How do you become a real estate agent in Massachusetts?

How much does it cost to get a real estate license in MA?

Massachusetts Real Estate License Costs

Prelicensing Classes (40 Hours) $249 (through The CE Shop)
Massachusetts Real Estate License Exam Fee $54
Massachusetts Real Estate License Exam Application Fee $31
Massachusetts Real Estate License Fee $103 – $150 (depending on your birthdate)
Total Cost $546 – $593

How much does a new real estate agent make in Massachusetts?

While ZipRecruiter is seeing salaries as high as $165,147 and as low as $21,730, the majority of First Year Real Estate Agent salaries currently range between $57,040 (25th percentile) to $112,995 (75th percentile) with top earners (90th percentile) making $140,700 annually in Massachusetts.

How long is real estate school in Massachusetts?

The Massachusetts Board of Real Estate Brokers and Salespersons requires the completion of a 40 hour course at an accredited school. Once the course is complete you will receive a certificate that allows you to apply to take the state licensing exam.

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Do real estate agents make good money 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 difficult is the Massachusetts 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.

How long is a ma real estate license good for?

The continuing education MUST be completed BEFORE renewing your real estate license to active, current status (NO EXCEPTIONS). The twelve (12) hour requirement is for each license term (a license is good for two years).

How many hours do real estate agents work?

New agents expecting a short workweek are in for a rude awakening: Only 22 percent of real estate agents work fewer than 30 hours a week. Nearly half (49 percent) work 40 hours or more. What’s more, over half (53 percent) say they work the same hours or longer today than they did their first year.

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 are top paying jobs?

Here is a look at the top 100 highest-paying jobs:

  1. Cardiologist. National average salary: $351,827 per year.
  2. Anesthesiologist. National average salary: $326,296 per year.
  3. Orthodontist. National average salary: $264,850 per year.
  4. Psychiatrist. National average salary: $224,577 per year.
  5. Surgeon. …
  6. Periodontist. …
  7. Physician. …
  8. Dentist.
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Is it worth it to become a real estate agent?

Choosing to become an estate agent is no longer a stop-gap or part-time job, but a real career choice with excellent prospects. It is an option definitely worth considering for graduates and school leavers, especially those with ambition, drive and initiative and who enjoy dealing with people.

Can I get my Massachusetts 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 do I study for 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.