A licensee who wishes to engage in real estate practice as an employee of a broker-employer shall notify the department of the name of the broker-employer on forms prescribed by the board. If this notice is provided at the time of application for original licensure, the department may not charge a fee in addition to the fee specified in s.
440.05 (1)
, Stats. If the notice is provided other than at the time of application for original licensure, the licensee shall pay the fee specified in s.
440.05 (7)
, Stats.