im in school right now for it. it was only 380$ and the test fee is only 25$ so how is that expensive?
and it only takes 2 months to get ur license? or is everyone poor?
2007-01-31 18:01:57 · 5 answers · asked by beach_babe971 1 in Business & Finance ➔ Renting & Real Estate
AND....if i fail the test on the first time.....i get 110% money back guaranteed.
2007-01-31 18:04:39 · update #1
I thought about doing that on the side and I asked a real estate agent because she said you need $ to start out. She said you have to pay to be associated with a real estate company if you want resources and clients and that's what costs the $$...The getting started part. Good Luck, though, its an interesting field to get into!
2007-01-31 18:08:15 · answer #1 · answered by Jess 3 · 0⤊ 0⤋
The class and the test are the least of your worries. Once you pass you have to join a real estate board ($500 or so) Then you have to pay your license dues,(another $500 or so) then you need to buy business cards, signs, lock boxes, and most likely a good laptop. not to mention advertising. This can cost 100-200 a week. This business is not for everyone, and remember you most likely wont get paid for 4-6months. There's your real expense. By the way, get a good cell phone plan because those bills can hit you hard, and the cell phone is the life line of a Realtor!!
RE agent,
Remax
2007-02-01 01:18:20 · answer #2 · answered by frankie b 5 · 1⤊ 0⤋
The class and test are one thing, but you have to consider the on going costs of having your license. Paying your license dues, joining your local real estate board, buying your lockboxs and lockbox keys, getting your business cards, and of course the life blood of realty, advertising. Depending on the broker, you may also be responsible for purchasing your own open house signs as well as listings signs when you finally get a listing. All this before you receive your first commission which may be months away. Don't get me wrong once the ball is rolling it is the greatest business in the world, but the startup costs are like any other business, expensive. Good luck!
2007-01-31 18:10:06 · answer #3 · answered by RN 2 · 1⤊ 0⤋
The test isn't necessarily expensive. The cost of doing business as an agent is expensive.
2007-01-31 23:56:38 · answer #4 · answered by Anonymous · 1⤊ 0⤋
yes, but it doesn't give you a real estate broker's license, only real estate salesperson's license
2007-01-31 18:09:44 · answer #5 · answered by nebben76 2 · 0⤊ 0⤋