Iowa Online 60-Hour Salesperson Pre-license Course
The online 60-hour Iowa Salesperson Pre-license course covers two sections that include the National Real Estate Information/Questions, and State Specific “Iowa” Real Estate Information/Questions. After purchasing the online course ($ 395), you will be sent an information packet that will include: Instructions regarding what you need to have to get your Iowa Real Estate License, a PSI testing booklet – assisting you in signing up for the State exam, a list of additional study materials (including a text book) to help ensure you passing the exam (optional), and a Student Verification Form to send back once the course has been completed, to verify correct spelling of your name and address for your certificate of completion.
You must complete this online course (including any retakes of the final examination) within a six (6) month time frame. The date will be recorded on which the course is purchased and your six (6) month timeframe will begin on that date. Those students who let the six months expire are required to repurchase the course and begin again. Upon passing all the Unit Exams and achieving a score of 75% on the Final Exam, please send back the Student Verification Form to the Quad City Area REALTOR® Association and your certificate of completion will be issued. Please allow at least five business days to receive your certificate. Once you receive your completion certificate, DO NOT LOSE IT, for it is needed to present to the testing center at the time you take your State exam verifying you have completed the required course.
Once you have completed the 60-hour online course and have received your completion certificate, you must schedule your salesperson exam with the PSI testing service. You will need a credit card and the cost is $100. The PSI booklet you receive in your information packet will walk you through how to sign-up for the exam and provide additional information regarding the test. If you do not pass your State exam the first time, you may retake the exam as many times as you wish until you pass. (Note: Each time you retake the State exam it will cost you $100).
The number to call to schedule your Iowa exam is 800-733-9267. The exam is given by appointment only from the following locations in Iowa: Cedar Rapids, Council Bluffs, and West Des Moines. You will also need to know the school number when scheduling your exam, it is “101.” When you arrive at the testing institute you must present your certificate of completion and two forms of identification (see the PSI Booklet for accepted forms of ID), so be careful not to schedule your exam before you have completed the online course and have your certificate.
About The Online Course – Iowa
Each lesson is an interactive tutorial containing modules of information asking you questions about what you have read. The interactive learning process monitors your progress and provides feedback as needed to help you learn the material easily. The lessons are designed so you can work at your own pace. It is easy to use and does not require extensive prior experience with computers. The Online 60-hr Iowa Real Estate Salesperson Pre-license Course is made up of National Material and Iowa Real Estate Law Material.
The course covers the following unit lessons:
National Real Estate Principles:
Introduction To Real Estate Business
Real Property and the Law
Concepts of Home Ownership
Real Estate Brokerage
Listing Agreements & Buyer Representation
Interest in Real Estate
Forms of Ownership
Real Estate Taxes and Other Liens
Real Estate Contracts
Transfer of Title
Real Estate Financing: Principles
Real Estate Financing: Practices
Real Estate Appraisal
Land use Controls & Property Development
Fair Housing & Ethical Practices
Environmental Issues & the Real Estate Transaction
Closing the Real Estate Transaction
Iowa Real Estate Principles:
Operating a Real Estate Business in Iowa
Contracts and Closing Overview
License Law Enforcement Overview
Iowa Specialty Topics
Iowa Title Issues