Licensing

The following information is from the web site for the Michigan Department of Labor and Economic Growth You may access the web site for additional information.

An applicant for a real estate salesperson license must be 18 years of age and have successfully completed education and examination requirements required by the Occupational Code, PA 299 of 1980, as amended.

1) COMPLETE YOUR REAL ESTATE FUNDAMENTALS (PRELICENSURE) COURSE : Your school will submit your certificate of completion to the State of Michigan. Always keep a copy of completion certificates for your records. You must apply for licensure within 36 months of completing your prelicensure course.

2) COMPLETE AND SUBMIT YOUR REAL ESTATE SALESPERSON LICENSE APPLICATION : Log into the site www.michigan.gov/icola to apply for licensure. Upon accessing iCOLA, you will be asked to create an account, pay your license fee and submit your license application electronically. If you list your employing broker’s 10-digit id number when applying, please inform your employer that you have submitted your license application. Your employing broker should then access his/her iCOLA account and confirm sponsorship. You do not need to have a broker at the time you submit the license application; broker information may be supplied to the State of Michigan at a later time using the Employing Broker Notification form, found at the Forms & Publications link at www.michigan.gov/realestate. Your license application will remain in a “pending” status with the State of Michigan until broker sponsorship is confirmed.

During your electronic application process, if you answered “yes” to specific questions, you are required to submit additional forms (Request for Conviction History, Request for Disciplinary Action, Stipulation Form or Consent to Service of Process), this will be noted on your ePayment Receipt upon completion of the iCOLA application process. Please read it carefully and follow the directions accordingly. Your application will not be processed until the additional forms (if required) are received by the State.

3) RECEIVE AUTHORIZATION TO TEST : If no additional documentation is required, your application will be approved, and you will receive an email from the State of Michigan notifying you of your authorization to register for the exam (please allow 2-5 business days for this step). The email will include your exclusive six-digit exam candidate “MIRE” (Michigan Real Estate) number and complete examination registration instructions. Again, if additional documents are required due to your “yes” responses, the application will be in a pending status (you will not receive the email) until the documents are received and the application is approved. No email is sent to you regarding these deficiencies.

Note: (1) You must complete all licensure requirements within one year of applying on iCOLA. (2) Exam scores are valid for one year.

4) CONTACT PSI TO SCHEDULE EXAM : Using the contact information contained in your “MIRE” email, provide PSI with your MIRE number, then schedule and pay for your exam. This MIRE number is used only for the purpose of scheduling your exam, it is not your license number. Your license application will remain in a “pending” status with the State of Michigan until broker sponsorship is confirmed and you have taken and passed the exam.

5) TAKE AND PASS EXAM : If broker sponsorship is confirmed at least 48 business hours prior to your exam date, you will receive the photo pocket license at the PSI Examination Site upon successful completion of your exam.

Subsequent Notification of Broker Sponsorship:

· If your iCOLA application named a broker before you took the exam, but the broker did not confirm sponsorship prior to your exam, your broker can still use iCOLA to sponsor you.

· If you didn’t name an employing broker prior to passing the exam, the receipt of your photo pocket license and subsequent paper licenses will be delayed awaiting the submission of a completed Employing Broker Notification form.

Again please note that you must pass the exam within one year of applying for the license or the fee paid on iCOLA expires.

6) LICENSURE : Typically, exam information will be imported into your iCOLA record within 48 business hours after successful completion of the exam. Once your exam score is received by the Department and broker sponsorship is confirmed, the State-issued paper wall license and pocket card will be mailed to your employing broker’s main office.

CONTINUING EDUCATION AND LICENSE RENEWAL

Once you are licensed, please take note which year of the 3-year license cycle you acquired your license since that dictates how many continuing education hours you will need to renew. All applicants who were issued a new license from 11/1/08 to 7/1/09 will be renewing his/her license this year and are required to complete 6 hours of continuing education hours by 10/31/09. October 31st the license will expire if not renewed. Please check for Renewal information on our website for more information.

Michigan State Board of Real Estate Brokers & Salespersons

The Michigan Board of Real Estate Brokers and Salespersons was created under Article 25 of Public Act 299 of 1980, as amended, to license and regulate the practice of real estate brokers and salespersons in Michigan. Article 25 defines a real estate broker as an individual or an entity, who with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses, lists or offers or attempts to list, or negotiates the purchase or sale or exchange or mortgage of real estate, or negotiates for the construction of a building on real estate; who leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; who engages in property management as a whole or partial vocation; who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or who, as owner or otherwise, engages in the sale of real estate as a principal vocation.

A real estate salesperson is defined as an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, to buy or offer to buy, to provide or offer to provide market analyses, to list or offer or attempt to list, or to negotiate the purchase or sale or exchange or mortgage of real estate, or to negotiate for the construction of a building on real estate, or to lease or offer to lease, rent or offer for rent real estate, who is employed by a real estate broker to engage in property management, or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.

Property management is defined as the leasing or renting, or the offering to lease or rent, of real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

The department currently oversees the practice of approximately 42,419 real estate salespersons, 9,942 associate real estate brokers, 11,348 real estate brokers, and 716 branch offices.