Obtaining your real estate license in Iowa is a bit more complicated of a process than other states that will require a lengthy time commitment and the passing of a final and state exam. After meeting the basic requirements required by the state of Iowa to obtain your license, you will begin by completing the 30 required hours of pre-licensing work from an accredited Iowa real estate institution. With different options across the state, the choice can be a bit overwhelming. To aid in your decision-making, we’ve rounded up the best real estate schools in Iowa for you to take a look at. Regardless of where you reside in the state, there are many qualified institutions that offer online education.
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Best Real Estate Schools in Iowa
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Real Estate Express
Kaplan
Mbition1. Real Estate Express
Number One Best Online Real Estate Schools In Iowa
The first option on my list of best online real estate schools in Iowa is Real Estate Express. Given its dependability and reputation, it can be a great option for new agents. While Real Estate Express offers courses in multiple states, their Iowa-based program is especially useful! Though the pros far outweigh the cons, it’s important to discuss both to make a well-rounded decision. (Take a closer look at this Iowa real estate school in my extensive Real Estate Express review.)
Pros
Multiple Iowa Packages
Schools that offer more than one choice are always a plus in my book. Luckily, the Iowa Real Estate Express offers four different packages ranging in price and features. I love schools that offer multiple options for students so that they can choose what works best for them. Whether you’re just interested in the basics or need the ultimate package, Real Estate Express’ has got you covered.
Nationally Accredited Iowa School
You can study easily knowing that the Iowa Real Estate Express is accredited by national organizations responsible for ensuring high quality. ARELLO and the IDECC have both approved Real Estate Express’ pre-licensing coursework.
High Iowan Student Reviews
The Iowa Real Estate Express currently rates a 4.34 out of 5 stars. With hundreds of reviews and the majority of them being positive, you can expect this Iowa school to provide the quality education you’re looking for.
An Iowa Real Estate Exam Pass Guarantee
Every level aside from the basic one gives students a pass or don’t pay guarantee. This means that you will have a safety net should anything go wrong with the testing or outcome of the course.
Cons
Does Not Offer All Curriculum
Iowa has a unique requirement for students to complete 60 hours of pre-licensing coursework prior to working on the second portion of courses. Not particularly classified as continuing education, but more so the next level, it will need to be completed prior to licensing. Unfortunately, the Iowa Real Estate Express only offers the first portion of pre-licensing coursework but not the extended 36 hours required. This means you will need to find another school for the second educational requirement.
2. Kaplan
Second Best Online Iowa Real Estate Schools
For the next choice on my list of real estate schools in Iowa, I’ve chosen Kaplan. Kaplan offers a real estate education in an affordable and engaging format. Not only does it promise to exceed Iowa state guidelines for obtaining your license, but it nurtures each student’s time at the school to ensure better agents enter the market. Though not my first choice, I still consider Kaplan to be a great option for your online Iowa real estate school. Learn more about Kaplan in my Kaplan review.
Pros
Affordable Iowa Real Estate Package
Ranging in price from $369 for the basics all the way up to $699 for a deluxe “career launcher” package, I’m pleased with the pricing model at Kaplan Iowa. Comparing these figures to similar Iowa schools, these low-end is a relatively affordable option for those simply looking for the basics.
Real Estate Commission Approval
One of the most important aspects of any respectable school is the stamp of approval from organizations that maintain quality. When it comes to this online Iowa real estate school, the Real Estate Commission approves the institution’s teachings.
Flexible Online Iowa Coursework
Available 24/7 and accessible at your own pace, this school is great for those that require a bit of flexibility. Additionally, since it’s online you’re able to work from home without unnecessary commutes or uncomfortable classroom settings. When you stop or pause during the coursework, your progress will be saved as you go.
Great Iowa Real Estate School Reviews
Of nearly one thousand reviews on Trustpilot, the overwhelming majority are advocates of the Iowa Kaplan real estate course. Frequent praise is given to the course’s intuitive layout, easy-to-follow work, and abundance of information related to a career as a real estate agent.
