2019 Legacy Training and Education Center

Outlined below is a list of things you will need to do to get your Iowa Real Estate license. Keep in mind there is no exact order in which to complete the below requirements but there are strictly enforced timelines. Make sure to have a plan!

  • A salesperson must be assigned to a licensed broker or firm and cannot conduct business independently.

  •  You must be 18 years of age or older.

  • An applicant is not ineligible because of race, color, religion, sex, national origin, disability, residency or citizenship although the application form may require citizenship information.

  • You must not have had an application rejected for licensure in this or any other state within twelve months prior to the date of application, and whose real estate license has not been revoked in this or any other state within two years prior to the date of application.

A Background check must be completed: 

  • You do not need to wait for your background check to be approved to send in your license application.

  • Once the background check has been reviewed by the commission the report is only valid for 210 days.

  • An applicant for a real estate salesperson license who has been convicted of forgery, embezzlement, obtaining money under false pretenses, theft, extortion, conspiracy to defraud, or another similar offense, or of any crime involving moral turpitude, in a court of competent jurisdiction in this state or in any other state, jurisdiction, territory, or district of the United States, or in any foreign jurisdiction, may be denied a license by the commission on the grounds of the conviction.

  • “Conviction” is defined in Iowa Code section 543B.15(3) and rule 193E—2.1(543B).

  Pass the Iowa Licensing Exam

The licensing exam costs $95 and is comprised of the following sections, with a required minimum score for each section. If you fail to pass any part of the exam (state or national or both) you must take the test again and pass to be able to obtain your real estate license. The $95 fee is applicable each time you must take the test.

 

Items to consider for Licensing Exam

PSI Examination Services administers the exam at different locations throughout the state.  

Do not register for your exam until you have a completion certificate for the Commission-approved 60-hour Pre-License course. Your certificate will be issued by Legacy Training Center LLC.

If you pass the examination, you will receive a real estate license application form with your score report. You are responsible for submitting your application to the Iowa Real Estate Commission no later than the last working day of the sixth month after the qualifying examination date.

If you do not pass, you must retake the examination before you can be licensed. Submit a new registration form and the appropriate fee to PSI and schedule an appointment to retake the examination.

If you need a practice exam Legacy Training Center can provide one at an estimated cost of $25.00

A new licensing applicant must also provide copies of completion certificates for 36 additional hours of pre-license education. 96 total hours including these 60 hours. 

This course work must be completed during the 12 months prior to license application. This education is in addition to the 60–hour salesperson pre-license course. These courses can be taken in any order.

 When applying for a license you need to submit the following:

  • Complete and notarized Iowa Real Estate Commission-provided application. You must have your signature notarized on the license application form.

  • Completed background check submitted to the Iowa Real Estate Commission.

  • A license fee of $125.

  • A passing notice from the PSI Examination Services.

  • Proof of completion of the 60-hour pre-license course in the form of a completion certificate. (completed during the 12 months prior to license application)

  • Proof of completion of the approved additional 36-hour pre-license course work in the form of a completion certificate (completed during the 12 months prior to license application).

  • Proof of Errors and Omissions insurance.

  • You must provide the signature of your employing broker on your license application form.

For questions regarding licensing, please contact:

Iowa Real Estate Commission
200 E. Grand Suite 350
Des Moines, IA  50309
https://plb.iowa.gov/
515-725-9027

Consider Joining National, State and Local Association of REALTORS. Some brokerages may require it.