Michigan Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
Must have at least 3 years of full-time experience as a licensed real estate salesperson or in a related field
Alternative Pathways:
- 3 years as licensed salesperson
- Work as licensed builder, investor, land/condo developer
- Loan or trust officer at bank or mortgage company
- Real property appraiser
Salespersons get 1 year credit for every 12-month period with 5 or more closed transactions.
Education Requirements
Complete 90 hours of approved broker prelicensure education including civil rights law and fair housing.
Required Courses:
- 90 hours of approved prelicensure education
- Must include at least 9 hours of civil rights law and equal opportunity in housing
Law degree = 60 hours credit (including 6 hours civil rights). MBA/finance master's = 60 hours. Bachelor's in business/finance = 30 hours.
Broker Examination
Exam Name
Michigan Real Estate Broker Examination
Provider
PSI
Format
National portion and state portion
Passing Score
Varies by section
Exam Fee
$79
Retake Policy
Can retake upon failure with additional fee
Fees
| Application Fee | $143 |
| Examination Fee | $79 |
| Total | $222 |
Does not include pre-licensing course costs. Must be paid by credit or debit card.
Timeline
Gain Experience
Complete 3 years as licensed salesperson or related field
3+ years
Complete Broker Education
Complete 90 hours of approved prelicensure education
4-8 weeks
Pass Broker Exam
Take and pass the PSI broker examination
1-2 weeks
Submit Application
Apply through MiPLUS online system
2-4 weeks
License Renewal
Renewal Cycle
Every 3 years
Renewal Fee
$143
CE Hours Required
18 hours
Online Renewal
Available
18 hours of continuing education every 3 years. Must include at least 2 hours of laws/rules/court cases and 1 hour of fair housing compliance.
Reciprocity Agreements
Michigan does not have reciprocity agreements with other states.
Michigan does not have direct reciprocity with any state. Non-residents can obtain license but must maintain a place of business in Michigan.
Quick Tools
Not a Broker Yet?
Start with an agent license if you don't have the required experience.
Michigan Agent License →