We're here to help answer any questions you have about getting started in the real estate industry. Getting your real estate license in Indiana is a big step, so to help we've collected and answered some frequently asked questions below.
To become a licensed real estate broker in Indiana includes completing the following:
Be at least 18 years old
You must have obtained a high school diploma or equivalency certificate (GED)
Successfully complete 90 hours of approved real estate education
Complete a background check
Successfully pass the Indiana Broker Real Estate Exam
Be sponsored by an actively licensed real estate managing broker
Schedule the Indiana broker licensing exam via PSI.
The amount of time to get your Indiana real estate broker license varies due to the number of steps involved. Most complete the requirements within a few months. These include completing education, scheduling the IN broker licensing exam, successfully passing the licensing exam, and finding a managing broker to support you.
The total cost to get an Indiana real estate license depends on a number of factors. The Indiana state exam costs $61 and to activate your license costs $60. Pre-Licensing coursework pricing ranges from $300-$500 depending on what company you take the course with and whether it’s taken online or in person. After coursework, application, and activation fees, you will join a board of realtors and depending on the association you join it could be up to $1,500.
The 3 exams are composed of 100 questions each. You will need to pass each exam with a 75% or higher and the exams are not timed.
Indiana doesn't have agreements of reciprocity with any states at the moment. However, you may still qualify if your original licensure state has similar requirements to Indiana.
Indiana requires all agents to complete a 30-hour post-licensing course within 2 years of licensure. Most course providers satisfy your CE for your first 2 years of licensure. After this 2 year period, you will be required to start a 3-year cycle and complete 12 hours of CE each year. You can view Continuing Education courses for Indiana real estate brokers here.