Real Estate Agent Permit Requirements in Madison, WI

Complete permit and license guide for starting a real estate agent in Madison, Dane County, Wisconsin.

$450 -- $1200 4–14 weeks to obtain license and begin practice 4 requirements

Not legal advice. Requirements may change — always verify with your local government authority before applying. Last verified: .

Madison / Dane County Requirements

1 requirement
1

City of Madison — No Additional Local License Required for Agents

Real estate salespersons in Madison are licensed at the state level through the Wisconsin DSPS. No additional Madison city-specific license is required for individual salespersons.

No additional fee for individual agentsN/A
Official government source

Wisconsin State Requirements

2 requirements
1

Wisconsin Department of Safety and Professional Services — Salesperson License

Wisconsin requires real estate salesperson applicants to complete 72 hours of pre-licensing education from an approved school, pass the Wisconsin Real Estate Salesperson Exam (administered by PSI), and apply to the Wisconsin Department of Safety and Professional Services (DSPS). Must work under a licensed Wisconsin broker.

$65 (exam fee) + $75 (license fee) + $300–$500 (pre-licensing education)4–12 weeks
Official government source
2

Errors & Omissions (E&O) Insurance

Most real estate brokerages require agents to carry Errors & Omissions (E&O) insurance, which protects against claims of negligent acts or omissions in real estate transactions. Some states mandate it; most brokerages require it. Coverage typically starts at $100,000 per occurrence.

$300–$800/year1–5 business days
Official government source

Federal Requirements

1 requirement
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.

FreeImmediate (online application)
Official government source

Official Sources

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