• Home |
  • Massachusetts real estate brokers who sponsor prelicense course work

Massachusetts real estate brokers who sponsor prelicense course work

how much do real estate agentsmake

Looking to kickstart your career in real estate in Massachusetts? Discover how to find reputable brokers who sponsor prelicense course work and set yourself up for success.

Are you ready to embark on an exciting journey towards a rewarding career in real estate in Massachusetts? Before you can become a licensed real estate professional, you must complete prelicense course work. While finding the right broker to sponsor your coursework may seem daunting, this article will guide you through the process, ensuring you make an informed decision.

Understanding the Importance of Sponsorship

  1. What is prelicense course work?
  2. Why is sponsorship crucial for aspiring real estate agents?

Finding Massachusetts Real Estate Brokers Who Sponsor Prelicense Course Work

  1. Research, Research, Research

    a. Utilize online directories and resources

    b. Seek recommendations from experienced professionals

  2. Attend Real Estate Networking Events

    a. Connect with brokers face-to-face

    b. Express your interest in sponsorship

  3. Contact Local Real Estate Associations

    a. Inquire about brokers who offer sponsorship

    b. Attend association events and workshops

  4. Engage in Online Forums and

A sponsoring broker is an agent with their employing broker's license. They are responsible for guiding you through your first years as an agent as well as providing other business, marketing, and brand benefits. You need a sponsoring broker in order to activate your license. Still Need to Get Your Real Estate License?

What is a facilitator in real estate in Massachusetts?

Facilitator- also known as a Non-Agent or Transaction Broker/Salesperson. The Facilitator works to complete the transaction. Although bound by license law and MGL Ch. 93A, they do not have a fiduciary relationship with the seller or the buyer. They do not represent either party in the transaction.

How hard is it to pass the real estate exam in Massachusetts?

The passing rate for the Massachusetts Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

Does a real estate agent have to work for a broker in Massachusetts?

You must have been affiliated with an active licensed real estate broker here in Massachusetts. You must log at least three years of experience as a real estate salesperson. You also must have worked at least 25 hours per week during those three years as a licensed real estate salesperson.

Who is the sponsoring broker?

A sponsoring broker is a real estate broker that employs a real estate salesperson. State law requires all real estate salespersons to work under a sponsoring broker. The sponsoring broker will actually hold the license of the real estate salesperson. A real estate salesperson must work under a real estate broker.

How hard is the real estate exam in MA?

The passing rate for the Massachusetts Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

How much is the 40 hour class for your real estate license in Mass?

We Have All 40 Hours of Education You Need To Get Your Massachusetts Sales Real Estate License

Required Courses Courses Only Full Course DetailsIncludes Exam Prep Standard Package Full Package Details
Study Schedule
$285 $196.65 With Promo Code FLEX Add to Cart »$349 $240.81 With Promo Code FLEX Add to Cart »

Frequently Asked Questions

How long do most people study for real estate exam?

You should study for the real estate exam for at least several weeks before your test date. The whole point of taking your pre-licensing courses is to prepare you, first for the exam, and then for your work as an agent, so really, you should be thinking of your courses as exam prep time as well.

How old do you have to be to buy a house in Massachusetts?

While the minimum legal age is 18, other factors often determine whether you're ready. Your finances need to be secure, your income stable and you should be sure you'll be staying in the area where you're buying the home.

What is the legal age in Massachusetts?

You're 18! In Massachusetts you've now reached the age of legal adulthood. With this milestone, you have nearly all the legal rights and responsibilities of an adult.

What do you need to become a real estate agent in MA?

How to Become a Real Estate Agent in Massachusetts
  1. Complete 40 Hours of Required Pre-Licensing Education.
  2. Pass the Course Final Exam.
  3. Gain Approval from the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.
  4. Get a Background Check.
  5. Pass the Massachusetts Real Estate Salesperson Exam.

How hard is MA real estate exam?

The passing rate for the Massachusetts Real Estate Salesperson Exam is 70%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously. If you put the proper effort forth, we know that you can pass on your first attempt!

FAQ

How long does it take to get a real estate license in Massachusetts?

How long does it take to get a real estate agent license in Massachusetts? Future agents who spend about 20 hours per week on coursework can be licensed in as little as 3-4 weeks. You can use the Massachusetts Real Estate Agent License Lookup Tool to verify an agent's license status.

How much does the average realtor make in MA?

$86,206 a year

As of Oct 25, 2023, the average annual pay for a Real Estate Agent in Massachusetts is $86,206 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.45 an hour. This is the equivalent of $1,657/week or $7,183/month.

Where do I take the real estate exam in MA?

Massachusetts Real Estate Test Basics

PSI offers the test most days of the week both online so that you can take the test from home, and at several in person testing centers across the state, including test centers located in Boston, Auburn, Fall River, Lawrence, and West Springfield.

Can I take my real estate exam online in Massachusetts?
Testing can now be done in one of the 5 testing centers across the state or online. To take the test online there are a number of requirements (that are still evolving) such as the need to have a working camera and microphone. You also need to be in a room that does not allow for any distractions.

Massachusetts real estate brokers who sponsor prelicense course work

How long do you have to take real estate exam after course in Massachusetts?

Within two years

The Massachusetts real estate license exam MUST be taken within two years of completing the pre-licensure class otherwise you will have to complete the course again. You must score at least 70% to pass and you will find out immediately after completing the exam (at the testing center) whether you passed or failed.

How much is the MA real estate exam?

$60

When you graduate from an accredited real estate school, you must apply to take the state exam. A real estate exam application fee is the cost to schedule your exam. In the state of California, this cost is $60. This fee will vary from state-to-state.

Can you take the real estate course online in Massachusetts?

Under the Massachusetts Real Estate Board's online course regulations, up to 19 hours of your 40 hours course requirement can be taken any time as pre-recorded videos and other materials, and the remaining 21 hours of class time must be taken as live webinars or other online real-time interaction sessions.

How long is real estate school in Massachusetts?

40 hour

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.

  • How many hours is it to become a real estate agent in Massachusetts?
    • To become licensed as a salesperson you must complete forty (40) hours of education at any one of the Board approved real estate schools (the education is in various subject matter areas). For a list of schools, see the list of Authorized Real Estate Schools in Massachusetts on this site.

  • How much is real estate school in MA?
    • We Have All 40 Hours of Education You Need To Get Your Massachusetts Sales Real Estate License

      Required Courses Courses Only Full Course DetailsIncludes Exam Prep Standard Package Full Package Details
      Study Schedule
      $285 $196.65 With Promo Code FLEX Add to Cart »$349 $240.81 With Promo Code FLEX Add to Cart »
  • How much does it cost to take the real estate exam in MA?
    • $54

      The test itself costs $54, and there is a $31 application fee when you apply to take the test. Retaking the realty test is a bit less expensive (it only costs the $54 exam fee), but if you study for the test you won't have to worry about any retakes! Your real estate license: around $150.

  • How much do realtors make in Massachusetts?
    • $71,700 is the 25th percentile. Salaries below this are outliers. $110,300 is the 75th percentile.

Leave A Comment

Fields (*) Mark are Required