How to Get a Real Estate License in South Carolina

South Carolina is one of the most affordable states in which to get a real estate license. On average, it takes only 5 days, and you can be licensed with as little as $500. This article will provide all the necessary information on how to obtain your license while staying out of debt.,

The “south carolina real estate license online” is a way to get your real estate license in South Carolina. The state has made it easy for anyone to get their license.

To get a real estate license in South Carolina, you must first become acquainted with the test registration and prelicensing course requirements. After that, you must pass a background check, prelicensing training, and the licensing test. Finally, before completing your final license application and selecting a sponsored broker-in-charge, finish the remaining education requirements.

1. Familiarize yourself with the requirements for real estate in South Carolina.

The procedure for obtaining a real estate license in South Carolina (SC) is comparable to that in other states, albeit there are some differences. To become an agent, you must be 18 years old or older and have at least a high school diploma or GED; however, you do not have to be a resident of South Carolina to apply for a license.

To become a real estate agent in South Carolina, you must also complete the following requirements:

• Fingerprinting and background check: Before submitting an application for the licensure test, applicants must undergo a background check. An internet gateway may be used to do this.
• Prelicensing courses: Aspiring agents must complete 90 hours of real estate education in subjects such as property and contract law, agency principles, and real estate finance.
• Professional experience: Prior to taking the test, applicants for a salesperson license do not need to have any real estate experience.
• Fees: A background check costs $40, registration for the test costs $63, and application fees are $75. In addition, prospective agents must pay for state-approved prelicensing courses (course costs vary by provider).

2. Be subjected to a background check

South Carolina requires salesperson license applicants to undergo a background check before applying to take the licensing exam. To complete this process, visit SR&I, a pre-employment services company, and submit your information through the Authorization for Release of Information. You will be asked to create an account, provide background information, and pay a fee of $40.

Once you submit the online form, it takes 72 hours to complete the background check. You will receive an email when the check is complete, and can review a complete report on SR&I’s dashboard.

Source: SR&I

3. Finish your pre-licensing coursework.

To get a real estate license in South Carolina, you must complete 90 hours of real estate prelicensing courses, including 60 hours of Real Estate Principles courses before registering for the licensing test. You will get a certificate of completion after finishing the courses, which you must submit with your examination application.

You must also complete 30 hours of prelicensing education, which may be completed after you pass the test but must be completed before applying for a license. Real estate concepts, practice, and computations are covered in these courses. Visit the South Carolina Real Estate Commission’s website for further information.

Read our post on the top online real estate schools for real estate course suggestions.

4. Become acquainted with the exam

Check out the state-specific and national topics that will be examined before enrolling for the South Carolina real estate licensing exam. There are 110 multiple-choice questions in the salesperson test, which cover both national and state-specific subject. Make sure you take additional time on the difficult questions, which are divided into 15 major subject categories.

Examine the content unique to South Carolina.

The component of the salesperson licensure test that is unique to South Carolina has 30 questions, and you will have one hour to answer them. Questions cover a wide range of issues, including agency legislation, fiduciary obligations, funding, property transfer, and more.

The South Carolina real estate salesperson test covers the following state-specific topics:

• License requirements in South Carolina
• Licensee actions are governed by state legislation.
• Relationships between agencies and non-agencies
• Exemption for homestead
• The Residential Landlord and Tenant Act governs the relationship between landlords and tenants in residential properties.
• Acts on Vacation Rentals and Time-Share Plans

Examine the Common Practice Areas

South Carolina exam participants must also answer 80 multiple choice questions covering national real estate themes in addition to state-specific real estate expertise. The national questions will be answered in two hours. Property and contract law, finance and real estate computations, Disclosures about the property, and basic agency principles are among the topics covered.

