Do you need a bachelor's degree to start working in real estate? Read on to learn if you need a college degree to get a Michigan real estate license.
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Getting a real estate license opens the door to a career journey unlike any other. You get to make your own schedule, set your own hours, and have the opportunity for unlimited income potential. But how much education does it take to get into the game?
Read more to learn if you need a college degree to get a Michigan real estate license. Also, find out how college courses can help you complete the real estate exam educational requirements faster. Lastly, find out the courses all applicants must take to apply for a Michigan real estate license.
To become a licensed real estate agent in the state of Michigan, you don’t need to have a college degree. The only education requirement is your pre-licensing course. However, if you do have a degree, it can give you a head start.
If you have a bachelor’s degree in business or finance, it may count toward 30 hours of pre-licensing education. Make sure to check with Michigan's Department of Licensing and Regulatory Affairs (LARA) first. Otherwise, you'll need to take the full pre-licensing course.
You can choose between taking an online or in-person course. The curriculum will cover all the basics of Michigan real estate. Your course will also specifically include at least four hours of courses on civil rights law and equal housing opportunity.
If you're making a career change and looking to transition to the real estate field, online pre-license courses are convenient. Veteran real estate instructors teach online courses. This lets you start the process of becoming a licensed Michigan real estate salesperson from home while juggling other commitments.
Once your 40 hours of pre-licensing education is complete, you can apply for a real estate salesperson license. Michigan no longer accepts paper applications, so you can apply online.
Once you apply, you'll need to pass the Michigan real estate exam. Then, an employing broker needs to sponsor you. You don’t need to have an employing broker at the time you submit your application. You can send in your broker information at a later time through an employing broker notification form. Your employing broker will receive the license and will let you know when your license is ready.
Everyone starts on an equal playing field in real estate, regardless of whether or not you have a bachelor’s degree. That's because of Michigan's pre-licensing course requirements. Unless you have a bachelor's degree in a specific field, you'll need to take the 40 hours of education. And even then, you may still need 10 extra course credits.
Are you looking to obtain your Michigan real estate license and become a Michigan real estate salesperson? Visit Aceable’s Michigan real estate pre-licensing course online to learn more about the steps you can take to launch your new career.