Real Estate Guide - Michigan
BUREAU OF PROFESSIONAL LICENSING
MICHIGAN REAL ESTATE LICENSING GUIDE
ELIGIBILITY FOR LICENSING ¨C SALESPERSON
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?
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Complete 40 hours of approved prelicensure education courses which includes at
least 4 hours of civil rights law and equal opportunity in housing. A list of approved
sponsors may be found at realestate.
Submit an application at icola.
? Applicants must be at least 18 years of age and of good moral character.
The fee due at the time of application is $88.
Pass the required examination administered by PSI Services, LLC (PSI). The cost
of the examination is $79.
ELIGIBILITY FOR LICENSING ¨C BROKER OR ASSOCIATE BROKER
?
?
?
Complete 90 hours of approved prelicensure education courses which includes 9
hours of civil rights law and equal opportunity in housing. A list of approved
sponsors may be found at realestate.
Pass the required examination administered by PSI Services, LLC (PSI). The cost
of the examination is $79.
Submit an application at realestate.
? Applicants must be at least 18 years of age, be of good moral character,
and have at least 3 years of acceptable real estate related experience in the
business of real estate or in a field that is determined by the department to
be relevant and related to the business of real estate, such as:
? a real estate salesperson or broker
? a licensed builder
? an investor
? a land or condominium developer
? a loan or trust officer of a federal or state-regulated depository institution
? a loan or trust officer of a mortgage company
? a real estate office of a corporation
? a title insurance company officer engaged in the closing of escrow
accounts and real estate closings
? a staff or real property appraiser
The fee due at the time of the application is $143.
Updated 9/20/2018
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