The national component of the test covers the following topics:

• Having a piece of real estate is a
• Controls and limitations on land use
• Market research and valuation
• Financing
• Agency principles in general
• Disclosures about the property
• Contracts
• Property management and leasing
• Transfer of ownership
• Real estate practice
• Calculations for real estate

You might consider employing online tools and resources that ensure a passing grade if you want to be assured in your study techniques. For just $29, you can obtain quick access to over 1,200 practice questions with Real Estate Exam Scholar. For your SC real estate license, have a look at their tests, flashcards, and glossaries.

Real Estate Exam Scholar is a great place to start.

5. Prepare for the Real Estate Examination

The real estate test in South Carolina includes both national and state-specific topics. Prelicensing classes provide you a good overview of the knowledge you’ll need to pass the test. However, taking an exam prep course will provide you with extra preparation tools like as online lectures, flashcards, topic summaries, and practice examinations.

Consider taking a real estate exam preparation course.

You must absorb and apply material rapidly in order to master all of the topics required for your SC real estate license. Taking a real estate test prep course will help you streamline your studies and assimilate big amounts of information. Prep courses range in price from $29 to $200 and include outlines, lectures, and online forums to assist prospective agents in studying for the license test.

You should be able to pass the test if you study hard and take the courses properly. However, if you want further study assistance, Real Estate Express offers the Exam Prep Master program. To assist you pass your test, you’ll receive sample examinations, real estate math problems, and hundreds of real estate terminology. In fact, you may get your money back if you don’t pass the test on the first attempt. To get started, just click the button below.

Real Estate Express is a website dedicated to real estate.

Master Sample Questions & Practice Exams

Following your familiarization with test themes, set aside time to answer practice questions and take full-length, timed practice examinations using an online exam prep service. You will study crucial knowledge, discover how content will be examined on the exam, and identify difficult topics as a result of doing so.

Testing proctor PSI has released some example real estate licensing SC exam questions:

1. A person who is allowed a lifetime use of a property that will be conveyed to a third party upon the lifetime user’s death has which of the following property interests?

A. a life estate B. a remainder estate C. an estate for years D. a reversionary estate A. a life estate B. a remainder estate C. an estate for years D. a reversionary estate

A. A life estate is a kind of estate that lasts a lifetime.

2. Which of the following statements BEST describes the meaning of the phrase “contract rescission”?

A. When all parties to a contract agree to it, it is called ratification. B. A restoration of all parties to their pre-contract state C. A transfer or assignment of a specific duty from one party to another D. A review of the contract by either party’s legal counsel that might result in a cancellation without penalty or additional obligation

B. A restoration of all parties to their previous state prior to the contract’s execution.

3. In a mortgage, which of the following terms permits the lender to seek loan repayment if the borrower sells the property?

A. Disobedience B. Payment in Advance D. Alienation C. Acceleration

Alienation is the correct answer.

4. If a lending institution approves a 90% loan on a $80,000 property, how much cash must a buyer provide in addition to a $2,500 deposit?

A. $5,500 B. $6,975 C. $7,450 D. $7,450 A. $5,500 B. $6,975 B. $6,975 B. $6,97 None of the preceding

$5,500 is the correct answer.

5. Using the reproduction cost approach to value, which of the following single-family dwellings would get the MOST correct appraisal?

A rented property B a foreclosed property C. A new residence D. A historical site

D. It’s a historic building.

6. Apply & Register to Take the Licensing Exam

Complete and submit an application to the South Carolina Real Estate Commission (SCREC) to take the exam when you’ve studied for it and are convinced you’re ready. You may register for a test date online if you’ve been determined to be eligible to take the exam.

Fill out an application to take the Real Estate Licensing Exam.

To take the South Carolina Real Estate License Exam, you must apply via the SCREC. Visit SCREC’s online application site to apply and pay the $25 application fee. The Commission will review and approve your materials within five to seven business days after you submit your application to take the test.

Sign up for an Exam Date

After the SCREC approves your application to take the exam, Sign up for an Exam Date and location through PSI’s online portal. The registration fee for both the state and national portions of the salesperson exam is $63; one portion is $55. Processing times vary depending on how you register. Online and telephone registrations will be immediate, fax registration can take up to four days, and mail registration takes up two weeks.

