how much is the real estate salesperson course in michigan

Full Answer

What are pre-licensing courses for Michigan real estate?

Prelicensing courses must be taken at a state-approved Michigan real estate school. They cover a range of topics that deal with national and state-specific real estate issues. In Michigan, anyone wishing to sit for the state licensing exam must first complete 40 hours of prelicensing classes.

How much does it cost to take the Michigan Real Estate exam?

Michigan Real Estate License Exam Once your salesperson application is approved, you will receive an email from the State of Michigan, which includes instructions on how to register for your licensing exam. The email will include a unique 6-digit number known as your Michigan Real Estate (MIRE) number. The fee to take the exam is $79 per attempt.

Do you have to take the Michigan real estate license exam in-person?

You’ll still need to take your license exam in person, but the rest of the process can be completed entirely online! This article outlines the process to get your Michigan Real Estate License in an easy to understand, step-by-step manner.

How do I take the PSI Michigan Real Estate exam?

You can register to take your exam on the PSI Michigan Real Estate page. On this page, you will find some other helpful resources as well, including the Candidate Handbook and Content Outline. Before taking the exam, check out StateRequirement’s guide on how to pass the real estate exam.

How much are real estate classes in Michigan?

It costs approximately $405 to get your real estate license in Michigan, including the cost of a 40-hour prelicensing course required by the state....Michigan Real Estate License Costs.Prelicensing Classes (40 Hours)$179 (through Real Estate Express)Michigan Real Estate License Application Fee$88Testing Fee$791 more row•Oct 23, 2021

How much is the real estate exam in Michigan?

$79Cost to Take the Michigan Real Estate Licensing Exam The Michigan licensing exam is administered by PSI Services LLC. They charge an exam fee of $79.

How do I get my real estate license in MI?

You must be of good moral character.Complete 40 hours of approved Pre-Licensing education. Successfully complete an approved 40 clock-hour Pre-Licensing course. ... Pass the course final exam. ... Select a sponsoring broker. ... Start the application. ... Pass the Michigan real estate examination. ... Receive your license.

How hard is the Michigan real estate exam?

The real estate salesperson exam in Michigan is one of the hardest to pass in the country. In fact, more than 50 percent of those who take it fail one or both sections the first time around. However, you can decrease your risk of first-time failure by making sure you're fully prepared for the exam.

How long is real estate school in Michigan?

You can get your Michigan real estate license in as little as a month, though most people take three to four months. Scheduled livestream classes run full-time and you can complete your prelicensing course in a week with Real Estate Express. You will need to study for and take the exam.

How much does the average realtor make in Michigan?

The average salary for a realtor is $86,189 per year in Michigan.

Can you take Michigan real estate exam online?

Prepare With Practice Tests. Real Estate BROKER licensing examination candidates do NOT need to apply to the state before testing. You can take this test on Computer. Kindly note that this is not an open book test.

How long is Realtor school?

2-5 monthsOn average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state's licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

How much do real estate agents make?

How Much Do Real Estate Agents Make At Most? According to the Bureau of Labor Statistics, U.S. real estate agents will earn a median income of $56,000 per year in 2020. It cost about $49,000 according to the figures.

How many times can you take the Michigan real estate exam?

How many times can I take the MI pre-license course final exam? ​You can take the final exam for the 40-hour Michigan real estate salespersons course as many times as needed until you pass.

How many math questions are on the Michigan real estate exam?

You can generally expect to see between 5 to 20 math questions on the state real estate exam. You might think math isn't that important in real estate. After all, you're concerned with buying and selling property.

How many questions are on the MI?

50 questionsThe written test is comprised of 50 questions from the 2022 Michigan Driver's Manual and you must correctly answer at least 40 questions to pass. Questions are based on road signage, safe driving laws, and driving restrictions.

What is the best real estate school in Michigan?

Real Estate Express is the best choice for an online real estate school in Michigan for many reasons. The school is extremely affordable; you can get started in your new career for as little as $179 (and the packages are often on sale!).

How often do you need to renew your real estate license?

You’ll also need to renew your license every four years, which will require you to take an additional 18 hours of courses. This means that you’ll need to find a real estate school for your prelicensing courses—one that will help you study for the exam, and one for your continuing education courses.

What is Real Estate Express?

Real Estate Express is affordable, easy to navigate, and allows you to work through the material at your own pace. Sign up for one of their four packages today to get started on your new career.

How long does CE shop guarantee?

There’s no risk for trying a course offered by The CE Shop. The company offers a money-back guarantee within 30 days of purchase if your class is less than 50% complete.

Does Kaplan cover real estate?

