Save 40% when you enroll today! Now only $138!
ENROLL NOWUse code: HEAT40
Expires 7/26/2021
Michigan Real Estate License Training
Pass Your Michigan Real Estate Exam – Guaranteed!
Michigan Real Estate License Classes
Get your Real Estate License in Michigan in 2 Easy Steps!
1 Successfully complete an approved 40-hour Salesperson pre-license course
2 Pass the state required exam
The 40-hour Salesperson Real Estate Pre License Course helps you lay a solid foundation to start your real estate career. The course covers topics like contract law, listing agreements, real estate finance, closings, Michigan laws, and much more. The course will also prepare you for your state exam. You must complete an approved 40-hour course in order to sit for the state exam.
The Michigan Exam Prep Bonus Material will provide additional preparation for your Michigan real estate licensing exam by providing you with over 800 practice questions, including 15 practice quizzes and a simulated final exam. This isn’t required as part of the 40 hours of pre-licensing, but we highly recommend you utilize this bonus material to prepare for your Michigan state exam.
We also include our Mold, Radon and Home Inspection courses for Real Estate Salespersons. As a real estate professional, you will no doubt run into issues in all 3 of these areas when assisting your clients. These courses will give you a head start in your new real estate career.
Michigan Real Estate Course Pricing
Our Michigan real estate training package ranges from the required 40-hour pre-licensing course to everything you need to establish a strong foundation for your real estate career.
Michigan Package
40-Hour Salesperson Pre-License Course
Over 800 Practice Questions
15 Practice Quizzes
Simulated Final Exam
– Plus –
Instructor Support
Real Estate e-Books
Lifetime Access to Training Materials
Pass Guarantee
Mold for Real Estate Agents
Radon for Real Estate Agents
Introduction to Home Inspection
Why Choose PDH Real Estate?
Expert
Instructors
Our instructors love what they do and are excited to share their knowledge and their real-world experience with you.
Always
Up-to-Date
Our team stays on top of state real estate regulations so you are always getting the most accurate information.
Fully State-
Approved
The course has gone through Michigan’s rigorous approval process so you can be sure you’re in good hands.
Comprehensive
Exam Prep
Be better prepared and less anxious for the state exam, because you’ll already know what the test will be like.
Pass Guarantee
We know exams can be tough and we want you to be confident knowing that we’re here from lessons to license.
100% Self-Paced
The course is 100% self-paced, meaning you can move through it as quickly or as slowly as you need to.
Lifetime Access
Learning is a lifelong process. You can go back and reference our course material at any time in the future.
Stellar Support
Our industry-leading instructors are here to help with their years of real-world experience and expertise.
About Our Michigan Real Estate License Course
The 40-hour Salesperson Real Estate Pre-License Course will help you kickstart your career as a real estate agent in Michigan. The course covers topics like contract law, listing agreements, real estate finance, closings, Michigan laws, and much more. The course will also provide you with the knowledge essential for passing the state exam. You must complete an approved 40-hour course in order to sit for the state exam.
The content is comprehensive and up-to-date with current trends and regulations. Our course is 100% online so you can study when it’s most convenient for you, from the comfort of your own home.
Benefits of our course include:
- Satisfy your Michigan Real Estate Commission requirements
- Practice for your state licensing exam
- 100% online, so you can work at your own pace
- Certificate of completion
- Pass guarantee
- Lifetime access to course material
Our Exam Prep Course includes more in-depth content as additional preparation for your real estate exam. We provide you with over 800 practice questions and 15 practice quizzes, and also include a simulated state-specific and national exam, so you know what to expect come exam time.
We also offer a pass guarantee – If you do not pass your real estate licensing exam on your first attempt after completing our Exam Prep course, we will reimburse you for the cost of your exam.
You’ll have access to unlimited customer support as you work through the program. If you want to walk into the state exam feeling confident and prepared, enroll today and let our course get you there!
State Requirements for Michigan
Michigan requirements for real estate licensing
- Hours Required: 40
- Approval: Our school is approved by the Michigan Real Estate Commission to offer the 40-hour real estate pre-license course. Our provider number is 567.
