Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Iowa or anyone looking to become a real estate agent or realtor in Iowa. 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 State of Iowa's Professional Licensing Division (IPLD) was created in 1986 to oversee the approximately 32,000
licensees of various occupations within the state. Under the jurisdiction of the IPLD, the
Real Estate Commission regulates and administers the real estate laws in Iowa
and has the authority to promulgate rules and regulations for the industry. Their main aim
is to protect the public. Their office is in Ankeny, Iowa.
The requirements for a real estate salesperson license in Iowa include being at least
18 years of age when applying for the license. The applicant may take the examination
before then, but may not apply until age 18. However, the application for the license
needs to be made within six months of passing the exam. Applicants are not eligible for a
license if they have been rejected for licensure in any state within twelve months prior
Salesperson applicants must successfully complete an approved 36-hour prelicense course
during the 12 months prior to taking the exam. The 36 hours is to consist of 12 hours of
Buying Practices, 12 hours of Listing Practices, 12 hours Developing Professionalism and
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All salesperson applicants need to have a sponsoring broker; they may not file as
inactive. A thorough background check must be submitted before applying for the
New salesperson applicants need to provide fingerprint cards from a local sheriff's
office or police department and pay their fee, and also sign a waiver for a background
check. The Commission's fee for processing these is $46. It takes approximately eight to
ten weeks to process the fingerprints. The report, once obtained, is only valid for 90
The examination fee for a salesperson is $92. After passing the examination, the
applicant needs to apply for the license and pay the license fee of $125. They also must
provide proof of having Errors & Omissions Insurance.
The requirements for a real estate broker license in Iowa include being at least 18
years of age when applying for the license. Applicants are not eligible for a license if
they have been rejected for licensure in any state within twelve months prior to applying.
The broker applicant needs to have been actively engaged in real estate for at least 24
months preceding the date of the application, or have an approved equivalent experience.
Applicants need to successfully complete at least 60 hours of approved classroom hours
of real estate education during the 24 months prior to taking the exam. These hours are in
addition to the hours taken for the salesperson license.
The broker applicant also needs to provide a completed background check before applying
for the license, and proof of having Errors & Omissions Insurance is required. The
application must be applied for within six months of having successfully completed the
real estate exams. Nonresident brokers from another state which has an examination
equivalent to Iowa's may be able to waive the examination.
The approved Real Estate Schools for prelicensure,
continuing education, and post-licensing are located throughout the state. They provide
classroom courses in addition to computer and internet courses. Some of the prelicensure
courses may be taken online. For continuing education, a maximum of 18 of the required 36
hours may be taken by correspondence/home study.
There are two pages where you can find Iowa real estate forms. Click here
for the License Application Index, and here
for the general forms index.
Iowa has reciprocity
agreements with eleven other states, and they are: AL, AR, GA, LA, MA, MN,
MS, NC, ND, TN, and WV.
The fee for a real estate salesperson license is $125.00 and for a broker the fee is
$170.00. Licenses are valid for a three year period and continuing education courses are
required for renewal.
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 Iowa 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.
Iowa Real Estate Forms
Iowa Reciprocity States
- Most real estate forms can be obtained online.
Ones listed below pertain to new salespersons and brokers.
- North Carolina
- North Dakota
- West Virginia
(as of 2/23/2010)
Iowa Approved Real Estate Schools Prelicensing and Postlicensing
Des Moines area Community College
Indian Hills Community College
Iowa Valley Community College
Kirkwood Community College
Northeast Community College
Northeast Iowa Community College
Ames Board of Realtors (Ames)
Burlington Board of Realtors (Burlington)
Dubuque Board of Realtors (Dubuque)
Iowa Real Estate School of Iowa City (Iowa City)
Iowa Real Estate Seminars (Waterloo)
Key Real Estate School (Council Bluffs)
Quad City area Realtor Association (Bettendorf)
|Last Update: 3/1/2010
This list may not include all approved schools. Please visit the Iowa
Real Estate Commission website for the latest list of approved real estate