Requirements to Obtain a Salesperson License:

• • • Be at least 18 years old

• • • Complete the 60-Hour Pre-License Course

• • • In addition to the 60 hours, all persons applying for a license must show evidence that they have completed the following three courses:

• • • • • 12 Hours – Buying Practices
        • 12 Hours – Listing Practices
        • 12 Hours – Developing Professionalism and Ethical Practices

• • • Schedule Iowa Salesperson Licensing Exam with PSI and pass both State and National portions of the exam

• • • Undergo a background check – only valid for 120 days

• • • Be sponsored by a Broker before applying for license

• • • Obtain errors and omissions insurance

• • • Obtain and submit the Iowa Real Estate Commission Application for Individual Licensure and be sponsored by a Broker

Salesperson Post-License: Requirements for First Renewal

• • • All salespersons originally licensed prior to Jan. 1, 2009 that are renewing for the first time must complete the following 36 hours of education:

• • • • • 12 Hours – Buying Practices
        • 12 Hours – Listing Practices
        • 12 Hours – Developing Professionalism and Ethical Practices

Salesperson Continuing Education:

• • • Complete the required 36 hours during every three year renewal cycle

• • • Must be completed by December 31st of the expiration year

• • • The 36 hours must include 4 hours of mandated ethics and 8 hours of legal update

• • • Only 24 hours may be completed via distance education

Requirements to Obtain a Broker License:

• • • Must have 24 months of active salesperson experience and complete 72 hours of broker pre-license education within 24 months preceding the passing of examinations.

• • • Pass the state and national portions of the examination

• • • Undergo a background check – only valid for 120 days

• • • Provide verification of current errors and omissions insurance

• • • Include current salesperson wall license with application

• • • Brokers who have never renewed as a salesperson must provide documentation of attendance of the following three courses:

• • • • • Buying Practices  – 12 Hours
        • Listing Practices – 12 Hours
        • Developing Professionalism and Ethical Practices – 12 Hours

Broker Continuing Education:

• • • Complete the required 36 hours during every 3 year renewal cycle

• • • Must be completed by December 31st of the expiration year

• • • The 36 hours must include 4 hours of mandated ethics and 8 hours of legal update

• • • Only 24 hours can be completed via distance education

• • • The licensing exam costs $95.00, and includes the state and national portions.

• • • Register, schedule an appointment, and read the Candidate Information Bulletin here: https://candidate.psiexams.com/catalog/fti_agency_license_details.jsp?fromwhere=findtest&testid=608