Real Estate Licensing Requirements 

Steps Required to Get Your Real Estate License in Indiana

Take the 90 hour broker pre-licensing course: At the Tucker School of Real Estate, you will need take three multiple choice question tests (each worth 100 points) in the pre-licensing class, and you have to accumulate a total of 225 points in order to pass (an average of 75 points per exam).

Pass the Indiana Real Estate State Exam: Held by the state's chosen testing company, Pearson Vue. Click here to sign up for and find more information about the state exam. Click here for a candidate handbook regarding taking the state exam.  The exam is made up of two parts - a General portion and a License Law portion.  Your one exam appointment will include both exams.  The state exam is $55 each time you take it. You will need a score of 75% on each part to pass and be able to apply for your license with the state. 

Start interviewing with brokerages you are interested in: It’s ideal to choose a place that will put you through training and has managers who can guide and support you. You will need to find out commission splits and any other fees during your interviews. 

You MUST work under a broker for your first 3 years: This is required of you to be an active agent and participate in real estate transactions. You will list your broker on your application for your license.   If you don't know what brokerage you want to join yet you can apply into UNASSIGNED status while you decide.

Once you are ready to process your license with a brokerage, you will pay $60 to the Indiana Professional Licensing Agency to process your application and activate your license. You will have one year to do this or the Real Estate Commission will hold your license inactive until you decide where to place it.

After you choose a brokerage, you will need to join your board of realtors. In the Indy metro area, this board is the Metropolitan Indianapolis Board of Realtors (MIBOR). With MIBOR, you will pay a one time $400 application fee, along with pro-rated membership and technology dues. The dues are $760 a year and technology fees are $456 a year (or $245.50 twice a year). 

NOTE: MIBOR fees are set by MIBOR, and the Tucker School, nor any Brokerage, has control over those fees.  Fees are subject to change, so please visit MIBOR.com, or the website for your local association, for the most up to date information.

Good to Know 

In Indiana, the term Broker and Real Estate Agent are synonymous.  

You must be 18 years of age and have received a high school diploma or equivalent to apply for your license with the state of Indiana. 

Indiana Law provides that all residents of the state (and some non-residents) have the opportunity to earn an Indiana Real Estate license provided they have a high school diploma or a General Education diploma and have successfully completed other educational and testing requirements.

An exception to this rule exists dealing with individuals convicted of crimes that might have a bearing on that individual’s ability to be fair, safe, and honest with members of the public.

If an applicant has a previous felony conviction, and especially if that individual is currently on probation for that offense, the Tucker School of Real Estate encourages the applicant to contact the Indiana Professional Licensing Agency for counsel prior to enrolling in a pre-licensing class.

License Reciprocity Information

If you have a real estate license in another state and would like reciprocity with Indiana, please call the IPLA at
317-232-2960 to see if your State will qualify. You will need to contact your current state licensing agency to get a “letter of good standing”, which will show your issuance date, expiration date and any disciplinary action status. You will turn this in with your Application for Licensure as a Real Estate Broker.