05 Sep How To Get Your Real Estate License In Wisconsin: A Complete Guide
If you’re considering a rewarding career in the real estate industry and have set your sights on Wisconsin, you’re in the right place. This article will guide you through the process of obtaining your real estate license in Wisconsin, taking you one step closer to a successful career. We will make sure you have all the information you need to embark on your new professional journey.
Understand the Requirements
Before diving into the process, it’s crucial to understand the basic requirements for obtaining a real estate license in Wisconsin. The state requires that applicants:
- Be at least 18 years of age
- Possess a high school diploma or equivalent
- Complete 72 hours of pre-license education from an approved school
- Pass the Wisconsin real estate salesperson exam
- Submit a completed application and pay the appropriate fees
- Obtain sponsorship from a licensed Wisconsin broker
Next up…some education.
Complete Pre-License Education
The first step towards obtaining your real estate license in Wisconsin is to complete the required 72 hours of pre-license education. This education can be completed through a variety of formats, including online courses, in-person classes, or a combination of both.
Ensure you choose a school approved by the Wisconsin Department of Safety and Professional Services (DSPS). The curriculum typically covers subjects such as property ownership, land use controls, valuation and market analysis, financing, and Wisconsin-specific real estate laws and regulations.
Register for and Pass the Salesperson Exam
After completing the pre-license education, you’ll need to pass the Wisconsin real estate salesperson exam. The exam is administered by Pearson VUE, an independent testing service, and consists of two parts: a national portion and a state-specific portion.
To register for the exam, visit the Pearson VUE website, create an account, and follow the instructions to schedule your exam. The fee for the exam is approximately $65, payable at the time of registration. You’ll need to bring two forms of identification, including one government-issued photo ID, to the testing center on exam day.
The national portion of the exam consists of 80 questions, while the state-specific portion has 40 questions. A passing score is 75% or higher for each section. If you fail either portion, you can retake the exam after a waiting period.
Submit Your Application
Once you’ve passed the exam, you can submit your application to the Wisconsin DSPS. The application can be completed online or by mail. You’ll need to provide information about your pre-license education, exam results, and any criminal history or disciplinary actions you may have. The application fee is approximately $75.
Find a Sponsoring Broker
Before activating your real estate license in Wisconsin, you’ll need to find a sponsoring broker. (We can help you with this! We know some GREAT brokers in Wisconsin. Contact us if you need some suggestions.) This broker will be responsible for overseeing your work and providing guidance as you gain experience in the industry. When choosing a broker, consider factors such as training opportunities, company culture, and commission splits.
Maintain Your License
Once you’ve obtained your real estate license in Wisconsin, you’ll need to keep it active by completing 18 hours of continuing education every two years. This education must be completed through a DSPS-approved school and include a minimum of three hours of mandatory courses related to Wisconsin real estate laws and regulations.
Obtaining your real estate license in Wisconsin requires dedication and commitment to meeting state requirements. By following the steps outlined in this article, you’ll be well on your way to a successful career as a real estate agent in the Badger State. So, start your journey today and take the first step towards achieving your real estate license in Wisconsin.