Frequently Asked Questions
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General Questions
1. Is an Iowa real estate licensee permitted to participate in the various
loan originator
programs offered by mortgage lenders on the Internet?
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Licensing Questions
1. What is required to become a
salesperson?
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2. How do I file a complaint against a real estate agent?
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3. How do I obtain a criminal
history background kit?
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4. What is required to become a
broker?
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5. How do I know how many continuing
education hours I have completed?
Answer:
The Real Estate Commission is not responsible for keeping
track of continuing
education hours
6. How many hours of continuing
education is required to renew?
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7. How do I place my license on
inactive status?
Answer:
We need the wall license returned to us with a signed letter from
the broker
informing us to put the license on inactive status and including
the most recent
home address of that licensee.
8. How do I transfer my license from one company
to another?
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Here to View Answer
9. Which states have reciprocal licensing agreements with
Iowa?
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Here to View Answer
10. How will I know when my background check
is complete?
Answer:
When the background check is completed the applicant will be notified by
letter
from the Commission’s office that the process is
completed and they can send in
their application for licensure.
(There is also a link on our website: http://
www.state.ia.us/irec
listing
names of
individuals whose backgrounds are completed.)
11. Where can I find
applications?
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Here to View Answer
12. How do I become active when my
license is on inactive status?
Answer:
If all
continuing education hours have been completed, we will accept a fax
with a
signed letter from the broker requesting the
licensee’s license plus proof of E & O
Insurance. Please include the firm license
number and the agents license number
in the letter.
13. What happens if I do not have all my
continuing education hours complete by
the time I renew?
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14. How do I change my name or address
with the Real Estate Commission?
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15. Once the Real Estate Commission has my completed application,
how long will
it take to get my license?
Answer:
Normal processing time is 1 – 3
business days.
16. What happens if my broker
lost my license?
Answer:
The broker may fax in a signed letter telling us the license has been
lost and
asking to reissue the license.
17. Who do I
call to schedule my exam?
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18. This is
my first time renewing, what classes are required?
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19. What classes are required to renew
my license?
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20. How many hours of continuing
education can I take on line?
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21. How do I find the Certificate of
License History form?
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22. Where can I go to find my
license number?
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23. How do I know if my license is
active or inactive?
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24. Where can I purchase Errors and
Omissions Insurance?
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Updated September 6, 2007
Established June 21, 2000
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