To earn and keep your real estate license in Wisconsin, you need to meet specific educational requirements set by the Wisconsin Real Estate Board, under the Department of Safety and Professional Services (DSPS). It involves pre-licensing coursework to prepare you for the official licensing exam and continuing education to qualify you for renewal.
Unfortunately, AgentCampus by 360training doesn't offer Wisconsin real estate courses at this time. You'll need to check the DSPS website for approved training providers.
Below, you'll find more information on the licensing process, the educational requirements, and other important information.
What Are Wisconsin's Real Estate Pre-Licensing Education Requirements?
Wisconsin requires real estate salesperson candidates to complete 72 hours of pre-licensing coursework from an approved provider.
Required curriculum includes:
- Real Property
- The Real Estate Business
- Real Estate Brokerage
- Listing Agreements
- Interests in Real Estate
- Legal Descriptions
- Taxes and Other Liens
- Real Estate Contracts
- Title Records and Transfers of Title
- Real Estate Finance and Basic Math
- Appraisal and Market Analysis
- Fair Housing Laws
- Ethical Real Estate Practices
- Consumer Protection
- Leases
- Property Management
- Land Use Control and Development
- Environmental Concerns
- Miscellaneous Wisconsin License Laws
Who is Eligible to Become a Real Estate Agent in Wisconsin?
To get licensed in Wisconsin, you must be 18 years of age or older. You'll also need to attest to your citizenship or immigration status and disclose any professional or criminal infractions on your application.
What is the Wisconsin Real Estate Licensing Exam Like?
Wisconsin's salesperson licensing exam is a 4-hour-long multiple-choice test administered by a third-party testing company named Pearson VUE in several locations throughout the state.
There are two portions to the test: a national portion and a state portion. You need to pass both sections to qualify for a license. You'll get a score report immediately after you finish the exam. If you pass, you'll get instructions on how to apply for a license.
What is the Deadline for my Wisconsin Real Estate License Application?
You need to submit your application within 4 years of completing your pre-license educational requirements and within one year of passing both sections of the license exam.
How Often Does a Wisconsin Real Estate License Have to Be Renewed?
You need to renew a Wisconsin real estate license every 2 years, by December 14th of every even-numbered year.
What Are Wisconsin's Continuing Education Requirements for Real Estate?
Wisconsin requires you to complete 18 Continuing Education hours from an approved provider by your renewal deadline. You need to retain proof of CE for 5 years in case the Real Estate Board audits you.
If you earn your salesperson license after October 1st of an even-numbered year, you're exempt from that cycle's CE requirements.
What Kind of Jobs Can I Get with a Wisconsin Real Estate License?
Getting a Wisconsin real estate license can lead to a number of career paths, including:
- Residential real estate agent
- Commercial real estate agent
- Real estate broker
- Property manager
Within each of those jobs, you can choose your specialty and niche. Some specialties are more profitable than others, and those often involve additional licenses or certifications.
For a general idea of the salary you can expect as a Wisconsin real estate agent, let's look at the median wage data from the Bureau of Labor Statistics:
Job Title | Average Hourly Wage | Average Yearly Wage |
---|---|---|
Sales Agents | $20.69 | $43,030 |
Brokers | $35.05 | $72,910 |
Property Managers | $28.57 | $59,430 |
Your income is typically commission-based, so there's a wide variation in income level from person to person. It changes based on skill, specialty, niche, and more. As a result, some agents earn well below the average, while others make well above. For example, the top 90th percentile of sales agents in Wisconsin make $80,700.
To learn more about your career opportunities, potential real estate specialties, and how commissions work, check out our Resources page for more information.