Large Iowa Law and Regulation Class Portfolio
Aside from the explicitly required coursework by the Iowa government, students are free to pick their general coursework so long as it fills the required hours. Choices range in specification and prices if you’re stitching together your course load manually. Options include buying on a budget, helping older populations to avoid being scammed, cost-effective home improvement, and down payment options!
Cons
Shorter Iowa Completion Window
This may not be an issue if you’re planning to complete your pre-licensing coursework immediately, but for those requiring any sort of flexibility or who want a cushion in case something goes wrong, may not appreciate the six-month time frame for completing coursework.
3. Mbition
Third Best Online Iowa Real Estate Schools
Last on my list of best online real estate schools in Iowa is Mbition. Though the last in this ranking, Mbition is still a great choice for any potential agent looking to complete their pre-licensing coursework. There are a few reasons that Mbition makes the list, but the primary draw here is it’s Iowa state compliance and excellent customer service and support. My Mbition review will reveal more.
Pros
Online Bookstore to Prepare Future Iowan Agents
One of the unique options Mbition features is an online bookstore that can be added to your cart while checking out with your coursework. This is a great addition to your studies to help with preparing you to become the best agent possible. With everything in one place, it’s efficient and convenient to find both federal and Iowa-specific materials.
An Iowa Real Estate Exam Pass Guarantee
Every package, aside from the basic one, offers a pass guarantee. Though not every school includes a guarantee like this, I am always a fan of the ones that do, even if just the second and third tier package offerings. The peace of mind that comes with an extra chance or test credit can relieve much stress on test day, so much so that you may not even need the retake!
Multiple Iowa Package Levels
Mbition offers multiple packages for students, which is always great to ensure the student gets as customized of an education as possible. In addition to the packages, Mbition also offers a stripped-down version of required coursework (only the written materials, no extras) for $254.15 at the time of writing this. The most basic package, the silver, features the coursework, instructor math and technical support. From there, the packages continue to scale with more benefits.
Cons
Lack of interaction
With so many online real estate schools in Iowa offering interaction for students, it’s unfortunate that this strictly online Iowa real estate school does not provide much room for peer support. Instead, students can expect to lead themselves through the coursework, which may work for some, but not others that thrive on collaboration and feedback.
Iowa Real Estate School FAQ
How Do I Get My Real Estate License In Iowa?
To obtain your real estate license in Iowa, you will need to do the following:
1. Meet Requirements. Currently, the only requirement for obtaining your real estate license in Iowa is to be 18 years or older.
2. Pre-Licensing Coursework. After meeting the basic requirements, you will begin the coursework process. This consists of 60-hours as mandated by the state of Iowa. You will need to pass your coursework and ultimately pass the final real estate school exam before continuing on to the next step.
3. Live Classroom Instruction. Unfortunately, just because you’ve completed your pre-licensing coursework does not mean you’re in the clear. The next step will include an additional 36 hours of live instruction. These courses include best practices for: buying, listing, and developing professionalism and ethics. Each is 12 hours long. *This coursework does not need to be completed prior to moving forward with the state testing and licensing process.
4. Background Check. Once you’ve completed your pre-licensing work, you will need to submit your information to the state of Iowa for processing. It goes without saying, but you will need to pass this background check in order to become a licensed real estate agent in Iowa. This process can take up to a month as federal and state databases are referenced.
5. Complete State Exam. To pass the Iowa state licensing exam, you will need to score above 70%.
6. Once you’ve taken all required coursework and passed the state exam, you will want to purchase errors and omissions (E & O) insurance and locate a brokerage to sponsor and mentor your beginning stages of real estate.
How Long Does It Take To Become A Real Estate Agent In Iowa?
The length of time it takes to become a licensed real estate agent in Iowa can vary. At the basest level, you can expect it to take 96 hours, which include the 60 hours of pre-licensing coursework and 36 hours of live instruction add-on coursework. From there, the process for your background check, finding a sponsoring broker, and obtaining a test date can vary.
How Much Does It Cost To Get A Real Estate License In The State Of Iowa?
