The New Jersey Real Estate Commission mandates that all real estate licensees complete 12 continuing education credits every two years to maintain their licenses. The current 2017-2019 cycle will close on April 30, 2019. Any credits submitted between May 1 and June 30, 2019 will be subject to a $200 processing fee in addition to the license renewal fee.
Please see below for the education requirements of Metro Centre Association of REALTORS, National Association of REALTORS, and the New Jersey Real Estate Commission.
Metro Centre Association of REALTORS Education Requirement
New members are required to complete the MCAR New Member Orientation and Realtor Ethics Training within 45 days of joining.
National Association of REALTORS Education Requirement
The Realtor Ethics Training is required every two years for continuing membership with NAR. The current cycle is January 2019-December 2020.
New Jersey Real Estate Commission Continuing Education Requirement
You must complete 12 continuing education credit hours
At least two hours must be completed in ethics training
At least six hours must be completed in core topics (ethics included)
The six remaining hours may be completed in core or elective topics
July 1, 2019: New CE cycle begins. All licensees who did not renew or submit CE credits may no longer practice real estate until license is reinstated.
Online CE Tracking System- PSI Site
Want to check how many credits you have for license renewal? Click to check your CE Credits.
PSI Exams- New Jersey Real Estate Commission’s Online Continuing Education Tracking System
What is PSI Exams?
PSI Exams is the New Jersey Real Estate Commission’s online CE tracking system. In addition to tracking
of your CE credits (those taken on New Jersey REALTORS® Academy of Continuing Education as well as every other provider), you can also search for approved providers and courses.
How do I login to the PSI website?
Your initial password is “L” plus your License Reference Number plus the last 4 digits of your SSN (ex: L00100019999). After your initial login, you may click on ‘My Account’ to add an email address and change your password. If you require assistance logging in, please contact PSI directly at email@example.com
Continuing Education Classes Available with MCAR
The following NJREC approved Continuing Education Classes have been added:
To register members go to New Jersey REALTORS® ACE- Academy of Continuing Education: www.njrealtorsace.com
Non-Members: Contact the MCAR Office at (732) 442.3400 x2
Students must CHECK-IN and provide a photo ID. Students must also CHECK-OUT at the conclusion of the class to receive CE credit. Anyone who misses 15 minutes or more of the class will not receive CE credit.
Online CE Classes – The CE Shop
To meet your license renewal requirements with the New Jersey Real Estate Commission, you can take online NJCE classes through The CE Shop. Go to: http://metrocentrerealtors.theceshop.com/
The CE Shop offers three Ethics courses that also meet the REALTOR® Code of Ethics requirement for REALTOR® Membership:
Course Title: Code of Ethics: Good for your Clients and Your Business
Course Title: Commercial Ethics
Course Title: Code of Ethics in Action: Real-Life Applications