REAL
ESTATE TRAINING SERVICES
Get the answers to these FREQUENTLY
ASKED QUESTIONS:

1. How does one obtain an Indiana real estate license?
- The requirements for a Salesperson license are as follow:
- be at least 18 years old
- successfully complete an "approved"
54 hour educational course or have
successfully completed courses in principles, practices and real
estate law
totaling 8 semester credit hours at an accredited college or
university
- achieve a passing score on the State
examination
- make application for a license not
later than 120 days after passing the
examination
- pay the license fee of $35
- have no conviction for a crime that
has a direct bearing on the individual's ability
to practice competently
- To obtain a Broker license the following must be met:
- be at least 18 years old
- have one year of continuous active
experience as a licensed Salesperson
immediately preceding application or prove equivalent experience
- successfully complete an "approved"
54 hour educational course or have
successfully completed courses in principles, practices and real
estate law
totaling 8 semester credit hours at an accredited college or
university
- achieve a passing score on the State
examination
- make application for a license not
later than 120 days after passing the
examination
- pay the license fee of $60
- have no conviction for a crime that
has a direct bearing on the individual's
ability to practice competently
2. How long does it take to get a real estate license?
- Current Indiana law requires 54 hours
of classroom instruction. We've found that a schedule of meeting
twice weekly for 3 hours at each meeting, in the evening, or
a schedule with two evenings and a Saturday morning each week
to be the most effective and convenient for the majority of students.
With these schedules of meetings, the courses then would cover
a period of either 9 weeks or 6 weeks.
-
3. I have been out school for some time, what are my chances of
success in the course?
- Well, lets put it this way, there's
an old saying that goes something like this..."You only
get out what you put in".
There is much truth to that statement, especially as it may apply
to studying real estate.
At Real Estate Training Services,
we are committed to excellence in training. Our continuous goal
is
to provide the very best instruction while taking a personal
interest in the progress of each of our students.
- Without question, you must diligently
complete all reading and other assignments, listen attentively
to the in-class lecture and discussion and ask questions when
something is unclear. With this combination of both our combined
efforts, your chances for success couldn't be better!
-
-
4. What is the cost of the course and will I need to provide anything
additionally?
- The complete cost of the Salesperson
course, which includes all textbooks, binder/outline for in-class
note taking, state license law booklet and course review book,
is $375. The complete cost of the Broker course, including all
study material etc., is $395. Payment may be made by Visa, Mastercard,
or personal check. Tuition must be received before the start
of the class in order to assure your seat in the class.
- Since all the study materials you'll
need are included in the course, the only "extra" you'll
need to provide would be a simple battery operated calculator.

5. How often is the state licensing examination given and
where?
- Once you've completed your educational
requirement of 54 classroom hours and passed the course, you
may arrange to take the state examination any day Tuesday through
Saturday in various convenient locations around the state. Two
daily sessions, one morning and the other in the afternoon, are
available to take the examination.

6. Is there a cost associated with taking the State license
examination?
- Promissor is the duly appointed agent for the Indiana
Real Estate Commission in administering the license examination.
There is an examination fee of $59.00. Reserving a test date
and making payment for the examination can be accomplished "online".
Details of this process will be provided to you in the course.

7. Once I receive my license, can I establish my own brokerage
agency?
- Indiana license law establishes two
levels of licensing, one of a Salesperson the other a
Broker. One holding a Salesperson license can only act under
the auspices of a principal Broker and is not permitted to perform
independently. On the other hand, one holding a Broker license
is permitted to establish a brokerage, operate independently,
employ licensed Salespersons and perform all the functions necessary
in marketing the property of a client.

| Home | CE Requirements
| Prelicensing | School |