Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Idaho or anyone looking to become a real estate agent or realtor in Idaho. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The Idaho Real Estate Commission administers all aspects of the
real estate law in the state. The commission oversees 11,300 licenses. The office of
the Commission is in Boise.
The requirements for a real estate salesperson
license in Idaho include being at least 18 years of age and having a high school diploma
or GED. Applicants need to successfully complete 90 hours of approved prelicensure education courses
and successfully pass both the Idaho and National (general) salesperson real estate
examinations.
The requirements for a real estate broker license in
Idaho include being at least 18 years of age and having a high school diploma or GED.
Applicants for the broker license need to provide proof of two years active experience as
a real estate salesperson during the preceding five years.
This proof will include, among other things, the number of completed sales and
listings that the salesperson accomplished during the two year period. Out of state
applicants will need a current (less than 6 months old) certified license history from
your primary state of licensure to apply for an Idaho exam waiver
The real estate broker the salesperson worked under needs to provide a certified
statement regarding the activity of the salesperson. Broker applicants need to
successfully complete 90 hours of the broker prelicensure education
courses, and successfully pass the state and national broker real estate examinations.
Idaho brokers must have a physical business location within the state and a business name.
The business name may be the broker's personal name.
Many of the Idaho real estate forms may be accessed online.
All licensed Idaho real estate agents need to provide both fingerprints and the
approval for a criminal activity investigation, and they must successfully complete 16
hours of continuing education courses during each renewal term of their license. When
Idaho real estate salespersons apply for a real estate broker license they need to provide
a new set of fingerprints and undergo a new criminal activity investigation. Out of
state applicants will need a certified license history from your primary state of
licensure to apply for an Idaho exam waiver
Errors and Omission Insurance
is mandatory for all real estate agents doing business in Idaho. Applicants must not have
had a license revoked, suspended, surrendered, or renewal refused within the preceding
five years, and must not have been convicted of a crime or completed confinement with the
preceding five years.
The original license fee for new licensees is based on one year plus the number of
months until the agent's birth date. The licenses are renewed for a two year period and
expire on the agent's birthday. License fees are $160.00 per year maximum, with a $25.00
fee for renewing late.
The only education requirement after licensure is the CE requirement every
renewal period (16 hours of electives plus one (1) Core course).
Idaho Real Estate Commission contracts with Pearson VUE (formerly Promissor,
Inc.) to administer the license Idaho real estate exams, and the fees
for exams are $75.
Idaho has reciprocity with three other states: Wyoming, Oregon and Montana. Real estate
agents from other states can apply for an Idaho license with a varying number of
requirements for education and experience.
You can locate the approved real estate education providers online. After
clicking here look for the
“Find a Provider” tab. Once there, you can search by either provider name,
or city. There is also an Education
FAQ that has answers to lots of questions.
Real estate careers are strengthened by membership in the many organizations that
provide services for the professional agent. Those holding a real estate license usually
join organizations like the Idaho Association of Realtors
the National Association of Real Estate Brokers (NAREB), and the Association of
Real Estate License Law Officials (ARELLO). The National
Association of Realtors (NAR), the world's largest
professional association, assists many in locating real estate jobs within the industry.
These organizations are also excellent resources of real estate education.
Idaho Real Estate Forms
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Idaho Reciprocity States
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(as of 2/23/2010)
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Idaho Approved Real Estate Schools Prelicensing and Postlicensing
Education
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Community Colleges
Boise State University WFT
Eastern Idaho Technical College
Lewis-Clark State College
North Idaho College
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Private Schools
Ada County Association of Realtors (Boise)
Capital Concepts, Inc (Lewiston)
Idaho (Pioneer Real Estate School (Boise)
Idaho Falls Real Estate School (Idaho Falls)
ISU Workforce Training (Pocatello)
Odyssey Real Estate School (Twin Falls)
Professional Real Estate School (Pocatello)
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Last Update: 3/1/2010
This list may not include all approved schools. Please visit the website of the Idaho Real Estate Commission for the latest list of approved real estate schools. |