50-State Real Estate Broker Licensing Compliance Guide
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Idaho Real Estate License

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Licensing requirements for Idaho brokerage firms.

A business entity offering real estate brokerage services to the public typically must register with the real estate commission before conducting business activity. For assistance with licensing, please contact us to learn about our software and managed license services.

Company Licenses

Idaho Real Estate Company Licenses

Idaho Branch Office License

Agency:Idaho Real Estate Commission
Eligible Entity Types:
  • Corporations
  • General Partnerships
  • Professional Associations
  • Limited Liability Companies
Foreign Qualification is Prerequisite:Yes
Ownership Requirements:

The branch office must operate under the same name as the main office.

Financial Requirements:

Attach a copy of the Trust Account Notification Form (REE-088)

Insurance Requirements:
  • Errors and omissions insurnace is required and must have an effective date on or before the date the application is submitted. Pick either option below. 
    • Rice Insurance Servicves Company (attach a copy of the RISC certificate of coverage for the BOM)
    • Independent Coverage (attach completed, signed Certification of E&O Coverage form REE-141 or REE-142 showing coverage for the BOM (Branch Office Manager))
Registered Agent (Special Agency) Required?No
Qualifying Individual Requirements:
  • The BOM must be licensed as a broker in Idaho.
  • The BOM must have completed the Idaho Business Conduct & Offi ce Operations* or Brokerage Management* course within the 3 years immediately preceding the date of this application.
    • *Attach a copy of the completion certifi cate if it is not already recorded on your IREC education record.
  • The designated broker of the main office must name a managing associate broker for the branch office
  • The managing associate broker must complete all requirements for a broker’s license

Initial Registration

Form:

Branch Office Registration Application 

Filing Method:

Mail 

Agency Fee:

$50

Turnaround:

10 business days

Penalties:

Applications that are illegible, incomplete, or missing the fee or required attachments will be immediately returned without processing

Notes:

When the branch office name and license number appear as active status in the License Lookup on the IREC website, the license has been approved.

Required Attachments:
  • Broker License Application for proposed Branch Office Manager (if not already licensed as an Idaho broker)
  • Trust Account Notification Form (REE-088) 
  • E&O Insurance Certification of Coverage for the Branch Office Manager
  • Completion of the BCOO or Brokerage Management course within the previous 3 years

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by date of issuance.

Idaho Real Estate Business Entity License

Agency:Idaho Real Estate Commission
Eligible Entity Types:
  • Corporations 
  • General Partnerhsips 
  • Limited Liability Partnerhsips 
  • Limited Partnerships 
Foreign Qualification is Prerequisite:Yes
Financial Requirements:

Attach a  Trust Account Notification Form (REE-088)

Insurance Requirements:
  • E&O insurance must have an effective date on or before the date you submit your application
    • Rice Insurance Services Company (Commission group policy - attach copies of separate RISC certificates of coverage - 1 for the DB and 1 for the corporation) - OR
    • Independent Coverage (attach completed, signed Certification of E&O Coverage form(s) (REE-141 and/or REE-142) showing coverage for both the DB and the corporation)
Qualifying Individual Requirements:
  • Corporations shall designate and appoint one of its officers to be the Designated Broker.
  • Limited partnerships shall designate and appoint a general partner to be Designated Broker. 
  • Limited liability partnerships shall designate and appoint a general partner to be Designated Broker. 
  • General partnerships shall designate and appoint one of its partners to be Designated Broker. 
  • The designated broker must complete all requirements for a broker’s license. 
  • If already licensed as a broker, the following documents are required: 
    • An additional completed license application for the business entity.  The expiration date of a business entity license will be the same as the expiration date of the designated broker’s license.
    • Proof of separate E&O insurance for the business entity.
    • Completed Trust Account Notification form. 
    • If applicable, a copy of the file-stamped Certificate of Assumed Business Name from the Idaho Secretary of State.

Initial Registration

Form:

Corporation/LLC/Partnership License Application

Filing Method:

Mail 

Agency Fee:

