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I just got my real estate license in Texas. The total cost of education, license, then signing up with broker and joining NAR, will be around $3,000 for the fir
by amerkhalid 7y ago
I just got my real estate license in Texas. The total cost of education, license, then signing up with broker and joining NAR, will be around $3,000 for the first year. Ongoing cost would be around $2,000 yearly.
As an agent you will likely split your commission with your broker, usually 50% for new agent but you can find some that offer take only 30% or even less.
For me, it was a little bit of impulse decision, we are planning to sell our townhome and move to a house in next few years. But also we have been looking into real estate investments.
We need to close one transaction a year to breakeven on cost of real estate license. Probably not worth it but now that I have license and I will helping friends and family and hopefully it will be worth it.
Also like others have said if you are selling your own home, you most likely don't need a license.