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How much does it cost to get your real estate license in Massachusetts?

How much does it cost to get your real estate license in Massachusetts?

Getting your Massachusetts real estate license costs about $500.

How long is real estate school in Massachusetts?

about 40 hours
Massachusetts Real Estate License Requirements It takes about 40 hours to complete an approved Massachusetts real estate license exam prep course and on average takes students 2-4 weeks. This article explains exactly what you need to know to get a Massachusetts Real Estate License.

How do I get my real estate license in Massachusetts?

5 Steps Toward Getting Your Massachusetts Salesperson License

  1. Complete 40 hours of approved Massachusetts Pre-Licensing education.
  2. Pass the course final exam.
  3. Gain approval from the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.
  4. Pass the Massachusetts Real Estate Salesperson Examination.

Is the Massachusetts real estate exam online?

TL;DR: Yes, you can take the Massachusetts real estate course online. You can also take the State license test online.

How much does a realtor make in Massachusetts?

For example, Massachusetts, with it’s expensive housing market and high real agent commissions, has a much higher average income for real estate agents: the average Massachusetts real estate sales agent makes $84,180 per year according to Forbes, and the average Boston real estate broker makes $103,720 per year.

How much do beginner Realtors make?

According to a 2018 survey by McKissock, the average first-year real estate agent earns approximately $15,000. This goes up to $38,141 between years one and three.

Is part-time real estate worth it?

If you’re working real estate part time as a side job, it can be a good way to supplement your regular income. You’ll gain experience in the industry. Working real estate part time will allow you to learn from other real estate agents, which can help you determine if you want to start doing it as a full-time job.