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 hard is the real estate exam in Michigan?
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 MI real estate exam?
How Much Does It Cost To Get A California Real Estate License?
| Course Tuition | $100 - $400+ |
| Background Check | $40 |
| Salesperson License Fee | $245 |
| Examination Fee | $60 |
| Total | $445 - $745 |
|---|
What 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 does it take to become a licensed realtor in Michigan?
Michigan Real Estate Salesperson License
To get started you will need to complete a 40 hour pre-licensure course consisting of real estate fundamentals from an approved pre-licensure instructor.
How hard is the Michigan real estate exam?
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.
Have your MI real estate license and looking for an exciting career change?
— Brian Baker (@BrianBaker_) September 30, 2021
Join the Mountain Run at Boyne sales team! @BGCareers pic.twitter.com/1hqu5uPKHy
Do realtors make good money in Michigan?
On average, real estate agents make $84,459 per year according to salaries reported by Indeed users. Was this answer helpful?
Frequently Asked Questions
How to get a mi real estate license
Michigan Real Estate Salesperson License · Complete an approved 40 hour pre-licensure course · Apply for your license from the State of Michigan · Upon email
What are the requirements to get a real estate license in Arizona?
- Age - Be at least 18 years of age when applying for a license.
- Education – Complete 90 hours of “in classroom” or online Real Estate Salesperson pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.
FAQ
- How long does it take to become a real estate agent in Texas?
- To obtain a Texas real estate salesperson license, you are required to complete 180 hours of pre-licensing education. The cost for these courses can range from $350 to $1,000, depending on the school, format (online vs. in-person), and any bundled services.
- How hard is it to become a real estate agent in Texas?
- Interested in Getting Your Texas Real Estate License The process of getting a real estate license is fairly simple and easily accessible. Once you have confirmed that you are eligible, you can move on to taking the required courses, and then you can take your licensing exam.
How to get your real estate license in mi
| Is becoming a realtor worth it in Texas? | A commission-based field like real estate directly ties your compensation to the amount of work you take on. For a lot of people, that control is very exciting and motivating. There really is no limit to how much you can make, with enough hard work (and a little bit of luck). |
| How do I get into real estate in Texas? | How to Become a Real Estate Agent in Texas
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- How long is real estate school in Texas?
- 180 Hours How Long Is Real Estate School? - 180 Hours. The Texas Real Estate Commission (TREC) mandates the successful completion of six 30-hour real estate courses before a student can take the state license test. (If a student has to repeat a course, that will add to their total of 180 classroom hours.)
- What degree to be a real estate agent
- The short answer is no. A college degree is not a prerequisite to secure your real estate license. Instead, you'll be required to complete “Pre-Licensing”
