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Wisconsin Real Estate Broker — Requirements & Free Practice

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Real Estate Broker

Individual broker license.

Licensing authority: Wisconsin Real Estate Examining Board / Department of Safety and Professional Services · Application information

Active duty and post discharge licence extension
No examination is required for this applicant pathway.
Eligibility
License expires during military active duty; a spouse qualifies when not practicing because the service member is on active duty.
Extension
Wisconsin Act 210 extends the credential to 180 days after discharge; further extension or continuing-education hardship relief may be requested on Form R210.

Official no-examination sources

Effective from 2026-09-22.

Licensure by endorsement: nonresident broker experience
Wisconsin Real Estate Brokers Examination
Application
Submit the verified application and prescribed fees; provide nonresident irrevocable consent under Wis. Stat. § 452.11 when applicable.
Criminal history
Disclose convictions and pending charges; individual felony eligibility is governed by Wis. Stat. § 452.25, including the three-year post-confinement suitability determination and statutory exceptions.
Education
REEB 25.028: an active broker license in another licensing jurisdiction within two years permits the six-hour Wisconsin broker and thirteen-hour Wisconsin salesperson education equivalency; otherwise satisfy the ordinary education requirements.
Experience
Nonresident applicant: at least two years as a licensed broker under another jurisdiction’s law within four years before application (REEB 12.017(3)(d)).
License verification
Arrange official verification under DSPS Form 2688, including license type, issue and expiration dates, status, and discipline; verification must come through the licensing authority’s third-party submission.
Minimum age
At least 18 years old under REEB 12.01(7).
Oral accommodation
Wis. Stat. § 452.09(3)(b) directs an oral examination for an applicant unable to write because of a physical handicap; this is an accommodation of the licensing examination, not evidence of an independently registered examination.
Salesperson examination
Wis. Stat. § 452.09(3)(d) also requires passage of the Wisconsin salesperson examination. This is another profession’s examination and is recorded as a condition under this survey contract. DSPS Exam Information states: "If you hold an active salesperson's license or have already taken and passed the examination for salespersons, you do not have to take the exam again."
Score age
Submit the application and documentation before examination scores are one year old (Pearson June 2026 handbook, p. 4).
Licensure by endorsement: Board waiver for equivalent experience
Wisconsin Real Estate Brokers Examination
Application
Submit the verified application and prescribed fees; provide nonresident irrevocable consent under Wis. Stat. § 452.11 when applicable.
Criminal history
Disclose convictions and pending charges; individual felony eligibility is governed by Wis. Stat. § 452.25, including the three-year post-confinement suitability determination and statutory exceptions.
Education
Applicants who have never held an out-of-jurisdiction broker license must meet ordinary broker/salesperson education or the 20-credit alternative; the six-hour/thirteen-hour equivalency requires an active broker license within two years.
Experience waiver
REEB 12.017(5), effective March 1, 2026: the Board may waive experience requirements when licensed salesperson or broker experience outside Wisconsin is equivalent to an option in REEB 12.017(3)(a)–(d). Submit the experience; waiver is subject to Board review, not an examination waiver.
License verification
Provide official verification of the out-of-jurisdiction license through the licensing authority, not an applicant-uploaded verification.
Minimum age
At least 18 years old under REEB 12.01(7).
Oral accommodation
Wis. Stat. § 452.09(3)(b) directs an oral examination for an applicant unable to write because of a physical handicap; this is an accommodation of the licensing examination, not evidence of an independently registered examination.
Salesperson examination
Wis. Stat. § 452.09(3)(d) also requires passage of the Wisconsin salesperson examination. This is another profession’s examination and is recorded as a condition under this survey contract. DSPS Exam Information states: "If you hold an active salesperson's license or have already taken and passed the examination for salespersons, you do not have to take the exam again."
Score age
Submit the application and documentation before examination scores are one year old (Pearson June 2026 handbook, p. 4).
Initial licensure by examination: certificate of financial responsibility
Wisconsin Real Estate Brokers Examination
Application
Submit the verified application and prescribed fees; provide nonresident irrevocable consent under Wis. Stat. § 452.11 when applicable.
Criminal history
Disclose convictions and pending charges; individual felony eligibility is governed by Wis. Stat. § 452.25, including the three-year post-confinement suitability determination and statutory exceptions.
Education
