Working as a real estate agent in Indiana promises a flexible schedule and the thrill of helping people realize their dreams of homeownership. You can consider this gig a profitable side hustle, still working full-time, or explore becoming a real estate agent as a long-term career.
The biggest question beginner real estate agents have is where to begin.
This detailed guide will answer that and related questions about launching a successful career as a real estate agent, including the necessary qualifications, education, and state guidelines you must know.
Getting a Real Estate License in Indiana
As a real estate broker in Indiana, you can assist interested parties in buying and selling homes and other property, receiving a paid commission for your involvement. You can work independently as a broker or be hired by a real estate agency.
The difference between a real estate broker and a real estate agent is brokers can earn commissions from their associated parties. You only get a cut of the commission, but it’s more than real estate agents get.
Here is a brief overview of the required steps to become an Indiana real estate broker, with a more detailed explanation of each to follow.
- Enroll in pre-licensing education at an approved institution for at least 90 hours.
- Take the Indiana Real Estate Examination and pass.
- Find a sponsoring broker to work with.
- Fill out your broker license application.
- Take a broker post-licensing course.
What disqualifies you from being a real estate agent? A criminal conviction can preclude you from being eligible to apply.
Primary Qualifications For Earning a Real Estate License
Before researching schools for real estate licenses, ensure you meet Indiana’s requirements for a real estate agency.
Requisite Age and Basic Educational Criteria
You must be at least 18 years old to apply for a real estate license in Indiana. You must also have a high school GED, with no higher education degree required.
Can you do real estate when in college? If you can balance the course load of both, yes!
Real Estate School Pre-Licensing Tuition
Tuition costs vary but start as low as $500, with costlier tuition priced at over $700. This makes entry into a real estate school affordable for most aspiring brokers.
Real Estate Background Check Requirements (Fingerprint Locations)
Brokers in Indiana do not require a fingerprint for their background checks. This is another reduced barrier to entry.