Rhode Island Occupational Information Coordinating Committee 1995 REAL ESTATE BROKER SOC 4123 DOT 250.357-018 Manages or works for real estate offices that buy, sell and rent real estate for clients. Negotiates sales, manages rental properties, makes appraisals and provides purchasing information. AGE: 18 years or older CITIZENSHIP: Required RESIDENCY: No requirement RECIPROCITY: With Massachusetts and Connecticut. EDUCATION AND Worked as a real estate sales person for at EXPERIENCE: least one year and, have taken a minimum of 12 hours of approved courses in real estate continuing education, OR have a bachelor's degree with major in real estate from an accredited school, OR have completed ninety or more hours of classroom study in a real estate school or from an accredited college or university. Pass a State Police Bureau of Criminal Identification check. R.I. EXAMINATION: Written (Exempt if licensed by Supreme Court). BONDING: Yes, through the Real Estate Recovery Fund. Errors and omissions insurance required. RENEWAL: Every two years Continuing Education- 12 hours approved courses. FEES: Application: $ 10.00 License: $120.00 Examination: $ 55.00 Renewal: $120.00 Initial bonding: $ 25.00 LICENSING Division of Licensing and Consumer AGENCY: Protection, Real Estate Appraiser Section R.I. Department of Business Regulation 233 Richmond Street Providence, RI 02903 (401) 277-2255 .