How To Become A Real Estate Agent In Idaho (5 Steps)

Idaho's real estate market has radically transformed in just a few years. Fueled by an influx of net migration, people from various corners of the country have flocked to the Gem State in search of more affordable, wide-open living arrangements. As a result, real estate agents have witnessed a significant uptick in activity, making it an opportune time for those looking to learn how to become a real estate agent in Idaho. If you've ever considered learning how to become a real estate agent in Idaho, now is as good a time as any.

The prospect of a career in real estate is enticing, offering the potential for financial success and personal fulfillment. However, the intricate and often convoluted process of learning how to become a real estate agent in Idaho can be daunting, especially for those who aren't intimately familiar with the industry. From navigating the licensing process to understanding the legal requirements specific to Idaho, the path to becoming a real estate agent in the Gem State can appear intimidating.

Thankfully, we’ve meticulously crafted this guide to simplify the process for those who want to learn how to become a real estate agent in Idaho. We understand that the path to real estate licensure can be complex and confusing, and our goal is to deconstruct it for you, making the process more accessible and understandable.

If you've ever wondered how to become a real estate agent in Idaho, you've come to the right place. We will guide you through the essential steps, starting from the beginning and touching on each step along the way:

• Idaho Real Estate Agent Requirements
• Confirm You Are Eligible To Become A Real Estate Agent
• Complete Your Prelicensing Real Estate Course
• Apply For & Pass The Idaho SalespersonLicense Exam
• Join An Idaho Real Estate Broker
• Idaho Real Estate License Renewal
• Pros & Cons Of Becoming A Real Estate Agent In Idaho
• Idaho Real Estate Agent FAQ
• Final Thoughts On How To Become A Real Estate Agent In Idaho

If you're wondering how to get a real estate license in Idaho, you're in the right place. Many aspiring agents often begin their journey by searching online for information on how to get a real estate license in Idaho. As a result, we’ve dedicated this guide to helping those searching for the answers they need. Getting a real estate license Idaho accepts is as simple as following the steps below.

Idaho Real Estate Agent Requirements

Learning how to become a real estate agent in Idaho isn’t easy, and for good reason. The state has set forth a series of stringent requirements to ensure that anyone who can legally call themselves an agent in Idaho is competent in their role. The responsibility of a real estate agent in Idaho extends far beyond individual transactions; it is a pivotal role that contributes to the housing sector's vitality, the state's economy, and the well-being of countless would-be homeowners.

Idaho has established requirements to ensure that agents are well-versed in the industry's nuances. This dedication to competence and professionalism distinguishes Idaho's real estate agents, making them trusted partners for buyers and sellers alike. In this article on how to become a real estate agent in Idaho, we will walk you through these essential requirements, ensuring you're well-prepared to take on this task and become a vital part of Idaho's real estate landscape.

Here's a glimpse of what we'll cover in the following sections:

• Step 1: Confirm You Are Eligible To Become A Real Estate Agent
• Step 2: Complete Your Prelicensing Real Estate Course
• Step 3: Apply For & Pass The Idaho Salesperson License Exam
• Step 4: Join An Idaho Real Estate Broker
• Step 5: Idaho Real Estate License Renewal

1. Confirm You Are Eligible To Become A Real Estate Agent

Before you learn how to become a real estate agent in Idaho, the first critical step is to confirm your eligibility. The state has established specific requirements to ensure that individuals who aspire to join the real estate ranks are not just competent but also responsible and trustworthy.

Here, we will walk you through these critical prerequisites, which include age, legal residency or citizenship, criminal history disclosure, and educational qualifications:

• Age Requirement: To qualify for a real estate license in Idaho, you must be at least 18 years old. This age threshold is in place to ensure that aspiring agents are of legal age and maturity to handle the responsibilities associated with the profession.
• Legal Residency Or Citizenship: Idaho requires aspiring real estate agents to be U.S. citizens or legally authorized to live in the country. This stipulation is a fundamental part of the eligibility criteria.
• Criminal History Disclosure: Applicants for a real estate license in Idaho must disclose their criminal history during the application process. It's important to note that having a criminal record does not necessarily disqualify you from obtaining a license. However, being completely honest about past legal issues is paramount. Idaho values transparency and integrity, and providing accurate information about your criminal history is crucial to the eligibility verification process.
• Educational Qualifications: Another prerequisite for becoming a real estate agent in Idaho is having a high school diploma, GED, or equivalent. This requirement ensures that aspiring agents have attained a basic level of education, which is essential for success in the real estate profession.

By confirming that you meet these eligibility requirements, you take the first step toward realizing your dream of becoming a real estate agent in Idaho. These prerequisites ensure that individuals who engage in the real estate industry in the state are well-qualified and can be trusted to represent the interests of buyers and sellers effectively.