$50

Required Attachments:
  • Corporations: 
    • List of Officers and Directors (names, titles, and addresses of all officers and directors of the corporation).
    • Corporate Registration (attach a file-stamped copy of either the Articles of Incorporation or Certificate of Authority (if a foreign corporation) issued by the Idaho Secretary of State).
    • DBA Registration (if applicable, attach a file-stamped copy of the Certificate of Assumed Business Name issued by the Idaho Secretary of State).
    • Corporate Resolution stating that the proposed DB has full authority to act on behalf of the company has been named the Designated Broker and is a director or officer for this corporation.
    • Trust Account Notification Form (REE-088) whether you will hold entrusted funds or not.
    • E&O Insurance Certification of Coverage form for both the DB and the corporation (part 4)
    • Broker License Application for proposed DB (if not already licensed as an Idaho broker).
    • Verification of completing the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB  or AB to DB applicants only).  
  • Limited Liability Companies:
    • List of Members and Managers (names, titles and addresses of all members and managers of the LLC).
    • LLC Registration (attach a file-stamped copy of either the Certificate of Organization of the Limited Liability Company or Certificate of Authority (if a foreign corporation)issued by the Idaho Secretary of State). 
    • DBA Registration (if applicable, attach a file-stamped copy of the Certificate of Assumed Business Name issued by the Idaho Secretary of State).
    • Operating Agreement stating that the proposed DB has full authority to act on behalf of the company, has been named the Designated Broker, and is a member or manager for the Limited Liability Company.
    • Trust Account Notification Form (REE-088) whether you will hold entrusted funds or not.
    • E&O Insurance Certification of Coverage form for both the DB and the company (part 4).
    • Broker License Application for proposed DB (if not already licensed as an Idaho broker).
    • Verification of completing the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB  or AB to DB applicants only).
  • General Partnerships:
    • List of partners (names, titles and addresses of all partners of the partnership).
    • Partnership Registration (attach the file-stamped copy of either the Statement of Qualification of Partnership or Statement of Foreign Qualification (if a foreign partnership) issued by the Idaho Secretary of State).
    • DBA Registration (if applicable, attach a file-stamped copy of a Certificate of Assumed Business Name issued by the Idaho Secretary of State).
    • Partnership Agreement stating that the proposed DB has full authority to act on behalf of the company is a  general partner, and has been named the Designated Broker for the company. 
    • Trust Account Notification Form (REE-088) whether you will hold entrusted funds or not.
    • E&O Insurance Certification of Coverage form for both the DB and the company (part 4).
    • Broker License Application for proposed DB (if not already licensed as an Idaho broker).
    • Verification of completing the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB  or AB to DB applicants only).
  • Limited Liability Partnerships:
    • List of partners (names, titles and addresses of all partners of the partnership).
    • Limited Liability Partnership Registration (attach the file-stamped copy of either the Statement of Qualification of Limited Liability Partnership or Statement of Foreign Qualification (if a foreign limited liability partnership) issued by the Idaho Secretary of State). 
    • DBA Registration (if applicable, attach a file-stamped copy of a Certificate of Assumed Business Name issued by the Idaho Secretary of State).
    • Limited Liability Partnership Agreement stating that the proposed DB has full authority to act on behalf of the company, is a general partner and has been named the Designated Broker for the company. 
    •  Trust Account Notification Form (REE-088) whether you will hold entrusted funds or not.
    • E&O Insurance Certification of Coverage form for both the DB and the company (REE-141/REE-142).
    • Broker License Application for proposed DB (if not already licensed as an Idaho broker).
    • Verification of completing the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB  or AB to DB applicants only).
  • Limited Partnerships:
    • List of partners (names, titles, and addresses of all partners of the partnership).
    • Limited Partnership Registration (attach the file-stamped copy of either the Statement of Qualification of Limited Liability Partnership or Statement of Foreign Qualification (if a foreign limited liability partnership) issued by the Idaho Secretary of State). 
    • DBA Registration (if applicable, attach a file-stamped copy of a Certificate of Assumed Business Name issued by the Idaho Secretary of State).
    • Limited Partnership Agreement stating that the proposed DB has full authority to act on behalf of the company, is a general partner and has been named the Designated Broker for the company.
    • Trust Account Notification Form (REE-088) whether you will hold entrusted funds or not.
    • E&O Insurance Certification of Coverage form for both the DB and the company (REE-141/REE-142).
    • Broker License Application for proposed DB (if not already licensed as an Idaho broker).
    • Verification of completing the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB  or AB to DB applicants only).

Registration Renewal

Form:

Online

Filing Method:

Mail 

Agency Fee:

$50

Due:

Biennially. The expiration date of a business entity license will be the same as the expiration date of the designated broker’s license.

Individual Licenses

Idaho Individual Real Estate Licenses

Idaho Real Estate Broker License

Agency:Idaho Real Estate Commission

Initial Registration

Form:

Broker License Application

Agency Fee:

$160

Registration Renewal

Filing Method:

Online

Agency Fee:

$160

Due:

Biennially

Idaho Real Estate Salesperson License

Agency:Idaho Real Estate Commission

Initial Registration

Form:

Salesperson License Application

Agency Fee:

$160

Registration Renewal

Filing Method:

Online

Agency Fee:

$160

Due:

Biennially

Learn about real estate licensing in other states:

Associate Broker - Associate brokers are qualified to work independently as a broker, but choose to work under the authority of a designated broker.

On-Site Manager - A broker or salesperson who oversees the operations of a branch office under the authority of the designated broker.

Qualifying Broker/Designated Broker - An experienced and licensed real estate broker responsible for management and operation of a real estate firm.

Real Estate - Land, buildings, and their permanent improvements and fixtures. Also called "real property" in contrast to personal property.

Real Estate Agent - This term refers generally to any licensed real estate professional.

Reciprocity - Reciprocity makes it easier for out-of-state real estate firms to gain approval to operate in a foreign state by streamlining some licensing requirements.

Association of Real Estate License Law Officials (ARELLO)
Offers a license verification database accross 43 jurisdictions.

NAIOP Commercial Real Estate Development Association Agencies
Aid education, research, and advocacy efforts in the real estate industry.

National Association of Realtors
Real estate trade organization that provides information and resources for development of the real estate industry.

Urban Land Institute
Research and education association concerned with responsible land use and creating sustainable communities.

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