Getting Your Real Estate License
People asked me all the time how much it cost to get a Real Estate license. My answer is always:
- More than you realize.
- But not payable all at one time.
- It is a lot less expensive than opening a store front and being in business by yourself.
For a peek at what it looks like, see below. These figures are approximate and can change without notice or prior obligation.
Getting Your License - Month 1 | |
|---|---|
Real Estate School (www.McKissock.com) There are all kinds of schools. | $400.00 |
Cost of PSI test | $150.00 |
Total | $550.00 |
Getting Your License - Month 2 | |
|---|---|
Errors & Omissions Insurance (www.Risceo.com) every 2 years | $260.00 |
*RealTracs MLS Dues (3 months) - paid every quarter | $115.00 |
Dotloop E-Signature Fee - paid annually | $240.00 |
Business Cards | $50.00 |
Finger Printing | $60.00 |
Sentri Lock Key (to get in houses) - paid annually | $120.00 |
Sentri Lock Charger (to charge your key) (www.MTAR.org) | $35.00 |
Total | $1,450.00 |
Getting your License - Month 3 | |
|---|---|
Sentri Lock Box (security box for holding keys on homes listed; per box) | $115.00 |
Yard Signs (for listing homes) per sign | $160.00 |
Name tag (www.RecognitionExpress.com) | $60.00 |
Domain Name (www.GoDaddy.com) | $20.00 |
Total | $275.00 |