HOW
TO OBTAIN AN MONTANA REAL ESTATE LICENSE
Real
Estate Salesperson
Licensing
Fees:
$175.00
if Licensed in an Even Year
$87.50
if Licensed in an Odd Year
$
35.00 Recovery Account (one time fee)
Education
Requirements:
High school graduation or equivalent;
60 Hours of additional pre-licensing instruction from a school and instructor
approved by the Board.
Experience
Requirements:
None
Examination
Information:
Pass
the Montana Real Estate Examination with a score of 80% or
better the uniform and 70% or better on the state portion.
Reciprocity:
Reciprocity agreements are in effect with the following states or licensing
jurisdictions:
Alberta,
Canada
Colorado
Georgia
Idaho
Iowa
Nebraska
North Dakota
Oregon
South Dakota
Tennessee
Wyoming
Equivalency:
An application may be submitted to determine if
an applicant has equivalent education and/or experience.
An applicant must be currently licensed in Montana and file
an application for equivalency determination. If equivalency
is approved by the Board, the applicant must pass the required
examinations.
Waiver
of examination and/or education:
An application may be submitted to determine if
an applicant has a license in another state or jurisdiction
with licensing standards substantially equivalent to Montana's
requirements. The Board may approve to waive all or part
of the required pre-licensing education and/or examination.
Renewal
Period:
December 31 biennially on odd numbered years.
Renewal
Fee:
$175.00
Continuing
Education Requirements:
12 hours annually
Other
Special License Requirements:
Must be 18 years of age or older.
Real
Estate Broker
Licensing
Fees:
$200.00 if Licensed in an Even Year
$100.00
if Licensed in an Odd Year
$
35.00 Recovery Account (one time fee if not currently licensed
in Montana)
Education
Requirements:
High school graduation or equivalent:
60 Hours of additional pre-licensing instruction from a school and instructor
approved by the Board.
Experience
Requirements:
Two years as a licensed Salesperson
Completion of the following activity criteria within 3 years of the date of
application:
Minimum of 30 residential real estate transactions, or
Minimum of 10 commercial, agricultural or farm and ranch real estate transactions.
Examination
Information:
Pass
the Montana Real Estate Examination with a score of 80%
or better on both the uniform and state portion.
Reciprocity:
Reciprocity
agreements are in effect with the following states or licensing
jurisdictions:
Alberta,
Canada
Colorado
Georgia
Idaho
Iowa
Nebraska
North Dakota
Oregon
South Dakota
Tennessee
Wyoming
Equivalency:
An application may be submitted to determine if
an applicant has equivalent education and/or experience.
An applicant must be currently licensed in Montana and file
an application for equivalency determination. If equivalency
is approved by the Board, the applicant must pass the required
examinations.
Waiver
of examination and/or education:
An application may be submitted to determine if an applicant has a license
in another state or jurisdiction with licensing standards substantially equivalent
to Montana's requirements. The Board may approve to waive all or part of the
required pre-licensing education and/or examination.
Renewal
Period:
December 31 biennially on odd numbered years.
Renewal
Fee:
$200.00
Continuing
Education Requirements:
12 hours annually
Other
Special License Requirements:
Must be 18 years of age or older.
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