Complete the Board-approved 72-hour broker business-management program within four years and satisfy the salesperson education/license prerequisite, or complete 20 semester credits in real estate or real estate law. Educational alternatives are applicant conditions under REEB 12.017(1), not examination alternatives.
Eligibility
Hold a current certificate of financial responsibility under Wis. Stat. § 101.654.
Experience
Show real-estate-sales-related experience satisfactory to the Board, or at least one year of supervised licensed salesperson experience with at least 20 points under REEB 12.017(3)(c).
Minimum age
At least 18 years old under REEB 12.01(7).
Oral accommodation
Wis. Stat. § 452.09(3)(b) directs an oral examination for an applicant unable to write because of a physical handicap; this is an accommodation of the licensing examination, not evidence of an independently registered examination.
Salesperson examination
Wis. Stat. § 452.09(3)(d) also requires passage of the Wisconsin salesperson examination. This is another profession’s examination and is recorded as a condition under this survey contract. DSPS Exam Information states: "If you hold an active salesperson's license or have already taken and passed the examination for salespersons, you do not have to take the exam again."
Score age
Submit the application and documentation before examination scores are one year old (Pearson June 2026 handbook, p. 4).
Initial licensure by examination: supervised salesperson experience
Wisconsin Real Estate Brokers Examination
Application
Submit the verified application and prescribed fees; provide nonresident irrevocable consent under Wis. Stat. § 452.11 when applicable.
Criminal history
Disclose convictions and pending charges; individual felony eligibility is governed by Wis. Stat. § 452.25, including the three-year post-confinement suitability determination and statutory exceptions.
Education
Complete the Board-approved 72-hour broker business-management program within four years and satisfy the salesperson education/license prerequisite, or complete 20 semester credits in real estate or real estate law. Educational alternatives are applicant conditions under REEB 12.017(1), not examination alternatives.
Experience
At least two years as a licensed salesperson under direct supervision of a licensed broker within the previous four years, with at least 40 points: five per residential closing, ten per commercial closing, 0.5 per property-management contract month, one per time-share closing (REEB 12.017(3)(a)).
Minimum age
At least 18 years old under REEB 12.01(7).
Oral accommodation
Wis. Stat. § 452.09(3)(b) directs an oral examination for an applicant unable to write because of a physical handicap; this is an accommodation of the licensing examination, not evidence of an independently registered examination.
Salesperson examination
Wis. Stat. § 452.09(3)(d) also requires passage of the Wisconsin salesperson examination. This is another profession’s examination and is recorded as a condition under this survey contract. DSPS Exam Information states: "If you hold an active salesperson's license or have already taken and passed the examination for salespersons, you do not have to take the exam again."
Score age
Submit the application and documentation before examination scores are one year old (Pearson June 2026 handbook, p. 4).
Initial licensure by examination: Wisconsin attorney
Wisconsin Real Estate Brokers Examination
Application
Submit the verified application and prescribed fees; provide nonresident irrevocable consent under Wis. Stat. § 452.11 when applicable.
Criminal history
Disclose convictions and pending charges; individual felony eligibility is governed by Wis. Stat. § 452.25, including the three-year post-confinement suitability determination and statutory exceptions.
Education
A current Wisconsin law license satisfies REEB 12.017(1)(d).
Experience
Show real-estate-related experience satisfactory to the Board, or at least one year of supervised licensed salesperson experience with at least 20 points under REEB 12.017(3)(b).
Minimum age
At least 18 years old under REEB 12.01(7).
Oral accommodation
Wis. Stat. § 452.09(3)(b) directs an oral examination for an applicant unable to write because of a physical handicap; this is an accommodation of the licensing examination, not evidence of an independently registered examination.
Salesperson examination
Wis. Stat. § 452.09(3)(d) also requires passage of the Wisconsin salesperson examination. This is another profession’s examination and is recorded as a condition under this survey contract. DSPS Exam Information states: "If you hold an active salesperson's license or have already taken and passed the examination for salespersons, you do not have to take the exam again."
Score age
Submit the application and documentation before examination scores are one year old (Pearson June 2026 handbook, p. 4).
Late renewal less than five years after expiration
No examination is required for this applicant pathway.
Continuing education
Complete the continuing education for the biennium preceding renewal, then satisfy continuing education for the biennium in which the license is renewed.
Expiration
License expired less than five years after its renewal date.
Fees
Pay the renewal and late-renewal fees.
Renewal date
Renew by December 14 of each even-numbered year; pay the applicable renewal fee and submit required conviction information.

