How to Get a Real Estate License in Wisconsin

Are you considering embarking on a career in real estate sales in the Dairy State? First, you’ll need to become officially licensed.

A real estate license is your ticket to a rewarding realty career, opening doors to numerous opportunities. But how do you get one?

In this guide, we’ll walk you through the process of how to get a real estate license in Wisconsin. From meeting eligibility criteria to passing the Wisconsin real estate license exam, we’ve got you covered. Let’s get started.

Understanding Wisconsin Real Estate Licensing Requirements

Before getting started, make sure you understand the basic licensing requirements. In Wisconsin, these are set by the Wisconsin Department of Safety and Professional Services (DSPS).

The requirements include specific education, exam, and application steps. These ensure you’re well-prepared for your real estate career.

Here’s a quick overview of the requirements:

Be at least 18 years old
Complete 72 hours of pre-licensing education
Pass the Wisconsin real estate license exam
Apply for the license with DSPS
Find a sponsoring broker

Step 1: Meet the Eligibility Criteria

The first step is to ensure you meet the basic eligibility criteria. You must be at least 18 years old to apply for a real estate license in Wisconsin.

Also, you must have a high school diploma or equivalent. This is a standard requirement across most states.

Step 2: Complete Pre-Licensing Education

Next, you need to complete the required pre-licensing education. This is a 72-hour course approved by the DSPS and administered at a board-approved institution.

The course covers key topics like real estate law, contract law, and principles of real estate. It prepares you for the Wisconsin real estate license exam.

Upon completion, you will receive a certificate. This is proof of your successful completion of the course and must be provided to DSPS when applying for your license.

Alternatively, you can also complete 10 academic semester hour credits in real estate or real estate-related law at an approved institution of higher learning.

Step 3: Register for the Wisconsin Real Estate License Exam

After completing your pre-licensing education, it’s time to register for the exam. You can do this through Pearson VUE, which the state has partnered with to administer real estate exams.

The Wisconsin exam consists of two parts: the national portion and the state-specific portion. Both parts must be passed to qualify for a license.

Remember to schedule your exam date well in advance to secure your preferred timeslot.

Step 4: Study and Pass the Wisconsin Real Estate License Test

The Wisconsin real estate license test is a comprehensive exam. It covers a wide range of topics, from property laws to ethical guidelines.

To pass, you’ll need to study diligently. Consider using study guides and practice tests to prepare. These resources can help you understand the exam format and the types of questions you’ll face.

Remember, passing the exam is a crucial step in getting your real estate license in Wisconsin. So, take your preparation seriously.

Step 5: Apply for Your Real Estate License

Once you pass the exam, it’s time to apply for your license. You’ll need to submit an application to the Wisconsin DSPS online LicensE platform.

The application process involves providing proof of your education and exam results. You’ll also need to pay the required fees.

Remember, the DSPS will review your application before issuing your real estate license, so ensure that all your information is complete and accurate.

Step 6: Choose a Sponsoring Broker

After getting your license, you’ll need to find a sponsoring broker. This broker will guide you through your early career stages.

Choose a broker who aligns with your career goals. They should offer support, training, and a conducive work environment.

If you’re interesting in joining one of the largest real estate brokerages in Wisconsin, consider earning your license with us at CENTURY 21 Affiliated.

Maintaining Your Real Estate License in Wisconsin

Once you have your license, it’s crucial to keep it active. This involves meeting certain requirements set by the DSPS and reapplying every two years.

These include:

Completing approved continuing education courses.
Renewing your license every two years or on every even-numbered year by December 14.
Staying updated on changes in real estate laws and regulations.