How Much Does It Cost To Become A Real Estate Agent In Washington State?

The fixed costs associated with obtaining a Washington state real estate broker’s license include: $138.25 – broker licensing examination fee. $42.80 – fingerprint and background check fees. $146.25 – broker license and application fee.

How long does it take to become a realtor in Washington state?

You must successfully complete 90 hours of approved real estate education within a two-year time frame before you can take the broker’s exam. The 90 hours of education must consist of a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices.

How much does it cost for real estate school?

On average, real estate school costs between $100 and $900, though your costs will vary by state and school. Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.

Is the Washington real estate exam hard?

Answer all of the questions and don’t leave any empty spaces on your answer sheet. Passing the Washington real estate exam is not as hard as you think if you are prepared, calm, and thorough. Commit to the steps above, and you should pass the test.

Is there a lot of math on the real estate exam?

No matter what state you are wanting to get a real estate license in, you can expect to see math questions on the exam. While the number of math questions on the exam varies from state-to-state, the total number of math-related questions is somewhere between 10-15%.

How long is a real estate course?

1. Real Estate License Education. In a traditional classroom environment, students will complete their state credit-hour requirements in 4-6 months on average. In an online school, students will complete the same courses significantly quicker – around 2-3 months on average.

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How long does it take to be a real estate agent?

You can become a real estate agent in about four to six months, depending on where you live. Online prelicensing classes can speed up the process. Requirements vary by state, but the general steps are to take a real estate prelicensing course, take the licensing exam, activate your license, and join a brokerage.

How hard is the real estate exam?

Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.

Do real estate agents make a base salary?

Do Real Estate Agents Get Paid a Base Salary? Most real estate agents are paid on a commission-only basis. But certain agents—including those who are employed by companies like Redfin—get a base salary plus bonuses.

Is a real estate agent a good job?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

How many questions is the WA real estate exam?

The national portion of the Washington Real Estate broker exam is comprised of 80 questions. In order to pass the exam an examinee must answer 60 out of the 80 questions correctly (75% correct). The time limit allowed to complete the Real Estate Broker Exam on the national portion is 2.5 hours.

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Does real estate require college?

Education and Training In most cases, you don’t require a college degree to become a real estate agent, but it does help potential career job seekers stay competitive and relevant. An associate or bachelor’s degree is more than sufficient—perhaps in business, finance, or any other related field.

Does real estate pay well?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Is real estate a stressful career?

The job of a real estate agent is considered one of the most stressful jobs you can have, according to CareerCast’s 2010 Jobs Rated report, which analyzed the stress level of 200 professions.

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