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Michigan Real Estate Courses
Michigan "The Works Deluxe" Package with Virtual Study Program
It's okay to be an overachiever!
The Michigan "The Works Deluxe" Package has everything in it from "The Basic" and "The Works" packages PLUS the hardcover reference textbook Real Estate: An Introduction to the Profession.
Make sure you are set up for success for both the state exam and your future career in real estate. The book serves as an excellent quick and reliable reference throughout a real estate career--especially at the beginning!
Included in "The Works Deluxe" Package:
1. Michigan Sales Pre-license Course.
2. Michigan Real Estate: Principles and Practices (book): Please note that our courses are designed to comply with the state requirements without the need of a textbook. This book is added value to the package and an additional resource.
3. Michigan Real Estate Exam Prep: This is comprised of the major testing formats found in real estate state exam testing including the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include (2) 100 question practice exams (one for salesperson and one for broker). All in all, our exam prep covers 1,000 questions on real estate content.
4. National Real Estate Exam Prep: This is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include two 100-question practice exams (one for salesperson and one for broker). Our exam prep covers 1,000 questions on real estate content.
5. MathMaster: There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
6. National Virtual Study Program: Do you learn better in a live setting? The Virtual Study Program bridges the gap between live and online learning to give you added support of an expert instructor. Join this live 8-week webinar series to dive into national topics and help you to succeed on your real estate exam.
7. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
8. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
9. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
10. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$315.00 BUNDLE
Michigan "The Works" Package with Virtual Study Program
Get our quality guarantee and exam prep!
This 40-hour package contains everything from "The Basic" package PLUS our National Real Estate Exam Prep which is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams.
Additional highlights include (2) 100 question practice exams (one for salesperson and one for broker). You can have confidence in your level of preparation knowing that, all in all, our exam prep covers 1,000 questions on real estate content!
Included in "The Works Deluxe" Package:
1. Michigan Sales Pre-license Course.
2. National Real Estate Exam Prep: This is comprised of the major testing formats found in real estate state exam testing and includes the ten crucial topics found on all testing service exams as well as the majority of state exams. Additional highlights include two 100-question practice exams (one for salesperson and one for broker). Our exam prep covers 1,000 questions on real estate content.
3. MathMaster: There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
4. National Virtual Study Program: Do you learn better in a live setting? The Virtual Study Program bridges the gap between live and online learning to give you added support of an expert instructor. Join this live 8-week webinar series to dive into national topics and help you to succeed on your real estate exam.
5. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
6. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
7. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
8. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$249.00 BUNDLE
Michigan "The Basic" Package
"The Basic" package has everything you need to fulfill Michigan's real estate education requirement to qualify for to sit for the state exam to become a real estate salesperson.
As an added bonus to the mandatory 40 hours, MathMaster is also included to give you a crash course on real estate math to better ensure your success!
1. Michigan Sales Pre-license Course.
2. MathMaster: There's no need to be afraid of tackling math problems. The purpose of this is to give you the tools and expertise to "master" real estate math. Students will love the hands-on practice problems and detailed, clear descriptions of the purpose, use and formulas.
3. Live Instructor Support: Every course comes with the support from an industry expert that can help answer questions you many have throughout the course.
4. 5-star Customer and Technical Support: Call anytime and a caring staff—customer service, course consultants, or tech support, will be happy to answer your questions and provide the support you need.
5. Real Estate Blog Subscription: Stay up-to-date on the latest real estate industry information and valuable resources.
6. OnCourse Learning Real Estate, formerly Career Webschool Quality Guarantee: In the instance that one of our students does not pass the state exam on the first try, OnCourse Learning Real Estate, formerly Career Webschool will reimburse that student for their second state exam fee. To be eligible for reimbursement, the student must take the state exam within 1 year of completing our course and must have also passed our course exam with a grade of at least 80%.
$183.00 BUNDLE
Michigan Salespersons' Fundamentals of Real Estate
This course has everything needed to satisfy Michigan's state education requirement for a real estate salesperson to qualify to take the state licensing exam. This 40-hour real estate pre-license course is an affordable, convenient way to prepare you with the knowledge needed to pass the state exam and begin a successful career in real estate.
Highlights include Michigan License Law & Rules, Contracts, Liens & Community Ownership, Taxation, Pricing Property, Introduction to Finance & Real Estate Math, Property Descriptions & Title and Property Ownership and Leasing Land Use.
