How to Become a Real Estate Broker in Michigan
The Michigan Board of Real Estate Brokers and Salespersons, regulated by the Michigan Department of Labor and Economic Growth, defines a real estate broker as an individual that buys, sells, offers to buy or sell, provides an estimate of value on property or oversees other individuals who take part in these activities. In Michigan, a real estate broker's license is required to oversee or employ real estate salespersons, and a broker must have at least three years experience as a salesperson before applying to become a broker.
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Things You'll Need
- Michigan real estate salesperson license
- 30 hours of broker preparation class and completion certificate
- 60 hours of approved real estate broker courses and completion certificates
- Michigan real estate broker's license application
- Three years experience as a real estate salesperson
- Letter of good standing (if applicable--see warnings)
Instructions
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1
Complete three years of work experience as a Michigan real estate salesperson.
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Complete 30 hours of broker preparation, such as Broker Prep, Commercial Real Estate Brokerage or Valuation of Residential Properties. These courses are available through several private training services and the Michigan Association of Realtors.
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Complete 60 hours of approved broker courses, which must include nine hours of coursework in civil rights law and equal opportunity in housing. These courses are available through a variety of private training services and the Michigan Association of Realtors.
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Contact PSI Exams Online, the independent testing firm contracted by the state of Michigan to administer real estate broker's licensing exams, to schedule the exam.
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Tips & Warnings
All 90 hours of broker licensing training must be completed within the previous 36 months of taking the broker's license exam.
If you have held a real estate salesperson or broker's license in a state other than Michigan, you will be required to submit a letter of good standing from that state, which indicates your license is in good standing.
