Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Wyoming or anyone looking to become a real estate agent or realtor in Wyoming. 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
Wyoming Real Estate
Commission, under the Wyoming Secretary of State, administers the Real Estate
license Law of 1971 from its home office in Cheyenne, Wyoming.
The requirements for a
real estate salesperson license in Wyoming include being sponsored by a Wyoming licensed real estate broker who will supervise and train the salesperson. The applicant needs to successfully complete at least 30 class hours of approved real estate education courses and then must successfully pass the salesperson real estate examinations.
The requirements for a
real estate broker license in Wyoming include having at least two years of active
experience as a real estate salesperson, or furnishing proof indicating holding a degree in real estate from an
accredited university or college. In most cases, but not all, applicants for the real estate broker license must
not have had a real estate license refused or revoked in any state, or been convicted of any felony. Broker applicants
need to have successfully completed at least 60 hours of approved prelicensure education courses and need to
successfully pass the broker real estate examinations.
All real estate applicants need to have reached the age of majority, and must provide proof that they bear a
good reputation for honesty, trustworthiness, integrity and have the competence to transact business as a licensed agent.
Once licensed, all real estate agents need to successfully complete 45 hours of
continuing education
courses during every three-year renewal period. Twenty-four of these hours are courses that need to be repeated
during every three year period.
Wyoming real estate licenses are issued for a three-year period. Agents are given a 60-day grace period in which
to renew their licenses, and there is a fee for late renewal.
Wyoming has either full or partial
reciprocity agreements with nineteen states. In most cases, applicants
from other states need to fulfill the regular licensing education and examination requirements. All non-resident applicants
pay the same fees as resident real estate agents.
You can locate Wyoming real estate
forms from the commission's
main website.
Real estate careers are strengthened by membership in the many organizations
that provide services for the professional agent. Organizations like the
Wyoming
Association of Realtors and the National Association of Real Estate Brokers
(
NAREB) assist many in locating
real estate jobs within the industry. The Association of Real Estate License
Law Officials (
ARELLO) and
The National Association of Realtors (
NAR),
the world's largest professional association, are excellent resources for real
estate education and professional enrichment.
We also offer information and resources for Wyoming Commercial Mortgage