For those interested in a real estate career in the state of Idaho, getting started might seem overwhelming. Each state has its own guidelines and rules for obtaining a real estate license. The Idaho Real Estate Commission (IREC) maintains rules and regulations for realtors, brokers and other real estate professionals in the state. People interested in a real estate salesperson career might wonder how to get a real estate license. The following information should help potential realtors begin the process.
The IREC maintains specific prerequisites for real estate salesperson applicants. In general, those applying for a real estate license in the state must:
- Submit an official application
- Be 18 years or older
- Provide proof of legal U.S. presence
- Have a high school diploma or equivalent
- Submit to a background/fingerprint check
- Complete 90 hours of prelicensure coursework prior to application
- Obtain Errors & Omissions insurance
- Pass the final licensing exam
Applicants should also note that they cannot apply for a real estate license in Idaho until they have completed the required coursework, labeled “Module 1” and “Module 2” by the state. This prelicensure coursework should be taken within three years before submitting an application for a salesperson license.
The IREC may reject or deny applications from people who have had felonies or other convictions; this decision is at their discretion. However, a criminal conviction does not automatically bar anyone from obtaining a real estate license. Those with criminal convictions must disclose this information to the IREC for determination.
Training & Education
The IREC requires applicants to complete 90 hours of prelicensure coursework, “Module 1” and “Module 2.” Each Module designates certain topics to be covered, and the education is mandatory prior to submitting an application. Module 1 includes real estate fundamentals; Module 2 includes applied procedures. Candidates may find a list of approved private institutions that offer these specific modules on the IREC website. As of right now, there is only one online course offered; all other courses must be taken at a physical school.
The Idaho final licensing exam is administered by Pearson VUE, and applicants must register and pay for the exam separately from the application process. The fee for the exam is $85 and must be paid at the time of registration. Idaho also requires candidates to be fingerprinted for the exam. Applicants must receive a score of 70% or higher in order to pass. More detailed information on the exam and scoring is available in the Pearson VUE Candidate Handbook.
Certain courses may be waived for qualifying factors. Accountants who are currently practicing, for example, may waive the Real Estate Finance portion of the modular coursework. Practicing attorneys may waive the law portion. Other waivers may exist, and those applicants who hold relevant professional licenses should check with the IREC to see if they qualify for a waiver.
A salesperson license in the state of Idaho must be renewed every two years, and realtors must complete a Commission Core course along with 16 hours of electives in order to meet the continuing education requirements.
The new license fee for real estate salespersons is $160.
Idaho does not currently have reciprocity agreements with other states. However, licensed realtors from other states may be entitled to a waiver of the national portion of the exam. Those interested in this waiver must contact the IREC for specific information.
The information given in this article addresses real estate salesperson licenses rather than broker licenses. Brokers require more experience and education along with other responsibilities. For those interested in becoming brokers in the state of Idaho, they should check out the IREC website for requirements, education and fees.
Several organizations both nationally and internationally govern the widespread codes of ethics and conduct among realtors and real estate commissions. Among these, two organizations stand out: the National Association of Realtors and the Association of Real Estate License Law Officials (ARELLO). Both of these associations monitor and maintain rules and regulations to which realtors and real estate commissions must adhere in order to maintain national and international realty standards.