Montana Real Estate License Requirements

You’ve got everything you need to know about getting your Montana real estate license right here. We’ll cover licensing requirements, exam details, fees, and the documents you need for both salespersons and brokers.

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What you need to get your real estate license in Montana

Salesperson:

  • Be at least 18 years of age.
  • Must have completed two years of full-time study at an accredited high school or its equivalent.
  • Seventy hours of pre-licensing education within the past 24 months.
  • Pass the Real Estate Salesperson Examination within the past 12 months of applying.
  • Hold employment or a contract with a licensed broker who has a supervising broker endorsement.
  • Professional Liability & Errors and Omissions Insurance.

Broker:

  • Be at least 18 years of age.
  • High school diploma or equivalent.
  • Sixty hours of approved pre-licensing education within the past 18 months.
  • Pass the Real Estate Broker Examination within the past 12 months of applying.
  • Two years of experience as a licensed salesperson.
  • Complete the experience points requirements as written in ARM 24.210.611(9)(b).
  • Professional Liability & Errors and Omissions Insurance.

What is the passing score for the Montana real estate license exam?

The salesperson exam has a total of 133 questions. The national portion comprises 100 questions, and the state-specific portion includes 33 questions. Each question has been assessed for difficulty based on the standards for a ‘minimally competent practitioner’ (MCP), and these evaluations are averaged to set the minimum passing score.

The broker exam consists of 11 simulation problems. A minimum passing level (MPL) was set for each section based on the scoring weights for each option, reflecting the performance expected of a ‘minimally competent practitioner.’ Separate minimum passing levels (MPLs) are set for Information Gathering (IG) and Decision Making (DM), representing the combined MPLs across all IG and DM sections. To pass, your total raw scores must be equal to or higher than MPL in both the IG and DM categories.

Upon completing your examination, you will receive an official results report.

What is the time limit for the Montana real estate exam?

For the salesperson exam, you have 3.5 hours.

For the broker exam, you have 3 hours.

What to bring for the state of Montana real estate license exam?

You must present two forms of identification. The primary form must be government-issued and current and include your name, signature, and photograph. Temporary identification forms are not allowed. You will also be required to sign a roster to verify your identity.

  • Examples of valid primary forms of identification are current: driver’s license with photograph, state identification card with photograph, passport, and military identification card with photograph.
  • The secondary ID must show your name and signature for verification purposes, such as a signed credit card, social security card, or employment/student ID card.
  • If the name on your registration is different from what appears on your identification, you must bring proof of your name change (e.g., marriage license, divorce decree, or court order).

What is the format of the exam?

The exam is computer-based.

What is the exam content?

The national portion of the salesperson and broker real estate exams contains the following topics:

  • Real Property Characteristics, Legal Descriptions, and Property use.
  • Forms of Ownership, Transfer, And Recording of Title.
  • Property Value and Appraisal
  • Real Estate Contracts and Agency.
  • Real Estate Practice.
  • Property Disclosure and Environmental Issues.
  • Financing and Settlement.
  • Real Estate Math Calculations.

The state portion of the salesperson and broker real estate exams contains the following topics:

  • The Real Estate Licensing Agency’s Powers.
  • Licensing.
  • Requirements Governing the Activities of Licensees.
  • Additional Topics
  • Additional Broker Topics (Brokers Only)

Brokers have an additional category named:

  • Additional Broker Topics

Sources

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