Indiana Broker Pre-Licensing IN Real Estate License FAQs

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.

The 3 exams are composed of 100 questions each. You will need to pass each exam with a 75% or higher and the exams are not timed.

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.

It's difficult to determine the "average salary" of a real estate agent in Indiana, seeing as there is so much variance. According to Indeed.com, full-time Indiana agents average about $73k per year.

Indiana requires all agents to complete a 30-hour post-licensing course within 2 years of licensure. This course satisfies your CE for your first 2 years of licensure. After this 2 year period, you will be required to start a 3 year cycle and complete 12 hours of CE each year. You can view our Continuing Education courses for Indiana real estate brokers here. You can view our full offering for Indiana real education here.

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.

Students will need to complete one 90-hour course for their Indiana Pre-Licensing education This course will cover essential real estate topics to educate future agents on how to work in the industry.

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.

Indiana residents can get their real estate Pre-Licensing education online as long as the provider is approved by the state. You can visit the Indiana Professional Licensing Agency's website to see which schools are approved.

In order to become a licensed real estate agent in Indiana, candidates must have at least a high school diploma or GED.

Students will need to enroll for the Indiana real estate examination through the PSI website, where they can learn additional details about the exam's cost and scheduling.

Indiana does not offer state-specific reciprocity for real estate agents. However, out-of-state agents are often able to expedite the licensing process. Approval is contingent on the applicant's education and work history. Agents should contact the Indiana Real Estate Commission to ask personalized questions regarding real estate license reciprocity. There are important resources that agents seeking out-of-state licensure should review before applying.

There are important resources that agents seeking out-of-state licensure should review before applying.