Official no-examination sources

Effective from 2026-09-22.

Military reciprocal licensure
No examination is required for this applicant pathway.
Application
Supply the signed application, fee, Wisconsin residency statement, military/spouse documentation or permitted affidavit, and proof of qualifying license under REEB 12.012(2).
Eligibility
Reside in Wisconsin and be a service member, a qualifying former service member discharged other than dishonorably within four years, or a qualifying spouse, including a surviving spouse as defined in Wis. Stat. § 440.09.
Existing license
Hold a governmental credential outside Wisconsin that qualifies the applicant to perform broker acts; be in good standing in every credentialing jurisdiction.
Renewal
The first credential lasts to the applicable renewal date, or the second such date if the first is within 180 days; subsequent renewal follows the ordinary credential renewal requirements.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal
No examination is required for this applicant pathway.
Continuing education
Complete 18 hours of Board-approved continuing education per biennium, including the biennium in which first licensed. Course completion tests are educational conditions, not separately identified licensure examinations.
Renewal date
Renew by December 14 of each even-numbered year; pay the applicable renewal fee and submit required conviction information.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement with active Wisconsin license within the past five years
No examination is required for this applicant pathway.
Active license
Held an active Wisconsin broker license within the past five years; the REEB 12.04(3)(a)1 education/examination/experience resubmission condition is not triggered.
Discipline
Complete any disciplinary requirements and show rehabilitation or changed circumstances warranting reinstatement; no practice before reinstatement is granted.
Eligibility
Surrendered or revoked license, or expired license with unmet disciplinary requirements; apply for Board reinstatement under REEB 12.04(3).

Official no-examination sources

Effective from 2026-09-22.

Reinstatement without active Wisconsin license within the past five years
Wisconsin Real Estate Brokers Examination
Continuing education
Complete continuing education for the biennium preceding renewal unless specified prelicense equivalency meets it; also complete continuing education for the renewal biennium.
Discipline
Complete any disciplinary requirements and show rehabilitation or changed circumstances warranting reinstatement; no practice before reinstatement is granted.
Education
Within five years complete broker business-management plus salesperson education (salesperson education unnecessary if currently Wisconsin-licensed as salesperson), or 20 semester credits, or REEB 25.028 equivalency when licensed elsewhere within two years, or hold a Wisconsin law license.
Eligibility
Surrendered or revoked license, or expired license with unmet disciplinary requirements; apply for Board reinstatement under REEB 12.04(3).
Experience
Meet the supervised salesperson/40-point experience standard or the attorney/certificate alternatives; an active broker license outside Wisconsin within two years satisfies experience.
Expiration
Broker license expired more than five years; REEB 12.04(2m)(a) prohibits using the initial application process.
Salesperson examination
REEB 12.04(2m)(c)2 requires both broker and salesperson examinations. The salesperson examination is recorded as another profession’s examination, as an applicant condition.
Renewal more than five years after expiration
Wisconsin Real Estate Brokers Examination
Continuing education
Complete continuing education for the biennium preceding renewal unless specified prelicense equivalency meets it; also complete continuing education for the renewal biennium.
Education
Within five years complete broker business-management plus salesperson education (salesperson education unnecessary if currently Wisconsin-licensed as salesperson), or 20 semester credits, or REEB 25.028 equivalency when licensed elsewhere within two years, or hold a Wisconsin law license.
Experience
Meet the supervised salesperson/40-point experience standard or the attorney/certificate alternatives; an active broker license outside Wisconsin within two years satisfies experience.
Expiration
Broker license expired more than five years; REEB 12.04(2m)(a) prohibits using the initial application process.
Salesperson examination
REEB 12.04(2m)(c)2 requires both broker and salesperson examinations. The salesperson examination is recorded as another profession’s examination, as an applicant condition.

