Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Iowa State Requirements

Salesperson Licensing

  1. Be 18 years of age
  2. Complete the 60-hour preclicense course
    1. In addition to the 60-Hours all persons applying for a license must show evidence that have completed the following three courses:
      1. 12-Hours Buying Practices
      2. 12-Hours Listing Practices
      3. 12-Hour Developing Professionalism and Ethical Practices
  3. Schedule Iowa Salesperson Licensing Exam with PSI and pass both State and National portions of the exam
  4. Undergo a background check- only valid for 120 days
  5. Be sponsored by a Broker before applying for license
  6. Obtain errors and omissions insurance
  7. Complete and submit the Iowa Real Estate Commission Application for Individual Licensure and be sponsored by a Broker.

Broker Licensing

  1. Must have 24 months of active salesperson experience and complete 72 hours of broker pre-license education within 24 months preceding the passing of examinations.
  2. Pass the State and national portions of the examination
  3. Undergo a background check- only valid for 120 days
  4. Provide verification of current errors and omissions insurance
  5. Include current salesperson wall license with application
  6. Brokers who have never renewed as a salesperson must provide documentation of attendance of the following three courses: 12 hours Buying Practices, 12 hours Listing Practices, and 12 hours Developing Professionalism and Ethical Practices.

Salesperson Post-Licensing

  1. All salespersons originally licensed prior to Jan. 1, 2009 thar are renewing for the first time must complete the following 36 hours of education:
  2. 12 hours Developing Professionalism and Ethical Practices
  3. 12 hours Buying Practices
  4. 12 hours Listing Practices

 

Salesperson Continuing Education

  1. Complete the required 36 hours during every 3 year renewal cycle.
  2. Must be completed by December 31st of the expiration year
  3. The 36 hours must include 4 hours of mandated ethics and 8 hours of legal update.
  4. Only 24 hours can be completed via distance education.

Broker Continuing Education

  1. Complete the required 36 hours during every 3 year renewal cycle.
  2. Must be completed by December 31st of the expiration year
  3. The 36 hours must include 4 hours of mandated ethics and 8 hours of legal update.
  4. Only 24 hours can be completed via distance education.

 

Exam Information

  1. The licensing exam cost $95.00 and includes the National and State questions.
  2. Register, schedule an appointment, read the Candidate Information Bulletin at https://candidate.psiexams.com/catalog/fti_agency_license_details.jsp?fromwhere=findtest&testid=608