Most real estate companies do not cover the topics that will make you successful in your business. That’s why we love Kaplan’s Career Launcher. Instead of giving you an online slideshow that showcases successful business strategies, you’ll learn from real, live agents from the comfort of your home computer.

Does Michigan have aceable agents?

Unfortunately, this isn’ t an option for Michigan real estate agents. Currently, Aceable Agent only offers post-licensing courses for agents in Texas and New York. Even if you like Aceable Agent’s format, you’ll have to familiarize yourself with another school’s program to earn your continuing ed credits.

How much does it cost to become a real estate agent in Michigan?

All said and done you can get your Michigan real estate license for around $367. Not bad for a profession that pays almost $52,000 a year on average. Here’s how the costs break down.

How many hours of real estate education is required in Michigan?

The Department of Licensing and Regulatory Affairs (LARA) requires that applicants complete 40 hours of real estate education. The cost of the courses is set by the education provider.

How much does it cost to take the Michigan license exam?

The Michigan licensing exam is administered by PSI Services LLC. They charge an exam fee of $79. That charge applies each time you take the exam. Just one more reason why it’s important to study up before taking the test.

How long does it take to get a LARA license?

You have to take the courses with a LARA-approved education provider or you won’t get credit. You have to apply for a license within 36 months of completing the required coursework or you’ll have to take the courses again.

How long is a iCola license good for?

But if it’s the second year of the licensing cycle you’ll pay $62, and your license will be good for two years. You must pay electronically when the application is submitted, which means you need to pay by debit or credit card. The iCOLA system accepts Visa, MasterCard and Discover.

What is the passing score for real estate in Michigan?

A passing score for the Michigan Real Estate Salesperson Exam is 81/115. Immediately after completing your exam, you will receive a scoring document that states whether you passed or failed. If it is marked “Fail,” then you will see a breakdown of your score in the different areas of the exam.

How old do you have to be to become a real estate agent in Michigan?

The requirements to become a real estate agent in Michigan are: Be a citizen of the United States or a lawfully admitted alien. Be 18 years of age or older. Be of good moral character.

What happens if you don't list an employer on your real estate license?

Real Estate License Sponsorship. Once you have passed your exam and if you did not list an employer, your license application will remain incomplete until the Department receives an Employing Broker notification . Once the Department receives this notification, your license will be issued.

How many digits are in Michigan real estate license?

The email will include a unique 6-digit number known as your Michigan Real Estate (MIRE) number.

How long does it take to get a broker license?

Once you’ve passed your exam, you will only need to wait for your license to be issued. In most cases, this process should take between 5-10 business days. If you had a sponsoring broker help you complete your initial licensing application through MiPLUS, your license would be mailed to your sponsoring broker.

What is the phone number for Michigan real estate?

Phone: (517) 241-9288. Website: http://www.michigan.gov/realestate. Information on this page has been gathered by a multitude of sources and was most recently updated in December 2020. Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date.

Does Michigan require a CE shop?

The CE Shop. Michigan does not require the final pre-license exam to be supervised by a proctor. This is not the same as the state exam. This test is provided by your pre-license education company and is an indication that you have completed and retained the information from your pre-license education course.

What is the best online real estate license class in Michigan?

AceableAgent is the most recent online real estate course to be approved in Michigan. This company is only a few years old and was just approved in Michigan in 2019. However, this is arguably the best online real estate license class you can sign up for.

What is the Michigan Department of Licensing and Regulatory Affairs?

The Michigan Department of Licensing and Regulatory Affairs is the entity responsible for approving online Michigan real estate classes and ensures they remain in compliance. Unfortunately, their website is pretty much useless and doesn’t provide much in the way of recommendations or even giving a general list of approved classes.

What is MBition real estate?

Mbition. Mbition is another one of the very well known online Michigan real estate classes that are easily recognizable in the industry. They’ve been providing online real estate training in Michigan for quite some time now.

Is there online real estate training in Michigan?

Well, online Michigan real estate classes have actually been around for a while now. A couple of decades ago when the state of Michigan first approved online education for real estate professionals, all of the major real estate training programs launched at the same time. Now, over time, these courses have deteriorated.

Is Real Estate Express text based?

Real Estate Express is very heavily text-based. While there are some videos mixed in here and there, the vast majority of this course is simple text. So, if you don’t want to deal with a bunch of videos, animations, and interactive features, this is a bit more of a traditional approach that you might prefer.

Is Michigan real estate class out of date?

Even though they are state-certified, the course content is out of date, which leads to incorrect answers during the real estate license exam, and people will actually fail their exam because of it.