Which of the following individuals may not need an Indiana real estate license under certain conditions?
provide the buyer with the disclosure form because the contract is not enforceable until there is a signed form by owner and prospective buyer. The following individual would NOT need a real estate license: A full-time employee of a builder who conducts open houses on the builder’s model homes.
Which of the following does not fall under the exceptions to requiring a real estate license in Indiana?
Which of the following does not fall under the exceptions to requiring a real estate license in Indiana? Real Estate Commission. Why can a licensed auctioneer sell property at a public auction without a real estate license?
Which of the following is a requirement for obtaining a real estate license in Indiana?
What requirements must I meet to apply for a real estate license? You must be at least 18 years of age, have a high school diploma or GED, complete an approved 90 hour real estate pre-licensing course, and pass the licensing examination.
Which individual must hold an active real estate license?
Sales staff must hold active real estate licenses to be paid commission. The sales staff is exempt from licensure if paid strictly on a salaried basis.
Is the Indiana real estate exam hard?
The real estate exam is a knowledge test. It does not test applicants on information that they will intuitively know. In other words, you must study to pass this exam. … With proper preparation, the real estate exam is not that hard.
Which of the following activities would require an Indiana real estate license?
Which of the following activities would require an Indiana real estate license? Full-time salaried employee of the owner who collects building rent on behalf of the owner. Company that offers Indiana real estate for sale in other states. Auctioneer that sells real estate at public auction.
How many times can you take the Indiana real estate exam?
You are allowed three attempts to pass both the national and state law portions of the exam. If you do not both portions after three attempts, you must take 30 or 60 hours of additional education in order to retake the licensing exam.
Can you take the Indiana real estate exam online?
The Indiana Real Estate commission has announced the option of taking the licensing exam remotely instead of at a physical testing center location. PSI will still have in-person on site testing still available for those students who wish to take the exam in-person instead of online.
How much is the Indiana real estate exam?
The Indiana state exam costs $61 and to activate your license costs $60. Pre-Licensing coursework pricing with The CE Shop starts at $489. After coursework, application, and activation fees, you will join a board of realtors and depending on the association you join it could be up to $1,500.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.
How much does a real estate license cost?
Estimated cost: $325+
Your real estate license application fee will generally cost around $25. You will also have to pay for fingerprinting and a background check. These will cost about $100 altogether. The actual state exam fee will vary, but it is generally less than $50.
How long is the Indiana real estate exam?
For the broker exam you are allowed 2 1/2 hours for the national portion and 90 minutes for the state portion, for a total of 4 hours.