Your question: How do I get my real estate license in Massachusetts?

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

Massachusetts Real Estate License Costs

Prelicensing Classes (40 Hours) $469 (through The CE Shop)
Massachusetts Real Estate License Exam Fee $54
MA Real Estate License Exam Application Fee $31
Massachusetts Real Estate License Fee $103-$150 (depending on your birthday)
Total Cost $786-$833

Can I get my MA real estate license online?

TL;DR: Yes, you can take the Massachusetts real estate course online. You can also take the State license test online. Click here to learn more about our online course.

How much money does a realtor make in Massachusetts?

The average salary for a real estate agent in Massachusetts is around $58,760 per year.

How hard is the ma real estate exam?

Briefly, the MA real estate license test is 120 questions, and you need to score at least a 70% to pass the test. Get your real estate license. Seriously, that’s it. After you pass the exam, you’ll receive your license on the spot.

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Can you be a part time realtor?

Yes, you can be a part-time real estate agent. The process of becoming a part-time agent is almost exactly the same as for people training to become a full-time agent. The only difference is that some brokerages typically won’t hire people who work part-time.

What’s the difference between real estate agent and broker?

Real estate agents have a professional license to help people buy, sell, and rent real estate. … Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.

Is real estate a good career in Massachusetts?

Boston, MA ranks #4 among the top 150 places in the country to work as a real estate agent. … It means that real estate job opportunities abound, and that you’re more likely to be able to get a job in Massachusetts than somewhere else. It also means that you can expect good pay and a healthy housing market.

How much do top 10% Realtors make?

In 2020, the median pay for real estate agents in the U.S. was roughly $49,000. The lowest 10% of earners made less than $25,000, while the highest 10% of earners made more than $112,000.

What is Realtor salary?

REALTOR median yearly income is around $49,700. REALTORS with 16 years of experience or more averaged nearly $86,500 per year. 27% of REALTORS earned more than $100,000 per year.

Is it worth becoming a real estate agent?

One of the greatest advantages of becoming a real estate agent is the unlimited income potential. … That’s because real estate agents work for a commission. Typically, the agent walks away with 2.5% – 3% of a property’s sale price. Depending on the local housing market prices, the commission can be substantial.

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How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

How do I pass the Massachusetts real estate exam?

How to Pass the Massachusetts Real Estate License Exam

  1. Know Which “Advice” to Throw Out. …
  2. Take a Practice Exam. …
  3. Don’t Cram. …
  4. Schedule Your Study Time. …
  5. Take a Breather. …
  6. Focus on Vocabulary. …
  7. Get a Study Partner. …
  8. The Day Before the Test.