*New member fee tables can be found by logging into the MPower member portal.
Step 3 – The Examination
At the end of the Salesperson’s Pre-Licensing Course, you will be required to write an exam online in-person. The passing mark for the exam is 75%. Anyone who fails the exam may rewrite once, within six (6) months (rewrite examinations can be scheduled through the NBREA office). Before rewriting the exam a third time, students must pay a fee of $1,325 (half of the PLE course).
Note: Students who retake the course ($1,325 and unsuccessfully write the exam four (4) times must wait one (1) year before retaking the course for the third time or request a waiver from the Committee of Examiners.
Step 4 – Becoming Licensed to Trade in Real Estate
Company—To receive your license after successfully completing the exam, participants must be registered with a licensed real estate company. We suggest you contact various companies in your area of choice, before or after writing the examination, to discuss working arrangements.
NBREA Membership—Once you have determined which licensed real estate company you will work for, you can obtain your membership with NBREA. Click here to complete the New Member Form. Once this form (and your membership dues) are received, NBREA will make recommendation to the Financial and Consumer Services Commission for your license.
Financial and Consumer Services Commission License—The Commission requires applicants to complete a license application, pay the licensing fee and submit to a criminal record check. For more information please contact them directly at (506) 453-2322.
Local Board Membership—The Local Real Estate Boards are responsible for administering access to the Multiple Listing Service® (MLS®) System, lock boxes and other supplies. For more information on joining a local real estate board and their associated fees, please contact one of the following: