1). File documents with the Department of Financial Institutions relating to the legal creation of the business entity, if required to do so by law. Meet current legal requirements to engage in business as a business entity in Wisconsin.
2). Complete the application for a real estate business entity license.
If the business entity is a corporation, at least one of the corporate officers is required to hold a current real estate brokers license. If the business entity is a partnership, at least one of the partners has to hold a current real estate brokers license. If the business entity is a limited liability company or limited liability partnership, one of the members must hold a current brokers license.
3). Submit completed application, all required documentation and application fee. The affidavit must be signed by a business representative in the presence of a notary public.
4). Department review of application. Listed business representatives are checked for valid licensure.
5). Determination to grant license.
Check the FAQs to determine if a credential can be transferred from other States/Countries.
Biennial renewal due by December 14 of even-numbered years
Common Denial Reason:
Incomplete application.
Convictions of crimes or pending charges may be grounds for denial of license if the circumstances of the conviction or charge are substantially related to professional practice.