$169.00 ONLINE – SELF PACED
National Real Estate Prep xL - PSI
Prep xL by OnCourse Learning is a sophisticated exam prep tool that leverages adaptive learning technology to tailor study materials to meet your individual needs. Its personalized learning paths provide the optimal study experience to prepare you for the national information on your upcoming real estate license exam. This product should be used only after completion of the state pre-licensing course requirement.
Prep xL features:
- Customized study plan including daily goals that adapt based on activity throughout the system.
- Self-paced, comprehensive library of over 1,000 practice questions that will allow you to concentrate on specific topics based on your confidence and knowledge of the subject.
- Full-length, timed exams that simulate an actual testing environment.
- Real-time readiness data to track your progress and identify your strengths and areas of focus.
$59.00 ONLINE – SELF PACED
Michigan Broker Package
This 90-hour package has everything you need to fulfill the required education for salespersons looking to take and pass the broker licensing exam. Courses included are:
1. Broker Prep (complete with 9 hours of Civil Law and Equal Opportunity in Housing) (30 Hours): This course satisfies 30 hours of mandatory Broker Preparation education required in Michigan. In addition, this course includes the mandatory 9 hours of Civil Rights Law and Equal Opportunity requirement by the state of Michigan to qualify for the state licensing exam to become a broker. Other highlighted topics include: Liens, Land Use, Titles and Title Transfers, Leasing and Property Management and Community and Property Ownership.
2. Valuation of Residential Properties (30 Hours): Highlights include: Real Estate Appraisal Principles and Practices, Markets for Residential Real Estate, Data Analysis in Regards to Appraisal, and Site Description and Analysis. Please note that Michigan Valuation of Residential Properties does not have any hours that qualify for Civil Rights Law and Equal Opportunity in Housing.
3. Commercial Real Estate Brokerage (30 Hours): Highlights include: Commercial Leases, Environmental Regulations, Interstate Land Sales Full Disclosure Act (ILSFDA), Commercial Real Estate Principles and the Brownfield Economic Redevelopment Initiative. Please note that no hours of Civil Rights Law and Equal Opportunity in Housing are included in this course.
$699.00 BUNDLE
Michigan Appraisal Courses
Basic Appraisal Principles
Gain a foundation in appraisal principles. This course is an introduction to topics including legal considerations, what influences the value of real estate, real property concepts and characteristics, principles of economics, types of value and real estate markets and analysis, ethical considerations and highest and best use. This 30 hour course fulfills the Real Property Appraiser Qualification Criteria for the levels of Trainee up to Licensed Appraiser.
$349.00 ONLINE – SELF PACED
Basic Appraisal Procedures
Want thorough insight into the process of valuation? Then this course is for you! During this 30-hour curriculum, students will learn the three approaches used by appraisers to reach the opinion of value (income capitalization, sales comparison and cost) and how to derive multipliers and rates. Also included is a guide through the sales comparison approach, which is comprised of checking the validity of information, organizing a comparative analysis, making adjustments, selecting comparison units, and conducting market research and reconciliation. Students will enjoy the hands-on completion of crucial sections of an appraisal report as well as gain insight into property description, design basics and construction. This course fulfills 30 hours of Real Property Appraisal Qualification Criteria for the levels of Trainee to Licensed Appraiser. It is advised to complete the Basic Appraisal Principles and Procedures Courses before taking this course.
$349.00 ONLINE – SELF PACED
Residential Market Analysis and Highest and Best Use
Make solid decisions in the valuation process. Understand the interdependence within the application of market analysis and highest and best use. Meeting 15 hours of Real Property Appraiser Qualification Criteria for appraisal Trainees up to Licensed Appraisers, this course highlights the association between cost, income capitalization and sales comparison (the three valuation concepts), highest and best use reasoning and analysis of the market. Basic Appraisal Principles and Basic Appraisal Procedures are both prerequisites for this course.
$199.00 ONLINE – SELF PACED
Michigan Real Estate Career
License Process for Michigan
Michigan Real Estate License Requirements
Learn about the real estate education needs for licensing and renewal in your state.
Licensing Board/Commission:
CE Marketplace - LARA Department of Licensing and Regulatory Affairs
Requirements:
Education hours required for a real estate salesperson license in the state of Michigan: 40 hours
Education hours required for a real estate broker license in the state of Michigan: 90 hours
Reciprocity:
Real estate commissions and boards across the country are adopting policies for a real estate agents in one state to more easily become licensed in another state. There is no reciprocity between Michigan and any other state.
