Getting your Michigan real estate license might seem daunting, but we’re here to guide you through the process.
Read on to learn about the 6 steps you’ll need to complete before starting your career in Michigan real estate. To learn about how much it costs to get your real estate license, visit our Michigan Pre-Licensing pricing page.
Be at least 18 years of age
Must have 3 years of experience as a full-time Michigan-licensed salesperson (working for a Michigan-licensed broker). Related fields like a licensed builder, developer, property manager, or loan officer may also satisfy the requirement on a case-by-case basis.
A record of business experience, competence, and good moral character (meaning no convictions of embezzlement, misappropriation of funds, or fraud).
Once you’ve met the prerequisites, it’s time to begin the 90-hours of Michigan state-approved Broker Pre-Licensing education coursework. Of the required 90-hours, the coursework must include at least:
30-hours of Broker preparation
9-hours of civil rights and fair housing laws
(An MBA or law degree may substitute for 60-hours)
Part of completing the required coursework is passing the course’s final exams. Generally speaking, an exam score of 70% or greater is needed to receive a certificate of completion.
After completing the course exams, the next step is to register for the Michigan state-issued Broker Licensing Exam. The exam, which is administered via computer at a PSI testing center, will cost $79. Those taking the broker exam will be allotted 3.5 hours to complete the exam.
If you haven’t done so already, make sure you have set up a MiPLUS account with the Michigan Department of Licensing and Regulatory Affairs. The state no longer accepts physical applications and renewals via mail.
Let’s say you’ve completed your education and have passed your exams. Congrats, it’s now time to submit your license application. Sign into your MiPLUS account and enter all of the necessary information to apply.
At last, it’s time to start your own brokerage firm and get to work building your real estate empire. Brokers must register (including the business name and which type of company they choose e.g. sole proprietorship, LLC, etc.) with the Business Registration Division (BREG). It's also wise to consult with both your tax and insurance professionals as you take the next big step in your real estate career.
