Iowa

Iowa Real Estate Study Guides

The Iowa License Professor is Iowa's number one provider of high quality real estate knowledge designed to help YOU pass your Iowa real estate exam the first time. Explanations and feedback given by the Iowa License Professor is provided by real estate license instructors and professional realtors from across the United States. Many students have already aced their Iowa real estate exam by preparing with the Iowa License Professor. Shouldn't you?

Contents


Iowa state specific topics include:

  • Commission regulations
  • Licensing requirements
  • Agent responsibilities and disclosures
  • Record-keeping
  • Advertising requirements

The Iowa License Professor covers all of the PSI necessary fundamentals of real estate including; 1) Property Ownership, 2) Land Use Controls and Regulations, 3) Valuation and Market Analysis, 4) Financing, Laws of Agency, 5) Mandated Disclosures, 6) Contracts, Transfer of Property, 7) Practice of Real Estate, 8) Mathematics, 9)Specialty Areas, as well as, 10) state specific content.

Studying with the Iowa License Professor will:

  • Increase your understanding of course material
  • Improve your exam comfort, familiarity, and completion speed
  • Start preparing immediately as there is no software to be delivered
  • Work from home comfortably (slippers allowed): Study wherever and whenever you desire
  • Have no need to attend expensive exam prep classes or real estate license school

The content for each IA real estate exam has been extensively planned out by the Iowa License Professor's editorial staff; professionals who teach real estate license courses all over Iowa. Through their valuable years of instructional experience they have created a series of practice tests that help future realtors prepare for their real estate exam. Don't set up to fail. Pass the real estate exam using the excellent practice exams and informative feedback that the Iowa License Professor's system provides.

The Iowa License Professor covers:

  1. Introduction to the Real Estate Business
  2. Real Property and the Law
  3. Concepts of Home Ownership
  4. Agency
  5. Real Estate Brokerage
  6. Listing Agreements and Buyer Representation
  7. Interests in Real Estate
  8. Forms of Real Estate Ownership
  9. Legal Descriptions
  10. Real Estate Taxes and Other Liens
  11. Real Estate Contracts
  12. Transfer of Title
  13. Title Records
  14. Real Estate Financing: Principles
  15. Real Estate Financing: Practice
  16. Leases
  17. Property Management
  18. Real Estate Appraisal
  19. Land-Use Controls and Property Development
  20. Fair Housing and Ethical Practices
  21. Environmental Issues and Real Estate Transactions
  22. Closing the Real Estate Transaction
  23. Real Estate Math
  24. Iowa Law and Practice

Iowa Real Estate License Requirements

In the State of Iowa , exams, licensing, and continuing education for real estate agents are governed by the Iowa Professional Licensing Bureau.

There are two basic real estate licenses in Iowa, a salesperson's license and a broker's license. Generally, a salesperson's license allows the holder to sell real estate only under the auspices of a licensed broker. (Salesperson's licenses are generally what people refer to when they say they have a real estate license.)

To obtain the salesperson's license, a person must:

  • Must be 18 years of age - no residency or citizenship requirement
  • Must be sponsored by broker after they pass the exam; cannot apply for an inactive license
  • Complete the 60-hour pre-license course from an approved provider
  • Successfully pass the state and national portions of the examination
  • Undergo a criminal history and background investigation
  • Obtain errors and omissions insurance
Sample Salesperson Exam

To obtain the broker's license, a person must:

  • A broker applicant must have 24 months of active salesperson experience and complete 72 hours of broker pre-license education within the preceding 24 months
  • Successfully pass the state and national portions of the examination
  • Undergo a criminal history and background investigation
  • Provide verification of current errors and omissions insurance
  • Include current wall certificate with the application
  • Brokers who have never renewed as a salesperson must provide documentation of attendance of the following three courses: 12 hours buying practices, 12 hours listing practices and 12 hours developing professionalism and ethical practices
Sample Brokers Exam

Iowa has reciprocal agreements with:

  1. Alabama
  2. Arkansas
  3. Georgia
  4. Louisiana
  5. Massachusetts
  6. Minnesota
  7. Mississippi
  8. North Carolina
  9. North Dakota
  10. Tennessee
  11. West Virginia

Anyone holding licenses from any of these states may apply for a reciprocal license, and may be able to forego some classroom work and other requirements.