Iowa State Requirements
Iowa Real Estate Commission
6200 Park Ave
Des Moines, IA 50321
Phone: 515.725.9022
Email: RealEstatecommission@iowa.gov
Website: plb.iowa.gov/board/real-estate-sales-brokers
Real Estate Salesperson Licensing Requirements
- Be 18 years of age
- Complete the 60-hour prelicense course during the 12 months prior to taking the examination
- In addition to the 60 hours, all persons applying for a license must show evidence that they have completed the following three courses:
- 12 hours—Buying Practices
- 12 hours—Listing Practices
- 12 hours—Developing Professionalism and Ethical Practices
- 12 hours—Buying Practices
- In person or virtual via a live camera
- In addition to the 60 hours, all persons applying for a license must show evidence that they have completed the following three courses:
- Schedule the Iowa Salesperson Licensing Exam with PSI, and pass both state and national portions of the exam
- Undergo a background check, which is only valid for 120 days
- Be sponsored by a broker before applying for the license
- Obtain errors and omissions insurance
- Complete and submit the Iowa Real Estate Commission Application for individual licensure with sponsoring broker signature
- Be sponsored by a Broker
- Passing score report from the testing service (pass notice)
- You must have your signature notarized on the license application
- No later than the last working day of the sixth calendar month following the qualifying real estate examination.
- Completed application must be received within 210 calendar days of the completion of the criminal history check.
Broker Licensing Education Requirements
- Must have 24 months of active salesperson
- Beginning January 1, 2020, 60 hours of broker pre-license education within 24 months preceding the passing of examinations, shall include the following subjects
- Contract Law and Contract Writing - 6 hours
- Iowa Real Estate Trust Accounts- 6 hours
- Principles of Appraising and Market Analysis- 6 hours
- Real Estate Law and Agency Law- 6 hours
- Real Estate Finance- 6 hours
- Federal and State Laws Affecting Iowa Practice- 6 hours
- Real Estate Office Organization, Administration and Human Resources- 12 hours
- Real Estate Technology and Data Security- 6 hours
- Ethics and Safety Issues for Broker- 6 hours
- Pass the State and national portions of the examination
- Undergo a background check- only valid for 120 days
- Provide verification of current errors and omissions insurance
- Include current salesperson wall license with application
- Brokers who have never renewed as a salesperson must provide documentation of attendance of the following three courses: 12 hours Buying Practices, 12 hours Listing Practices, and 12 hours Developing Professionalism and Ethical Practices.
Real Estate Salesperson Continuing Education Requirements
- Complete the required 36 hours of CE during every three-year renewal cycle
- 8 hours Law Update
- 4 hours Ethics
- 24 hours Commission Approved Electives
- Must be completed by December 31 of the expiration year
- Only 24 hours can be completed via distance education
- 12 hours of ce must be taken via live instructions
Broker Continuing Education Requirements
- Complete the required 36 hours of CE during every three-year renewal cycle
- 8 hours Law Update
- 4 hours Ethics
- 24 hours Commission Approved Electives
- Must be completed by December 31 of the expiration year
- The 36 hours must include four hours of mandated ethics and eight hours of legal update
- Only 24 hours can be completed via distance education
Exam Information
- Testing provider PSI https://www.psiexams.com/ or call PSI at 855-898-0712
- Candidate Bulletin