I have been a real estate broker or salesperson for 8 years in another state and I am moving to Michigan. Will my license transfer?
No. There is no reciprocity between Michigan and any other state. That means you will need to meet the Michigan requirements for licensing, which are:
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Broker
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Salesperson
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Ninety clock hours of approved educaiton (see
BCS/LRE-012
to view approved college courses/degrees education credit list).
List of Approved Real Estate Schools
.
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Pass the Michigan broker license exam. More information is available at
Examinations
. If you have specific questions about your qualifications, contact the Department at (517) 241-9288.
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When applying for your license, you will need to document three years of full time experience in real estate. Use form
BCS/LRE-011
for experience gained while licensed. Or, if using relevant, related occupational experience, use forms
BCS/LRE-031 & LRE-032
.
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40 clock hours of approved education. See
List of Approved Real Estate Schools
.
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Pass the Michigan salesperson license exam; more information is available at
Examinations
.
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Can I also be a mortgage broker?
Your real estate license will not qualify you to be a residential mortgage broker. Acting as a mortgage broker on residential properties of four units or less (or land which is being developed for such a use) -- requires a license under the Mortgage Brokers, Lenders and Servicers Licensing Act, with the Office of Financial and Insurance Services, Consumer Finance Division, P.O. Box 30224, Lansing, MI 48909 (517) 373-3470. If you are brokering mortgages on other property, such as commercial property or residential properties of more than four units, you must be licensed as a real estate broker. Please see Rule 321 about accepting fees for mortgage brokerage activities, if you also obtain a mortgage broker license or work for a mortgage company.
I'm applying for a salesperson license. Will I be able to have my license issued to a corporation I form?
Rule 201(3) states that associate broker and salesperson licenses shall only be issued to individuals. Further, since a broker cannot pay a commission to an unlicensed entity, your employing broker could not make payment your unlicensed corporation.
When I leave a message asking for a status check on my licensing application, I never know what information to leave. What information do I need to give you to get a faster response?
Please leave your full name. If you are applying for licensure for the first time, provide your social security number. Include your 10-digit license identification number and your broker's name if you are a salesperson or associate broker. And, of course, don't forget your telephone number and if you can be contacted by e-mail, include your e-mail address and/or mailing address.