yrs
Experience Required
Yes
Exam Required
16 hrs
CE Hours
$1039
Total Fees
Permitted
Dual Agency
Broker Pre-License Education
Mostly verifiedPre-License Hours
120 hours
College Degree Required
No
Approved Providers
Tennessee-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 Tennessee typically requires completing your salesperson (real estate agent) license first and practicing for 3 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
3 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
PSI
Provider
70%
Passing Score
$63
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: 11/100
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
PSI
Key Topics Covered
Cost of failing
Retake fee: $63Invest 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 Per TREC and realestatebees directly: $91 regardless of license type. Updated from $200 on 2026-04-30. | $91 |
Exam Fee Paid to PSI. VERIFY current PSI TN broker exam fee. | $63 |
License Fee VERIFY — Per TREC, $91 is the combined application+license fee; there may not be a separate license issuance fee. Schema may need restructuring. | $91 |
E&O Insurance Errors and omissions insurance; varies by provider | $200 |
MLS Fees MLS membership varies by local association | $400 |
Renewal Fee VERIFY against current TREC fee schedule. Late fees: $50/month up to 120 days; $100/month for days 121-365. | $75 |
Total Initial Fees Includes application, exam, license, E&O insurance, and MLS fees | $1039 |
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Renewal & CE Requirements
Mostly verified2 years
Renewal Period
16 hrs
CE Hours Required
For Affiliate Brokers upgrading to Broker: 120 POST hours required within 3 years of upgrade. Late fees: $50/month past required 3rd year. For direct Broker applicants: 120-hr pre-license already meets requirement; no separate post-license.
Post-License Education
Required CE Topics
Renewal Fee
$75
VERIFY against current TREC fee schedule. Late fees: $50/month up to 120 days; $100/month for days 121-365.
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
VerifiedDoes Not Accept 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 Tennessee with other states →
See how requirements, costs, and timelines differ across all 50 states.
Tennessee broker requires 120-hour pre-license (30 hrs Office/Broker Management + 90 hrs general education) and 3 years (36 months) of active affiliate broker experience. Application fee $91 (not $200 as previously documented). PSI exam (verify current fee — $39 in special_notes was unsupported by any TN source). NO formal reciprocity, but license recognition available via Worksheet A. CE 16 hrs/2yr = 6-hr TREC Mandatory CORE + 10 hrs electives. CE Broker is the centralized CE tracking system. $200 minimum E&O lapse fee. Late renewal fees: $50/month up to 120 days, $100/month days 121-365.
Tennessee broker requires 120-hour pre-license (30 hrs Office or Broker Management course + 90 hrs general education).
Experience: 36 months actively licensed as affiliate broker (if licensed after May 12, 1988; 24 months if licensed before).
Application fee $91 (per TREC and realestatebees directly; replaces previously documented $200).
TN Department of Commerce & Insurance, application via core.tn.gov portal. 6 months from passing exam to submit completed application.
Late renewal fees: $50/month up to 120 days, $100/month for days 121-365.
$200 minimum E&O lapse fee per TREC.
16 CE hours required per 2-year renewal cycle: 6-hr TREC Mandatory CORE course + 10 hrs TREC-approved electives.
Beginning 2026: TREC Core offered free to Greater Nashville REALTORS members.
CE submitted directly to CE Broker by education provider — licensees do NOT upload certificates.
Tennessee does NOT have formal reciprocity with any state. License recognition available via Worksheet A.
Sponsoring broker required before transactions.
Dual agency is permitted with proper disclosure in Tennessee.
Real Estate Broker Schools in Tennessee
Compare approved training programs, costs, and requirements.
Tennessee requires 120 hours of pre-license education and 3 years of agent experience for broker licensure. A state broker exam is required. All licensing is managed through the Tennessee Real Estate Commission.
Requirements vary by state. Always verify current requirements with your state real estate commission.