The Most Frequently Asked Indiana Real Estate Career Questions

To obtain an Indiana Real Estate Broker license, follow these steps:

• Complete 90 Hours of Approved Pre-Licensing Education. Enroll in and successfully complete 90 hours of approved pre-licensing coursework, which includes a 30-hour Real Estate License Fundamentals course and a 45-hour Real Estate License Practice course.
  You may qualify for an education exemption if any of the following apply:

  • You are a licensed attorney.

  • You have received a bachelor's degree from an accredited college with a major course of study in real estate.

  • You hold a current real estate license in another jurisdiction and are seeking licensure in Indiana.

• Pass Your Course Final Exam.

  After completing your pre-licensing course, you must pass a course final exam administered in the presence of a proctor. Contact your course provider for details on scheduling and proctoring options.

• Pass the Indiana Real Estate Broker Exam.

  Register for and pass the Indiana Real Estate Broker Exam, administered by PSI. Go to the PSI Indiana Real Estate Exams site for more details.

• Select a Sponsoring Managing Broker.

  Before obtaining your license, secure sponsorship from an active Indiana managing broker. Choosing the right brokerage is crucial, as your managing broker will mentor you as you begin your real estate career. If you apply for your license without listing a sponsoring broker, you’ll be licensed as “inactive.” Find more details on the Indiana Professional Licensing Agency site.

• Complete Your Real Estate License Application.

  Submit your application for a real estate broker license online using the Indiana Professional Licensing Agency's Licensing System (PALS). Ensure all required documentation—including proof of education, exam results, sponsorship, and background check—is included.

• Provide a Criminal History Records Check.

  Within 180 days of applying for your license, request a criminal history records check through the Indiana State Police.

You must take and pass 90 course hours from an approved education provider to get a Real Estate Broker license in Indiana. If you treat your pre-licensing education like a 40-hour workweek, you can finish your coursework in just over two weeks.

You’ll then move on to pass your licensing exam, choose a sponsoring broker, request a background check, and apply for your Indiana real estate license. Most of our students complete these requirements within a few months.

Here’s a quick breakdown of how much it will cost to get your Indiana Real Estate Broker license:

• Real estate broker pre-licensing in Indiana ranges in average cost from $300 to $700, depending on the provider you go with and the package you purchase.

• The initial license and new application fee for an Indiana real estate broker is $60.*

• The National & Indiana Real Estate Broker Exam fees are each $53 (through PSI).*

*Note that licensing fees are subject to change.

You must be at least 18 years old to become an Indiana real estate broker. You must also have earned a high school diploma or its equivalent.

The Indiana Real Estate Commission reviews applications with prior convictions on a case-by-case basis. Certain convictions may impact eligibility. For guidance, contact the Commission directly.

The Indiana Real Estate Commission contracts with PSI to facilitate and administer the National and Indiana Real Estate Broker Exams. Both exam fees are $53. Learn more in the PSI Real Estate Exams Offered for Indiana Real Estate page.

As of November 2024, Indiana does not have reciprocity agreements with any state. You can contact the Indiana Professional Licensing Agency to learn more about how having a license in another state can potentially expedite your licensing process in Indiana.

Yes, new brokers are required to complete 30 hours of Post-Licensing education within two years of obtaining their license.

Indiana brokers and managing brokers must complete 36 hours of CE coursework by June 30th every three years. This breaks down to 12 hours completed per year—so plan accordingly!

Indiana brokers and managing brokers must complete 36 hours of CE coursework.

Generally, your course provider will send you a course completion certificate upon completion. The CE Shop will provide you with an electronic copy of your course certificate(s) of completion. You can also download a copy of your course completion certificates using your account at The CE Shop at any time. You’ll need to show proof of CE completion when renewing your license using the PALS online portal.

A Managing Broker license allows you to operate independently, supervise other brokers, and be responsible for a real estate company's operations. That means you’re able to:

• Help clients sell, lease, and buy properties

• Establish and manage your own real estate brokerage firm

• Supervise and hire other agents to work for you

• Become a property manager

The biggest advantage you’ll have as an Indiana managing broker is the ability to hire other brokers to work for you — which can be financially rewarding!

Yes! To start your own business, you’ll need to earn an Indiana Managing Broker license. Then, you’ll be able to hire other brokers to work for you.