Congratulations on choosing a career path in the exciting field of Real Estate! If you’re interested in obtaining a real estate license in Iowa, there are a few steps you need to follow. In this article, we will outline the requirements and provide you with all the necessary information to kick-start your journey.
Meeting the Licensing Requirements
Before you begin, it’s important to note that there is no specific order in which you must complete the requirements, but there are strict timelines that you need to adhere to. To get started, here are the key points you need to know:
- A salesperson must be assigned to a licensed broker or firm and cannot conduct business independently.
- You must be at least 18 years of age. Although you can sit for the exam before turning 18, you must be 18 or older when applying for a license, which must be done within six months after passing the exam.
- There should not have been any rejection of your licensure application within the past twelve months or any revocation of your real estate license within the past two years.
Completing a 60-Hour Pre-License Course
To be eligible for the Real Estate Exam, you must first complete a 60-hour pre-license course approved by the Iowa Real Estate Commission. We offer various options for you to choose from:
- Weekday Classroom 60 Hours ($460) – More Info
- Weekend Classroom 60 Hours ($485) – More Info
- REsmarts Online Self Study 60 Hours ($425) – More Info
Undergoing a Background Check
According to Iowa law, all real estate license applicants are required to undergo a criminal background check. Please note the following regarding the background check process:
- Visit https://plb.iowa.gov/ and create a login for DataPro (also known as “My Iowa PLB”).
- Submit a request for a fingerprint packet electronically through the “General – Background Packet Request” application. There is no fee for the packet, but you will need to pay a $51.00 fee to the Iowa Real Estate Commission when submitting the completed fingerprint card and waiver form.
- You do not need to wait for your background check to be approved before applying for your license.
- The background check report is valid for 210 days.
- Certain criminal convictions may result in the denial of a real estate salesperson license application.
Passing the Iowa Licensing Exam
To acquire your real estate license, you must pass the Iowa Licensing Exam, which consists of two sections: National and State. Here are some key points to keep in mind:
- The exam is conducted by PSI Examination Services at various locations throughout the state. You can register for the computer-based exam by calling 800-733-9267 (available 24 hours) or visiting www.psiexams.com. The exam fee is $95 for each attempt.
- Wait until you have received a completion certificate for the Commission-approved 60-hour pre-license course before registering for the exam. The Iowa Association of REALTORS will issue your certificate.
- Examination results are confidential and will only be shared with you and the Iowa Real Estate Commission.
- Upon passing the examination, you will receive a real estate license application form along with your score report. Ensure that you submit your application to the Iowa Real Estate Commission no later than the last working day of the sixth month after the examination date.
- In case you do not pass, you must retake the examination before becoming eligible for a license. You will need to submit a new registration form, pay the appropriate fee to PSI, and schedule a retake appointment.
Completing Additional Required Courses
As an applicant for an original salesperson license, you must provide evidence of successfully completing the following courses within the 12 months prior to applying for a license:
- 12 hours of Buying Practices
- 12 hours of Listing Practices
- 12 hours of Developing Professionalism and Ethical Practices
These courses can be taken in any order and must be completed in person or virtually via a live camera. Please note that these courses are in addition to the 60-hour salesperson pre-license course.
Special Bundle Offer for Pre-License Courses
To help you save over $100, we offer a pre-license bundle that includes the 60-hour pre-license course and the three additional 12-hour courses. Check out our two bundle options:
- Pre-License Weekend Bundle starting on September 9 – Register here
- Pre-License Weekday Bundle starting on October 24 – Register here
Applying for a Real Estate License
Once you have successfully passed the licensing exam, you will be provided with a license application. Here’s what you need to submit along with your application:
- Complete and notarized application form provided by the Iowa Real Estate Commission. Your signature must be notarized.
- Completed background check submitted to the Iowa Real Estate Commission.
- A license fee of $125.
- A pass notice from PSI Examination Services.
- Proof of completion of the 60-hour pre-license course, demonstrated by a completion certificate (completed within the 12 months prior to license application).
- Proof of completion of the approved additional 36-hour pre-license course work, demonstrated by completion certificates (completed within the 12 months prior to license application).
- Proof of Errors and Omissions insurance.
- A signature from your employing broker on the license application form.
For any questions regarding licensing, please contact the Iowa Real Estate Commission at:
- Iowa Real Estate Commission
- 200 E. Grand Suite 350
- Des Moines, IA 50309
Consider Joining the Iowa Association of REALTORS®
Becoming a member of the Iowa Association of REALTORS® offers unique benefits that set you apart from other real estate licensees. Only members of the Association can use the prestigious term REALTOR®. If your broker is not already a member, discuss the advantages of joining with them.
To explore the benefits of membership and learn how to join, visit the following resources:
For any further inquiries about education, please send an email to: email@example.com.
Now that you have all the information you need, it’s time to take the first step towards obtaining your real estate license in Iowa. Good luck on your exciting new journey!