Real Estate Agent in Rhode Island

Requirements, salary data, licensing costs, and career ROI for RI

Median Salary
$55,460
Rhode Island (2024)
National Median
$56,320
All states
License Fees
$235
Exam + application
Time to Complete
2-3 months
From start to licensed

How to Become a Real Estate Agent in Rhode Island

To become a Real Estate Agent in Rhode Island, you must complete a 45-hour pre-licensing course and a 3-hour Lead Poisoning/Lead Hazard Mitigation course. After completing the education, you must pass the Rhode Island Real Estate Salesperson Exam administered by Pearson VUE. Finally, submit your application with the required fees to the Rhode Island Department of Business Regulation - Real Estate Section, ensuring you have a sponsoring broker and errors and omissions insurance. Rhode Island offers reciprocity with Connecticut, Massachusetts, and Florida.

Real Estate Agent Requirements in Rhode Island

DetailRhode Island
Licensing BodyRhode Island Department of Business Regulation - Real Estate Section
State License Required Yes
Education45-hour pre-licensing course AND a 3-hour Lead Poisoning/Lead Hazard Mitigation course
Exam Rhode Island Real Estate Salesperson Exam (Pearson VUE) ($70)
Application Fee$165
RenewalEvery 2.0 years
Continuing Education24.0 hours per cycle
NotesApplicants must be at least 18 years old and have a high school diploma or equivalent. E&O insurance and a criminal history check are required. The 45-hour pre-licensing course certificate is valid for two years. The application must be submitted within one year of passing the exam. A sponsoring broker is required to activate the license.

Source: Rhode Island Department of Business Regulation - Real Estate Section

License Tiers

Rhode Island offers multiple tiers of real estate agent licensing:

Tier Hours Required
Salesperson N/A
Broker N/A

Real Estate Agent Salary in Rhode Island

The median real estate agent salary in Rhode Island is $55,460 per year, which is 1.5% below the national median of $56,320.

PercentileAnnual Salary
10th (entry level)$34,050
25th$47,340
50th (median)$55,460
75th$64,890
90th (experienced)$126,250

Rhode Island employs approximately 850 real estate agents.

Real Estate Agent Job Outlook

10-Year Growth
+3.1%
Average
Annual Openings
36.6
Nationwide per year
Total Employment
420.9
Nationwide

AI Impact on Real Estate Agents

High AI Exposure (Score: 0.86/1.00)

Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.

Is Becoming a Real Estate Agent in Rhode Island Worth It?

Factors to consider: Rhode Island's cost of living, the state licensing requirement, moderate job growth, elevated AI disruption risk, and your personal career goals.

Frequently Asked Questions

What are the steps to becoming a real estate agent in Rhode Island?
To become a real estate agent in Rhode Island, you need to complete the required education (45-hour pre-licensing course AND a 3-hour Lead Poisoning/Lead Hazard Mitigation course), pass the Rhode Island Real Estate Salesperson Exam (Pearson VUE), and submit your application ($165 fee).
Is a real estate agent license required in Rhode Island?
Rhode Island mandates state licensure for real estate agents. Rhode Island Department of Business Regulation - Real Estate Section oversees the process, which includes passing the Rhode Island Real Estate Salesperson Exam (Pearson VUE).
What is the average real estate agent salary in Rhode Island?
In Rhode Island, the median pay for real estate agents comes to $55,460/year. That's roughly in line with the $56,320 national median. The range spans from $34,050 at the entry level to $126,250 for top earners.
How much does it cost to become a real estate agent in Rhode Island?
Between exam fee ($70) and application fee ($165), expect to invest around varies in total to get started.
How many months or years does real estate agent certification take in Rhode Island?
Most candidates in Rhode Island complete the process in 2-3 months, from enrollment in a training program through licensure.
What are the continuing education requirements for real estate agents in Rhode Island?
Rhode Island requires 24.0 hours of continuing education every 2.0 years to maintain your real estate agent license.

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