How much does it cost to get a realtor license? I’ve heard it’s one of the easiest vocational licenses to get, that it can be done in a few weekends. If you got the license could you sell yourself a property and potentially save yourself a lot in transaction costs?
First thing.
You don’t get a REALTOR license. You get a REAL ESTATE license.
THEN when you get the license you sign up to be a REALTOR.
Yes, anyone that can do 11th grade math can, with a little study get a license, but actually making a LIVING from it is very hard.
You COULD sell yourself a property, but most brokers ( you have to work under a broker ) won’t allow it. There’s just too many things a new agent can screw up, putting the broker in a liable position.
Most states allow you to study online and that’s about $300 – $400. THEN you have to take the test, about $80, then pay for the license, about $200, then around $1800 to be a Realtor when it’s all said and done.
April 7th, 2010 at 2:19 am
My now ex-husband got his realtor’s license in two weekends for $50 9or there roundabouts) here in AK. And he was ready to go. Yeah, I was amazed and a bit shocked. I am not sure if I would represent myself after a crash course, since established realtors usually know things they learned from other experienced realtors or for experience itself. either way, good luck!
References :
April 7th, 2010 at 2:46 am
First thing.
You don’t get a REALTOR license. You get a REAL ESTATE license.
THEN when you get the license you sign up to be a REALTOR.
Yes, anyone that can do 11th grade math can, with a little study get a license, but actually making a LIVING from it is very hard.
You COULD sell yourself a property, but most brokers ( you have to work under a broker ) won’t allow it. There’s just too many things a new agent can screw up, putting the broker in a liable position.
Most states allow you to study online and that’s about $300 – $400. THEN you have to take the test, about $80, then pay for the license, about $200, then around $1800 to be a Realtor when it’s all said and done.
References :