Real Estate Branch | May I receive a refund of my renewal fees if I renew as a salesperson and subsequently pass the broker’s examination and apply as a new broker before the end of the year?

May I receive a refund of my renewal fees if I renew as a salesperson and subsequently pass the broker’s examination and apply as a new broker before the end of the year?

No. No refunds are given. However, the best option available is to, upon passing of the broker’s examination, NOT renew your salesperson’s license and submit your broker’s license application with an effective date of January 1, 2013. Please note: In this scenario, the licensee is still responsible for completing the continuing education requirements.