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The Indiana Real Estate Commission has begun the process of implementing changes to real estate licensing, as a result of the passage of Senate Bill 0275. For more information on the language of the bill, specific changes, and more, please visit the page found on the Indiana General Assembly by clicking here. On this page, clicking on "Latest Printing" will provide you the actual bill.
The information presented here on the Commission site is of an educational nature, and intended to assist those seeking to either become a real estate licensee, or continue to practicing in the real estate profession. For those seeking legal advice regarding what a licensee can or cannot do, or specifics regarding the law, please consult our license law compilation, or contact an attorney.
In short, the bill enhances the real estate profession in Indiana by making changes to education, licensing, and administration. The changes allow for current salespersons to upgrade their license before July 1, 2014 to a broker license by completing a twenty four (24) hour transition course. After July, 2014, the real estate industry will consist of managing brokers and brokers. The license renewal period will extend to a three (3) year period, pre-licensing education will go from fifty-four (54) to ninety (90) hours, and continuing education requirements will change to twelve (12) hours each year. There are many more changes, and for details on how the changes affect your license, please select the license you hold below.
For more information on the purpose of the license law update, and other details about the changes, please take a moment to watch these videos created by the Indiana Association of Realtors. Clicking here will take you to these videos on an outside website run by IAR.
Salesperson Transition Progress
Latest update: 8/22/2013
2758 salespersons have transitioned to a broker license since July 1, 2012. Approximately 7700 only have 10 months to complete the transition.