Wisconsin Real Estate Brokers Examination

Provider
Pearson
Format
Computer-based multiple-choice examination
Exam questions
100 scored items and 5–10 unscored pretest items
Time limit
3.25 hours
Passing score
75 on a scaled score of 0–100
Exam fee
$65
Examination outline
  • I. REAL ESTATE PRACTICE (19 ITEMS)
    • A. Licenses
    • B. Trust accounts
    • C. Duties of licensees
    • D. Confirmation and disclosure of relationships
    • E. Firms providing services to more than one client in a transaction
    • F. Changes in common law duties of brokers and parties
    • G. Disclosures, investigations and inspections by brokers and salespersons
    • H. Disclosure duty; immunity for providing notice about the sex offender registry
    • I. Disclosure requirements for condominiums
    • J. Responsibilities of firms and licensees
    • K. Change of name or address on license, trade name, or form of organization
  • II. TRUST ACCOUNTS (12 ITEMS)
    • A. Definitions
    • B. Deposits and types of accounts
    • C. Number of real estate trust accounts
    • D. Opening and Closing Trust Accounts
    • E. Account designation
    • F. Duty to notify the Department
    • G. Authorization to examine real estate trust accounts and records
    • H. Form for notification and authorization
    • I. Authorization to sign trust account checks
    • J. Receipt for earnest money received by the licensee
    • K. Escrow agreement for earnest money not held by the broker
    • L. After closing escrow agreements
    • M. Disbursement of trust funds
    • N. Commingling prohibited
    • O. Non-depositable items
    • P. Bookkeeping system
    • Q. Violation of rules
  • III. CONDUCT AND ETHICAL PRACTICES FOR REAL ESTATE LICENSEES (22 ITEMS)
    • A. Definitions
    • B. Competent services
    • C. Advertising
    • D. Disclosure of compensation and interests
    • E. Inspection and disclosure duties
    • F. Tie-in arrangements
    • G. Agreements to be in writing
    • H. Securing agency agreements
    • I. Net listings prohibited
    • J. Confidentiality of offers
    • K. Drafting and submission of offers
    • L. Availability of rules
    • M. Miscellaneous requirements
  • IV. APPROVED FORMS AND LEGAL ADVICE (6 ITEMS)
    • A. Definitions
    • B. Approved forms
    • C. When to utilize approved forms
    • D. Legal advice and practice of law
    • E. How to use approved forms
  • V. DRAFTING AND SUPERVISION KNOWLEDGE (37 ITEMS)
    • A. Forms
    • A. Forms — 1. WB-1 Residential Listing Contract
    • A. Forms — 2. WB-11 Residential Offer to Purchase
    • A. Forms — 3. Real estate condition reports
    • A. Forms — 4. WB-25 Bill of Sale
    • A. Forms — 5. WB-36 Buyer Agency/Tenant Representation Agreement
    • A. Forms — 6. WB-40 Amendment to Offer to Purchase
    • A. Forms — 7. WB-41 Notice relating to Offer to Purchase
    • A. Forms — 8. WB-44 Counter-offer
    • A. Forms — 9. WB-45 Cancellation and Mutual Release
    • A. Forms — 10. WB-46 Multiple Counter-Proposal
    • A. Forms — 11. Agency disclosures
    • A. Forms — 12. Lead-based paint disclosures
    • B. Issues related to forms
    • B. Issues related to forms — 1. Requirement to fax all pages of a contract
    • B. Issues related to forms — 2. Proper contingency drafting with stressing the optional contingencies in the offer
    • C. Obligation to furnish copies and maintain records
  • VI. MISCELLANEOUS (4 ITEMS)
    • A. Fair Housing Law
    • B. Federal lead-based paint law
Examination sources