Real Estate Agent Permit Requirements in Virginia Beach, VA

1. EIN (Employer Identification Number)

   Required if you operate as an LLC, corporation, or have employees. Free from the IRS. Even sole proprietors may benefit from obtaining an EIN to keep business and personal finances separate.

   Official government source

   Free·Immediate (online application)

   Free

   Immediate (online application)

1. Virginia Department of Professional and Occupational Regulation — Salesperson License

   Virginia requires real estate salesperson applicants to complete 60 hours of pre-licensing education from a DPOR-approved school, pass the Virginia Real Estate Salesperson Exam (administered by PSI), and apply to the Virginia Real Estate Board. Must work under a licensed Virginia broker.

   Official government source

   $60 (exam fee) + $230 (license fee: $210 + $20 Recovery Fund assessment) + $200–$500 (pre-licensing education, varies by provider)·4–12 weeks

   $60 (exam fee) + $230 (license fee: $210 + $20 Recovery Fund assessment) + $200–$500 (pre-licensing education, varies by provider)

   4–12 weeks

2. Errors & Omissions (E&O) Insurance

   Most real estate brokerages require agents to carry Errors & Omissions (E&O) insurance, which protects against claims of negligent acts or omissions in real estate transactions. Some states mandate it; most brokerages require it. Coverage typically starts at $100,000 per occurrence.

   Official government source

   $300–$800/year·1–5 business days

   $300–$800/year

   1–5 business days

1. City of Virginia Beach — Business License (if operating a brokerage)

   Individual real estate salespersons do not need a separate Virginia Beach city license. If operating a brokerage in Virginia Beach, a Business, Professional, and Occupational License (BPOL) from the Commissioner of the Revenue is required, classified under Professional, financial or real estate services: $25 flat fee for gross receipts ≤$25,000; $40 for ≤$100,000; $50 for ≤$200,000; and $0.58 per $100 of gross receipts for receipts ≥$200,000.

   Official government source

   $25 (≤$25,000); $40 (≤$100,000); $50 (≤$200,000); $0.58 per $100 (≥$200,000) — Professional/financial/real estate services category (brokerage only)·1–2 weeks

   $25 (≤$25,000); $40 (≤$100,000); $50 (≤$200,000); $0.58 per $100 (≥$200,000) — Professional/financial/real estate services category (brokerage only)

   1–2 weeks

Official Sources

• Virginia Beach Commissioner of Revenue — Business License
• Virginia Real Estate Board

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