Louisiana Real Estate Requirements
Article Summary: This article provides insight and information for anyone interested in obtaining a salesperson real estate license in Louisiana. Summaries below include insight into the governing Commission, pre-license requirements, education, examination and continuing education.
The governing agency of all real estate licenses in the state of Louisiana is the Louisiana Real Estate Commission located in Baton Rouge, LA. According to the Commission, their purpose is to “regulate the mode and manner of conducting the affairs and business of the real estate.” Their aim is to protect public interest within the industry.
Some of the general requirements to comply with the Real Estate License Requirements in the state include an individual being at least 18 years of age or older and having a GED or high school diploma. When it comes to pre-licensing education, one must complete 90 hours in courses that are approved by the LREC. There is a list of requirements for courses and approved state-certified real estate schools listed on the Commission’s website.
An applicant is required to pass a background check. Each person must submit their fingerprints to Clearnbox, LLC, which the LRES contracts to take care of criminal background history checks.
PSI is the company that is responsible for administering the licensing exam within the state. More information can be found on their website. The Louisiana Real Estate License exam has a passing score of 75% or higher.
Each applicant must find a licensed broker to be sponsored by before getting their real estate license. They also must provide proof of mandatory errors and omissions insurance before a license is issued.
Within 180 days of passing the salesperson licensing exam, all initial licensees are required to complete 45 post-license education hours listed by the LREC. These can be taken in person or online. The LREC mandates each licensee to complete 12 hours of continuing education each year before submitting for license renewal.
To pursue a Broker license in LA, an applicant must be actively licensed as a salesperson for at least four years and successfully complete 150 classroom hours of education approved by LREC before passing the broker’s exam.
Louisiana Real Estate License Requirements
The Louisiana Real Estate Commission only accepts realtors who are ethical, moral, and educated. It’s why the requirements for becoming a licensed realtor here are so strict. They require being able to meet a minimum number of expectations before you even begin the process of applying for a real estate license and the coursework involved in obtaining a license. You must be at least 18 with at least a high school diploma or GED. You must be able to pass a criminal background check, and you must have a licensed real estate broker sponsor you for an application by giving you employment. Then you can start the rest of the process.
All people hoping to obtain a real estate salesperson license in Louisiana must take 90-hours of real estate classes prior to taking the state exam. These classes are offered online and in person, but you must take courses at an LREC-approved facility. Online or in person classes are a personal choice for everyone looking to obtain their license. All you have to do is pass the class and receive certification as proof, and you need to pay the fees. There is no set fee for the course. It depends on how and where you take it.
Once you pass the classes required, you can apply to take the state exam. Before you do that, however, you do need to submit an application for a criminal background check with the LREC. Depending on where you do this, you have to pay fees. Once this is submitted, you can take the exam. The exam costs $90 each time you take it. You can take it as many times as you need to pass, but each time it’s $90.
When you pass the state exam, you can apply for a license if you pass your criminal background check. Your sponsored broker needs to sign the application for you, and you need to pay the fee that is required. It’s $45 to send in the application. Once it is approved, you will receive notification in the mail that you’re now a legal licensed real estate agent in Louisiana. Following your licensure, you are required to keep up with your own continuing education and license renewal each time it’s up. Failing to do so will cause your license to become inactive so you can’t practice.
Disclosure :: Please be aware that these requirements change from time to time, we do our best to monitor the changes but it is always best to go to the source to confirm the requirements!