Getting Your Real Estate License in Iowa

If you are interested in getting a real estate license in Iowa, you must follow these guidelines.

1. Eligibility for Getting Your Real Estate Salesperson License in Iowa

  • Must be 18 years of age or older to be licensed.
  • Must be sponsored by a broker
  • Having successfully completed the 60-hour pre-license course from an approved provider.
  • Having successfully passed the state and national portions of the examination.
  • Having passed an investigation of criminal history and background investigation.
  • Having a proof of Errors & Omissions Insurance.

2. Eligibility for Getting Your Real Estate Broker License in Iowa

  • Must be 18 years of age or older to be licensed.
  • Having a 24-month experience of an active salesperson experience and having completed 72-hour broker pre-license education within the preceding 24 months.
  • Having successfully passed the state and national portions of the examination.
  • Having passed an investigation of criminal history and background investigation.
  • Having a proof of Errors & Omissions Insurance.
  • Broker applicants who have never renewed as a salesperson must provide documentation of attendance of the following courses:
    • 12 hours buying practices
    • 12 hours listing practices
    • 12 hours developing professionalism and ethical practices

3. Cost of Taking a Real Estate Exam in Iowa

The fee for both salesperson and broker examination is $100.

4. Taking the Real Estate Exam in Iowa

The Iowa Real Estate Commission employs PSI licensure: certification (PSI) to conduct Real Estate Exams in Iowa. Applicants must make an appointment with PSI. Call them at 800-733-9267, or visit their website, www.psiexams.com.

Applicants must obtain at least 70% on both portions of the exam in order to be eligible for a license.

5. Obtaining the Real Estate License in Iowa

Applicants will be given a license application at the testing center upon successful completion of both sections of the exam. Applicants must submit their application and documentation within 6 months of passing the exam. The application fee is $60. The fee for a real estate salesperson license in Iowa is $125.00 and for a broker the fee is $170.00.

 

 

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