Wyoming Real Estate Licenses
Looking to secure a Wyoming real estate license? This guide covers all the essential steps and requirements, including real estate continuing education.
It’s suitable for everyone across Wyoming, with specific insights for major cities like Cheyenne (WY).
We highlight the best real estate classes and online courses available, ensuring you have access to quality education and resources to succeed in Wyoming’s real estate industry.
Don't Become a Realtor If...
If you’re seriously interested in getting your real estate license, here are some great additional resources:
Requirements
To become a real estate agent in Wyoming, you must:
- Be at least 18 years old
- Be a U.S. citizen or lawful permanent resident
- Have a high school diploma or equivalent (GED)
Like all US states, Wyoming allows out-of-state applicants, so you do not need to reside there to become licensed as a real estate agent.
Pre-Licensing Education
Complete 54 hours of pre-license education through courses approved by the Wyoming Real Estate Commission. These courses include:
- Wyoming Real Estate Principles and Practices (54 hours)
Examination
Wyoming Real Estate Exam Details
Exam Structure
- Total Questions: 132 multiple-choice questions
- National Portion: 100 questions
- State-Specific Portion: 32 questions
- Time Limit: 4 hours total (3 hours for the national portion, 1 hour for the state portion)
- Passing Score: 70% on each section
Registration and Fees
- Exam Fee: $141, payable when scheduling the exam through PSI Services.
- Registration: After completing your 54 hours of pre-licensing education, submit your application to the Wyoming Real Estate Commission. Once approved, you can register for the exam through PSI Services.
Identification Documents
- Required ID: Candidates must bring two forms of identification on exam day, including a government-issued photo ID with a signature (e.g., driver’s license or passport).
Exam Difficulty and Passing Rates
The Wyoming Real Estate Exam is considered moderately challenging, requiring adequate preparation for both the national and state-specific portions.
Required Forms and Documents
- Pre-License Education Certificate
- Proof of completing 54 hours of pre-license education from an accredited provider is required.
- Initial License Application
- Submit your initial license application through the Wyoming Real Estate Commission after completing pre-licensing education.
- Sponsorship Form
- You must have a sponsoring broker at the time of application, and a Sponsorship Form signed by your broker must be included with your application.
- Application Fee
- The fee is $300, payable when submitting your license application.
Background Check
- Fingerprinting
- Approved Vendor: Fingerprinting must be completed through a Wyoming-approved vendor, such as IdentoGO.
- Cost: The fingerprinting fee is approximately $39, payable directly to the vendor.
- Submission
- The fingerprint results will be sent directly to the Wyoming Real Estate Commission as part of your application process.
- Processing
- The Wyoming Real Estate Commission will review your background check results before approving your license application.
Application
After passing the exam and completing the background check, submit your license application to the Wyoming Real Estate Commission.
- Application Fee: $300
Post-Licensing Education
Wyoming does not require post-licensing education for new real estate agents.
Continuing Education
Total Hours Required: Licensees must complete 45 hours of continuing education every three years to renew their license.
- Core Courses (24 hours): Licensees must complete 24 hours of mandatory core courses, covering topics such as:
- Wyoming Real Estate Law and Updates
- Contracts and Agency
- Ethics and Fair Housing
- Elective Courses (21 hours): The remaining hours can be elective courses on topics such as:
- Real Estate Finance
- Property Management
- Environmental Issues
Approved Providers
- Continuing education courses must be completed through an approved provider listed by the Wyoming Real Estate Commission.
Submission
- Proof of course completion must be submitted through the Wyoming Real Estate Commission’s online portal.
Consequences of Non-Compliance
- Inactive License: If you fail to meet the CE requirements within the three-year period, your license will be placed on inactive status, preventing you from practicing real estate.
- Reactivation: To reactivate your license, you must complete the required CE hours and submit proof to the Wyoming Real Estate Commission.
Wyoming Real Estate Education Options
Online Options
1. Kaplan Real Estate – Best Overall
Kaplan Real Estate offers a structured learning experience for Wyoming students, providing both live online and self-paced formats.
Pros
- Multiple formats: Offers live online classes and self-paced options.
- Experienced instructors: Known for delivering high-quality education.
Cons
- Higher cost: More expensive than budget-friendly options, but justified for quality.
Get 10% off with our Kaplan Real Estate discount link.
2. The CE Shop – Best Budget Option
The CE Shop is the most affordable option for real estate education in Wyoming, providing a solid self-paced curriculum.
Pros
- Affordable: The 30% discount makes it budget-friendly.
- Self-paced: Flexibility for students to study at their own speed.
Cons
- Mixed reviews: Some students report issues with engagement and customer service.
- No live instruction: Entirely self-paced learning without live classes.
Get 30% off with Discount Code “INBOUNDREM” using our CE Shop discount link.
3. Colibri Real Estate
Colibri Real Estate offers flexible learning formats, including self-paced courses and live webinars, suitable for Wyoming students.
Pros
- Flexible formats: Offers both self-paced courses and live webinars.
- Pass guarantee: Refund if you don’t pass the state exam.
Cons
- Additional costs: Study resources may increase the total price.
Up to 15% off with our Colibri Real Estate discount link.
In-Person Options by Major Cities
Cheyenne
- Wyoming Real Estate Academy: Offers in-person pre-licensing and continuing education courses.
- Laramie County Community College: Provides in-person real estate courses, including pre-licensing education.
Casper
- Casper College: Offers in-person pre-licensing and continuing education classes.
