how much do real estate agentsmake

Wondering how to obtain a real estate license in Seattle? This comprehensive guide provides a step-by-step process to help you navigate through the requirements and successfully obtain your license.

Introduction

Are you considering a career in real estate in the bustling city of Seattle? Acquiring a real estate license is the first step towards kick-starting your journey in this exciting and rewarding industry. This comprehensive guide will walk you through the process of obtaining a real estate license in Seattle, providing you with the necessary information and resources to pursue your dream.

Understanding the Requirements

Before diving into the licensing process, it's crucial to understand the requirements set by the Washington State Department of Licensing (DOL). Here's what you'll need:

  1. Age Requirement: You must be at least 18 years old to apply for a real estate license in Seattle.

  2. Education: Complete 90 hours of approved real estate education from an accredited institution.

  3. Examination: Pass the Washington State Real Estate Exam, which consists of both national and state-specific sections.

  4. Background Check: Undergo a background check to ensure your suitability for a real estate license.

Step-by-Step Process

It takes an average of four (4) months to obtain your real estate license in Washington State. However, many people take far less or far more time to get their Washington real estate license. You can obtain a license in just a few weeks. Or, you can take your time and earn your license over a year.

How much does the Washington state real estate exam cost?

$138.25 per attempt After you've completed your pre-license education and your school has submitted your education information, it's now time to take the Washington Real Estate Exam. The fee to take the exam is $138.25 per attempt. The Washington Real Estate Exam consists of 130 questions.

How long is a real estate license good for in Washington state?

Two years Before receiving a license, every real estate broker, managing broker, and firm must pay a license fee as prescribed by the director by rule. A license issued under the provisions of this chapter expires two years from the issuance date.

How do real estate agents get paid in Washington state?

In Washington, there is no government mandate that dictates the commission rate for real estate agents. However, it is customary for sellers to pay the 6% real estate agent commission from the final proceeds. Usually, 3% of the commission goes to the listing agent, and 3% goes to the buyer's agent.

How much does the average realtor make in Washington?

As of Oct 24, 2023, the average annual pay for a Licensed Real Estate Agent in Washington is $95,308 a year. Just in case you need a simple salary calculator, that works out to be approximately $45.82 an hour. This is the equivalent of $1,832/week or $7,942/month.

How much does the real estate exam cost in Texas?

Cost #2: Exam Fee: $43 per attempt Once your coursework is complete, you can apply to take your TREC real estate exam and get your real estate license. The current exam fee for the sales agent license is $43 per attempt.

How much is the GA real estate exam?

$119 Sample Georgia Real Estate License Costs
Prelicensing course (75 hours)$300-$550
Exam registration$119
Fingerprinting$51.50
License application$170
Total Cost:$640-$890

Frequently Asked Questions

How hard is the Texas realtor exam?

Is the Texas real estate exam hard? Well, given that on average 58% (24,881 passed / 42,857 taken) pass the licensing exam on the first try, as of July 3, 2023 it's safe to say it's not an easy test. Aceable, however, currently holds one of the highest pass rates in Texas. TREC Provider Exam Pass Rates.

How much is Michigan real estate license?

Sample Michigan Real Estate License Costs
Prelicensing Classes (40 Hours)$206 (through Colibri Real Estate)
License Application$88
Exam Registration$79
Total Cost$373
May 1, 2023

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

Nebraska Real Estate Commission Fee Schedule
Type of ServiceFee
Broker Original License Fee$90.00
Salesperson Original License Fee$70.00
Certificate of Licensure$25.00
Broker Renewal Fee - 2 Year$180.00

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

Between $399.50 and $699.50 Cost to Become a Licensed Real Estate Agent in FL In 2023, the total cost of becoming a licensed real estate agent in Florida ranges between $399.50 and $699.50, depending on how much the pre-licensing course costs. If you need to retake the license exam, it's $36.75 per attempt.

How long is real estate school in Mississippi?

60-hour You must complete the 60-hour course, Real Estate 101, and pass the State Exam. As a salesperson you must work under a broker or real estate company. If you have ever been convicted of a felony you must appeal to the Mississippi Real Estate Commission for permission to become licensed.

Is fl real estate test hard?

You need to answer 75% or more of the questions correctly to pass the exam. Florida's exam questions are notoriously tough. Most people who struggled to pass the test the first time reported that they hadn't studied hard enough or taken enough practice tests to be ready.

How much is the Florida real estate license exam?

$36.75 The licensing fee for a Florida Real Estate Sales Associate is $83.75. The fee to take the exam is $36.75. Other costs associated with getting your license may include fingerprinting fees and Pre-Licensing course tuition, which can vary depending on the course package and school.

How much does a real estate license cost in California?