Exams are available at the following venues around the state Monday through Saturday:

• Greenville/Spartanburg
• Columbia
• Charleston
• Hilton Head/Beaufort
• Myrtle Beach is a beach town in South Carolina.
• Charlotte

We recommend preparing for the test first, and then signing up for an exam date once you’re ready. After the Commission approves your application, you have one year to take the test, and you may take it as many times as you like during that year. Visit the Real Estate Candidate Information Bulletin for further information on the registration procedure and a copy of the registration form.

PSI’s exam scheduling tool in action.

7. Take & Pass the Licensing Exam

Arrive to the testing location at least 30 minutes before the exam is scheduled to begin so that you may complete the necessary sign-in procedures. The test will be given on a computer, and you will have the option of taking an introductory lesson before beginning the real exam. When the test begins, one question at a time will display. Complete the test in the three hours permitted, then wait for the pass/fail result.

PSI license test question pattern as shown on a computer screen

The following items should be brought to the testing center:

• Primary form of identification: You must show at least one valid government-issued identity document (driver’s license, state ID, or passport) that includes your signature and a picture or a comprehensive physical description.
• Your signature and legal name must be preprinted on the second form of identification. The names on your registration form and Examination Eligibility Form must match on both pieces of identification.
• After submitting an application to take the test with the South Carolina Real Estate Commission, you will be sent an examination eligibility form that is valid for a year. Bring a copy of this document to the examination facility and double-check that the name on both forms of identification is the same.
• Print the confirmation email you get after enrolling for the exam and bring it to the testing facility with you. The name on the registration form should match the name on both forms of your ID, just as it did on the Examination Eligibility Form.
• Nonprogrammable calculator: Test takers may utilize a quiet, battery-operated nonprogrammable calculator. It’s possible that the calculator doesn’t have a keyboard with the alphabet or the ability to print on paper tape.

The following items are prohibited from being brought into the examination room:

• Cell phones, handbags, wallets, lapel pins, tie tacks, backpacks, briefcases, and luggage should not be brought to the testing facility. Before entering the room, you must store these goods in the safe storage provided.
• Food and alcohol are not allowed at any of the testing venues.
• Study materials: No study guides, books, flashcards, or other study materials should be brought to the testing center.
• Electronics: Proctors will not allow tablets, laptop computers, PDAs, calculators, cameras, video or digital recording devices, watches, or any other objects considered improper.

You must properly answer 56 national questions and 21 state questions to pass the salesperson test. Following the test, you will be told if you passed or failed. Passing test participants are not told of their final result. Those who do not pass, on the other hand, are informed of their real score as well as the percentage of questions answered properly in each subject area.

You must re-register to take the test at a later date if you do not pass the first time. You do not need to reapply via the South Carolina Real Estate Commission’s office if you repeat the exam within one year of your original application; just arrange a new testing date through the PSI site. Within your year of eligibility, you may register for and retake the test an unlimited number of times.

8. Finish all Advanced Coursework

Applicants must also complete 30 hours of Unit II: Advanced Real Estate Principles courses in addition to the 60 hours of prelicensing education requirements. These courses may be attended before you register for and pass the licensing test, but they are not needed until you have passed the exam and are ready to submit your final license application. For additional information about available Unit II courses, go to the South Carolina Real Estate Commission’s website.

9. Decide on a sponsoring agency or broker.

In order to practice as a licensed real estate agent in South Carolina, you must be sponsored by a broker-in-charge who is authorized to supervise agents across the state. As part of your completed licensing application, choose a sponsoring broker to meet this criterion. This option may be straightforward if you already have a connection with a brokerage or have a mentor in the field, but we collated statistics on the state’s best performing teams to provide you a starting point.

