Here is a potential timeline for how long it could take to obtain your Montana real estate salesperson license:
Step 1: Complete the required 70-hour Montana Pre-License course.
- Online courses are more flexible. Most students choose this option so they can complete the course at their pace.
- Finishing the course can take from 2-4 weeks, depending on how quickly you complete the course online.
Step 2: Schedule and take the state exam.
- You can schedule your exam through http://www.psiexams.com or by calling 1- 855-898-0716.
- Scheduling can be from 1-3 weeks out, depending on availability at the testing centers.
Step 3: Be hired by a Montana licensed broker
- Salespersons must work under the supervision of a broker with a supervising endorsement.
- Being hired can take 1-3 months.
Step 4: Purchase Errors & Omissions insurance
- All real estate salespersons have E&O insurance before getting an active license.
- The Montana Board of Realty Regulation offers a Group E&O Program. Your insurance coverage begins when you pay your premium.
Step 5: Apply for your license.
- You can submit the application as soon as you have your proof of education, passed the exam, insurance, and have been hired by an endorsed broker.
- MBRR does not provide an application process time estimate. Expect 2-4 weeks for processing.
Total Time: 9-24 weeks
If you stay on top of the process, you could have your real estate license within three months. Manage your time to complete your course and pass the exam quickly. Be hired by an endorsed Montana broker. Obtain insurance and apply for the license.