People interested in becoming a real estate salesperson in Indiana may wonder where to start, how much education is required and the minimum qualifications. Like all other states, Indiana regulates its professional licenses, including real estate, meaning that anyone hoping to become a realtor in the state of Indiana must adhere to certain rules and regulations. Under the Indiana Professional Licensing Agency, the Indiana Real Estate Commission (IREC) outlines prerequisites and educational requirements for obtaining a real estate license in Indiana. Those wondering how to get a real estate license in this state should peruse the following information, as it offers a basic guideline for getting started.
The IREC has outlined basic prerequisites for those interested in a career as a real estate salesperson. While special circumstances may apply, in general an applicant must:
- Be at least 18 years old
- Not have been convicted of a crime that would affect one’s ability to effectively relate to the public
- Complete 54 hours of approved prelicensure coursework
- Submit a valid application
- Pass the final exam for licensure
Training & Education
The IREC requires candidates to complete 54 hours of prelicensure education from an approved school before applying for a real estate salesperson license. The commission maintains a list of approved schools and locations that satisfy this requirement. In addition, realtors must complete 16 hours of continuing education classes prior to the biennial renewal. Of these 16 hours, 6 are based on core real estate principles, while the remaining 10 must be commission-approved electives.
While the educational requirements must be met at an approved school, the IREC does provide for the acceptance of distance-learning provided that the distance-learning program adheres to the commission’s educational guidelines. Applicants interested in distance-learning should verify that the program is accepted by the IREC before beginning a program.
Pearson VUE administers the licensing exam for Indiana realtors. The exam fee is $65 for salespersons and payable directly to the testing company. Pearson VUE offers a complete handbook for potential real estate agents with detailed information regarding scheduling and scoring requirements for the Indiana licensing exam.
Regardless of whether a person is applying for a new license or a reciprocal one, the new license fee for a real estate salesperson is $39.25. This fee is also the same for renewal. Real estate licenses in Indiana must be renewed every two years on June 30th in even numbered years.
Indiana offers reciprocal licenses for realtors from the following states: Arkansas, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kentucky, Massachusetts, Mississippi, Missouri, Nebraska, Oklahoma and Wisconsin. Despite its expansive reciprocity clause, the IREC still requires the appropriate paperwork and fees from applicants in these states. They may receive reciprocal licenses, but the IREC holds discretion for granting such licenses.
The information contained in this article applies specifically to real estate salesperson licenses in the state of Indiana. Other types of real estate and professional licenses require different education and experience, such as brokers and property managers. Individuals interested in other real estate careers may wish to explore those links on the IREC website.
The IREC maintains real estate standards on a state level, but national and international organizations also monitor, develop and promote standardized codes of ethics and practices among realty commissions. Two prominent organizations are the National Association of Realtors and the Association of Real Estate License Law Officials (ARELLO). Those interested in a real estate career should research the universal realtor standards for more information.
- Become A Real Estate Agent In Indiana
- Indiana Real Estate
- Indiana Real Estate Commission
- Indiana Professional Licensing Agency
- Applications and Instructions
- Fee Schedule
- Continuing Education Requirements
- Approved Pre-Licensing Course Providers