Top real estate teams in major South Carolina areas, according to Real Trends, include:

Charleston, South Carolina

Columbia, South Carolina

Greenville/Spartanburg, South Carolina

Myrtle Beach is a beach town in South Carolina., SC

More information on how to investigate, vet, and pick real estate agencies can be found in our in-depth guide on selecting the correct agency.

Consider SC Real Estate License Reciprocity & Portability

If you’re a South Carolina resident who is licensed in another state and wants to earn a real estate license in South Carolina, you must fulfill the same age, education, examination, and experience criteria as new agents.

You may be eligible to take the licensure test without completing the prelicensing courses if you are not a South Carolina citizen and have a license from another state. Agents with licenses in other jurisdictions must additionally provide a Certificate of Licensure that includes a licensing history, a synopsis of their education, and a declaration of any disciplinary measures taken against them in other states where they previously had or now hold a license.

Via completing a Salesperson License by Reciprocity Application, passing numerous administrative criteria, and receiving an SCREC-approved criminal background check, agents who are currently licensed in Georgia and seek a South Carolina license may bypass taking the licensing test.

Visit the South Carolina Real Estate Commission’s website for additional information on how to apply for a South Carolina real estate license as an out-of-state agent.

10. Submit Your Application for a License

You have one year after completing the real estate licensing test to apply for your salesperson’s license and find a sponsored broker-in-charge. After you pass the test, PSI will send you a licensing application. Submit a $50 licensing fee, your test score report, a completed application form, and evidence of a sponsoring broker to complete your salesperson application.

11. Meet Continuing Education Requirements on a Regular Basis

Every two years, all real estate licensees in South Carolina must complete 10 hours of continuing education. Agents must complete four hours of basic courses (such as the 3Ps of Professionalism) and six hours of electives (such as fair housing and property management).

Check out McKissock Learning via Real Estate Express after you’ve earned your license and are ready to pursue continuing education classes. They provide continuing education programs that have been authorized by the South Carolina Real Estate Commission, and its consumers have given them rave ratings. In addition, McKissock provides non-credit courses on topics such as social media marketing. To discover more about McKissock’s continuing education programs, click here.

McKissock Learning is a great place to start.

Most Commonly Asked Questions (FAQs)

How do I acquire a real estate license in South Carolina?

To get a real estate license in South Carolina, you must first pass a background check, then finish pre-licensing education, apply for the licensing exam, and schedule a test date. After passing the test, complete your advanced licensing classes, find a sponsored broker, and submit your real estate license application.

In South Carolina, how much does a real estate agent earn?

Depending on the amount of transactions, commissions paid to their brokerage, and how commissions are shared, real estate agents in South Carolina make anywhere from $23,500 to $91,110 on average. Brokers in South Carolina earn an average of $95,566 per year. For more general information, see our guide to real estate agent salary.

What is the cost of obtaining a real estate license?

The cost of obtaining a real estate license is variable. Prelicensing schooling costs, application fees, background check fees, test registration fees, and exam prep software charges are all common expenses. Salesperson license candidates in South Carolina must spend $75 in application costs, $63 in test fees, $40 for a background check, and $400 to $600 in prelicensing courses.

Which states have reciprocity with South Carolina in terms of real estate licenses?

Agents who passed the Georgia written test for reciprocity and have a current real estate license in Georgia are eligible for full real estate license reciprocity with South Carolina. Agents must fill out a Salesperson License through Reciprocity Application, meet a slew of administrative criteria, and get a criminal background check that has been authorized by the SCREC.

In conclusion, here’s how to get a real estate license in South Carolina.

Applicants must complete a background check, prelicensing course requirements, and the test to get a South Carolina real estate license. Before completing a final licensing application, prospective agents must find a sponsoring broker-in-charge who will oversee their professional development. Finally, to keep their license valid, agents and brokers must complete continuing education classes every two years.

The “south carolina non resident real estate license” is a license that allows you to buy and sell property in South Carolina. To get the license, you must first pass the exam.

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