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North Dakota is on the verge of becoming one of the nation’s hottest real estate markets, thanks to its lack of an income tax. It also has a relaxed licensing process for getting into this new market and provides leniency that allows brokers from other states to work there without obtaining licenses first.
North Dakota is the only state that allows real estate license reciprocity. This means that if you have a real estate license in another state, you can get your North Dakota license without taking any tests or exams. Read more in detail here: north dakota real estate license reciprocity.
This tutorial will teach you all you need to know about getting your real estate license and working as a real estate agent in North Dakota.
You’ll learn about North Dakota’s fundamental real estate license criteria, exam facts including as pass rates and test prep, reciprocity restrictions, county-by-county breakdowns of the state’s most costly real estate, and more.
So, take a cup of coffee and let’s get this party started.
Basic Real Estate Requirements for Licensing in North Dakota
In comparison to other states, obtaining a real estate license in North Dakota is rather simple. Only 45 classroom hours of commission-approved pre-licensing training are required. In Texas, however, candidates must finish 180 hours of coursework in order to get a real estate license. Here’s a basic rundown of North Dakota’s real estate license requirements:
North Dakota requires pre-licensing courses.
To get a real estate license in North Dakota, you must finish 45 hours of real estate pre-licensing courses that include the following topics:
- Contracts and Agency Relationships
- Ownership/Interest in Real Estate
- Finance
- Property Investments
- Regulations on Marketing (purchase and rental)
- Management of Real Estate
- Calculations for Real Estate
- The Real Estate Commission’s Responsibilities and Powers
- Requirements for Licensing
- Statutory Requirements Governing Licensee Activities
- Statutory Requirements for Land Sales in Subdivided or Out-of-State (Registration Requirements, Disclosure Requirements)
- The Real Estate Education, Research, and Recovery Fund was established to promote real estate education, research, and recovery.
Information about the North Dakota Real Estate Exam
You should have no trouble passing the test if you study hard and take the courses properly. We offer Real Estate Exam Scholar’s Exam prep course if you need assistance preparing for the exam. They provide excellent test preparation at a reasonable cost. Even better, if you don’t pass the first time, they will refund your money.
Real Estate Exam Scholar is a great place to start.
Questions for the North Dakota Pre-Licensing Exam
- There are 140 multiple-choice questions in all (to be completed in 3.5 hours)
- On the national section, there are 100 questions (70 correct to pass)
- On the state-specific section, there are 40 questions (30 correct to pass)
What Should You Bring to Your Exam?
- 2 pieces of legal identification with signatures One form of identification must be a government-issued photo ID; a basic calculator is required for arithmetic issues.
- When the test reservation was made, a confirmation number was assigned.
Passing Grade
To pass the North Dakota Real Estate Salesperson Exam, you must have a score of 75%.
Pass Rate
N/A
Fee for a Real Estate Salesperson License in North Dakota
$100
North Dakota has an exam fee.
$130
Requirements for Education
To apply for a license in North Dakota, you must have at least a high school certificate or a GED.
Age
Applicants must be 18 years old or older.
Residency
Anyone who is a U.S. citizen or a legally admitted immigrant is eligible to apply.
Exemptions
The real estate sales associate prerequisite course is waived for any current member of the North Dakota Bar who is in good standing and qualifies under the real estate licensing legislation.
Previous Offenses
Even if you have a criminal past, you may still apply for a real estate license. It is preferable if candidates mention their criminal background on their application, along with any essential documentation linked to the conviction, if any. Your application will be sent to the Division of Criminal Justice Information Systems and the Federal Bureau of Investigation when you submit your fingerprints. Each application will be evaluated on their own merits after an inquiry.
North Dakota Real Estate Schools Online
While taking your real estate pre-licensing course in person can be helpful, online courses are much cheaper and offer the exact same courses. Search Google to find North Dakota Real Estate Schools Online.
Reciprocity and portability of North Dakota real estate licenses
If you want to work in states other than North Dakota, you should be aware of the state’s real estate license reciprocity and portability rules.
- Mutual Recognition: North Dakota has reciprocity agreements with four states:
- Georgia, Iowa, Minnesota, and Tennessee are all states in the United States.
- Cooperation: Portability
Check out our real estate license reciprocity and portability guide for more information about real estate license portability in North Dakota.
How to Pick the Right Real Estate Company in North Dakota to Work For
Let’s be honest. It’s not simple to find the ideal brokerage to work with in any state. Check out our in-depth guide on choose the appropriate real estate business to work with to make your decision a little simpler.
Check out our buyer’s guide comparing Keller Williams, RE/MAX, and Century 21 once you’ve completed reading the guide.
If you’re looking for the most successful real estate brokerages in North Dakota, go no further than Real Trends’ list of the best real estate brokerages in North Dakota for 2017.
Fargo
*Real Trends Market Leaders 2017 data
Counties in North Dakota with the Highest Average Listing Price and Median Sales Price in 2017
Let’s face it, greater listing prices translate to bigger commission checks. Check out this sales data from Trulia’s North Dakota property pricing page (week ending June 21) to get a feel of which counties in North Dakota provide the most prospects for big bucks:
The “check status of real estate application” is a process that can be done by the applicant themselves. They must fill out an application and then wait for it to be approved or denied.
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