Who sets a broker’s license renewal date in indiana?

You can renew your Indiana real estate broker license at the state's online portal mylicense.in.gov, or you can print the real estate broker renewal form and mail it in. Renewing your broker license has a $60.00 fee.

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How much does it cost to renew my IN real estate license?

It cost $60.00 to renew your Indiana real estate broker license. If your renewal is late, you will need to include a $50 late fee.

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How often do I have to renew my IN real estate broker license?

Indiana renews their broker’s licenses in three-year cycles. The Commission typically opens the renewal period in March for any licenses set to expire on June 30th a given year. You will be notified that you need to renew your license by email.

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What are the CE requirements for first-time renewals in IN?

You will need to take a Commission-approved post-licensing course of 30 hours within the first two years of receiving your active license. You will then need to complete an additional 12 hours of continuing education in your third year.

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What are the CE requirements for inactive licensees in Indian?

If your real estate broker license is classified inactive, you do not need to take the continuing education courses.

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What are the Indiana CE requirements for active licensees?

Active broker’s licenses are required to take 12 hours of continuing education each year in the three-year renewal cycle.

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How do I renew an inactive IN real estate license?

You renew an inactive Indiana real estate broker license by completing the same renewal forms as an active license. You can go through the renewal process online or by printing and mailing in this form.

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How soon can I renew my IN real estate license?

The Commission will send you an email when it is your time to renew your real estate license. The email will contain information about the renewal window. You must submit your renewal application within this time, or your license will become inactive. You will also owe a late fee if you submit after the window closes.

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What qualifies as a waiver for continuing education requirements?

You can receive a continuing education requirement waiver if you happened to serve in the armed forces or had an incapacitating illness for at least one full year of the three-year licensure period.

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What happens if I do not renew my IN license on time?

If you do not renew your Indiana license on time, it will be reclassified as an inactive license, and you will not be able to legally act as a real estate broker. If you submitted your application late, you will have to pay a $50 late fee.

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How do I reinstate an expired Indiana real estate license?

You can reinstate your broker license by submitting an application for reinstatement. You will need to make sure you meet the licensing requirements, such as fulfilling your continuing education demands. There is a $60 renewal fee. However, if your license has been expired for three years or more, the fee is $120.

In some ways, having a license with the Indiana Real Estate Commission is ideal. You don’t have to renew very frequently and when you do, the associated fees are pretty affordable. The only issue is that knowing what you need to do when can get a little complicated.

If you hold an Indiana real estate broker or managing broker license, you need to contend with separate deadlines for your license renewal and your continuing education (CE). Fortunately, once you know what’s required and the applicable due dates, it can be fairly simple. 

To help there, we laid out everything Indiana real estate brokers need to know about getting CE and renewing their licenses. 

When to renew your Indiana real estate license

First, let’s talk about your renewal deadline. You need to get all of your renewal steps completed every three years. Your license expires triennially on its initial expiration date, so check your license and mark down that deadline. 

All this said, that doesn’t mean you can push your license requirements to the back burner for the years between renewal. The Commission also puts a yearly to-do on your desk: getting CE. 

The continuing education requirement

As we mentioned before, while you only have to renew every three years, you need to get CE done annually. Specifically, all licensed real estate brokers in Indiana need 12 hours of CE every year between July 1 and June 30.

If you’re a managing broker, you also need four of your 12 hours to focus specifically on managing broker education. Fortunately, you can find 12-hour CE courses that fulfill all of the requirements for your specific license type. 

For the hours to count, they need to get Commission approval and center on specific topics like the subjects listed in section 25-34.1-9-11(a) of the Indiana Code. 

While 12 hours a year can feel like a hassle, it’s fortunately gotten easier to meet this requirement. Now, the Commission approves online, on-demand Indiana real estate broker CE. This lets you make progress toward your yearly CE requirement whenever and wherever it’s convenient for you. 

A quick note on post-licensing education

Don’t confuse the continuing education requirement with the separate post-license education requirement. This rule requires all brokers licensed after 2014 to complete 30 hours of post-license education within two years of getting licensed. 

Submitting your renewal

Assuming you’ve completed the 12 required hours of CE annually, you’ll be eligible to renew your license via mail or online. However you choose to renew, the fee is $60 (assuming you get everything in on time). 

If you choose the mail route, include the completed renewal form and your $60 check or money order made payable to “Indiana Professional Licensing Agency.”

If you renew online, you can pay via a card. For help getting your account set up, here’s a guide video from the state. 

If you need any help during the process or have any questions, you can reach out to the Commission at [email protected]

How to schedule Indiana real estate exam?

You may either schedule via the Internet at https://www.psiexams.com/inre, or schedule over the telephone at (855) 746-8172. Take your examination: You must provide 2 forms of identification.

Can I still renew my insurance license after it expires in Indiana?

Step 3: Pay the Indiana Insurance License Renewal Fee The renewal fee is $40 per line of authority. There are no late renewal fees because Indiana doesn't allow renewals after the expiration date.

What's considered a passing score on the Indiana broker's license exam?

In order to pass the Indiana real estate exam, you'll need a score of at least 75%. Passing the exam is much less stressful for anyone who has completed an Exam Prep course.

When the Indiana real estate Commission decides to examine the records of a broker how much advance notice of the examination must be given to the broker?

The brokerage must provide its records for inspection within 24 hours. The brokerage is obligated to produce its records upon request by the commission.