Broker For Commercial Property In Michigan
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Quick Answer: Getting a Michigan real estate license is still possible if your record has a prior conviction. You just need to show proof of your good moral character, which LARA will review to determine if you are eligible to move forward.
The criminal background check aims to identify any past convictions or criminal charges an applicant may have. Any history of fraudulent activities or crimes related to moral turpitude may disqualify an individual from obtaining a real estate license.
Let's take a look at the essential steps you need to follow: Complete Your Education. The first step in becoming a commercial real estate agent in Michigan is to complete the necessary education requirements. Pass the Michigan Real Estate License Exam. Find a Sponsor Broker. Submit a Completed License Application.
To earn your real estate license in Michigan, you must be at least 18 years old, complete 40 hours of approved education, submit an exam application and receive authorization to test, pass the Michigan real estate salesperson licensing exam, and secure employment with a sponsoring broker.
A salesperson shall not be licensed as a broker or associate broker while he or she holds a salesperson license. 18. Can a salesperson work for more than one (1) broker at a time? A salesperson shall be licensed to a broker and shall not be licensed to more than 1 broker at the same time.
Passing the Michigan real estate exam It all seems pretty straightforward — except for the exam. Most people report that the three-hour test is the most difficult part of the real estate licensure process in Michigan. Fortunately, we have some tips to help you out. Pick the right education provider.
You can also be disqualified for any crimes that the commission judges affect your ability to competently practice as a real estate salesperson, such as forgery, conspiracy to defraud creditors, extortion, or theft. If you have been convicted, seven years must have passed since you completed the sentence.
In Michigan, if a business sale includes the transfer of real estate, then a real estate license is necessary. However, if the sale strictly involves the business entity without any real estate, a specific real estate license would not be required.
Due to years of experience, commercial real estate experts have more access and a vast network of connections — access to listings, resources, tools, and data that someone on their own would not be able to access; connections that have been fostered over years of working in the industry.
Jeff Packer. Preferred Realtors, LTD. Plymouth, MI. 20 Yrs of Experience20 Yrs of Experience. 637 Reviews. Charles Tamou. Top Agent Realty. Shelby Township, MI. 19 Yrs of Experience19 Yrs of Experience. 851 Reviews. Erick Monzo. The Monzo Group. Mount Clemens, MI. 6 Yrs of Experience6 Yrs of Experience. 1365 Reviews. Michael Perna.
