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Release Date:
November 28, 2007 Last Update: December 04, 2007 |
| Agency: Labor & Economic Growth | |
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NEW ONLINE APPLICATION PROCESS - REAL ESTATE SALESPERSONS |
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Beginning December 1, 2007, the Michigan Department of Labor & Economic Growth will require that all salesperson applicants apply for their license and exam on-line at www.michigan.gov/iCOLA and www.PSIexams.com . This system will allow applicants who have completed the application process on-line, and have had a broker verify their employment relationship, to receive their license immediately upon passing the licensing examination. This system (iCOLA) will require brokers to go on-line to verify that an applicant is approved for employment by their office (this would be the same as signing the bottom of a salesperson's paper application in the past). Brokers must register at www.michigan.gov/iCOLA . Once at the site, there will be prompts to create a permanent user ID and password, these should be retained these in a secure place for future use. The new system will work as follows:
The requirements to obtain a salesperson license remain the same: a 40-hour fundamentals class, passing the exam, possessing good moral character and a valid employing broker. The license and exam application processes for brokers and associate brokers remain unchanged at this time, but it is anticipated that they too will be automated in the future. We encourage ALL brokers to immediately access iCOLA to create a permanent user ID and password to be ready on December 1st to verify new salesperson relationships as the need arises. Please call the department at (517) 241-9288, press 111 to get to the real estate unit, if you have questions about getting your user name and password on iCOLA. Thank you!
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Copyright © 2007 State of Michigan
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