- Reporting: We report your completed course information to the Michigan Real Estate Commission.
- Certification of Completion: You will be provided with a certificate upon completion of the licensing course, which you can print immediately. The certification will include:
- your name
- the completion date
- the course or approval number
- the course name
- the course hours
Michigan Real Estate Commission
Address: PO Box 30670, Lansing, MI 48909
Phone: (517) 241-0199
Email: bplhelp@michigan.gov
Website: www.michigan.gov/realestate
Michigan 40 Hour Salesperson Pre License Course Outline
I. The Real Estate Business
- Describe real estate activities
- Identify real estate professions
- Define residential, commercial, investment
- Identify primary brokerage activities
- Define specializations
- List skills & knowledge needed
- Identify major professional organizations
- Identify regulated areas
- List general areas of license law
II. Rights in Real Estate
- Define land and real estate
- Distinguish categories of property
- Identify the bundle of rights
- Define air, surface, subsurface & water rights
- Identify areas of government & judicial regulations
III. Interests & Estates
- Define estates in real property
- Define interests & estates in land,
- Distinguish freehold from leasehold estates,
- Describe types of fee simple estate,
- Describe types of life estate,
- Describe types of leasehold estate
IV. Ownership
- Define the forms of ownership
- Define sole ownership
- Define & distinguish forms of co-ownership
- Describe how joint tenancy is created
- Define the mechanics of an estate in trust
- Identify the features of a land trust
- Define condominium ownership
- Define cooperative ownership
- Define time-share ownership
V. Encumbrances & Liens
- Define encumbrance
- Identify types and priority of liens
- Describe the types of lien
- Define lien priority
- Describe foreclosure processes
- Describe the types of easements
- Define deed restrictions
- Define encroachment
VI. Transferring & Recording Title
- Distinguish legal & equitable title
- Define actual and constructive notice
- List & describe processes of voluntary & involuntary transfer
- Describe components of a deed of conveyance
- Identify types of deed
- Identify types of will
- Describe probate processes
- Define title & title records
- Describe the forms of title evidence
VII. Real Estate Leases
- Identify the principal types of leasehold estates
- List the rights & obligations of landlord and tenant
- List the legal requirements of a lease contract
- Describe major lease clauses
- Define the major types of lease
- Define default and termination
- Describe the areas regulated by URLTA
VIII. Land Use Planning & Control
- Describe the goals and process of land use planning
- Describe the zoning & zoning appeals process
- Define the types of zone
- Describe the process of taking by eminent domain
- Describe the major environmental legislation
- Describe the major types of private land use control
IX. Legal Descriptions
- Define legal description
- Describe the metes and bounds method
- Interpret a metes and bounds description
- Describe the rectangular survey method
- Identify ranges, tiers and townships
- Identify sections of a township
- Calculate acreage of fractions of a section
- Describe a section fraction
- Interpret a rectangular survey description
- Describe the recorded plat method
- Describe the use of elevation reference points
X. Real Estate Contract Law
- Identify the basic legal concepts of contracts
- Describe requirements for contract validity
- Describe the creation & termination of contracts
XI. Agency
- Define the agency relationship
- Describe the fiduciary duties of agency
- Identify the forms of real estate agency
- Describe the rules of agency disclosure
- Identify problem areas for real estate agents
XII. Listing Agreements
- Describe the basis of listing agreements in contract and agency law
- Identify the types of listing agreement
- Describe how an agent fulfills an agreement and earns compensation
- Identify the basic provisions of a listing agreement
XIII. The Brokerage Business
- Identify the activities, scope & organization of brokerage
- Identify who may/may not broker real estate
- Define broker-salesperson relationships
- Calculate a commission split
XIV. Contracts for the Sale of Real Estate
- Describe the characteristics and provisions of a contract for sale
- Describe the characteristics and provisions of an option-to-buy contract
- Describe the characteristics of a contract for deed
XV. Real Estate Market Economics
- Describe the elements of the market system
