6 FAQs for New Real Estate Agents in IndianaPDH Real Estate
While any new job can make you feel like you are taking on the world, becoming a real estate agent can be all the more difficult with the added process of pursuing education along the way. This collection of common questions will help you determine your next steps in working as an Indiana real estate agent.
1. How Do I Become a Real Estate Agent in Indiana?
The first requirements you must meet to work as a real estate agent include being at least 18 and having a high school diploma or its equivalent. You must also complete at least 90 hours of pre-licensing coursework.
Finally, you must pass a real estate licensing exam. The exam focuses on both national and state principles and practices in the real estate industry.
2. Does Indiana Hold Reciprocal Deals with Other States?
No, Indiana does not have any agreement with other states to allow those with real estate licenses elsewhere to work in Indiana. On the other hand, you may qualify for a real estate license in Indiana if your state has similar licensing requirements.
3. How Do I Apply to Take the Real Estate Examination?
In order to take the real estate exam, you must first reserve your spot and pay for the test through Pearson Vue. From there, you will be eligible to locate testing centers, pay for testing services, and schedule the perfect date and time for your test. You may also be able to view your exam results through the web portal.
4. Is There a Way to Waive Continuing Education Requirements?
If you want to renew your real estate license, you need to complete continuing education courses. In some rare cases, you may be able to waive the educational requirements.
The waiver is available only if you were an active member of the military or if you experienced a severe illness that influenced your ability to work.
5. How Do I Renew My Indiana Real Estate License?
You are required to complete 12 hours of continuing education coursework each year in order to renew your real estate broker’s license. This education allows you to focus on a niche to specialize your industry.
Once you complete your requirements, you can log in to submit the form through Indiana’s licensing website or print out and mail the physical form.
6. How Do I Reinstate My Indiana Real Estate License?
If you choose to reinstate your real estate license after it has been expired for less than three years, you can renew your license online.
If your license has been expired for longer than three years, you need to complete a reinstatement form to become an active real estate broker again. You will also need to submit a fee of $120 and fulfill a requirement of 36 hours of continuing education coursework within the three-year time period. Again, you will need to complete the real estate license exam.
In order to meet continuing education requirements for renewal or reinstatement, you need to figure out where you want to take your courses. Contact us for more information about taking real estate courses that will help you develop your career.