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Broker License Renewal
The Commission is currently working to make changes to the broker license renewal that is scheduled to take place from April to June in 2013. Salespersons and brokers renew in alternating years, and the license transition requires that these renewals be synchronized. The plan that is in place is to push the broker license renewal back from 2013 to 2014, at which time all real estate licensees will renew. This plan requires some legislative changes, so the change has not been made at this time. Please watch this website for updates as the process goes forward.
Frequently Asked Questions
Below are some questions we have been receiving from licensees about the 2013 broker license renewal. The answers may change as more information becomes available, so please be sure to check back from time to time.
When I look my license up, it says it expires June 30, 2013. When will this change?
Statute requires two year renewal cycles, and until the changes described above have been adopted in law this means your expiration date will be displayed as June 30, 2013. Once these changes have been made legislatively, IPLA will update all broker license expiration dates to read June 30, 2014.
What do I need to do this year?
Please continue to monitor this website and the Commission's facebook account to stay in contact with us. We will update all licensees about the status of the changes so that you can plan ahead for your continuing education and license renewal.
What continuing education do I need to do?
The changes to real estate licensing law last year spelled out the continuing education requirements for brokers during this transition period. For the period from July 1, 2011 to June 30, 2013, you must complete the approved curriculum of six (6) mandatory hours and ten (10) elective hours of continuing education. For the period from July 1, 2013 to June 30, 2014, you must complete eight (8) hours of approved continuing education. The law does not specify if any of the hours must be mandatory or elective, but the recently-appointed Real Estate Education Advisory Council will soon make recommendations about a breakdown of the eight (8) hour requirement. The Commission will then consider any recommendations and make changes necessary to clarify this requirement of licensees.