Montana Real Estate License Requirements

The Montana Board of Realty Regulation oversees all real estate matters in the state of Montana. The types of real estate licenses the board currently issues are salesperson and broker licenses.

The requirements to become a real estate agent [salesperson] or broker in Montana are as follows:

SALESPERSON LICENSE REQUIREMENTS:

To be eligible for a Montana salesperson license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Although no official background check is required, applicants with a criminal background must submit a detailed explanation of any previous criminal charges or convictions to the Montana Board of Realty Regulation along with a pre-determination application.

No prior real estate experience is required to obtain a Montana salesperson license.

Applicant must have completed 10th grade in an accredited high school or equivalent and complete 60 hours of pre-license instruction within the past 24 months from a school approved by the Montana Board of Realty Regulation.

Montana Real Estate License Requirements

Montana Real Estate License Requirements

After completing the prelicense education requirements, applicant must pass the state portion of the salesperson exam with a minimum score of 70% and the national portion with a minimum score of 80%. The national portion of the exam consists of 100 questions. The state portion consists of 33 questions. The applicant has a total of 3.5 hours to complete the exam.

A Montana salesperson license application must be submitted within 12 months of passing the exam along with proof of sponsorship by a licensed broker in Montana.

All Montana salesperson licensees must complete 12 hours of continuing education every 12 months, four hours of which must be on a mandatory topic and core course that best aligns with the daily practice of real estate.
First time applicants must also complete the New License Mandatory Continuing Education class.

If an applicant is a licensed real estate salesperson in another state, an application may be submitted to determine if that state or jurisdiction’s licensing standards are equivalent to Montana’s requirements. If so, the Montana Board of Realty Regulation may waive all or part of the required pre-licensing education and/or examination.

Montana has a reciprocal agreement with Alberta, Canada.

Fees to obtain a Montana salesperson license include:
Exam Fee: $99
Prelicensing Course Application for Approval: $150
Continuing Education Course Application for Approval: $130
Changing from Active to Inactive Status Fee: $20
Changing from Inactive to Active Status Fee: $80
Salesperson License Fee: $185
Salesperson License Renewal Fee: $150


BROKER LICENSE REQUIREMENTS:

To be eligible for a Montana broker license, applicant must be at least 18 years old and be a U.S. citizen or alien authorized to work in the United States.

Although no official background check is required, applicants with a criminal background must submit a detailed explanation of any previous criminal charges or convictions to the Montana Board of Realty Regulation along with a pre-determination application.

At least two years of experience as a licensed salesperson is required to obtain Montana broker license. Applicant must also have completed to following within the past three years:
Complete a minimum of 30 real estate transactions
Complete a minimum of 10 commercial, agricultural or farm/ranch real estate transactions.

Applicant must complete 60 hours of pre-license instruction from a school or approved by the Montana Board of Realty Regulation.

After completing the prelicense education requirements, applicant must pass the state and national broker exam with a minimum score of 80%. The national portion of the broker exam consists of 11 simulation questions. The state portion consists of 40 questions. Applicants have a total of 3.5 hours to complete the exam.

A broker license application must be submitted within 12 months of passing the exam.

All Montana broker licensees must complete 12 hours of continuing education every 12 months, four hours of which must be on a mandatory topic and core course that best aligns with the daily practice of real estate.

If an applicant is a licensed real estate broker in another state, an application may be submitted to determine if that state or jurisdiction’s licensing standards are equivalent to Montana’s requirements. If so, the Montana Board of Realty Regulation may waive all or part of the required pre-licensing education and/or examination.

Montana has a reciprocal agreement with Alberta, Canada.

Fees to obtain a Montana broker license include:
Exam Fee: $99
Prelicensing Course Application for Approval: $150
Continuing Education Course Application for Approval: $130
Changing from Active to Inactive Status Fee: $20
Changing from Inactive to Active Status Fee: $80
Original Broker License Fee: $210
Broker License Renewal Fee: $175


References:

Montana Real Estate Examination Program Candidate Handbook: July 2013: http://www.goamp.com/Publications/candidateHandbooks/MTREP-handbook.pdf

Montana Board of Realty Regulation: What Are the Requirements/Processes to Become a Salesperson, Broker or Property Manager in Montana: http://bsd.dli.mt.gov/license/bsd_boards/rre_board/board_page.asp

Montana Board of Realty Regulation: Continuing Education Requirements: http://bsd.dli.mt.gov/license/bsd_boards/rre_board/board_page.asp

Montana Board of Realty Regulation: What Are the Fees: http://bsd.dli.mt.gov/license/bsd_boards/rre_board/board_page.asp

Montana Board of Realty Regulation: Application Procedures for Real Estate Salesperson License: http://bsd.dli.mt.gov/license/bsd_boards/rre_board/pdf/res_license.pdf

Montana Board of Realty Regulation: http://bsd.dli.mt.gov/license/bsd_boards/rre_board/board_page.asp


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