How to Get a Montana Real Estate Broker License

Written by: Mary Gerardine

Cartoon woman holding a Montana Real Estate Broker License sign

    Becoming a Montana real estate broker is a strong step forward in your career. Not only does this advanced license look great on a resume, it also allows you to work independently, open real estate brokerage firms, and manage other agents within these firms.

    Getting the Montana Real Estate Broker License is a fairly simple process, but it does require you to complete five steps, and have a few prerequisites before applying or taking the broker’s exam.

    This guide covers all of these requirements in a simple, easy to understand way that will make it easier for you throughout this process.

     

    Montana Real Estate Agent vs Real Estate Broker

    Montana offers two different types of real estate license: Sales and Broker.

    sales agent’s license is the initial license that real estate agents get in order to sell real estate.

    A broker’s license is an advanced license that allows the license holder to operate at a higher level within real estate businesses in Montana.

    People often confuse sales agents and brokers. A simple way to look at the difference is that holders of the sales agent’s license are called real estate agents, while holders of the broker’s license are called real estate brokers.

    If you are working towards getting your first license, check out our Montana Real Estate License guide. If you’re working on the Montana real estate broker license, keep reading this page!

     

    Montana Real Estate Broker License Requirements

    First, to be eligible for a real estate broker’s license, you must meet the prerequisites to become a real estate broker in Montana.

    These prerequisites are:

    • Be a citizen and resident of Montana
    • Have graduated from an accredited high school (or the equivalent)
    • Have completed at least 60 hours of pre-licensing education in the last year and a half
    • Have completed 30 experience points

    You also have to complete 60 hours of pre-licensure coursework before you can apply for your license. You’ll need to pass the pre-license exam (which is not proctored) and a state exam before you can get your license.

    Montana requires you to have 30 experience points for transactions within the last 36 months before you can seek a broker’s license.

     

    How to Become a Real Estate Broker in Montana

    Once you meet all the requirements listed above, you can follow these five steps to easily help you get your real estate broker license in Montana.

    Step 1: Complete a Montana Broker Pre-Licensing Course

    The first step to getting your real estate broker license in Montana is to take 60 hours of pre-licensing coursework.

    Recommended Course:

    We recommend Colibri Real Estate for real estate pre-license courses in Montana.
    4.3 out of 5 starsColibri Real Estate

    These real estate courses mostly cover the fundamentals of working in real estate and must be completed before seeking your broker’s license application. This requirement is divided into two sections:

    There are 60 classroom hours of required qualifying real estate courses. Some of the classwork may cover:

    • Leadership
    • Management skills
    • Brokerage relationships
    • Broker agreements, contracts, and advertising
    • Property management
    • Residential landlord and tenant law 1977

    Your broker pre-license courses must also include another 12 hours of approved Continuing Education (CE) courses.

    Note:

    These approved CE courses need to be completed annually.

    Montana offers no reciprocity for previously earned broker licensing, but you can still submit an application with your license verification to see if it will be accepted. You will likely still need to pass the Montana portion of your licensing examination before you can get your license approved.

    After completing the courses, you must also pass the final broker course exam. The minimum passing grade is 70%. The final pre-license exam is to be supervised by a proctor, whether on-site or online. This is not the same as the state broker exam.

    After passing your broker course exam, your pre-license education provider will provide you with your course completion documents. You will submit your course completion documents during your license application.

     

    Step 2: Submit a Montana Broker License Application

    Once you meet the broker pre-licensing education requirements and pass the course exam, you can now apply for your license.

    To submit your broker license application, you can apply via Montana’s eBiz Online system or mailThe application fee is $90.

    When you submit your document, you will need to have met all licensing requirements. You’ll need to show that you completed approved pre-licensing courses, have the correct experience points and have passed the pre-licensing exam. Make sure to get your supervising broker’s certification verifying that you have closed the necessary successful transactions within the past 36 months.

     

    Step 3: Get a Fingerprint-Based Background Check

    After submitting your license application, you must have a fingerprint-based background check. You must submit your fingerprints to the Montana Business Standards Division online or on paper and submit a $30 fingerprinting service fee. You can get your fingerprinting done at any participating local law enforcement agency, which can send the prints on to your board or program within 4-8 weeks.

