Obtaining a Wisconsin Real Estate Broker License is crucial if you’re looking to advance your real estate career. Despite the streamlined online application process, many aspiring real estate brokers find the requirements and procedures complex and challenging.
This How to Get a Broker License in Wisconsin article will guide you through each step of the process, ensuring you have a clear understanding of what it takes to achieve this license and elevate your real estate career as quickly as possible.
Recommended: Interested in getting started? We recommend The CE Shop’s online pre licensing education packages due to their high-quality study resources, money-back-guarantee, and flexible pricing.
Wisconsin Real Estate Broker License
In order to get your Wisconsin real estate broker license and take your career to the next level, there are several key steps you’ll need to complete, including:
- Ensuring You Meet the Eligibility and Experience Requirements
- Completing the Mandatory Pre-Licensing Education
- Passing the Wisconsin Broker Licensing Exam
- Submitting a License Application
In the sections below, we’ve explored each of these steps in more detail.
Note: If you’re just starting out, you’ll need to check out our Wisconsin Real Estate License guide instead.
Step 1: Meet the Wisconsin Eligibility and Experience Requirements
Before proceeding with the application process for your Wisconsin real estate broker license, you’ll need to first make sure that you meet the general prerequisites outlined in Chapter REEB 24 of the Wisconsin Administrative Code:
- You must have at least two years of experience within the past four years as a licensed salesperson, directly supervised by a licensed broker (excluding any apprenticeship periods)
- You must have accumulated at least 40 points of qualifying transactions over the last four years, with each commercial transaction contributing 10 points, each residential transaction adding 5 points, each property management contract earning 0.5 points per month, and each timeshare transaction contributing 1 point
Wisconsin maintains reciprocal licensing agreements for real estate professionals with the states of Illinois and Indiana, as detailed under Wis. Admin. Code § REEB 12.017(4).
If you currently hold an active real estate broker license in either of those states, you should contact the Wisconsin Department of Safety and Professional Services (DSPS) directly at (608) 266-2112 for more information.
Note: A criminal conviction will not automatically disqualify you from obtaining a real estate broker license. DSPS reviews each application on a case-by-case basis, considering the relevance of the crime to the real estate profession, the time elapsed since the offense, and any evidence of rehabilitation.
Step 2: Complete the Mandatory Pre-Licensing Education
Beyond the general requirements mentioned earlier, you must also fulfill specific educational prerequisites to be able to apply for a Wisconsin real estate broker license.
In particular, this will involve completing one of the following educational prerequisites:
- A 72-hour pre license course for brokers, completed within the four years prior to submitting your application (refer to Wis. Admin. Code § REEB 25.023 for details)
- 20 academic semester-hour credits in real estate or real estate-related law from an accredited institution
- A current license to practice law in Wisconsin
Important
Even though completing a course is mandatory, it would be a mistake to think of it as just “checking a box”. This is because your pre-licensing education is what will prepare you to both pass your exam and become a licensed broker.
For this reason, we always encourage our readers to invest in high-quality and reliable courses, as their study materials (like real estate practice tests and flashcards) can be invaluable during the exam prep stage.
Recommended Course
Interested in getting started? We recommend The CE Shop’s online pre licensing education packages due to their high-quality study resources, money-back-guarantee, and flexible pricing.
Note: Even though you are required to complete one of the educational prerequisites to submit your Wisconsin real estate broker license application, this does not necessarily need to be done before taking the exam — although this is recommended.
Step 3: Pass the Broker Licensing Exam
Wisconsin’s broker exam is 3.25 hours (three hours and 15 minutes) long, is administered by Pearson VUE, and consists of 100 scored questions plus an additional five to 10 unscored pretest questions.
In order to schedule your real estate broker exam, you’ll need to make an online reservation using the Pearson VUE website. Note that you’ll need to create an account for this service if this is your first time using it, after which you’ll be shown step-by-step instructions on how to complete your reservation.
The Wisconsin Department of Safety & Professional Services has set the passing score at 75%, meaning that if you score below this threshold, you will need to retake the examination; you can do this an unlimited number of times in Wisconsin.
Note: Keep in mind that your exam results will remain valid for a period of one year, and so you will need to submit your license application to the DSPS within this period to avoid having to retake the exam.
