How do I get my real estate license reinstated in Georgia?

If your license has lapsed for more than one year, you will NOT be able to reinstate your license online. You will need to use a Reinstatement Application and a late fee will be charged. After the commission processes your application, a new wall license and pocket card will be mailed to you within two business days.

How do I reactivate my Georgia real estate license?

In order to reactivate an inactive license, submit the appropriate application, forms, and fee to the Board. If a license is inactive for twelve months or less, but no more than twenty-four months, the applicant must submit forty (40) hours of CE obtained since the Board’s last renewal period.

What can I do with an inactive real estate license in Georgia?

An inactive license means you do not have a sponsoring broker and you cannot engage in any real estate brokerage activities. Both active and inactive licensees must complete the 25-hour Georgia Sales Postlicense course within one year of obtaining their license.

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What can you do with an inactive real estate license?

When you have an active real estate license, you can work as a real estate agent and perform real estate brokerage activities. If you do not have a sponsoring broker, you will be issued an inactive real estate license. If you hold an inactive license, you cannot engage in any real estate brokerage activities.

How many years is a real estate licenses valid for in Georgia?

Georgia licensees renew their license every four years and can do so up to 120 days (4 months) prior to the actual renewal period end date. The renewal period end date is the last day of their birthday month every four years.

How long do real estate agents need to keep files in Georgia?

Copies of sales contracts, brokerage engagements, closing statements, leases, and other documents related to a real estate transaction required by law to be maintained in a broker’s file for three years shall be made available to authorized agents of the Commission upon reasonable request and at a reasonable cost to …

What is Slsp in real estate?

SLSP. Senior Legal Services Providers. Copyright 1988-2018 AcronymFinder.com, All rights reserved.

Can an assistant show a house?

With the principal’s consent, unlicensed assistants can be present to let into the property a person who is either to inspect a portion or all of the property for the purpose of preparing a report, or who is to perform repair work or other work to the property in connection with the transaction.

What makes a great real estate assistant?

In addition to active listening, real estate assistants must be well-organized, punctual, and professional. The most efficient real estate assistants stay abreast of changes in real estate and property trends, are great at meeting the needs of clients, and have well-developed interpersonal skills and business acumen.

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What is bretta in real estate?

Georgia Real Estate Law. BRRETA— The Brokerage Relationships in Real Estate Transactions Act— is a Georgia law that governs the agency relationships of brokers with sellers, buyers, landlords and tenants.

What does an inactive license mean?

Inactive license means a license that has expired because it was not renewed by the end of the grace period. The category of “inactive license” may include licenses formerly known as lapsed, inactive, delinquent, closed, or retired.

What does inactive mean in real estate?

Inactive real estate listings are frequently associated with an area’s real estate Multiple-Listing Service, or MLS. … Frequently, if you see a property listed as “inactive” in an MLS, that means it’s not for sale. However, inactive listings in real estate don’t mean those properties might not be up for sale again.

What is an inactive realtor?

“Inactive” status indicates that the licensee is in good standing with the Board of Registration of Real Estate Brokers and Salespersons, has not completed the required number of continuing education credits during the prior renewal period, but has paid the licensing fee for the current two-year period ending on his/ …

How much does a realtor make in GA?

The average salary for a real estate agent is $99,032 per year in Georgia.

Can a felon get a real estate license in Georgia?

Yes, it is still possible to obtain a Georgia real estate license if you have a prior conviction. The Georgia Real Estate Commission will have to review your case and make a decision to accept or deny your license application. You must submit a Background Clearance Application along with the required documentation.

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What is the pass rate for the Georgia real estate exam?

The passing rate for the Georgia Real Estate Salesperson Exam is 72%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!