How to Get a Real Estate License in Michigan
Michigan requires only 40 hours of pre-licensing education and uses a three-year license renewal cycle. The Department of Licensing and Regulatory Affairs (LARA) manages real estat…
Michigan requires only 40 hours of pre-licensing education and uses a three-year license renewal cycle. The Department of Licensing and Regulatory Affairs (LARA) manages real estate licensing for the state. Michigan's market is one of the most geographically diverse in the country: the recovering Detroit metro has seen significant revitalization and price appreciation in certain neighborhoods, while northern Lower Peninsula and Upper Peninsula markets are driven by seasonal tourism, vacation property demand, and outdoor recreation. Traverse City, in particular, has become a surprisingly competitive resort market drawing buyers from Chicago and the Detroit area.
Michigan — At a Glance
Pre-License Hours
40 hrs
Minimum Age
18 yrs
Exam Provider
PSI
Renewal
Every 3 yrs
CE at Renewal
18 hrs
Est. Total Cost
$300–$900