Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Indiana or anyone looking to become a real estate agent or realtor in Indiana. 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 Indiana Real Estate
Commission is one of the 39 agencies that the Indiana Professional Licensing
Agency (PLA) oversees
effective July 1, 2005. A Compilation of the Licensure Laws can be read online.
The requirements for a real estate salesperson license in Indiana include being at
least 18 years of age and not having a conviction for any crime that would indicate the
propensity to endanger the public. The applicant needs to take the prescribed 54-hour
prelicensure courses. The applicant then must successfully pass the real estate exam
within one year from completion of the courses. Salesperson applicants need to apply for
their license within 120 days of passing the exam and pay the $35 license fee. The
biannual renewal fee is also $35.
For a list of pre-licensing education providers, click here.
The requirements for a real estate broker license in Indiana include being at least 18
years of age and not having any convictions for acts or crimes that indicate untrustworthy
behavior. The applicant needs to have active experience as a real estate salesperson for
at least one year. Applicants can actually take the exam earlier, but they cannot be
licensed until the year is up. Broker applicants are required to be a resident in Indiana.
The license fee for a broker if $60 and the biannual renewal fee is also $60
All real estate licensees must take 16 hours of continuing education courses during the
two-year license period. Six of the courses are mandatory and the rest are real estate
Indiana currently has reciprocity
agreements with 14 other states.
The real estate examinations are given electronically by ASI, an approved testing
facility, and the examination fees are paid directly to ASI.
Real estate licenses are renewed every two years in Indiana, whether they are active or
inactive. Salesperson licenses expire on December 31st of odd numbered years, and broker
licenses expire on December 31st of even numbered years. When a licensee has not taken the
required continuing education courses their license is held on an inactive basis as long
as they pay the renewal fee. To activate an inactive license one needs to pay a $10 fee
and file the required form.
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 Indiana
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.
Indiana Real Estate Forms
Indiana Reciprocity States
(as of 2/23/2010)
Indiana Approved Real Estate Schools Prelicensing and Postlicensing
Purdue University North Central
WestvilleIndiana State University
University Of Evansville
Center For Continuing Education
Best Real Estate Pros.com (Indianapolis)
Center For Real Estate Education And Research (RECP) (Bloomington)
Century 21 School of Real Estate (Crown Point)
Education Resources (Indianapolis)
Indiana Center for Real Estate Education (Angola)
Sycamore School of Real Estate (Terre Haute)
Tucker School of Real Estate (Indianapolis)
|Last Update: 3/1/2010
This list may not include all approved schools. Please visit the Indiana Real Estate Commission website for the
latest list of approved real estate schools.