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Real Estate License Online in Wyoming (A Complete How To Guide for 2021)

Last updated on August 9, 2021

Real Estate License Online in Wyoming

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Have you been considering starting a career in real estate?

Are you confused about the whole licensing process?

Well, the journey to becoming a real estate salesperson in Wyoming takes time, dedication, and investment. But you’ll find that it’s actually straightforward. 

To help you out, we’ve made a complete 2021 guide for you on how to get a real estate license online in Wyoming. We made this as detailed as possible so you don’t miss out on anything. 

Plus, we will provide you with some helpful tips. 

Okay, let’s get started! 

Qualifications for a Real Estate License in Wyoming

To qualify for a real estate license in Wyoming, you must:

  • Be a US citizen or a lawfully admitted alien who is authorized to work in the US

  • Be 18 years old or older

  • Have a high school diploma or GED

Yep, that’s all! 

The 6 Steps to Getting a Real Estate License Online in Wyoming

To obtain a Wyoming real estate license, you must complete the following steps:

Step 1: Complete the 54-hour real estate pre-licensing education

Step 2: Pass the Wyoming real estate exam

Step 3: Complete the background check requirement

Step 4: Obtain Errors & Omissions insurance

Step 5: Find a broker sponsorship

Step 6: Complete your real estate license application 

Let’s look at each step in detail. 

Step 1: Complete the 54-hour real estate pre-licensing education

Wyoming requires all new real estate salesperson applicants to complete 54 hours of pre-licensing education. It includes 30 hours of Salesperson I and 24 hours of Salesperson II. 

The mandatory pre-licensing education consists of a variety of subjects, including Agency Relationships, Contracts, Real Property Ownership, Finance, Property Management, Real Estate Calculations, Wyoming laws, etc...

Upon completing the lessons, you will need to pass a final course exam before you receive your completion certificate (proof that you finished the educational requirements). 

Note: keep in mind that this is different from the actual state and national exams.  

The great news is that you can take these courses online! 

Tip: Most pre-licensing courses are available for six months from the date of purchase. If you’re someone who gets distracted easily and wants to take it slow, you can spend, say, half an hour a day. Don’t postpone study time whenever you feel lazy, because catching up when six months is almost over will be much more difficult.   

If you’re looking for a reliable online real estate school, check out Real Estate Express

Real Estate Express is one of the biggest and most trusted institutions that offer flexible learning solutions to aspiring real estate salespeople. Its pre-licensing packages are some of the best, high-quality programs you will ever find online. They have helped more than 350,000 students, and their courses consistently receive high ratings from their users. 

It’s best known for its thorough coursework that will provide you with everything you need to know. After completing its pre-licensing course for Wyoming, you will feel prepared to take the final exam. It is also among the schools with the highest average passing rates in the country. 

So yes, definitely go check them out! 


Step 2: Pass the Wyoming real estate exam

Once step 1 is completed, you can now take the Wyoming real estate exam. 

The best part is that you can take it online!

Go to the Pearson Vue website, click on “View Exams” on the right side, select the onVUE online delivery, then select the 2 Sales Exam (national and state). You will also need to pay an exam fee of $180 ($90 for each exam portion).

As simple as that!

Note: you will have to create a Pearson Vue account (if you don’t have one already) to avail of this online service.

When taking the exam, a live proctor will monitor you, which means you have to turn on your webcam. 

As for the exam itself, there are 132 questions (100 for the national portion and 32 for the state). You are given 2.5 hours to complete the national exam, while the state exam takes 1.5 hours. 

To pass, you must score at least 70 points on the national, and 24 on the state. 

Since the exam is on a computer, you will know the results immediately. If you pass, it will be marked with a “Pass”, without any breakdown of your scores. If you fail, you will be able to see how you did on different portions of the exam. 

Tip: Before you sit for the Wyoming real estate exam, it’s a good idea to read the Pearson Vue Candidate Handbook.

Step 3: Complete the background check

After that is fingerprinting and background check. The Wyoming Real Estate Commission will not issue your license until this step is completed. 

For this process, have your fingerprints taken by any local law enforcement agency. You will need 2 blue fingerprint cards. The official taking your fingerprints needs to sign on the card as well as the seal of the envelope.

Tip: This process may take a couple of weeks so make sure to do this as early as you can. 

Reports generated from a fingerprint background check are valid for 90 days. See to it that you send in your application for a license within that period.   

Step 4: Obtain Errors and Omissions Insurance

In Wyoming, real estate salespersons must have Errors and Omissions Insurance. An E&O policy is professional liability insurance that helps protect you from lawsuits regarding claims of mistake, negligence, errors, omissions, or inaccurate advice in your services. 

An E&O policy also helps you cover the following:

  • Attorney fees
  • Court and administrative costs
  • Settlements and judgments

Obtaining this will typically cost from $500 to $1,000.  

Step 5: Find a broker sponsorship

The state of Wyoming also requires applicants to be affiliated with a broker or a brokerage firm. The broker will need to sign on your application form to vouch for your good reputation and competence.

Tip: Your sponsoring broker will be responsible for training you and providing you with the necessary tools for starting your real estate career. Because of that, take time to select the best broker for you. Go for a broker with a long-standing and good reputation, and one that has a solid commission structure as well as a growth plan for its salespersons.  

Step 6: Complete your real estate license application

Once you accomplish all the above steps, you can then begin your real estate license application. 

First, download and fill out this salesperson application form. Once that’s done, submit it to the Commission by email, mail, or fax:

E-mail: realestatecommission@wyo.gov

Mailing Address: 2617 E. Lincolnway, Suite H, Cheyenne, WY 82002

Fax: (307) 777-3796

Include the following requirements:

  • 2 fingerprint cards along with a $39 check or money order payable to the Attorney General
  • Close-up photo
  • Certificate of Completion of pre-licensing education
  • Copy of exam score report
  • Copy of birth certificate, driver’s license, or passport for identification
  • Proof or E&O insurance policy
  • $300 check payment for license fees

The Commission will then review your application. It may take 5 to 10 business days.

Tip: If you are sending in your application by mail or fax, and you are writing by hand instead of typing it out and printing the form, be sure to write legibly to avoid delays in the review process.   

Real Estate License in Wyoming FAQs

Is online real estate school better than in-classroom education?

Online real estate is better than in-classroom education in terms of affordability, flexibility, and convenience. 

Since the former is 100% online, you don’t have to spend on transportation to attend classes in a designated venue. Course fees of online schools are also usually cheaper than in-person schools. 

Online real estate schools also let you study at your pace, basically anytime and anywhere. If you have a day job, you can go through your lessons quickly during your break or after work. 

In our opinion, an online real estate school is better, but it will always depend on your preferences.

How much does an online real estate course cost in Wyoming? 

The prices range from around $300 to $600, depending on the bundle inclusions. For example, Real Estate Express offers 4 Wyoming real estate pre-licensing packages, with the cheapest being around $350 and the most expensive around $570. 

How long does it take to become a real estate salesperson in Wyoming?

It really depends on how you manage your time and allot a proper schedule for all the steps listed above. For a rough estimate, the entire process may take around three to six months. 

Conclusion

No path to any career is ever easy. Everyone has to go through the required procedures. Becoming a real estate professional is no exception. 

But if you have a proper game plan, and you focus and stick to it, you’ll find success down the road. So with this complete guide on how to get a real estate license online in Wyoming, you’ll be able to get planning and get started right away.

Good luck! 

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