With the housing market well on the way to complete recovery, many licensees making the move to become a real estate broker in Wisconsin. After all, one of the benefits of a forming a career in real estate is the control it allows you in shaping your personal success. The step towards becoming a broker is the beginning of an exciting new chapter in the life of a real estate professional. There is no need to wait for a promotion. A real estate licensee is able to simply make the decision to sign up for broker training and the state exam. Once this decision has been made, it may be only a matter of weeks before you are working as a Wisconsin broker. Real estate sales associates in Wisconsin who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state’s requirements for licensure.
Wisconsin Real Estate License Requirements
- Courses: complete a 36-hour course of approved trainings from an approved Wisconsin school
- Complete 72-hour salesperson trainings in not licensed in Wisconsin, or show 20 academic semester-hours credit in real estate or real estate related law completed at an accredited institution of higher education
- Reciprocity Course: with an active broker’s license in another state during 2 years, you may take the Wisconsin Reciprocity Course through the Wisconsin Realtors Association prior to taking the real estate broker’s exam.
Wisconsin Reciprocal Agreements
Currently, the state of Wisconsin has reciprocity agreements in place with:
- New York
- North Carolina
- South Carolina
Real Estate Broker Licensure Exam in Wisconsin
There are 100 questions in both parts of Wisconsin Real Estate Broker Exam. You have to answer 75 questions correctly to pass the exam. You will have more than 3 hours to complete the test.
Visit pearsonvue.com to get all information you need for the Real Estate Broker Exam in Wisconsin.
You will take the exam on a computer and you will be able to see your results when you finish it. You can take a non-programmable calculator with you to the exam place and two forms of identification.
$69 is the registration fee required for the Real Estate Broker Exam in Wisconsin.
Real Estate Broker Software
The Right Tools
The most professional real estate workers often require software to efficiently sort through paper work. It has been pointed out that good software such as Brokermint can transform a real estate business for the better. Back office software should be able to create a consistent and manageable flow from lead generation to closing and accounting. It should be able to cross integrate with Contact Management systems (CRM), MLS and Accounting Packages. The main goal of this type of software is to help real estate experts save time managing day-to-day operations, get instant visibility on production data and remain in compliance with regulations.
Software like Brokermint perfectly fits for small companies that recently started their real estate business.
There are other tools that are useful to real estate agents. Having a strong social media presence through sites such as Facebook or LinkedIn can come in very handy in attracting potential customers. Also consider using Zillow and Trulia. These websites help track information on available real estate properties in local areas. Be sure to familiarize yourself with the kinds of tools that real estate brokers need to work in the field. It is a necessity to feel prepared in this business.
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