Interested in trying your hand at real estate?
Don’t know where to begin?
We’re here to help!
First things first, you need to obtain a real estate license. Just like you can’t drive without a driver’s license, you can’t practice real estate without a real estate license.
In this article, I’ll tell you how to get a real estate license online in Wisconsin. We’ll go through all the steps for you, recommending schools and giving you notes along the way.
By the end, you’ll know all the requirements needed for a real estate license in Wisconsin.
So shall we?
Real Estate License Qualifications in Wisconsin
To qualify for a real estate license in Wisconsin, you have to be able to check all these boxes:
You must be at least 18 years old.
You are a US citizen or an alien who is authorized to work in the country
You have earned a high school diploma or an equivalent (GED).
Yes, that’s it!
The 4 Steps to Getting a Real Estate License Online in Wisconsin
As for the requirements, you must complete these 4 steps:
Complete a real estate pre-licensing course
Pass the Wisconsin real estate exam
Find a sponsoring broker
Submit your license application
Let’s discuss each step in detail.
1. Complete a real estate pre-licensing course
The state of Wisconsin requires all new real estate license applicants to complete 72 hours of real estate pre-licensing courses at an approved school or organization.
Course topics include real estate business, contracts, valuation, Wisconsin laws, etc...
Upon finishing the course, you need to pass a course exam before you receive your completion certificate.
The good news is that the state allows you to take the mandatory pre-licensing course through an online school. You no longer have to leave home and sit in class for hours!
A good online real estate school we highly recommend is MBitionToLearn.
MBition is a top pick for those who want to have a solid foundation on real estate topics. Its online courses provide a broad introduction to the aspects of the industry and then dive deeper into the lessons as you progress through the coursework.
It also allows you to learn more about other subjects. For example, MBition has a tool called MathMaster, which teaches you techniques and other important lessons on real estate math.
What’s more, the school has an online bookstore from which you can purchase additional resource materials to prepare for your Wisconsin real estate exam or just expand your knowledge about the industry. They offer hard copy textbooks as well as downloadable e-books.
2. Pass the Wisconsin real estate exam
Once you complete the educational requirement, you can proceed to schedule an appointment for the Wisconsin real estate exam.
You can do that through the Pearson Vue website or by calling (888) 204-6284.
Note: you need to create an account with Pearson Vue to schedule an appointment there (if you don’t already have one).
Since Pearson Vue does not accept walk-ins, you need to make a reservation at least 24 hours before your desired exam date.
The examination fee costs $65.
Note: Pearson Vue does not accept cash payments.
On the exam day, take note of the following:
- Be at the testing center at least 30 minutes before your exam
- Bring 2 forms of identification
- Bring a calculator with you (calculators that don’t make a noise, are handheld, and are non-printable are allowed inside the exam room)
The exam is administered on a computer, which you will have time to take a tutorial on. Because of this, you will get your results right away.
As for the exam itself, there is a total of 140 questions. You are given 4 hours to complete it.
What if you fail?
You can always retake it. However, you will need to pay the exam fee again.
3. Find a sponsoring broker
Before you can complete your license application, you first need to find a sponsoring broker.
Your sponsoring broker or brokerage firm will provide you with the necessary training and mentorship to help you jumpstart your real estate career.
Always remember that your sponsoring broker is an essential part of your journey towards becoming a successful real estate professional, so make sure you choose wisely.
Affiliate with a broker whose goals align with yours and who supports salespersons by providing education and a good commission structure.
4. Submit your license application
Finally, you can submit a real estate license application to the Department of Safety and Professional Services (DSPS).
To do that, simply visit the DSPS website, create an account, and follow the instructions.
You can also complete this application form and mail it to:
Wisconsin Department of Safety and Professional Services (DSPS)
P.O. Box 8935
Madison, WI 53708-8935
Don’t forget to include the following when you mail in your application:
- $60 application fee (check or money order payable to DSPS)
- Pre-licensing education Certificate of Completion
- Exam results
The DSPS will then review your application. Processing will take around five to ten business days.
Once completed, you will receive an email notification about your application.
For any questions regarding your license application, reach out to DSPS at (608) 266-2112 or send an email to firstname.lastname@example.org.
Real Estate License in Wisconsin FAQs
How much do real estate pre-licensing courses cost in Wisconsin?
Most classroom-based real estate courses charge around $500. Some may even go much higher.
If you ask us, online real estate schools offer better deals.
Take, for example, MBitionToLearn. At around $300-400, MBition’s Wisconsin pre-licensing package includes all necessary course topics, MathMaster, an exam prep tool, a Pass the First Time guarantee, and much more.
How long does it take to become a real estate agent in Wisconsin?
Typically, it will take you three to six months before you obtain a real estate salesperson license in Wisconsin.
However, it entirely depends on you. You can finish the entire process as quickly or as slowly as you want.
Keep in mind the deadlines, though. For example, you need to submit your application to the DSPS within one year of passing the Wisconsin real estate exam, or else, you will have to retake it.
What happens if I fail the Wisconsin real estate exam?
Do not worry if you fail the Wisconsin real estate exam on the first try. You can review and then retake it.
However, you need to wait at least 24 hours before making an appointment for your second attempt. The cost of retaking the exam is also $65.
The path to becoming a real estate professional is not a short, straight road. There will be challenges, but if you’re well-informed of the process it takes to be a licensed salesperson, you will find that it is very doable.
We hope this article helps you start your real estate career journey.
Best of luck!