Get Your Wisconsin Real Estate License

The following are the basic norms to fulfill to get a real estate license in Wisconsin. 

• You must be at least 18 years old on the date you apply for a license
• You must be a citizen of the USA or a legally admitted migrant with working rights in the country
• You must have a Social Security Number (SSN)

There are five steps to get a WI real estate license.

Step 1: The first step is to go through the 72-hour real estate pre-licensing course in Wisconsin. Ensure that the WI real estate license course is approved by the Wisconsin Department of Safety and Professional Services (DSPS). 

After completing the 72-hour pre-licensing course, pass the course exam with at least a 70% grade. Only then will you be eligible to appear for the State Licensing Exam. 

Step 2: Complete a background check where you must disclose any conviction of felony, misdemeanor to DSPS. 

Step 3: Schedule your State Exam on the Pearson Vue website with proof that you have completed the 72-hour Wisconsin real estate course.

On the scheduled date, appear physically for the licensing exam at the selected center and pass the test. The State Exam consists of a National and a State section with 145 to 150 questions in multiple-choice format. Secure at least 75% to pass the exam.

Once you pass the test, apply for a Wisconsin real estate license within one year. 

Step 4: Find a broker to sponsor you since real estate salespersons must initially work under a broker to get an active license.   

Step 5: Apply for a WI real estate license through the DSPS Online Licensure Application System (OLAS). Along with the Real Estate Salesperson License Form #3166, you must upload the following documents. 

• A copy of the Certificate of Completion of the 72-hour Wisconsin real estate license course  
• A copy of the Certificate from Pearson Vue showing that you have passed the State Licensing Exam. 

Approval of the application for a license will be granted within 5 to 10 days. This answers your question how do I get my real estate license in Wisconsin?

Fixed Costs:

• Application of Predetermination is $68.00 applicable only if convicted of a felony or other violations of federal or state law in the USA. Pay this fee to review the conviction record before applying for a license. 
• State Examination Fee: $65 per attempt
• License Fee: $60.00

Total Fixed Costs: $125 to $ 193

Variable Costs:

This portion of the total expense for getting a real estate license in WI is the cost of a real estate license course. You can choose between classroom-based courses or online ones but the cheaper option is online learning materials. 

The cost of an in-person learning schedule ranges between $400 and $500. On the other hand, online courses are available at a much lower cost. The most affordable is online courses offered by RealEstateU with the base course starting at $199 only. 

Their advanced package with a study guide and e-textbook will cost you only $307. The study guide has questions that simulate the real licensing exam. Hence, you will know what to expect in the licensing exam.  

Hence, the total cost of getting a Wisconsin real estate license varies between $324 to $700.

Online courses have an edge over classroom-based learning. You can download the courses on any Internet-enabled device and study on the go.  

For value for money, the best online Wisconsin real estate license course is provided by RealEstateU. Their courses are designed by top professionals in this field and are therefore of the highest quality. 

This study guide reduces study time by almost 90% and has practice questions that replicate those given in the licensing exam. You can thus prepare better and face the licensing exam with a great deal of confidence. 

However, what sets this DSPS-approved online course apart from others is the cost which starts at a very affordable $199 only.

The following subjects are covered by the 72-hour real estate course in Wisconsin.

• Real estate business
• Real estate brokerage
• Listing agreements
• Legal descriptions
• Taxes and other liens
• Real estate finance
• Valuation
• Investment
• Fair housing

Yes, you can complete the entire 72-hour WI real estate license course online but first ensure that the selected course is DSPS-approved. Online courses are cheaper too, starting at a low $199.

Real estate agents in Wisconsin earn about $103,697 per year. However, the salary differs from city to city. 

• Milwaukee, WI: $107,352 per year
• Madison, WI: $106,353 per year
• Brookfield, WI: $100,724 per year
• Appleton, WI: $96,847 per year
• Sun Prairie, WI: $93,014 per year

The Wisconsin Department of Safety and Professional Services (DSPS) is the controlling body that issues real estate licenses in the state.

Any real estate professional in Wisconsin who is a member of the National Association of Realtors is called a realtor.

You need a real estate license to sell, buy, lease, or rent real estate properties on behalf of clients in WI for a fee.

Yes, a real estate license in WI allows you to work in any city in the State without restrictions.

You must pass the Wisconsin State Real Estate Licensing Exam to get a real estate license in the state. The exam is of 4 hours duration and you must secure a 75% grade to pass the test. You must apply for a license within one year of passing the exam.

A real estate salesperson is the first step to a career in this field. However, you must work under a broker to get an active license and cannot start your own business or open a real estate company. 

To become a broker, an agent must have a few years of experience in the industry and complete pre-licensing courses. They must also pass a broker’s licensing exam to become a broker in Wisconsin. They can then start their own business or brokerage firm and hire real estate agents to work for them.

Yes, a convicted felon can get a real estate license in Wisconsin subject to the following conditions.

• The felony conviction has been pardoned, reversed, set aside, or expunged 
• Three years at a minimum has passed since the end of the sentence, release on parole, or release upon completion of the sentence 
• The applicant discloses all criminal history and background information on the application 
• The applicant provides papers to support all facts 

The applicant must apply with these proofs to the Real Estate Examining Board (REEB) for a determination of suitability.