Continuing Education (CE) and License Renewal Requirements:
Real estate professionals must renew their licenses by October 31 every three years. 2018 ends the current 3-year cycle. Michigan requires licensees to complete 18 hours of real estate CE in each 3-year period, which includes 2 hours of legal updates classes each year.
Michigan Appraisal Career
License Process for Michigan
Michigan Real Estate Appraisal Licensing Requirements
Learn about the appraisal education needs for licensing and renewal in Michigan.
The information contained below is designed to provide a summary of the minimum education, experience, and examination requirements established by the Michigan Board of Real Estate Appraisers. The information provided below can be found on the Board’s website. However, we recommend you contact the Board for more detailed information and for any changes which may have occurred.
Licensure Levels
• Limited Real Estate Appraiser
• State Licensed Real Estate Appraiser
• Certified Residential Appraiser • Certified General Appraiser
Licensure Requirements to Become an Appraiser
• Must be at least 18 years of age
• Must have a high school diploma or its equivalent
• Must be of good moral character
• Must meet the educational requirement for the applying level of appraiser licensure • Must meet the experience requirement for the applying level of appraiser licensure • For Certified Residential level: A minimum of an Associate’s Degree OR 21 college semester hours in specific subject matters is also required
• For Certified General level: A minimum of a Bachelor’s Degree OR 30 college semester hours in specific subject matters is also required
• Satisfactory completion of the state examination (Limited Real Estate Appraisers are not required to take a state exam)
• Submit application, required documents, and associated fees
Appraiser School Education Requirements
• 75 hours for the Limited Real Estate Appraiser which consist of the following appraiser courses: Basic Appraisal Principles (30 hours), Basic Appraisal Procedures (30 hours), 15 Hour National USPAP Course or its equivalent (15 hours)
• 150 hours for the State Licensed Real Estate Appraiser which include the same hour requirement as the Limited Real Estate Appraiser level AND: Residential Market Analysis and Highest and Best Use (15 hours), Residential Appraiser Site Valuation and Cost Approach (15 hours), Residential Report Writing and Case Studies (15 Hours), Residential Sales Comparison and Income Approach (30 hours)
• 200 Hours for the Certified Residential Real Estate Appraiser which consist of the same 150 hours of Licensed Residential Appraiser education AND: Statistics, Modeling and Finance (15 hours), Advanced Residential Application and Case Studies (15 hours), Appraisal Subject Matter Electives (20 hours)
• 300 hours for the Certified General Real Estate Appraiser which includes the same 200 hours for the Certified Residential Appraiser education AND: Income Property Appraisal (60 hours), General Appraiser Report Writing and Case Studies (10 hours), General Appraiser Market Analysis and Highest and Best Use (15 hours)
Experience Requirements for Becoming an Appraiser
• Limited Real Estate Appraiser – No experience requirement
• State Licensed Real Estate Appraiser – 2000 hours including 1500 in residential experience in no less than 12 months
• Certified Residential Real Estate Appraiser – 2500 hours including 1500 hours in residential experience in not less than 24 months
• Certified General Real Estate Appraiser – 3000 hours in not less than 30 months with at least 1500 hours of experience in nonresidential appraisals
Continuing Education Requirements for Appraiser License Renewal
• Licenses expire on July 31 of the renewal year. New licenses issued after the first week in April will expire on July 31 of the following year
• License renewals not received by July 31 can be renewed with submission of the regular renewal fee, plus a $20.00 late fee until September 29. Beginning September 30 of the renewal year the licensee must apply for relicensure. Licensees must take 28 hours of education during the two year renewal cycle
• In accordance with the Appraiser Qualifications Board Criteria, effective July 1, 2013 Limited Real Estate Appraisers are required to complete 14 hours of approved continuing education appraiser classes from the date of licensure
• To ensure that your renewal is processed timely, continuing education should be completed and reported to the department no later than May 30 of each renewal year, even though the deadline for continuing education is July 31 of each renewal year. The hours may be completed at any time during the 2-year renewal period, which begins August 1 of each renewal year
• The 7-hour National USPAP course must be completed every renewal period. Also, a 2-hour course on Michigan appraiser licensing law and rules must be completed every 2 years
