Indiana Real Estate License Requirements
How to Become a Real Estate Agent in Indiana
Quick Overview:
You’ll need to be 18 years of age and hold a high school diploma or GED.
- Complete 90 Hours of Required Education
- Pass the Course Final Exam
- Pass the Indiana Real Estate Exam
- Find a Sponsoring Broker
- Complete Your Application
How to Get a Real Estate License in Indiana
The Indiana Real Estate Commission requires all potential agents to complete the following steps in order to become a licensed real estate agent in the Hoosier State. Follow the steps below to get started with your real estate career.
1. Complete Approved 90-hour Indiana Real Estate Pre-Licensing Education
Successfully complete the required 90 clock-hour Pre-Licensing course. There are several different Indiana real estate schools, many offer online classes as well as learning in-person coursework. Some Indiana real estate schools have an option for a Free Trial that can help determine if real estate courses are right for you.
2. Pass Your Indiana Pre-Licensing Course Final Exam
After completing all the training/course materials and passing the practice exam, there is a course final exam. The passing score is at least 75%. This final must be taken in the presence of a proctor, and you’ll need to schedule an appointment in advance. Find out more about our
online proctoring process here.
3. Pass the Indiana Real Estate Broker Exam
A national agency called PSI administers the Indiana Real Estate Exam questions. This test is taken under the supervision of a proctor. The state portion of this exam consists of 50 questions with a 90-minute time allowance and the national portion consists of 75 questions with a 150-minute time allowance. For more details & information, see the PSI candidate exam information here.
If you need help passing the Indiana Real Estate Exam, there are several options out there to assist you. Many
comprehensive Exam Prep tools are tailored specifically to Indiana and can give you a much greater chance to pass the exam.
4. Find a Sponsoring Broker
Once you pass your licensing exam, you must become associated with a current and active Indiana sponsoring Broker. This Broker will be a career and education mentor providing you with an inside view into the day-to-day operations of a real estate agent. Until you find a sponsoring Broker, your license will be placed in an “unassigned” status.
5. Complete the Application
After completing your Indiana Broker exam, you will need to apply for your Indiana real estate license with the Indiana Real Estate Commission.
Quick Facts:
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You can use the Indiana Real Estate Agent License Lookup Tool to verify an agent’s license status
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Check out the candidate information provided by PSI for the Indiana state exam
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You do have the ability to submit your license application online.
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Here is a list of the Indiana-approved education providers.
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The Indiana Professional Licensing Agency adheres to these Licensure Laws and Administrative Rules.
Common Questions About Getting Your Indiana Real Estate License
1. How much does it cost to get your real estate license in Indiana?
The cost of an agent license in IN can vary considerably depending on the price of your Indiana real estate classes and different types of fees for your licensing, etc. An individual can typically expect to pay $632-$952 to get an active Indiana real estate license.
Average Course Tuition | $519-$839 |
Exam Fee | $53 |
Application Fee | $60 |
Total | $632-$952 |
2. How long does it take to get a real estate license in Indiana?
The specific amount of time to complete your 90 hours of licensing can vary depending on how long each task takes you and how long you take to complete Pre-Licensing courses. Different credit hours and requirements of each brokerage will affect each Salesperson differently.
Student Learning Pace | Time Period |
---|---|
Full-Time Student (40 hours a week) | 2.25 weeks |
20 Hours a Week | 4.5 weeks |
10 Hours a Week | 9 weeks |
5 Hours a Week | 18 weeks |
3. If I get a real estate license in Indiana, where else can I work?
If you get a real estate license in Indiana, you are automatically eligible to work in states that offer full reciprocity. States that offer full reciprocity will recognize your Indiana license, meaning you can work in their state after fulfilling significantly less requirements. Typically, this means passing the state-specific real estate exam or taking a state-specific course. States with full reciprocity include:
- Alabama
- Colorado
- Delaware
- Georgia
- Florida
- Kansas
- Kentucky
- Maine
- Mississippi
- Missouri
- Virginia
- Washington
The above list is not comprehensive. Please refer to
this guide for more information on reciprocity.
4. How much money can I make as an Indiana real estate agent?
According to Indeed.com, the average salary for an Indiana real estate agent is $98,959. This is 5% lower than the national average.
Indiana Real Estate Post-Licensing Requirements
Indiana real estate Post-Licensing Education requirements are that you
complete 30 hours of Post-Licensing education courses within the first two years of receiving your real estate license. You will need to make sure that you are getting these courses through a PLA-approved education provider.
Indiana Real Estate Continuing Education Requirements
All licensed agents are required to continue receiving real estate education throughout their career.
This requirement is 12 hours per year of approved Continuing Education courses, for a total of 36 hours every three years.