5 Steps Toward Getting Your Massachusetts Salesperson License
- Complete 40 hours of approved Massachusetts Pre-Licensing education.
- Pass the course final exam.
- Gain approval from the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.
- Pass the Massachusetts Real Estate Salesperson Examination.
- 1 How long is real estate school in Massachusetts?
- 2 How much does a new real estate agent make in Massachusetts?
- 3 Do real estate agents make good money in Massachusetts?
- 4 How difficult is the Massachusetts real estate exam?
- 5 Is real estate test hard?
- 6 How much do top 10% Realtors make?
- 7 How many hours do real estate agents work?
- 8 What are top paying jobs?
- 9 How to Become a Real Estate Agent in Massachusetts
- 9.1 The 6 steps to become a real estate agent in Massachusetts
- 9.2 Wait a minute, salesperson license? Broker license? What?
- 9.3 What are the basic requirements to get a MA real estate license?
- 9.4 What are the steps to get my Massachusetts Real Estate License?
- 9.5 What do I do after I get my MA real estate license?
- 9.6 What else do I need?
- 9.7 Total Cost to Become a Real Estate Agent
- 9.8 Wait, but how do I become a real estate broker?
- 9.9 And we’re done!
- 10 How to Become a Real Estate Agent in Massachusetts: A Step-by-Step Guide
- 11 How to Get a Real Estate License in Massachusetts
- 12 How Much Does It Cost to Become a Massachusetts Real Estate Agent?
- 13 How to Get Massachusetts Real Estate License in 4 Easy Steps
- 14 How to Get a Real Estate License in Massachusetts: FAQs
- 14.1 Is the Massachusetts real estate exam hard?
- 14.2 How long does it take to become a real estate agent in Massachusetts?
- 14.3 How much money do real estate agents make in Massachusetts?
- 14.4 How much does it cost to become a realtor in Massachusetts?
- 14.5 Can I get my Massachusetts real estate license online?
- 14.6 What if I have a real estate license from another state?
- 15 More Career Resources From The Close
- 16 MA Real Estate License Classes – Start your new career!
- 17 What are the steps to getting a Massachusetts Real Estate Broker or Salesperson license?
- 18 There are two parts to our accredited 40 hour course that can be completed in any order.
- 19 Register For Upcoming Classes:
- 20 SalespersonBroker Pre License Courses
- 21 Why you should choose New England Real Estate Academy for your Real Estate License Training
- 22 Course Requirements:
- 23 The State Exam:
- 24 How To Become A Real Estate Agent In Massachusetts
- 25 What Are Massachusetts’s Real Estate Pre-Licensing Education Requirements?
- 26 Who is Eligible to Become a Real Estate Agent in Massachusetts?
- 27 What Else Do I Need to Do to Earn My Massachusetts Real Estate License?
- 28 What is the Massachusetts Real Estate Licensing Exam Like?
- 29 How Often Does a Massachusetts Real Estate License Have to Be Renewed?
- 30 What Are Massachusetts’s Continuing Education Requirements for Real Estate?
- 31 What Kind of Jobs Can I Get with a Massachusetts Real Estate License?
- 32 How To Get a Massachusetts Real Estate License
- 33 Online Real Estate License Exam Prep Courses
- 34 Continuing Education Requirement
- 35 Getting Started
- 36 About Keep Me Certified
- 37 Massachusetts State Requirements: Salesperson
- 37.1 How long does it take to get a Massachusetts real estate license?
- 37.2 What kind of information will I learn to help me get a real estate license in Massachusetts?
- 37.3 How do I take the Massachusetts Salesperson licensing examination?
- 37.4 How do I submit my Massachusetts Salesperson application?
- 37.5 Does Massachusetts offer reciprocity?
- 37.6 Regulatory Notes:
How long is real estate school in Massachusetts?
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 much does a new real estate agent make in Massachusetts?
While ZipRecruiter is seeing salaries as high as $165,147 and as low as $21,730, the majority of First Year Real Estate Agent salaries currently range between $57,040 (25th percentile) to $112,995 (75th percentile) with top earners (90th percentile) making $140,700 annually in Massachusetts.
Do real estate agents make good money in Massachusetts?
For example, Massachusetts, with it’s expensive housing market and high real agent commissions, has a much higher average income for real estate agents: the average Massachusetts real estate sales agent makes $84,180 per year according to Forbes, and the average Boston real estate broker makes $103,720 per year,
How difficult is the Massachusetts real estate exam?
Briefly, the MA real estate license test is 120 questions, and you need to score at least a 70% to pass the test. Get your real estate license. Seriously, that’s it.
Is real estate test hard?
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.
How much do top 10% Realtors make?
In 2020, the median pay for real estate agents in the U.S. was roughly $49,000. The lowest 10% of earners made less than $25,000, while the highest 10% of earners made more than $112,000.
How many hours do real estate agents work?
Daily and Weekly Routines Nearly half (49 percent) work 40 hours or more. What’s more, over half (53 percent) say they work the same hours or longer today than they did their first year.
What are top paying jobs?
Here is a look at the top 100 highest-paying jobs:
- Cardiologist. National average salary: $351,827 per year.
- Anesthesiologist. National average salary: $326,296 per year.
- Orthodontist. National average salary: $264,850 per year.
- Psychiatrist. National average salary: $224,577 per year.
