Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Montana or anyone looking to become a real estate agent or realtor in Montana. 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 Montana Department of Labor & Industry ' Business Standards Division ' Board of Realty Regulation handles the licensing of all real estate
agents in Montana.
The requirements for a real
estate salesperson license in Montana include being at least 18 years of age and
having at least completed the 10th grade from an accredited high school or
equivalent. Applicants need to successfully complete 60 hours of approved pre-licensing
educational courses within the previous 24 months, and pass the Montana real estate
exams with a score of 80% or better on the national portion, and 70% or better on the
state portion.
The applicant will also be required to Copy of AMP test results completed &
passed within the last 12 months, and provide a 2x2 photo. Under some circumstances
the Board may approve waiver of all or part of the required pre-licensing education and/or
examination. The license application fee is $122.50, and includes a one time $35.00
Recovery Account Fee.
The requirements for a real estate
broker license in Montana include being 18 years of age and having a high school
diploma or GED and successfully completing at least 60-hours of approved additional
pre-licensing courses. The license application fee is $135, and includes a one time $35.00
Recovery Account Fee.
Applicants for the broker license need to have actively held a real estate salesperson
license for two years. Within three years of applying for the broker license, the
applicant needs to provide proof of a minimum 30 residential real estate transactions,
or a minimum of 10 commercial, agricultural or farm/ranch real estate transactions.
After completing the educational requirements, the applicant needs to pass the
Montana real estate exams with a score of 80% or better. Under some circumstances the
Board may approve waiver of all or part of either the pre-licensing education or the
examination.
Both real estate brokers and salespersons are required to successfully complete 12
hours of approved continuing education courses annually.
There are three approved schools for real estate agent prelicensing. The applicant
can find both classroom courses and distance education provided.
The real estate examinations in Montana are handled by the AMP Testing Center and exam
fees are paid directly to AMP.
The renewal fee for a real estate salesperson is $87.50. The annual license
expires on October 31. Renewal of real estate agent licenses can be conveniently be
done online.
The fee is the same whether the license is current or expired, active
or inactive.
The renewal fee a broker licenses $100, and the annual license expires on October 31.
The fee is the same whether the license is current or expired, active or
inactive. Applicants pay a one-time Recovery Fee if not currently licensed in
Montana.
Montana has a reciprocity agreement with Alberta, Canada.
Real estate careers are enriched by membership in the many organizations that
provide services for the professional agent. Those holding a real estate license usually
join organizations like the Montana 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.
We also offer information and resources for Montana Commercial
Mortgage
Montana Real Estate Forms
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Montana Reciprocity States
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- Most real estate forms can be obtained online. Ones
listed below pertain to new salespersons and brokers.
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(as of 3/1/2010)
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Montana Approved Real Estate Schools Prelicensing and Postlicensing Education
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Community Colleges
Flathead Valley
Community College
MCPS Adult & Continuing Education Div.
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Private Schools
Twilite Technology Center, L.L.C. (Great Falls)
America's Best (Distance) http://www.americas-best.net
Cooke Real Estate School - http://www.cookemt.com
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Last Update: 3/1/2010
This list may not include all approved schools. Please visit the website of the Board of Realty Regulation for the latest list of approved real estate
schools, for both Salespersons,
and Brokers. |