- Central Wyoming College: Provides in-person real estate education.
Laramie
- University of Wyoming School of Continuing Education: Offers a variety of in-person educational courses for pre-licensing and continuing education.
Reciprocity
Full Reciprocity
Wyoming does not offer full reciprocity with any state.
Partial Reciprocity
Wyoming offers partial reciprocity. If you hold an active real estate license in another state, you may qualify for a waiver of some of the pre-licensing education requirements.
You will still need to pass the Wyoming state-specific portion of the real estate exam and fulfill other state-specific requirements.
For detailed information and required forms, visit the Wyoming Real Estate Commission Reciprocity Information.
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Broker's License
To become a real estate broker in Wyoming, you must:
- Have at least two years of active real estate salesperson experience within the last five years
- Complete 54 hours of broker pre-license education
- Pass the Wyoming Real Estate Broker Examination
- Submit a broker license application to the Wyoming Real Estate Commission
Criminal Record
The Wyoming Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis.
If you have a felony or other serious criminal conviction, you may still apply for a real estate license, but the Commission will consider the nature of the crime, the time elapsed since the conviction, and evidence of rehabilitation.
Crimes involving fraud, theft, or moral turpitude are particularly scrutinized. It’s recommended to contact the Wyoming Real Estate Commission directly to discuss your specific circumstances and determine your eligibility.
Cost Breakdown
Item | Cost Range |
|---|---|
Total | $941 – $1,441 |
Pre-License Education | $400 – $700 |
Exam Fee | $141 |
Background Check | $50 – $100 |
Application Fee | $300 |
Continuing Education | $50 – $200 per cycle |
Resources and Contacts
- Wyoming Real Estate Commission: (307) 777-7141 | realestate@wyo.gov
- Street Address: 2617 E. Lincolnway, Suite H, Cheyenne, Wyoming 82002
- Telephone: (307) 777-7141
- Fax: (307) 777-3796
- Email: realestatecommission@wyo.gov
- License Renewal Website
- License Lookup Website
- PSI Examination Services: (800) 733-9267
Document Checklist
- Proof of age (ID, birth certificate)
- Proof of U.S. citizenship or lawful permanent resident status
- High school diploma or GED certificate
- Completion certificates for 54 hours of pre-license courses
- Exam pass notification from PSI
- Fingerprint submission and background check confirmation
- Completed application form for the Wyoming Real Estate Commission
- Payment for application fee
Step-by-Step Guide to Becoming a Real Estate Agent in Wyoming
- Meet Basic Requirements: Ensure you are at least 18 years old, a U.S. citizen or lawful permanent resident, and have a high school diploma or equivalent (GED).
- Complete Pre-License Education: Enroll in and complete 54 hours of pre-license courses approved by the Wyoming Real Estate Commission.
- Schedule and Pass the Examination: Register for the Wyoming Real Estate Salesperson Examination through PSI. Study for and pass the exam, ensuring you achieve a minimum score of 70% on both the national and state-specific portions. Pay the exam fee of $141.
- Submit to a Background Check: Arrange for fingerprinting and a criminal background check through a Wyoming Division of Criminal Investigation-approved vendor. Ensure all required documentation is submitted to the Wyoming Real Estate Commission.
- Submit Your Application: Complete and submit the real estate license application to the Wyoming Real Estate Commission, including the application fee of $300.
- Find a Sponsoring Broker: To activate your license, find a licensed Wyoming real estate broker to work under. This is required for both temporary and permanent licensure.
- Begin Your Real Estate Career: Once your license is issued, start your career as a licensed real estate agent in Wyoming.
- Complete Continuing Education: Every three years, complete 45 hours of continuing education, including mandatory and elective courses, to maintain and renew your license.
Wyoming Real Estate Agent Salary
In Wyoming, real estate agents earn an average salary of $74,135 per year, with typical earnings ranging from $30,000 to $140,000.
The median salary is around $70,000, suggesting a consistent income distribution. Top agents, particularly in popular areas like Cheyenne and Jackson, can earn upwards of $160,000 annually.
Wyoming’s real estate market is influenced by a mix of rural and resort properties, offering varied opportunities for agents.
The state’s low cost of living enhances the overall value of these earnings, making it an appealing market for real estate professionals.
FAQs
Can I become a real estate agent in Wyoming if I have a felony?
The Wyoming Real Estate Commission reviews applications from individuals with a criminal record on a case-by-case basis. Certain felonies, particularly those involving fraud or moral turpitude, may disqualify you. Contact the Commission for specific inquiries.
How long does it take to become a real estate agent in Wyoming?
It typically takes 3-6 months to complete the pre-license education, pass the exam, and obtain your license.
What is the cost to become a real estate agent in Wyoming?
The total estimated cost ranges from $1,041 to $1,641, including education, exam fees, background checks, and application fees.
Does Wyoming have reciprocity with other states?
Wyoming does not offer full reciprocity but offers partial reciprocity with other states. You may need to pass the Wyoming state-specific portion of the real estate exam and meet other requirements.
Summary
Becoming a real estate agent in Wyoming involves meeting educational requirements, passing an exam, undergoing a background check, and completing post-license and continuing education.
By following these steps and utilizing the provided resources, you can successfully start and maintain your real estate career in Wyoming.
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We have an agreement with The CE Shop to promote online course information to consumers and real estate licensees. We are not the developer of these courses and is simply providing a referral. All education is provided by The CE Shop and any questions regarding course content or course technology should be directed to The CE Shop.