If you are considering entering the real estate, construction or auction industry in Michigan, you have found the right place.                 

  We offer classes that are intended to get you started or to maintain your education in those professions. These classes are held in conjunction with US Brokers Institute or Acme Institute, Inc.  

class schedule - - - - resource center - - - - gwyn's blog                                        

 

  Getting Started in Real Estate           

This will always be a work in progress.  If you can think of anything to add, email me and let me know at gwynbesner@aol.com  

Michigan requirements for Broker or Salespersons licensure, click here

Get your Education

I only teach the prelicensure course in Traverse City and Grand Rapids.  Click here for current schedule.

For license information in other states, click here.

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There is a new system for getting a real estate salesperson's license in Michigan .  

Step 1. You need to go to  www.michigan.gov/icola and create an account. 

Step 2. Take your prelicense course.

Step 3. Make application for your salesperson license using your Icola account.

Step 4. The broker approves the application

Step 5. Go to  www.psiexams.com print out the registration form and faxing it to PSI with your charge card number or by mailing it with a money order or certified check in the amount of $48.  

Step 6. Schedule your exam at www.psiexams.com  or by calling the 800 number on the fax application. If you do not yet have a broker you may still apply online, however you will not be issued the license until you have signed up with a broker.   For additional information and test locations please see www.psiexams.com PSI has prepared a candidate handbook which you may download and print out.  It contains all of the relevant information for obtaining your Broker or Salespersons exam and license.  Click on: CANDIDATE Information Bulletin

Salesperson candidates, you must complete the Fundamentals Course before you take the test.  Broker candidates, you may sign up for your test whenever you are ready.  The broker license will not, however, be issued until all the requirements are met.

If you have not obtained my review CD, you may wish to consider purchasing it.  It is available for $10.00 plus $4.50 postage and handling. Call 1 800 799 0483 or write your name and address on a piece of paper and mail it to PO Box 328 Acme, MI  49610 or email me at gwynbesner@aol.com  or click on the buy now option to pay with charge card. 

If you have a bit of test anxiety, click here for some helpful hints.

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Need some application forms? Here you go.

Broker candidate's, you click on the above link for your experience forms and complete your education and then make application.  You are not a broker, until the license comes in the mail.

I know, you are eager.  A couple of weeks after you have applied you should be able to go online and find your name.  That means in just a short time your license will come in the mail.  They will try to get it to you in less than a month.  Don't get tempted and start practicing before it comes.  Click here

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Setting up your office. (This part is for Brokers, only)

You will need a fair housing poster. The logo, does not have to be on your business card. HUD just said, it should be. It is still optional. I have it on mine. Here is a link to the logo: http://www.hud.gov/library/bookshelf15/hudgraphics/fheologo.cfm
The Traverse Area Association of Realtors has the posters. I don't know which association you belong to but they may have it. HUD has three offices in Michigan: 

Here are the addresses and phone numbers for the HUD regional offices in Michigan.

Trade Center Building
50 Louis Street, NW
Grand Rapids, MI 49503  Phone: (616) 456-2100 
mailto:MI_Webmanager@hud.gov 

HUD Phoenix Building 4th Floor, 801 S Saginaw Street Fling MI  48502  810 766 5112

McNamara Federal Building
477 Michigan Avenue
Detroit, MI 48226 Phone: (313) 226-7900

You'd probably better have a copy of the Red Book in your office.  Click here.

You need to write a Policy and Procedure Manual. You may take a look at mine to get some ideas.  I do not intend for you to copy it. Your manual is personal to your office.  One of the more difficult portions of writing a policy and procedure manual may be the language for defining the style of agency that will be practiced in your office.  You may find pages 67 to 80 in our 2002 continuing education booklet helpful, if you wish to adopt a designated agency style of office.  Here is a link to the site where you may read that www.GLRSonline.com

You will need to have an Independent Contract Agreement with your salespeople

What style of business shall you become?  Sole proprietorship, partnership, corporation, LLC Click Here for Michigan's Entrepreneur's Guide.   

While the state still has that guide available, they have an even better resourse in this new interactive website on setting up a business.  Click here.  This site will take you all the way from establishing a name through getting additional licenses, such as sales tax.

One of my students just sent me the site to determine if your Corporate or LLC name has already been taken.  Click here for Registered Names

Thinking of getting Top Producer for your business?  Click here to check it out.

OK, tell me what else you need? Click here to write to me.  Or by snail mail at PO Box 328, Acme, MI  49610

 

 

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