2. Complete Your Prelicensing Real Estate Course

Once you've confirmed your eligibility to become a real estate agent in Idaho, the next crucial step is to complete the required prelicensing coursework. The state of Idaho mandates that aspiring agents must undergo 90 hours of prelicensing education, split into two modules:

• Salesperson Prelicense Module 1 (45 hours): This course studies fundamental real estate concepts. It provides the solid foundation needed to excel in the real estate industry.
• Salesperson Prelicense Module 2 (45 hours): In this course, you will delve into the knowledge and applied skills involved in listing, selling, buying, and closing real property transactions. This module equips you with the practical skills required to be a successful real estate agent.

It's vital to note that these courses must be completed within the three years immediately preceding the date of your license application. The courses can be taken in various formats: live in a traditional classroom setting, through remote delivery via platforms like Zoom, or as self-paced online study. Attending 100% of each course and achieving a passing score of 70% or higher on the final exam for each module are mandatory requirements.

​​The Idaho Real Estate Commission's "Education Lookup" page is a valuable resource for prospective students seeking to sign up for these modules. Soon-to-be students can explore various approved courses, educational facilities, and schedules to tailor their educational journey. The search feature facilitates a flexible selection of how to complete the required 90 hours, enabling individuals to find courses that align with their learning preferences.

Aspiring agents should anticipate spending between $300 and $400 per module, amounting to approximately $600 to $800 in total, depending on the chosen classes. Investing in these prelicensing courses is essential to obtaining a real estate license in Idaho, providing the necessary knowledge and skills to excel in the next step.

Read Also: Colibri Real Estate Review

3. Apply For & Pass The Idaho Salesperson License Exam

Once you have completed the required prelicensing coursework and gained the knowledge to become a real estate agent in Idaho, the next step is to apply for and pass the Salesperson Licensing Exam. To get the ball rolling, aspiring agents must apply to take the exam through Pearson VUE, a third-party examination site designated by the Idaho Real Estate Commission. Here are the steps to follow:

• Reservation: Candidates should make a reservation online at least 24 hours before their desired examination date. The examination fee of $80 must be paid at the time of reservation, and payment can be made using a credit card, debit card, or voucher.
• Fingerprint Collection & Background Check: Between applying to take the exam and sitting down for the test, aspiring agents must have their fingerprints collected and submitted for a background check. This step is essential to ensure the trustworthiness and integrity of individuals entering the real estate profession.

The examination itself is a four-hour test consisting of two parts: a state-specific portion and a national portion. To pass the exam, candidates must score 70 or better in both sections. The exam evaluates your knowledge of real estate practices, regulations, and laws, both at the national level and within the state of Idaho.

Passing the exam will put you one step closer to realizing your dream of becoming a licensed real estate agent in Idaho. That said, you aren’t done yet. The next step is applying for your real estate license and paying the $160 application fee. The application form is on the Idaho Real Estate Commission's website. It's important to note that the application form must be notarized upon submission, so ensure that all required documentation is in order to expedite the licensing process.

4. Join An Idaho Real Estate Broker

Once you've successfully passed the Idaho Salesperson Licensing Exam and obtained your real estate license, the next step is to align your services with a real estate brokerage. In Idaho, real estate agents cannot independently practice right out of the gate; they must work under the umbrella of a licensed broker. The brokerage will activate your Idaho Real Estate Commission license, allowing you to facilitate real estate transactions. Therefore, choosing a brokerage that aligns with your professional goals and provides the support and resources you need to thrive in the industry is essential.

When selecting a real estate brokerage, consider the following factors:

• Guidance & Support: Look for a brokerage that offers guidance and support on various aspects of the real estate business, including legal issues, client service questions, transaction management, and administrative support. A supportive and knowledgeable broker can be invaluable as you navigate the complexities of real estate transactions.
• Resources: Evaluate the brokerage's resources, including technology, marketing, training, and leads. Some brokerages offer these resources for free, while others may charge fees. Choose a brokerage that aligns with your needs and provides the tools necessary for success.
• Culture & Philosophy: Consider the culture and philosophy of the brokerage. Each brokerage may have a unique approach to serving clients and supporting their agents. Finding a brokerage whose values and practices resonate with your own is crucial.
• Ownership Of Client Information: Clarify the ownership of client information in brokerage-provided databases and leads generated by you or received by the brokerage. Understanding who retains ownership of this vital data is essential for your business.
• Compensation Models: Explore the compensation models the brokerage offers, including commission splits, flat or per-transaction fees, and other brokerage fees. Consider your expected sales volume levels and how these models align with your financial goals.

Choosing the right real estate brokerage is a critical decision that can significantly impact your career as a real estate agent in Idaho. It's essential to conduct thorough research and engage in conversations with different brokerages to find the one that best suits your professional aspirations and provides the support and resources you need to thrive in this dynamic industry. Your affiliation with a reputable brokerage will set the stage for a successful and rewarding career in real estate.

