How Do You Become A Real Estate Agent In Michigan?

(EMAILWIRE.COM, May 23, 2007 ) Livonia, MI -- This press release will help anyone looking for information pertaining to a real estate license in the state of Michigan or anyone looking to become a real estate agent or realtor in Michigan. Contents of this press release may include information on real estate education, schools, mentoring, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and specialized real estate math training.Ralph Maupin, National Real Estate Trainer and 20 year real estate veteran, said “The thing that I love about the Michigan Institute of Real Estate and their founder Namir George is that they make getting your real estate license easy. Out of all of my years of attending real estate seminars, courses, and classes, Namir George has been my favorite because he can deliver the material in such a fun and simple way. He is the only real estate instructor that I’ve seen where absolutely nobody falls asleep in class!”Michigan Department of Labor & Economic Growth officially took over the supervision of the Michigan State Board of Real Estate Brokers and Salespersons on December 8, 2003. There is an estimated 38,500 real estate salespersons, 9,200 associate real estate brokers and 11,500 real estate brokers in the state of Michigan. The state of Michigan’s requirements for a real estate salesperson license in Michigan includes being at least 18 years of age. People who are applying are required to complete 40 hours of approved prelicense classes before taking the PSI state examination. PSI has recently taken over all state exam real estate testing since AMP testing. Once someone has received their real estate license, six (6) hours of continuing education must be completed yearly. 80 year old Real Estate Broker Ken Nickell said “I really enjoyed attending the Michigan Institute of Real Estate’s continuing education course with Namir George because he made all of the information discussed during the seminar extremely simple to understand. He made everything very clear and to the point. Being a senior, I’m very cost conscious. I spent time investigating real estate schools and their costs for my agents and found that Namir George’s school to be the best value of all surrounding schools looked at.” During the three year license renewal period, 18 hours of continuing education will have been completed. No previous experience is required to apply for the Michigan salesperson license. If you have received your real estate license in another state and plan to continue your real estate career in the state of Michigan, a letter of good standing is required. For more information on state licensing information or to reach a real estate license school contact the Michigan Institute of Real Estate toll free (800) 861-7325.In order to become a real estate broker in Michigan, you must be at least 18 years of age with at least three years full time experience as a real estate salesperson, or the equivalent experience. Roy Frank, associate broker of Budget Realty LLC, said “The thing that impressed me most about the Michigan Institute of Real Estate was that I had multiple locations to choose from. I worked in Oakland County, Michigan, but I had the freedom to go to a real estate class in Genesse County, MI. Namir was great because he applied all information learned in class to real life situations which made it easy to remember.” The Michigan Institute of Real Estate holds classes in Grand Blanc, Livonia, and Southfield. Candidates for real estate broker licenses need to complete 90 hours of approved real estate education courses within 36 months of applying for their license. Once licensed, 6 hours of continuing education a.k.a “6 hour con ed” needs to be completed each year by the licensee. Therefore, during the regular three-year renewal period the licensee will need 18 hours of class time. It is possible to be licensed as an individual broker, which signifies operating as a sole proprietorship, or as an associate broker who qualifies as a broker but is licensed to work under another broker. For more information about what some may call “con ed”, Michigan Real Estate Continuing Education, visit http://www.michigan.gov. All licensee hopefuls must meet the full Michigan requirements. The Michigan Institute of Real Estate is an approved continuing education school which has real estate continuing education courses in more than 15 locations. The Michigan Institute of Real Estate also offers home study and online courses that will satisfy the yearly 6 hour continuing education requirement for the state of Michigan. Visit http://www.michiganeducation.org for more details or call (800) 861-7325.The real estate examinations are administered electronically by PSI. For more information on where to take your Michigan state exam, visit http://www.PSIexams.com. The 3-year license fee for a new broker or associate broker is $143.00 and for a salesperson is $88.00. The renewal fee for a broker or associate broker is $108.00 and for a salesperson the fee is $78.00. For the most up to date license pricing contact the Michigan Institute of Real Estate at http://www.MichiganEducation.org or call (800) 861-7325.Both real estate broker licenses and salesperson licenses expire on October 31st. They are valid for a three-year period. An agent may renew their Real Estate license between November 1 and December 30 by paying a late penalty in addition to the regular renewal fee. They may not legally practice until the fees are paid and continuing education course hours are completed. The following websites are great resources to help your real estate career: Michigan Association of Realtors, the National Association of Real Estate Brokers (http://www.nareb.com) (NAREB), and the Association of Real Estate License Law Officials (http://www.arello.org) (ARELLO). The National Association of Realtors (http://www.realtor.org) (NAR), the world’s largest professional association, assists many in locating real estate jobs within the industry. To get more information on Real Estate Investing and Real Estate Clubs visit http://www.megaeveningevent.com. The organizations listed above are also great resources for networking and real estate education. For more information to further assist you, visit the Michigan Institute of Real Estate’s website at http://www.MichiganEducation.org or call toll free at (800) 861-7325. The Michigan Institute of Real Estate offers the following classes and training:• 40 hour Pre-Licensing Course • 6 hour Continuing Education • Training for Success (post licensing training)• Real Estate Math• Builders Math• Builders Courses• Broker Test Preparation Course • Broker Real Estate Law • Broker Appraisal Concepts • Appraisal Concepts One • Appraisal Concepts Two • National Uniform Standards of Professional Appraisal Practice • Appraisal Continuing Education For more information contact http://www.MichiganEducation.org or call (800) 861-7325.###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.

National Real Estate Netroit, LLC
National Real Estate Network

kngeorge@oakland.edu