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Getting Your Michigan Real Estate
License |
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Back
to the Michigan Real Estate Resource Center |
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Please note: Great Lakes Realty
Systems, Inc. does not offer prelicense education for
salespersons or brokers, but is providing this information as a
courtesy. |
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Real estate licensing requirements vary
by state. Generally, each state legislature enacts real estate
license law and appoints a regulatory agency that is responsible
for issuing licenses, investigating complaints brought by
consumers, and disciplining licensees who violate the license
law. This is also true in Michigan, where the state legislature
has empowered the Department of Labor and Economic Growth -
Michigan Board of Real Estate Brokers and Salespersons to
regulate the practice of licensed real estate in Michigan. |
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Types of Michigan Licenses |
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Michigan issues two general
licenses upon completion of educational requirements and passage
of a written examination: a broker's license that allows
a licensee to hire and supervise other licensees; and a salesperson
license that allows a licensee to affiliate with a broker
and practice the profession of real estate under the broker's
supervision. |
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A salesperson becomes eligible to apply
for a broker's license within three years from becoming licensed
if the individual has completed a minimum number of real
estate transactions annually under the broker's supervision,
obtained
additional education, and passes a written examination. |
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Types of Education |
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Real estate education in Michigan falls into
one of two types. Prelicense education is required
to obtain a license initially. Continuing education is required during each licensing period so as to renew a
license for a subsequent license period. |
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Sources of Information |
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The three best sources of information about
Michigan licensing requirements are local real estate companies,
schools that offer prelicense education, and the Michigan Board
of Real Estate Brokers and Salespersons. |
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Check out
the "for sale" signs in your neighborhood or look in
the Yellow Pages to see which real estate offices are located
close to you. |
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To contact the Michigan Board of Real
Estate Brokers and Salespersons, return to our Michigan
Real Estate Resource Center for Board contact information.
You can also view a list of approved prelicense education
schools on their web site. |
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