The price for obtaining your real estate license in the state of Iowa will depend on the institute you choose to study at. The pre-licensing courses can range in price from $200-$600 or more and then you will need to add the cost of the additional live-instruction coursework. Additionally, exams will cost $95. The background test without a waiver is currently priced at $51.00. Together, the total can begin at roughly $400 and go up from there.
How Much Do Real Estate Agents Make In Iowa?
On average, real estate agents make about $86,140 in Iowa. Top earners and those in the businesses for a decade or more can make well into the hundreds of thousands. At the low end, for inexperienced agents or ones with sparse clientele, the figure could drop down to $35,000 or so.
Does Iowa Have Licensing Reciprocity With Other States?
Yes! Iowa has one of the most robust reciprocity lists in the country. States eligible for license reciprocation include nearby Arkansas, Louisiana, Minnesota, Mississippi, North Dakota, Georgia, and Massachusetts. The process to transfer is relatively easy and you should contact the Iowa or desired state’s real estate office for more information.
How Many Licensed Real Estate Agents Are There In Iowa?
There are an estimated 4,000 or so licensed real estate agents in Iowa.
How Difficult Is It To Become A Real Estate Agent In Iowa?
Though the process has a few more steps than other states, it is not difficult to obtain your license in Iowa. In simply following the above mentioned process or being sure to follow all rules outlined by your chosen real estate institute, the process should be seamless.
Do I Need A College Degree To Become A Real Estate Agent In Iowa?
Nope! Iowa does not have an education requirement for those hoping to become real estate agents. The only requirement is that you are 18 years or older.
What ID Will I Need To Get A Real Estate Agent In Iowa?
The ID required to become a real estate agent in Iowa will need to satisfy background check requirements. These documents may include a Social Security card, state ID, or birth certificate. Additionally, Iowa does not have a residency or citizenship requirement for agents. If you do not have the above-mentioned documents, be sure to supply any alternatives that help to verify identity.
If I Have A Felony Record, Can I Become A Real Estate Agent In Iowa?
Whether or not you can become a licensed real estate agent in Iowa with a criminal record varies and is considered on a case-by-case basis. Crimes that are cause for concern when it comes to representing clients with integrity include: extortion, theft, arson, embezzlement, conspiracy to defraud, forgery, and similar crimes. You will want to contact the Iowa Commission Staff for questions; however, the general rule of thumb is a five year waiting period from the time of a completed sentence or settlement in court.
How Many Times Can I Take The Iowa Real Estate License Exam?
You can retake the Iowa licensing exam as many times as it takes to pass, however, you will pay the $95 fee each and every time.
What Is Covered In The Iowa Real Estate License Exam?
The Iowa Real Estate License Exam consists of a state and national portion, both of which must be passed to qualify for a license. The test is a multiple-choice exam and will have a total of 120 questions, 80 of which are state related and 40 are the national portion. Through one test, the two sections will be scored separately, and you must pass each with a 70%.
Can I Practice Real Estate Without A License In Iowa?
No. You may not practice without a license in Iowa, even if licensed in another state. Not only is it criminal, it is also extremely dangerous for all parties involved.
What Score Do I Need To Pass The Iowa Real Estate Exam?
To pass the Iowa real estate exam, you will need a score of 70% or higher on both the national and state portion.
Are There Continuing Education Requirements For Real Estate Agents In Iowa?
Yes. Every three years agents are required to complete continuing education. Typically, this requirement will be fulfilled with 36 hours of coursework including a required eight hours in law and four hours in ethics. The other credits can consist of electives.
What Do I Need To Bring To The Iowa Real Estate Licensing Exam?
The only thing you will need to bring for your Iowa real estate licensing exam, and the only thing permitted in the testing room, is identification. Nothing else will be allowed in with you and the exam administrator recommends leaving everything else in your car or at home.
What Happens If I Fail The Iowa Real Estate Licensing Exam?
First things first – don’t panic! The real estate licensing exam is lengthy and stressful. If you fail on your first try, you are eligible to retake the exam so long as it is within a year of completing your coursework. Depending on your real estate school, you may have a built-in retake credit as well.
