Supervision Requirements and Board Regulations in Virginia
While sponsored licensees are the lifeblood of any brokerage, they also pose the greatest risk. Appropriate supervision is a broker’s best risk management strategy, and it’s also a requirement of the role. This two-hour required course will cover the broker’s role in supervising licensees and employees to comply with the Real Estate Board regulations, and the importance of creating and communicating policies and procedures for approved activities.
Through effective supervision, brokers can ensure their associated licensees comply with real estate rules and regulations to better safeguard public interest and ensure clients receive professional service.
Course highlights include:
- An overview of the broker-licensee relationship
- A review of five broker roles in Virginia
- Licensee affiliation and license maintenance
- How to avoid treating independent contractors like employees
- Escrow fund handling, account establishment and maintenance, and record keeping
- Establishing and enforcing brokerage policies and procedures
- Prohibited acts and penalties for violating Virginia license law
- Real-world scenarios to help apply concepts learned
State Requirements For Virginia
Virginia State Requirement Details for Real Estate Broker Continuing Education
Renewal Date: License expires every two years on the last day of the initial license month. Renew no earlier than 60 days prior to license expiration.
Hours Required by the State if License Expires Before June 30, 2026: 24 hours
- 16 hours of mandatory course topics
- 6 hours in Broker Management
- 2 hours in Broker Supervision
- 3 hours in Ethics & Standards of Conduct
- 2 hours in Fair Housing
- 1 hours in Legal Updates and Emerging Trends
- 1 hours in Real Estate Agency
- 1 hours in Real Estate Contracts
- 8 hours of elective course topics or mandatory course topics
Hours Required by the State if License Expires On or After June 30, 2026: 24 hours
- 19 hours of mandatory course topics
- 6 hours in Broker Management
- 2 hours in Broker Supervision
- 3 hours in Ethics & Standards of Conduct
- 2 hours in Fair Housing
- 2 hours in Legal Updates and Emerging Trends
- 2 hours in Real Estate Agency
- 2 hours in Real Estate Contracts
- 5 hours of elective course topics or mandatory course topics
Note: These Continuing Education requirements also apply to inactive brokers who apply to activate their licenses.
Virginia Department of Professional and Occupational Regulation Real Estate Board
Street Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485
Mailing Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485
Telephone: (804) 367-8526
Email: reboard@dpor.virginia.gov