- Define the economic characteristics of real estate
- Describe real estate supply and demand
XVI. Appraising & Estimating Value
- Define real estate value
- Describe economic foundations of real estate value
- Identify major types of value
- Define market value
- Define appraisal
- Describe the appraisal process
- Describe the three approaches to value
- Define comparative market analysis
- Perform basic calculations used in appraisal
- Identify regulated appraisal activities and professional standards
XVII. Real Estate Finance
- Define mortgage financing
- Describe loan transactions
- Calculate loan financial components
- Identify major elements of mortgage & trust deed
- Describe the underwriting & loan application processes
- Describe the major laws that affect mortgage lending
- Calculate the loan amount for which a borrower qualifies
- Describe the primary & secondary mortgage markets
- Describe common loan types and structures
XVIII. Real Estate Investment
- Describe the investment characteristics of real estate
- Identify investment entities & describe the tax treatment of real estate investments
- Perform investment analysis and tax calculations
XIX. Real Estate Taxation
- Identify taxing entities
- Describe ad valorem taxation
- Perform basic tax calculations
- Describe the enforcement of tax liens
XX. Ethics: Laws and Practices
- Identify and describe the fair housing laws & fair financing laws;
- Identify fair housing and financing problem areas for real estate agents;
- Identify acceptable ethical and professional practices
XXI. Closings
- Describe the process of a real estate closing
- Describe the requirements of RESPA
- Define buyer’s & seller’s debits and credits
- Define and calculate prorations
- Identify and calculate taxes due at closing
- Complete a closing statement
XXII. Real Estate Licensing & Regulation
- Describe the role of state license law
- Describe the procedure & requirements for obtaining and retaining a real estate license
- Identify services requiring a license
- Identify the types of real estate license
- Describe the role of the state real estate commission
XXIII. Risk Management
- Define risk & risk management
- Explain the four basic risk management strategies
- Describe the four primary risk management procedures in real estate practice
- Identify the primary risk areas for real estate licensees
XXIV. Property Management
- Describe the major functions of the property manager;
- Identify the nature and components of a management agreement;
- Describe elements of various lease types of most interest to a property manager;
- Identify sources of management business, the role of the management plan in securing business, and sources of professional training for property managers
XXV. Michigan Licensing Regulations
- Department of Licensing and Regulatory Affairs
- Licensing Requirements
XXVI. Rules Governing Michigan Licensees
- Advertising
- Consideration
- Licensee as Buyer or Seller
- Handling Contracts
- Handling Money
- Prohibited Acts
XXVII. Contractual Relationships in Michigan
- Agency
- Service Provision Agreements
- Broker/Salesperson Relationship
XXVIII. Michigan Housing Regulations
- Michigan State Housing
- Development Authority
- Michigan Fair Housing
- Landlord-Tenant Relationships Act & Truth in Renting Act
- Homeowners Association Regulations
XXIX. Michigan Property Disclosures
- Seller’s Disclosure Statement
- Other Material Facts
XXX. Other Points of Michigan Law & Practice
- Land Division Act
- State Transfer Tax
- Michigan Condominium Act
- Michigan Antitrust Reform Act
- Michigan Right to Farm Act
- Changes in Land Contract Laws
- Foreclosures and Short Sales
XXXI. Real Estate Math
- Add and multiply fractions;
- Multiplying using percentages
- Calculate area of basic shapes
- Calculate area from legal description
- Calculate commission
- Calculate Goodwill
- Calculate Percentage of Listing Price
- Calculate Earnest Money Deposits
- Calculate Rent Escalations
- Calculate FIRPTA Withholdings
- Adjust Comparables for Appraisals
- Calculate Income Capitalization
- Calculate Loan Amounts, Rates, and Payments • Calculate Loan-to-Value Ratio
- Calculate Income Underwriting Ratio
- Calculate Debt Underwriting Ratio
- Calculate Points
- Calculate Appreciation
- Calculate Equity
- Calculate Pre-tax Cash Flow
- Calculate Tax Liability
- Calculate Annual Depreciation Expense
- Calculate Capital Gain
- Calculate Return, Rate of Return, and Investment Amount • Calculate Tax Rate
- Calculate Special Assessments
- Calculate Prorations
PDH Real Estate License Course Reviews
The course was very well put together and could go at my own speed.
