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 broker 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
120 questions, 210 minutes; national and state portions
Passing Score
75%
Exam Fee
$79
Retake Policy
Can retake upon failure; fee per attempt.
Fees
| Application Fee | $143 |
| Examination Fee | $79 |
| Listed Fees | $222 |
Listed state fees: application $143 + exam $79 = $222. Michigan does not charge a broker background-check fee. Pre-licensing course tuition is excluded.
Michigan does not require a broker background check; an embezzlement/misappropriation conviction is a statutory disqualifier.
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 (120 questions, 210 minutes, 75% to pass)
1-2 weeks
Submit Application
Apply through the MiPLUS online system
2-4 weeks
License Renewal
Renewal Cycle
Every 3 years
Renewal Fee
$108
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. A $20 late fee applies during the 60-day late-renewal period.
Reciprocity Agreements
Michigan does not have direct reciprocity with any state. Non-residents can obtain a license but must maintain a place of business in Michigan.
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