The real estate industry is a regulated industry in America. To operate as a Real Estate Agent, you must pass rigorous state exams and pay both licensing fees and exam fees with some states requiring additional background checks before being granted access to your license. The amount varies largely by State but can cost anywhere from $500-$1200 on average. Today in this blog post we are going to discuss; how much does it cost o get a real estate license.
To get a real estate license, you need to pass an examination after completing the pre-licensing course. States charge for these services, so there are some financial costs to getting your real estate license. Financial costs vary by state, but if we examine three states: California (which charges $495), Texas ($25), and Florida ($100) – it’s possible to see that the cost varies with each state. Let’s check out how much does it cost to get a real estate license in Florida, California, and Texas.
In California, people must be 18 or older to apply for real estate. Applicants are required to disclose any criminal or disciplinary action and take 135 hours of college-level courses in order to get their license. The exam fee is $60 while the licensing cost is $245 at a minimum with packages ranging from 150 dollars by just getting materials only up to over 1000 dollars if you want live lessons as well as practice exams questions included.
In California, getting a real estate license is not cheap. A standard base package of $400 will cost you an additional $705 to get the papers that make it official.
Candidates in Texas must be 18 years old, submit to fingerprinting, and meet the requirements for honesty. Additionally, candidates must complete 180 hours of qualifying education and pass the exam with a $54 examination fee (and a total cost of getting a real estate license at $762).
To be a real estate agent in Florida, you must have at least 18 years of age and complete 63 hours of coursework for the pre-licensing program. You also need to pass an exam with 45-hour post-licensing board courses which will cost $570 total if taking into account college tuition rates that are on average around $450 per semester or credit hours.