Step 4: Submit a License Application
After completing your pre-licensing education and ensuring that you satisfy all other licensing requirements, you’ll be ready to move on to submitting your license application.
To do this, you will need to visit the Wisconsin Department of Safety and Professional Services’ LicensE website and submit your broker application along with a $60 processing fee.
You will also need to attach the following documents in order for your application to be processed:
- A copy of your passing exam results
- Your completed pre-licensing education
Note: Non-resident applicants should be aware that, in addition to the required documents, they will need to submit Form 813: Irrevocable Consent for Nonresidents, which grants legal consent for Wisconsin to have jurisdiction in any legal matters related to their real estate activities within the state.
Step 5: Application Review
If you’ve managed to get this far, congratulations!
The Wisconsin Department of Safety and Professional Services typically processes applications within 5 business days, after which your licensing document will be issued.
Having said that, processing times may occasionally be extended due to high application volumes or the need for further review.
Be sure to take some time to celebrate your accomplishment. You’ve put in a lot of work and effort and deserve a celebration!
Wisconsin Real Estate License Renewal
In order to keep your real estate broker license valid, you’ll need to renew it every two years.
This can be completed in one of three ways: either online through the LicensE portal, by email at DSPSRenewal@wisconsin.gov, or by calling the Department directly at (608) 266-2112. Keep in mind that the renewal process incurs a $60 fee.
As part of the renewal process, you will also be required to complete 18 hours of continuing education, consisting of 12 hours of mandatory content and six hours of elective content, all approved by the Wisconsin Real Estate Examining Board.
The mandatory hours cover topics such as Wisconsin agency law, disciplinary actions by the Wisconsin Department of Safety and Professional Services, commissions in agency agreements, legislative updates, and fair housing in real estate transactions.
For the elective hours, you can choose from pre-approved topics like short sales and foreclosures, changing a property’s use, or drafting contracts in real estate transactions.
We always encourage our readers to think of the post licensing course they take as an investment in their future career — higher quality, more reliable course content is a central part of ensuring you continue to grow professionally.
Recommended: Interested in getting started? We recommend The CE Shop’s online post-licensing education packages due to their high-quality study resources, money-back guarantee, and flexible pricing.
Wisconsin Department of Safety and Professional Services
Mailing Address:
Wisconsin Real Estate Commission
Hill Farms State Office Building
4822 Madison Yards Way
Madison, WI 53705
Hours: Monday to Friday, 7:45 am-12:30 pm
Phone: (608) 266-2112
Email: dsps@wisconsin.gov
Website: https://dsps.wi.gov/Pages/Professions/REBroker/Default.aspx
Wisconsin Real Estate Broker License FAQ
How to get a broker’s license in WI?
To get a Wisconsin real estate broker license, you must have at least two years of experience as a licensed real estate agent, complete 72 hours of pre-licensing education, pass the Wisconsin broker exam, and submit your application to the DSPS along with a $60 fee.
For more information on this topic, you can have a look at our state specific How to Become a Real Estate Broker guide.
What is the difference between a real estate salesperson and a broker in Wisconsin?
In Wisconsin, a real estate salesperson is licensed to assist clients in buying or selling property but must work under the supervision of a licensed broker.
A broker, on the other hand, has more advanced qualifications, allowing them to run their own real estate business, supervise salespersons, and handle transactions independently.
How much does a Wisconsin broker license cost?
To get a Wisconsin broker license, you will need to pay between $200 to $400 for the required pre-licensing education, $65 for each attempt at the state licensing exam, and $60 for submitting your license application to the Wisconsin Department of Safety and Professional Services.
Interested in getting started? Check out our How to Get a Wisconsin Real Estate Broker License guide.
Does Wisconsin have reciprocity for real estate brokers?
Yes, Wisconsin currently has real estate license reciprocity agreements in place with Illinois and Indiana.
If you’re a licensed broker in either of these states, you should contact the Wisconsin Department of Safety and Professional Services directly for more information.
How do I move from salesperson to broker in Wisconsin?
To move from a real estate salesperson license to broker licensure in Wisconsin, you must meet the necessary experience requirements, complete additional education, and pass the broker exam.
Real estate agents should note that the broker exam is more in-depth and demanding than the Wisconsin Salesperson Licensing exam, as it reflects the greater responsibilities that come with becoming a broker.