    The other option is to visit the Montana Department of Justice, Division of Criminal Investigations – Criminal Records with an appointment. Your results can be sent within 3-5 business days if you go to Helena to get your fingerprints done.

    Note:

    If you aren’t sure whether you qualify for a real estate broker license based on your history, check out our article on Real Estate License Eligibility.

     

    Step 4: Pass the Montana Real Estate Broker Exam

    After completing the steps above, you must take the real estate broker licensing exam via PSI.

    The fee for the real estate broker exam is $106.

    In Montana, there are two parts to the broker examination. The first is 90 minutes and covers state information. The second is a national exam that takes 120 minutes.

    The passing rate is 75-80% for the Montana Real Estate Broker Exam. There are 115 questions40 on Montana law and 75 on national law.

    The Montana Board of Realty Regulation (MBRR) doesn’t limit how many times you can take the examination, but you will need to pass within two years of your pre-licensure course. If you don’t, the previous coursework will expire.

    For more information on the exam, PSI provides a Candidate Handbook containing the Montana Real Estate Broker Exam Content Outline.

    Taking an exam prep course provides you helpful tools and materials, such as quizzes and specific state-only practice exams, to increase your chances of passing your broker license exam the first time.

     

    Step 5: Application Review

    After passing your broker exam, you will get your results right away to know if you passed or not. You will have to wait for your license to be issued.

    Usually, it only takes between 5-10 business days to get your certification or license. If you haven’t seen it come through, contact MBRR at (406) 444-6880 or reach out by email to dlibsdhelp@mt.gov.

     

    Congratulations!

    Now that you’ve successfully passed the broker licensing exam and obtained your license, there are a few things you need to do to keep your broker license active and updated.

     

    Montana Real Estate Broker License Renewal and CE

    In Montana, you must renew your real estate broker license every year by October 31. You have to complete an additional 12 hours of continuing education. You cannot receive duplicate credit for completing the same course within a licensing year. The coursework you may complete includes topics such as:

    • Hot topics in real estate
    • Property inspection issues
    • Sex and real estate (sexual harassment, discrimination and fair housing)
    • Breaking barriers, fair housing
    • Ethical excellence
    • Assistance animals and fair housing
    • Safeguarding your transactions

    Renewals open 60 days before the expiration of your license. You will submit your completed documentation through Montana’s eBiz system.




    Montana Real Estate Broker License FAQ

    How much does it cost to get a real estate broker license in Montana?

    The costs of getting a real estate broker license in Montana can range between $435 and $625.

    The cost breakdown is as follows:

    Pre-license education courses: $209-$399

    Application fee: $90

    Fingerprint-based background check: $30

    Broker exam fee: $106

     

    How long does it take to get a real estate broker license?

    The steps that typically take the most time when getting a broker license include taking pre-license education courses and exams. The average amount of time to get a broker license is generally three to six months.

     

    What is the difference between a real estate agent and a real estate broker?

    Real estate agents focus on working with clients on individual real estate transactions, while real estate brokers have more experience with the added responsibility of managing a team of real estate agents or brokerage business.

    See our Real Estate Agent vs Broker vs Realtor page for more information.

     

    How much does a real estate broker make?

    Real estate brokers get paid just like real estate agents by earning commissions on their agents’ sales. Brokers can also charge the real estate agents they manage with a fixed monthly fee or have the option to earn money on commission sales by helping their own clients buy and sell property. According to Payscale data, brokers earn $61,314 per year in base salary, with anywhere between $10,000 and $147,000 in commissions. The Bureau of Labor Statistics (BLS) indicates that the median broker salary is $62,010.

     

    How do I get a job as a real estate broker in Montana?

    Browse through available real estate broker jobs in your area using our StateRequirement Job Board!




    MTBRR – Montana Board of Realty Regulation

    Physical Address:

    Montana Board of Realty Regulation
    301 S. Park Ave., Fourth Floor
    Helena, MT 59601

    Mailing Address:

    P.O. Box 200513
    Helena, MT 59620

    Phone: (406) 444-6880

    Emaildlibsdhelp@mt.gov 

    Websitehttp://www.realestate.mt.gov/




    Information on this page has been gathered by a multitude of sources and was most recently updated in October 2022.

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