Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

User Stats

27
Posts
5
Votes
Cary Trusty
  • Investor
  • Indianapolis, IN
5
Votes |
27
Posts

Obtain Indiana salesperson/broker license before July 1st or no?

Cary Trusty
  • Investor
  • Indianapolis, IN
Posted

I'm looking for some advice from our investors and agents in the Indiana and Indianapolis market. I've thought it over and feel that obtaining my salesperson license (soon to be broker license) is the right move for me.

I have reviewed the scenarios via RECP's website (http://www.recp.org/RECP/Resources/FAQs/RECP/ContentAreas/Resources/FAQs.aspx?hkey=eeb3a5da-9d4b-4bff-bec2-70a512b96eed) and I'm open to feedback on whether or not I should wait til after July 1st 2014.

For those just curious, Indiana has made some law changes that go into effect July 1st that removes the salesperson license while moving to a Broker vs Managing Broker structure. As the link shows, I would have to pass the 54 hr pre-license course (by passing 3 tests), pass state exam, apply for salesperson license, pass a 24 hr broker transition course, pass 25 question exam, and apply for the new broker license (all before July 1st).

I'm not married, no children, 28 years old -- so I have time :-) If I can finish in 3-4 weeks, I would gain access to the MLS (BLC) about 2 months sooner.

Is there anything else I'm missing?

Loading replies...