How to Become a Real Estate Agent in Massachusetts
Are you interested in learning more about how to obtain your Massachusetts real estate license? Are you interested in pursuing a real estate profession, but are unsure of the prerequisites for obtaining a Massachusetts real estate license? No longer are you perplexed! It will be discussed in this post how to become a real estate agent in the state of Massachusetts. You’re not interested in all of the specifics, are you? Here’s a basic rundown of what happened:
The 6 steps to become a real estate agent in Massachusetts
- You must be at least 18 years old and have a valid social security number to participate. Take the 40-hour Massachusetts real estate course, which can be completed online or on-site
- Use your course completion certificate to submit an application to take the real estate licensing exam. Completing either the online or in-person 120-question Massachusetts real estate licensing exam is required. To obtain your real estate license, you must pay $150 to the state. That’s it, you’ve earned your real estate license in the state of Massachusetts. Join a real estate brokerage and make some money selling real estate
In most cases, this entire procedure takes between one and six months, depending on whether you are taking lessons full-time or part-time and how much time you devote to preparing for the licensure exam. These steps will walk you through the process of obtaining a Massachusetts real estate salesperson’s license (more on what this means in a second). In addition, you must have at least three years of work experience as a licensed Massachusetts salesperson and be bonded for a total of $5,000 in order to get a real estate broker’s license in Massachusetts.
Wait a minute, salesperson license? Broker license? What?
We understand that you’re curious about what we mean when we mention salespersons and brokers. The state of Massachusetts recognizes two different types of real estate licenses: salesperson licenses and broker licenses. Every new real estate agent begins their career as a salesman, with the option to advance to the position of broker if they so want. Alternatively, you may say “no.” It is completely voluntary, and not everyone chooses to participate. If you’re interested in learning more about the distinctions between brokers and salespersons, you can read this page, which goes into further detail regarding the two separate licenses.
What are the basic requirements to get a MA real estate license?
That’s a great question! Let’s have a look at the prerequisites for obtaining a real estate license in the Commonwealth. There are just two fundamental criteria for a Massachusetts real estate agent:
- You must be over the age of eighteen. In Massachusetts, you must be at least 18 years old in order to obtain a real estate license
- However, you may be older. Be in possession of a social security number. Candidates for a Massachusetts real estate license are required to have a social security number (though they are not required to be a resident of Massachusetts or even the United States)
- They must also have a valid driver’s license.
What are the steps to get my Massachusetts Real Estate License?
Now that we’ve covered the fundamentals, let’s dive into the meat of the matter: how to obtain a Massachusetts real estate license. We touched on them briefly above, but here are the three steps you must do to obtain a Massachusetts real estate license:
- Participate in the 40-hour pre-licensing course offered by a Massachusetts real estate school (that would be us!). Before appearing for the real estate licensing test in Massachusetts, all real estate license candidates are required to undergo real estate classes in the state of Massachusetts, according to state regulations. When you complete your course, you will receive a certificate confirming that you completed the real estate course at an accredited real estate school and allowing you to sit for the licensing exam. The course must be 40 hours in length and can be completed either online or on-site at the school. What is the procedure for the real estate class? What kind of schedule do you have? The answer is that it varies from school to school. The online lessons for becoming a realtor at Freedom Trail Realty School are offered both on demand and as live webinars that are held during the day, at night, and on weekends. We also offer a variety of certification programs. The real estate license programs you enroll in will teach you all you need to know about passing the test and becoming a licensed real estate agent in the state of California. The entire process takes place online, and you have plenty of time to complete your course and master the content at your own speed. Another option is to attend sessions in person, which are typically held at night or on weekends, or to enroll in multi-day intense crash courses. The first portion of the 40-hour real estate course is devoted to teaching you everything you need to know in order to pass the real estate exam and begin a career as a real estate agent after passing the test. After each lecture, you’ll take short diagnostic quizzes to check your understanding and progress as you learn (don’t worry, you won’t be singled out or embarrassed if you don’t understand a concept because you’ll answer them privately, so you won’t feel singled out or embarrassed for not understanding a concept). Online lessons are augmented with exercises, occasional guest lecturers, and quiz games to help students break up the monotony of the lectures. There is plenty of time built into the 40-hour course for questions and answers, and student engagement and involvement are strongly encouraged! After you have completed the course material on how to become a real estate agent, your final few hours of class will be devoted to test preparation and practical knowledge so that you can identify and address any problem areas before you complete the course and begin your new career as a real estate agent. Moreover, should you have any questions after class, please do not hesitate to ask them: we host regular online office hours if you want additional assistance, we provide private online tuition, and we have support personnel accessible online to answer fast queries through chat. And one more thing: do not make the mistake of believing that simply attending the class will result in you receiving a real estate license. You will definitely need to devote some time to studying the content taught in the course if you want to ensure that you pass the real estate licensing exam. Reviewing the arithmetic taught in the course, in particular, is extremely crucial for the majority of students, which is why we provide a class module devoted just to math review and preparation. The math itself is quite elementary (there are only around 10 math questions on the whole exam! ), but it frequently needs test-takers to re-learn ideas that they haven’t thought about since seventh or eighth grade in order to pass the exam. For all of our students, we have a customized study regimen that we recommend they follow, and most respectable institutions will have something similar to ensure that you are prepared for test day. We also provide hundreds of practice test questions to assist you in preparing for the test and ensuring that you are fully prepared on the actual test day. