LicenseCompass

Real Estate Broker Individual License in Virginia

Quick Answer

Virginia requires CRD registration, FINRA broker-dealer sponsorship, and passing the Series 7 plus Series 63 or 66 exams through the State Corporation Commission's Division of Securities.

Exam
FINRA Series 7 + Series 63
Total Cost
$500 (est.)
Timeline
2-4 months
Renewal
Every Annually (December 31)

Requirements

Real Estate Broker Individual license in Virginia

gold
Education
No educational requirements
Exam
Third-party exam required
Continuing Education
No continuing education requirement to maintain license
Veterans Benefits
Expedited processing is available for military and spouses

Estimated Costs Est.

Exam Fee
$305
Total Estimated Cost
$500

Licensing Agency

Department of Professional and Occupational Regulation~Real Estate Board

Cost Breakdown

Estimated costs for getting your Real Estate Broker Individual license in Virginia. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Exam FeeEst.$305
Total Estimated Cost$305

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Virginia licensing board.

Real Estate Broker Individual Salary in Virginia

Entry Level

$47,950

Median

$66,960

Experienced

$169,380

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Real Estate Broker Individual in Virginia.

  1. 1

    Complete Education Requirements

    No educational requirements

  2. 2

    Pass the Required Exam

    Third-party exam required — FINRA Series 7 + Series 63

  3. 3

    Submit Your Application

    File your application with the licensing agency.

  4. 4

    Receive Your License

    Processing typically takes 2-4 months.

Real Estate Broker Individual Licensing in Virginia: What to Know

Virginia regulates securities agents through the Division of Securities and Retail Franchising within the State Corporation Commission. The COS database did not return a securities-specific listing for Virginia. Under the Virginia Securities Act (Va. Code 13.1-501 et seq.), all stockbrokers must register as agents of a FINRA-member broker-dealer through the CRD system. Agents must pass the Series 7 and either the Series 63 or Series 66 state law exam. Virginia is known for actively enforcing its securities registration requirements.

Frequently Asked Questions

How much does a Real Estate Broker Individual license cost in Virginia?
The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
How long does it take to get a Real Estate Broker Individual license in Virginia?
The process typically takes 2-4 months, depending on education completion and exam scheduling.
What exam do I need for a Real Estate Broker Individual license in Virginia?
You need to pass the FINRA Series 7 + Series 63. Third-party exam required

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.