A Quick Guide on How to Get a Real Estate License in North Dakota
A career in real estate is a good career path to pursue in North Dakota because it is a lucrative career that earns great income, lets you meet a lot of people, and opens opportunities for you. However, not just anyone can become a real estate agent in the Peace Garden State. You must first pass the stringent North Dakota Real Estate licensure exam in order to achieve your dreams.
Every law and regulation that is about obtaining this license has been set forth by the North Dakota Real Estate Commission (ND REC). If you desire to acquire your real estate license as a salesperson or broker, you must first pass your educational requirements for licensure that has been set-up by the law and pass the real estate exam. Those who practice without passing the North Dakota Real Estate License exam are subject to sanctions for violating the license laws, which can have serious repercussions if you try practicing without a license.
What are the general requirements?
The Commission states that all applicants for any type of real estate license may be brokers or salespeople must first need to meet the standards for good moral character. You must satisfy the commission and prove you are an honest, law-abiding person who has integrity and great community standing. In addition to that, you must be at least 18 years of age, a US Citizen, or a permanent resident alien.
Conviction of an offense does not disqualify a person from licensure unless the commission determines that the offense has a direct bearing on a person’s ability to serve the public as a real estate broker or salesperson. This can be seen under North Dakota Real Estate Commission Real Estate License Law
You must disclose all crimes, criminal accusations, misdemeanors, and child support issues. You must also state if you have any other real estate license denied, suspended, or revoked in the past in ND or any other state.
What are the educational requirements from the ND Real Estate Commission?
You must also show the proof of your high school graduation or its equivalent. You as an applicant must fulfill the educational requirements established by the ND Real Estate Commission. Those of you who are seeking to gain your license must study very hard and take your education seriously in order to pass your real estate exam. These are all necessary steps before you can apply for the license.
The most important criteria, any applicant to the real estate exam must first be able to complete 45 hours of approved real estate education by any school that is accredited by the ND REC. You can check the ND Real Estate Commission website for an extensive list of approved courses to ensure that you are on track to get the right and accredited school.
The applicants must fulfill all of these educational requirements established by the ND Real Estate Commission. Then those seeking to gain their license must apply for their real estate exam and pass this exam, which is conducted under the supervision of the commission. The ND REC also has the full powers to revoke licenses, conduct investigations/ inquiries, hold hearings, and sanction real estate salesperson or real estate firms for violating the license law and its administrative rules.
Noteworthy, there is also a real estate broker’s license. To qualify for a broker’s license, you must complete 150 hours of pre-license studies, along with a 90-hour general real estate course, coupled with two 30 hour courses on Agency Ethics, Office Management, and other topics related to business. On top of this, you must have been employed as a licensed real estate salesperson for three years before your application. In addition to this, you must pass the real estate broker exam.
How Long does it take to get a real estate license in North Dakota?
As noted above, after garnering your high school diploma or its equivalent, you will need to spend 45 hours on an accredited school before you can take your real estate exam to become a qualified real estate salesperson. After you finish this required education, you will be given one year to review, take, and pass that state examination.
This exam is administered every year by the PSI Services LLC, and you can register with them at their official website for a seamless application process. You can also check their other requirements at the same site. If you want to further prepare for the exam, you can choose to enroll yourself in an exam preparation course.
Are there any other requirements?
Before you can submit your application to become a licensed real estate personnel, you must have your biometrics or fingerprints taken. In order to get this done, you must first be sponsored by a licensed broker. In order to avoid any kinds of issues, problems, or delays, you must file on time. As soon as you pass your real estate exam, submit your fingerprints right away. For more information on this process, visit this website in charge of collating the information.
It is critical to note that your application for the license must be submitted within a year of completing your 60 hours of required schooling. On top of this, your application will only be entertained and accepted, if it is fully complete, along with the appropriate license fees and the evidence that you have finished with the fingerprinting process. The final step is submitting your license application to the Licensing Services Bureau, Real Estate.
Before you can submit your application to become a licensed real estate personnel, you must have your biometrics or fingerprints taken. In order to get this done, you must first be sponsored by a licensed broker. In order to avoid any kinds of issues, problems, or delays, you must file on time. As soon as you pass your real estate exam, submit your fingerprints right away. For more information on this process, visit this website in charge of collating the information.
How much does it cost to get a real estate license in North Dakota?
All applicants for a North Dakota real estate agent license must have a reputation for honesty, truthfulness, and fair dealing. The license fee for a salesperson license is $100.00 and for the broker license is $120.00. Licenses are issued for two year periods and will not be renewed unless the continuing education requirement has been fulfilled. Renewal fees are the same as the original license fees. All costs associated with obtaining a background check are the responsibility of the applicant. The fee is $41.25 and the check or money order must be made payable to the ND Attorney General. For additional information on fees, check out this site.
Online Real Estate Schools in North Dakota
For those of you who are having trouble getting to an actual physical school, you can choose an online real estate program accredited in the Peace Garden State. These online schools offer flexibility without compromising their standard of excellence in real estate education. They are committed to giving you the right education to help you pass your license exams.
They work with the Real Estate Commission to help guide you and prepare you for the rigorous exam process so you just won’t pass but pass with flying colors. You can also go to them for continuing education courses for your renewal requirements or to stay updated with industry trends. Check here for a list of accredited institutions.
Final Word
As you can see, obtaining your license to practice being a real estate agent or real estate broker in the Peace Garden State is a fairly straightforward process. With the right preparation, education, and application materials, you can easily get your desired license without any headaches.
For more information regarding obtaining your License for Real Estate in the State of North Dakota or any other licensing questions, you may visit the Real Estate Commission website or contact them via phone at 701-328-9749, with the extension 50546.
The North Dakota Real Estate Commission has reciprocal agreements with the following states: Georgia, Iowa, and Minnesota.
Resources:
North Dakota Department of Real Estate
North Dakota Real Estate Commission Candidate Handbook