Read Also: How To Unlock Success With A Real Estate Mentor

5. Idaho Real Estate License Renewal

While aligning with a licensed broker marks the final step in obtaining an active real estate license, the journey doesn't end there. In Idaho, real estate agents must renew their licenses every two years to maintain an active status. This renewal process is essential for staying up-to-date with the latest laws, rules, and industry trends, ensuring that real estate professionals remain competent and relevant.

To renew your real estate license in Idaho, practicing agents must complete 18 hours of continuing education. These hours are divided into two unique core courses and 12 elective hours, providing a comprehensive educational experience. The renewal process also involves passing final exams for each course with a minimum score of 75%. If necessary, candidates can retake the exams twice to achieve a passing score.

The cost of continuing education can vary depending on the approved provider you choose. For example, providers like The CE Shop typically charge around $159 every two years to take the required continuing education courses. This investment is necessary to maintain your active real estate license and stay on top of the latest developments in the industry.

Real estate agents demonstrate their commitment to professionalism and ongoing education by completing the renewal process. This dedication to continuous learning and improvement ensures they remain valuable assets to their clients and stay compliant with the state's real estate regulations.

*For in-depth training on how to become a real estate agent in Idaho, Real Estate Skills offers extensive courses to get you ready to make your first investment! Attend our FREE training and gain insider knowledge, expert strategies, and essential skills to make the most of every real estate opportunity that comes your way!

Pros & Cons Of Becoming A Real Estate Agent In Idaho

Considering a career as a real estate agent in Idaho involves thoroughly evaluating the pros and cons to make an informed decision. Understanding the advantages and potential drawbacks provides a clearer perspective, empowering individuals to make a well-informed choice about pursuing a career in real estate.

Benefits Of Becoming A Real Estate Agent In Idaho

Learning how to become a real estate agent in Idaho can lead to the following benefits:

• Thriving Real Estate Market: Idaho's real estate market is thriving, making it an excellent place to explore how to get a real estate license in Idaho. Idaho has witnessed a significant influx of new residents, driven by its stunning landscapes, affordable living, and a thriving economy. As a result, the demand for real estate services has surged, creating a wealth of opportunities for aspiring agents. This unique momentum in Idaho's real estate market translates into a promising career path for those who choose to become a real estate agent in the Gem State.
• Diverse Property Landscape: Idaho boasts a diverse property landscape, offering everything from urban condos to rural ranches and mountain retreats. This diversity allows real estate agents to cater to various client preferences and needs. Whether you're interested in helping clients find their dream homes, invest in rural properties, or explore commercial opportunities, Idaho's varied property market provides a unique canvas for real estate professionals.
• Low Cost Of Living: Idaho's relatively low cost of living is a significant advantage for residents and real estate agents. The state's affordability makes it an attractive destination for individuals and families seeking a more budget-friendly lifestyle, which, in turn, leads to increased demand for real estate services. As a real estate agent in Idaho, you can take advantage of the state's affordability to assist clients in finding properties that align with their financial goals.
• Outdoor Lifestyle: Idaho's breathtaking natural beauty and abundant recreational opportunities contribute to its appeal. The state's picturesque landscapes, including mountains, lakes, and wilderness areas, draw outdoor enthusiasts and nature lovers. Real estate agents have the privilege of helping clients discover properties that provide access to this stunning environment, whether a lakefront cabin, a mountain retreat, or a home with outdoor amenities.
• Professional Flexibility: As a real estate agent in Idaho, you can build your schedule and work at your own pace. This flexibility benefits those seeking work-life balance or transitioning into a new career. The ability to chart your professional path in a way that suits your lifestyle is a unique and attractive feature of being a real estate agent in Idaho.

Drawbacks Of Becoming A Real Estate Agent In Idaho

Those who learn how to become a real estate agent in Idaho should be prepared for the following drawbacks:

• Seasonal Market Challenges: Idaho's real estate market can be subject to seasonal fluctuations, particularly in resort and vacation areas. During the winter months, some regions may experience a lull in real estate activity, as potential buyers and sellers may be less active. This seasonality can challenge real estate agents, requiring careful financial planning to manage income variations effectively.
• Competitive Landscape: While Idaho's real estate market presents opportunities, it is also highly competitive. The state's desirability has increased the number of real estate professionals, intensifying competition for clients and properties. Real estate agents must be prepared to work diligently and set themselves apart in a crowded field.
• Geographic Distances: Idaho's vast geographic expanse can present challenges for real estate agents, especially those covering rural and remote areas. Navigating long distances between properties and clients can be time-consuming and may require additional travel expenses. Agents should be prepared for the logistical complexities of servicing clients in a state known for its wide-open spaces.
• Variable Commission Income: The commission-based income structure for real estate agents in Idaho means that income can vary significantly based on market conditions, property values, and the number of successful transactions. Real estate agents may experience fluctuations in their earnings, requiring effective budgeting and financial planning to maintain financial stability.
• Licensing & Education Costs: To become and remain a licensed real estate agent in Idaho, individuals must invest in pre-licensing coursework, examination fees, and continuing education. These costs can add up over time, impacting an agent's overall earnings. While education is essential for success, financial commitment is a unique aspect that aspiring agents should be aware of when considering this career path in the state.

