Sample Michigan Real Estate License Costs
| Prelicensing Classes (40 Hours) | $206 (through Colibri Real Estate) |
|---|---|
| License Application | $88 |
| Exam Registration | $79 |
| Total Cost | $373 |
How long does it take to get a real estate license Michigan?
The time it takes to get a Michigan real estate salesperson license can vary. It may take up to a few months to complete the required Pre-Licensing education, obtain candidate endorsements, find a sponsoring broker, go through the application process, and schedule and take the state licensing examination.
How much are real estate courses in Michigan?
- Cost #1: Pre-License Real Estate School Course: $179 - $345.
- Cost #2: Application Fee: $88.
- Cost #3: Exam Fee: $79 per attempt.
- The Total Michigan Real Estate License Cost - $346 - $512.
- Cost #1: Brokerage Desk Fees: $0 to $3,600 per year (varies)
How much does it cost to take the MI real estate exam?
Each attempt of the Michigan real estate exam costs $79. But in order to retake the exam, you'll need to re-register and schedule a new exam attempt. This involves an application fee of $88.
Is the Michigan real estate exam hard?
If it is marked “Fail,” then you will see a breakdown of your score in the different areas of the exam. If you decide to retake the exam, use this as a guide for your studies. The passing rate for the Michigan Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible.
How much does it cost to take the Michigan real estate exam?
$79 per attempt
Michigan Real Estate License 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. The Michigan Real Estate Exam consists of 115 questions. You will have 180 minutes (3 hours) to complete the entire exam.
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— MI Real Estate ConEd (@MI_Real_Estate) January 19, 2010
Is the Michigan real estate exam easy?
Passing the Michigan real estate exam
Most people report that the three-hour test is the most difficult part of the real estate licensure process in Michigan. Fortunately, we have some tips to help you out. Pick the right education provider.Frequently Asked Questions
How much does the average realtor make in Michigan?
Real Estate Agent Salary in Michigan
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $113,529 | $9,460 |
| 75th Percentile | $90,800 | $7,566 |
| Average | $70,688 | $5,890 |
| 25th Percentile | $59,000 | $4,916 |
How long is my Michigan real estate pre license course certificate valid?
A: For initial licensure, the prelicensure education is valid for 36 months from the date of completion of the course. *However, if you are a licensed real estate salesperson who completed broker prelicensure, and you never allow your salesperson license to lapse, the broker prelicensure education will not expire.
How long is a Michigan real estate license good for?
Three years
The renewal cycle for Salesperson and Broker licenses is every three years. Newly issued licenses will expire 3 years from the date of issuance.
FAQ
- What is the pass rate for Michigan real estate license?
If it is marked “Fail,” then you will see a breakdown of your score in the different areas of the exam. If you decide to retake the exam, use this as a guide for your studies. The passing rate for the Michigan Real Estate Salesperson Exam is 70%.
- How long does it take to become a real estate agent in Michigan?
The State of Michigan Department of Licensing and Regulatory Affairs (LARA) requires you, as a salesperson applicant, to complete a required 40-hour Michigan Real Estate Fundamentals course.
- Is the real estate exam hard in Michigan?
Passing the Michigan real estate exam
Most people report that the three-hour test is the most difficult part of the real estate licensure process in Michigan. Fortunately, we have some tips to help you out. Pick the right education provider.
How much is a real estate license in michigan
| How much can a realtor make in a year in Michigan? | Real Estate Agent Salary in Michigan. $59,000 is the 25th percentile. Salaries below this are outliers. $90,800 is the 75th percentile. |
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| How much does it cost to renew a real estate license in Michigan? | Michigan Real Estate Renewal Cost
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| How hard is it to get a real estate license in Michigan? | The real estate license requirements in Michigan are fairly easy compared to other states. You are required to complete 40 hours of prelicensing education, apply for your license, pass your exam, and once you select your sponsoring brokerage, you're on your way to a lucrative real estate career. |
- How do I renew my expired real estate license in MI?
In order to reinstate your Michigan real estate salesperson's license within 3 years of your license expiration date, you must pay the required application processing fee, the late renewal fee, and the per-year license fee.
- How much does a beginner real estate agent make in Michigan?
Salaries by years of experience in Michigan
Years of experience Per year 1 to 2 years $76,895 3 to 5 years - 6 to 9 years - More than 10 years $100,891