Opening a real estate agency or becoming a licensed real estate agent can be very rewarding. For that you will undoubtedly need a Michigan real estate license lookup. It gives one detailed material on the licensing process.
However, finding information is not as easy as you imagine. It is a time-consuming and tiring process. In addition to it, we have done our own research on the licensing procedure. You can find valuable pieces of information below.
To become a licensed real estate agent, you must meet a number of requirements. The essentials are having a transparent criminal background and being 18 years old and older. The next requirement is pre-licensing education. You must complete 40 hours of pre-license courses. These courses take a considerate look at what it takes to become a licensed real estate agent. To test what you have learnt from these courses, you will have a final course exam. It will assess your basic knowledge. When you score 70% or higher, you will automatically pass and receive a Certificate of completion.
Another important requirement is finding a broker. The managing broker will guide you through the whole process by sharing his experience and tips on how to work efficiently. In other words, you will gain much experience as an agent while he will be sponsoring your license.
Once you meet the above-mentioned requirements, you can submit the application for your real estate license.
The application fee is $88. You can apply here.
Upon the approval of the application, you will receive an ID number to register for the exam. After application you have one year to take the exam. The examination fee is $79.
Passing the Michigan real estate license exam is important enough to get a license. You will not get yours if you fail.
In Michigan, the time it takes to become a real estate agent varies from person to person. If you complete the pre-licensing course on time, do not waste much time preparing for the exam and succeed on your first attempt, then it will take you shorter than you imagine. Generally, it takes a few months.
The real estate exam is, in fact, hard to pass. 50% of the applicants fail for the first time. The exam is made difficult on purpose. However, it is not impossible to succeed. You must only prepare really well and fully understand the material. Even if you fail, do not lose hope and just try again. You are allowed to retake it when you are ready, again. The exam consists of 115 questions. The questions cover both state and national requirements.
If you want to see whether your real estate agent is licensed or not, you can effortlessly find it out. You should visit the official website of the Department of Licensing and Regulatory Affairs.