Idaho Real Estate Agent FAQ

Aspiring professionals often have numerous questions about learning how to become a real estate agent in Idaho. Addressing these queries is crucial for individuals considering this field. This section aims to provide clarity and insight into the most common inquiries regarding the steps to become a real estate agent in the Gem State.

How Much Does An Idaho Real Estate License Cost?

The total cost of obtaining and maintaining an Idaho real estate license can vary depending on several factors. Here's a breakdown of the costs involved:

• Prelicensing Coursework: Aspiring real estate agents can expect to pay between $600 and $800 for the required prelicensing coursework, including the Salesperson Prelicense Module 1 and Module 2. The actual cost may vary based on the courses chosen and the institution offering the coursework.
• Idaho Real Estate Salesperson Exam: The fee to take the Idaho Real Estate Salesperson exam is approximately $80.
• License Application Fee: To apply for an initial real estate license in Idaho, there is a fee of $160.
• Fingerprint Collection Fee: While the cost of fingerprint collection for the background check may vary depending on the service provider, it is an additional expense to consider during the licensing process.
• Continuing Education: Real estate agents must complete 18 hours of continuing education every two years to maintain their license. These courses typically cost around $159.
• Renewal Application Fee: Every two years, agents must renew their real estate license, incurring an application fee of $160.

Considering these costs, it's essential for individuals looking to become a real estate agent in Idaho to budget for these expenses and plan for ongoing educational and licensing fees. The total cost can vary based on individual choices and circumstances, but being aware of these financial considerations is essential for those pursuing a career in Idaho's real estate market.

How Long Does It Take To Get A Real Estate License In Idaho?

The timeline for obtaining an Idaho real estate license can vary from one individual to another, depending on several factors. Here's a general overview of the steps and timeframes involved:

• Prelicensing Coursework: The prelicensing coursework consists of two modules, each with 45 hours of study. How quickly you complete these courses depends on your schedule and the course format you choose. Some individuals may opt for an intensive, full-time course that lasts a few weeks, while others may prefer a part-time or online study approach. On average, completing the coursework may take anywhere from a few weeks to a few months.
• Idaho Real Estate Salesperson Exam: Once you've completed the prelicensing coursework, you can schedule and take the Idaho Real Estate Salesperson Exam. The availability of exam dates and the time it takes to prepare for the exam can vary, but the exam itself typically takes a few hours to complete.
• Affiliating With A Real Estate Broker: After successfully passing the exam, you'll need to find a licensed real estate broker to affiliate with. The time it takes to secure a position with a broker can vary based on your networking efforts and the availability of positions. Some individuals may find a brokerage relatively quickly, while others may take time to explore their options.

The time required to obtain an Idaho real estate license can range from a few months to several months, depending on individual circumstances. It's essential to plan your path around personal goals, schedule, and the specific requirements of the licensing process.

Read Also: 11 Best Platforms For Your Real Estate Social Network

How Much Do Agents In Idaho Make?

An Idaho real estate agent's earnings are directly tied to their proficiency in handling property transactions and the scale of their commissions. The income of real estate agents in Idaho can fluctuate considerably, depending on their level of expertise, the extent of their clientele, and the prevailing conditions in the real estate market.

Data from Indeed indicates that the average annual salary for a real estate agent in Idaho hovers around $94,107. It's crucial to recognize, however, that income potential spans a broad spectrum, with some agents earning around $43,580 while others achieve a substantial $203,215 or even more per year.

Final Thoughts On How To Become A Real Estate Agent In Idaho

Learning how to become a real estate agent in Idaho may seem complex, but by following the steps outlined in this guide, aspiring agents can make the process a lot easier. From confirming eligibility to completing prelicensing coursework, passing the exam, affiliating with a brokerage, and engaging in ongoing education, this comprehensive roadmap is designed to make the process more accessible and transparent. By adhering to these steps, anyone with determination and commitment can embark on a fulfilling career as a real estate agent in the Gem State.

Ready to take your real estate career to the next level? Contact Real Estate Skills today and unlock the full potential of your real estate ventures. Our experts are here to provide guidance, resources, and strategies to help you thrive in the real estate investing industry. Don't miss out on this opportunity to enhance your skills and boost your success. Get in touch with us now and elevate your career in real estate.