Wisconsin Real Estate License License Law and Regulations 1 — Questions and Answers
Question 1: What is the minimum age required to obtain a Wisconsin real estate salesperson license?
- 18 years old (Correct answer)
- 21 years old
- 16 years old
- 25 years old
Correct answer: 18 years old
Wisconsin law requires all real estate salesperson applicants to be at least 18 years of age.
Question 2: Which Wisconsin state agency administers and oversees real estate licensing?
- Department of Safety and Professional Services (DSPS) (Correct answer)
- Wisconsin Real Estate Commission
- Department of Commerce
- Wisconsin Housing Finance Authority
Correct answer: Department of Safety and Professional Services (DSPS)
The Wisconsin Department of Safety and Professional Services (DSPS) issues and regulates all real estate licenses in the state.
Question 3: How many hours of approved pre-license education are required to sit for the Wisconsin real estate salesperson exam?
- 72 hours (Correct answer)
- 40 hours
- 60 hours
- 90 hours
Correct answer: 72 hours
Wisconsin requires completion of 72 hours of DSPS-approved pre-license coursework before an applicant may take the licensing exam.
Question 4: Which testing provider administers the Wisconsin real estate salesperson licensing exam?
- PSI/AMP (national and state portions) (Correct answer)
- Pearson VUE only
- A broker-administered competency test
- ARELLO-approved state exam only
Correct answer: PSI/AMP (national and state portions)
Wisconsin uses PSI/AMP as its third-party testing vendor; applicants must pass both the national and Wisconsin-specific state portions.
Question 5: What is the license term for a Wisconsin real estate salesperson license?
- 2 years (Correct answer)
- 1 year
- 3 years
- 4 years
Correct answer: 2 years
Wisconsin real estate salesperson licenses are valid for a 2-year period and must be renewed biennially.
Question 6: Before a Wisconsin salesperson license can be activated, what must the licensee do?
- Affiliate with a licensed Wisconsin broker (Correct answer)
- Pay a separate activation fee to DSPS
- Complete 10 additional hours of post-license education
- File a surety bond with the state
Correct answer: Affiliate with a licensed Wisconsin broker
A Wisconsin salesperson license is not active until the licensee is affiliated with and sponsored by a licensed Wisconsin broker.
Wisconsin Real Estate License License Law and Regulations 1
What is the minimum age required to obtain a Wisconsin real estate salesperson license?