Wisconsin Real Estate License License Law and Regulations 1

Question 1

What is the minimum age required to obtain a Wisconsin real estate salesperson license?

Accepted Answer

18 years old

Answer

21 years old

Answer

16 years old

Answer

25 years old

Question 2

Which Wisconsin state agency administers and oversees real estate licensing?

Accepted Answer

Department of Safety and Professional Services (DSPS)

Answer

Wisconsin Real Estate Commission

Answer

Department of Commerce

Answer

Wisconsin Housing Finance Authority

Question 3

How many hours of approved pre-license education are required to sit for the Wisconsin real estate salesperson exam?

Accepted Answer

72 hours

Answer

40 hours

Answer

60 hours

Answer

90 hours

Question 4

Which testing provider administers the Wisconsin real estate salesperson licensing exam?

Accepted Answer

PSI/AMP (national and state portions)

Answer

Pearson VUE only

Answer

A broker-administered competency test

Answer

ARELLO-approved state exam only

Question 5

What is the license term for a Wisconsin real estate salesperson license?

Accepted Answer

2 years

Answer

1 year

Answer

3 years

Answer

4 years

Question 6

Before a Wisconsin salesperson license can be activated, what must the licensee do?

Accepted Answer

Affiliate with a licensed Wisconsin broker

Answer

Pay a separate activation fee to DSPS

Answer

Complete 10 additional hours of post-license education

Answer

File a surety bond with the state