Real Estate License Michigan Requirements

This post may contain affiliate links. Read the full disclosure here.

Those who intend to pursue a real estate career in Michigan must understand the state’s licensing requirements for realtors. Michigan’s real estate industry is lucrative, with agents earning an annual salary of $89,000. According to reports by Zillow, the average home value in the state is $247,000, representing a 5.9% increase compared to the previous year. Earning your Michigan real estate license doesn’t have to be challenging if you follow the right steps. Self-motivated students who enroll in the top online real estate license schools in Michigan can get their realtor license in MI within a few months.

Requirements for Getting a Real Estate License in Michigan

Here are the Michigan real estate license requirements.

1. Be Aged 18+

Michigan requires candidates to be at least 18 years old to be eligible for a license. You must be a citizen of the United States and show proof of your high school diploma or equivalent education. Potential licensees must also demonstrate that they have good moral character.

2. Complete a 40-Hour Pre-License Education

Completing the state-required 40-hour pre-license real estate course is essential for getting a real estate license in Michigan. This course teaches students the fundamentals of real estate in Michigan. One easy way to earn your real estate license in Michigan is to take advantage of RealEstateU’s affordable online course packages, which start at $99. RealEstateU’s online school is certified by the Licensing and Regulatory Affairs (LARA) and ARELLO. You can try the full pre-licensing Lara-approved real estate course risk-free for 30 days.

3. Pass the Michigan Real Estate License Exam

Once you complete the 40 hours of approved pre-licensing real estate education in Michigan, the next step is to pass the course final exam with a score of at least 70%. Psychological Services, Inc. (PSI) administers the Michigan Salesperson Licensing Exam. Students can schedule this exam by visiting the PSI website. The 180-minute exam features two portions: state and national tests.

4. Apply for Your License

You can apply for a Michigan real estate license through the LARA website after completing the required education. All applications and fees are valid for one year, so taking the exam within one year of applying is advisable. Students have the option to indicate their sponsoring brokers on their applications or wait until they finish the real estate exam in Michigan.

5. Find a Sponsoring Broker

Salespersons are required to work with sponsoring brokers to practice real estate in Michigan. A licensed Michigan-employing broker can guide you to succeed in the real estate industry. You are eligible for a photo license at the PSI center if you provide your sponsoring broker at least 48 hours before completing the exam. Students who are unable to confirm their employment brokers before the exam can do that through the LARA website. A sponsoring broker must approve your request before your real estate license in Michigan will be issued.

If you need further assistance to earn your real estate license in Michigan, request a special offer today to learn more. RealEstateU offers comprehensive online real estate courses tailored to your needs.

*This article is based on personal suggestions and/or experiences and is for informational purposes only. This should not be used as professional advice. Please consult a professional where applicable.