Very thorough and super easy to reference. The subjects are categorized very well and was a super tool for preparing for the licensing exam.
This course was hands down better and more clear than another one I started. I LOVE this format. It is easy to understand and really explains the information clearly and in a way that is easy to understand and remember. I would recommend this course to anyone who is considering obtaining a real estate license. Your course, aside from a couple typos, is awesome!!! I’m so happy I found this course.
The set up was great and made getting my license possible. It was very easy to navigate and the courses were easy to read and understand.
The course was laid out nicely and easy for me to follow and see my progress. also enjoyed being able to do it in a time that was convenient for me.
Overall great program. I will refer others to use this!
I really liked that it was at my own pace. I was able to work it around my busy schedule. I also liked how I could print the material out so I could read at my leisure and then take notes. I do feel like this course prepared me for exam.
I loved that I could do this at my own pace. I also liked that I could print off chapters so that I didn’t have to be tied to the computer. Easy access on my phone was another bonus. I was able to finish quite a few chapters while in the car for 9 hours.
It is easy to navigate and no pressure. You can get the work done at your own speed when you have time. If you have any issues, the support people are really quick to respond.
I liked that you could go at your own pace. Also, you can easily exit the course and pick up where you left off.
This course was very helpful. It allowed me to work at my own pace. The instructor was very helpful every step of the way.
I passed the state exam on the first try after the course. Thanks.
Great course that helped me to pass my test!
Very convenient but still very thorough.
It is user-friendly. I like the step-by-step units.
Questions?
Michigan Real Estate License FAQs
Are there any other requirements as part of the application process?
All applicants for a Michigan salesperson license must fulfill the following requirements:
- Be at least 18 years old
- Proof of High School Graduation
- Be lawfully present and eligible to work in the U.S
Do you offer any classroom Michigan real estate pre-licensing courses?
No. We only offer the salesperson pre-license courses online. We do not offer any classroom pre-licensing courses to obtain your Michigan real estate license. We find that most students prefer to complete their education on their computer, smartphone, or tablet.
Do you provide me with a certificate of completion when I finish the Michigan pre-licensing course?
Yes, once you complete the course online you will be able to immediately print your certificate.
How long do I have to complete my Michigan real estate license course?
You have lifetime access to your pre license courses.
Are you approved by the Michigan Real Estate Commission?
Yes. Our school is approved by the Michigan Real Estate Commission to offer the 40 hours of real estate pre license course. You can view our approval letter here.
After I complete my pre-licensing course, do I send my Michigan real estate salesperson application to you?
No. You will send in your license application to the Michigan Real Estate Commission. The application will have instructions on how to apply for your license. See the Michigan Real Estate Commission website for more information.
What is the Pass Guarantee?
Our Pass Guarantee is your assurance that if you do not pass your real estate licensing exam on your first attempt after completing our Exam Prep Bonus Material, you will be reimbursed for the cost of your exam. See our policies for more information.
What are the e-Books included in the course?
The 2 e-books included are Principles of Real Estate Practice and the Real Estate Math Handbook. Principles of Real Estate Practice is a modern learning tool for the student preparing to enter the real estate business as a licensed professional. It contains the essentials of real estate law, principles, and practices taught in real estate schools and colleges across the country, including all those fundamentals that real estate educators, practicing professionals, national testing services, and state licensing officials agree are necessary for basic competence. Principles of Real Estate Practice is tailored to the needs of the pre-license student. It is designed to: make it easy for students to learn the material; prepare students for numerous career applications; stress practical rather than theoretical, skills and knowledge. The Real Estate Math Handbook gives solutions to the most common math problems faced by real estate professionals.