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Updated over 14 years ago on . Most recent reply

User Stats

180
Posts
8
Votes
Anthony Larson
  • Real Estate Investor
  • Las Vegas, NV
8
Votes |
180
Posts

Broker requirements

Anthony Larson
  • Real Estate Investor
  • Las Vegas, NV
Posted

I'm looking at what is required to becoming a broker in Wisconsin

I found this online

Real Estate Broker - Licensing

1) Complete required education.

A. All applicants for licensure as a broker must complete one of the following as proof of completion of the education requirement:

a) a specific 36-hour brokers course of approved education programs in business management from an an approved Wisconsin school AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; OR

b) a transcript showing 20 academic semester-hours credit in real estate or real estate related law completed at an accredited institution of higher education AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; OR

c) a photocopy of current bar membership card or a certificate of good standing in the Wisconsin State Bar.

However, WRA.org says this

Broker License Information for Wisconsin Residents
Resident Applicants
Wisconsin resident applicants for Broker may qualify for the broker's examination and a broker's license by satisfying the following requirements:

Be licensed as a Wisconsin salesperson or have passed the Wisconsin salesperson's examination and:
Show proof of completion of a required educational program approved by the department of regulation and licensing; or
Show proof of having obtained twenty (20) semester-hour credits in real estate or real estate-related law courses at an accredited institution of higher education (NOTE: Applicants are advised to submit transcripts to the Department for approval of credit courses prior to applying for examination.); or
Show proof of being licensed to practice law in Wisconsin.
A broker applicant is also required to pass the Wisconsin broker's examination.

MY QUESTION IS THIS

Do you need 20 credit hours of real estate related coursework to become a broker in WI?

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