Real Estate Salesperson: Must be at least 18 years of age and have a high school diploma or GED, need to complete 60 hours of approved pre-licensing educational courses, and pass the Montana real estate exams with a score of 80% or better on the national portion and 70% or better on the state portion.
Continued education: Real estate brokers and salespersons are required to successfully complete 12 hours of approved continuing education courses yearly.
Broker applicants: Must be 18 years of age, have a high school diploma or GED and complete at least 60-hours of approved additional pre-licensing courses. Applicants need to have actively held a real estate salesperson license for two years. Within three years of applying for the broker license, the applicant needs to provide proof of a minimum 30 residential real estate transactions, or a minimum of 10 commercial, agricultural or farm/ranch real estate transactions. After completing the educational requirements, the applicant needs to pass the Montana real estate exams with a score of 80% or better.
Reciprocal license recognition & Non-residents: Montana has reciprocity agreements with twelve other jurisdictions (11 states plus Alberta, Canada). |