Michigan Real Estate License Requirements
In order to sell or rent properties in the State of Michigan, you must first obtain your real estate salespersons license.
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What Are The Michigan Real Estate License Requirements?
Here are 4 steps you need to take to satisfy the Michigan real estate license requirements:
First, you must complete the 40-hour pre-licensing course. The course must be approved by the Licensing and Regulatory Affairs (LARA). Take the Michigan licensing course online to save both time and money.
At the end of the course is a final exam. Once you pass the final exam, you will earn your Certificate of Completion for the course.
Meanwhile, the school will notify the State of Michigan that you have completed the course.
Set up your free iCOLA account through the Michigan.gov website. Through your iCOLA account, you will be able to apply for your license and pay the license fee.
Once the license fee is paid and your license application is submitted, you are then ready to take the State exam.
Once your license application is approved, you will receive an email from the State of Michigan notifying you of your authorization to register for the State exam.
It typically takes the State 2-5 business days to approve your application and provide you with authorization to take the State exam.
The email you receive from the State will include your 6 digit exam candidate number, also known as a MIRE number.
Now that you have your MIRE number, you can schedule and take your State exam at one of the State’s testing facilities.
The Michigan real estate salespersons exam must be taken through a PSI testing center.
To schedule your exam, simply contact PSI and provide them with your MIRE number. You then have to pay the exam fee.
The State exam consists of 115 questions with a passing grade of 70% (80 out of 115 questions answered correctly) and a time limit of 180 minutes.
Once you pass the State exam, you are now eligible to receive your Michigan real estate salespersons license.
If you had a sponsoring broker help you complete your initial licensing application through iCOLA, your license will be mailed to your sponsoring broker.
If you didn’t have a sponsoring broker help you complete your license application, your application will be left as “Pending” until you have a sponsoring broker complete the Employing Broker Notification form. Once this is done, your license will be mailed to your sponsoring broker.
Congratulations, you are now a licensed Michigan real estate salesperson!
You also must:
- Be at least 18 years of age.
- A high school diploma or GED is required to apply for a real estate license.
- Be a citizen of the United States or a lawfully admitted alien and a legal resident of Michigan.
How to get a real estate license in the State of Michigan?
- The 40-hour course.
- The course is broken down into chapters and lessons.
- At the end of each chapter there is a quiz comprising of multiple-choice questions.
- The courses can be accessed from any computer, tablet or smartphone 24/7.
- The online course package does not require a textbook.
However, you can purchase a downloadable PDF or a Kindle version of the course textbook separately. The textbooks are meant to be used as tool to help you follow along with the course. The textbooks are not meant to replace the courses.
- Upon completion of your course you will receive a Certificate of Completion.
- Based on the Michigan real estate license requirements, you are required to take a final exam. The final exam is password protected and you will have to fill in the Student Verification for in order to obtain the final exam password. Each course final exam consists of 60 multiple-choice questions with a passing grade of 70%.