How Much Does It Cost To Get A California Real Estate License?
Course Tuition$100 - $400+
Background Check$40
Salesperson License Fee$245
Examination Fee$60
Total$445 - $745

FAQ

Where can I take the WA real estate exam?
Where to take real estate exam in Washington? PSI administers the Washington real estate broker licensing exam at 12 PSI Test Centers in Washington. The current listing of PSI Test Centers, including center addresses and driving directions, can be viewed at http://schedule.psiexams.com.
How do I get my real estate license in Spokane WA?
How to apply
  1. Be at least 18 years old.
  2. Have a high school diploma or equivalent.
  3. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices.
  4. Complete your education within 2 years before applying for the broker's exam.
What is the passing score for the Washington State Real Estate exam?
70% You'll have 3.5 hours to complete your exam and answer all the state and national questions. Then, your test will be scored right after you complete it, so you'll leave knowing your results. To pass, you need to score at least 70% on both sections of the test.
How do I schedule the Washington state real estate exam?
You can call 855-746-8168 to schedule your exam by phone.
What are the steps to become a real estate agent in Washington state?
How to apply
  1. Be at least 18 years old.
  2. Have a high school diploma or equivalent.
  3. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices.
  4. Complete your education within 2 years before applying for the broker's exam.
How much does the average realtor make in Washington state?
As of Oct 24, 2023, the average annual pay for a Licensed Real Estate Agent in Washington is $95,308 a year. Just in case you need a simple salary calculator, that works out to be approximately $45.82 an hour. This is the equivalent of $1,832/week or $7,942/month.
How to start a real estate business in Washington state?
Follow the steps below to apply for a real estate firm license.
  1. Get firm name approval.
  2. File with the Secretary of State, if applicable.
  3. File with the Department of Revenue.
  4. Appoint your designated broker.
  5. Gather the required documents.
  6. Submit your application.
  7. Get an assumed name endorsement.
  8. Get a branch office license.

How to get real estate license in seattle

How much do real estate agents make in Washington per sale? In Washington, there is no government mandate that dictates the commission rate for real estate agents. However, it is customary for sellers to pay the 6% real estate agent commission from the final proceeds. Usually, 3% of the commission goes to the listing agent, and 3% goes to the buyer's agent.
How much does it cost to get a real estate license in Washington state? What are the Fixed Costs Associated With Getting Your Washington Real Estate License?
NoDetailsCost
1Online Course at RealEstateU$199
2State Exam Fee$210
3Criminal Record Check Fee$17
4License Application Fee$223
How much does it cost to get a real estate license in Ohio? 1. How much does it cost to get your real estate license in Ohio?
Average Course Tuition$1425 – $1645
Application Fee$81
Background Check/Fingerprinting$67.50
Exam Fee$58
Total$1631.50 – $1851.50
Is the Michigan real estate exam hard? Most people report that the three-hour test is the most difficult part of the real estate licensure process in Michigan. Fortunately, we have some tips to help you out. Pick the right education provider. Your 40 hours of pre-license education should give you all the info you need to ace your exam.
How much does a PA real estate license cost? Sample Pennsylvania Real Estate License Costs
Prelicensing classes (75 hours)$419-$685 (through The CE Shop)
Exam registration$49
Background check$22
License application$97
Total Costs:$636-$902
Sep 26, 2023
How much is the real estate exam in WI? After you've completed your pre-license education, it's now time to take the Wisconsin Real Estate Exam. The fee to take the exam is $65 per attempt. The Wisconsin Real Estate Exam consists of 140 questions. You will have 240 minutes (4 hours) to complete the entire exam.
How much is the Florida realtor exam? $36.75 Tallying up the cost of getting your Florida real estate license
STEPCOST
Apply to take the exam$83.75
Take your Florida real estate license course$135+
Take your exam$36.75
BALLPARK TOTAL$305.50+
  • How much is it to get a real estate license in California?
    • How Much Does It Cost To Get A California Real Estate License?
      Course Tuition$100 - $400+
      Background Check$40
      Salesperson License Fee$245
      Examination Fee$60
      Total$445 - $745
  • How much does it cost to get a real estate license in New York?
    • How Much Does It Cost to Get a Real Estate License in New York? Becoming a real estate professional in New York isn't prohibitively expensive. When all is said and done, an aspiring agent will spend around $500 to $1,000 to get their license, while a broker can expect to pay around $950 to $1,450.
  • How hard is the California real estate exam?
    • The difficulty of the real estate exam varies by state, but the California real estate exam is known to be one of the most difficult. In fact, the pass rate for the California real estate exam in the last two years was under 50%, which means it's incredibly competitive and difficult to pass.
  • How long does it take to get a real estate license in VA?
    • 60-hour Complete the 60-hour Virginia Real Estate License Course. This course must be approved by the Virginia Department of Professional and Official Regulation (DPOR). Step 2: Schedule and pass the VA Real Estate License State Exam.
  • How much does it cost to get your real estate license in the US?
    • The cost of a real estate license in the U.S. ranges from $400-$1000+ depending on your state. There are several costs associated with getting a real estate license. It is a common misunderstanding to assume the only costs are for the certification process, but in reality the process is more layered than that.
  • How much is the Colorado real estate exam?
    • $44.95 Here are the administrative costs of getting a real estate license in Colorado: Broker exam fee: $44.95 for the first attempt (and $42.50 for additional attempts; many applicants need two or three tries to pass this challenging exam) Broker license application fee: $200. Fingerprint and background check fee: Around $50
  • How much does a realtor make in Virginia?
    • Real Estate Agent Salary in Virginia
      Annual SalaryMonthly Pay
      Top Earners$121,665$10,138
      75th Percentile$97,300$8,108
      Average$91,207$7,600
      25th Percentile$63,300$5,275

Leave A Comment

Fields (*) Mark are Required