Real Estate Agent Permit Requirements in Detroit, MI

1. EIN (Employer Identification Number)

   Required if you operate as an LLC, corporation, or have employees. Free from the IRS. Even sole proprietors may benefit from obtaining an EIN to keep business and personal finances separate.

   Official government source

   Free·Immediate (online application)

   Free

   Immediate (online application)

1. Michigan Department of Licensing and Regulatory Affairs — Salesperson License

   Michigan requires real estate salesperson applicants to complete 40 hours of pre-licensing education from an approved provider, pass the Michigan Real Estate Salesperson Exam (administered by PSI), and apply to Michigan LARA. You must work under a licensed Michigan broker.

   Official government source

   $79 (exam fee) + $88 (license fee) + $150–$350 (pre-licensing education)·4–10 weeks

   $79 (exam fee) + $88 (license fee) + $150–$350 (pre-licensing education)

   4–10 weeks

2. Michigan — Errors & Omissions (E&O) Insurance for Real Estate Licensees

   Michigan does not require real estate salespersons or brokers to carry Errors & Omissions insurance as a condition of licensure. Real estate brokers and salespersons are licensed by LARA's Bureau of Professional Licensing under Article 25 of the Michigan Occupational Code, and the bureau's real estate licensing requirements do not include an E&O policy. In practice E&O is a private contractual requirement: most brokerages require affiliated agents to be covered, either under the brokerage's master policy or through an individual policy, and the terms — carrier, coverage limits, deductible, and whether the agent or the brokerage pays — are set by that brokerage agreement, not by the state. Confirm the requirement and the limits with your sponsoring broker before assuming a figure.

   Official government source

   Set entirely by the private insurance market and by your brokerage's contract; Michigan publishes no mandated premium or minimum coverage limit because it imposes no E&O requirement on licensees. Many agents are covered under a brokerage master policy at a per-agent charge rather than buying a standalone policy.·No state process applies, so there is no regulatory processing period. Binding coverage is a commercial transaction whose speed depends on the carrier or broker and on underwriting, and agents covered under a brokerage master policy are typically added administratively.

   Set entirely by the private insurance market and by your brokerage's contract; Michigan publishes no mandated premium or minimum coverage limit because it imposes no E&O requirement on licensees. Many agents are covered under a brokerage master policy at a per-agent charge rather than buying a standalone policy.

   No state process applies, so there is no regulatory processing period. Binding coverage is a commercial transaction whose speed depends on the carrier or broker and on underwriting, and agents covered under a brokerage master policy are typically added administratively.

1. City of Detroit — No Additional Local License Required for Agents

   Real estate salespersons in Detroit are licensed at the state level through Michigan LARA. No additional Detroit city-specific license is required for individual salespersons.

   Official government source

   No additional fee for individual agents·N/A

   No additional fee for individual agents

   N/A

Official Sources

• Michigan LARA — Real Estate Salesperson
• Michigan LARA — Real Estate Salesperson

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