Real Estate Guide - Michigan
BUREAU OF PROFESSIONAL LICENSING
MICHIGAN REAL ESTATE LICENSING GUIDE
ELIGIBILITY FOR LICENSING ? SALESPERSON
? 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 ? 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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