Ready to get your real estate broker license in Michigan? You’re in the right place! We’ve broken the process of becoming a broker into five simple steps.
Before you can become a real estate broker, you need to spend some time working as a licensed real estate salesperson. In Michigan, real estate salespersons can only work under the supervision of a broker (people in the biz call this the sponsoring broker).
This is why it’ll be essential for you to gain experience before becoming a broker yourself! As a broker, you’ll have a whole team of folks that work under you and depend on your expertise. It would be challenging to have that expertise without some experience, am I right?
To get your real estate salesperson license, you’ll need to:
And voila! With your salesperson license, you’ll be able to represent clients with purchasing and selling real estate.
According to State law, to become a broker you must have at least three years of full-time experience as a real estate salesperson or equivalent experience. Equivalent experience includes real estate-adjacent fields, such as time spent as a/an:
Before you get that Michigan broker license, you’ll need to complete a state-approved 90-hour real estate course specifically for brokers. This course is more detailed and more advanced than the real estate salesperson course, and it will prepare you for the next step: your Michigan broker exam.
This is the part that almost everyone dreads the most – the exam! I feel confident that you’ll be prepared, especially if you keep reading.
Here are some main points about the Michigan broker exam:
If you’d like more information, the exam proctor, PSI, publishes a helpful Candidate Information Booklet to give test-takers an overview of the testing process.
After you pass your broker exam, you can apply for your Michigan broker license online. You’ll complete the application and pay the $143 application fee (at this point you should also celebrate your amazing accomplishment!).
Upon approval of your application, you’ll officially be a licensed real estate broker!
Now that you know how to become a real estate broker in Michigan, don’t wait another day to start your new career. Find a course provider that will help you ace your exam and get started now!
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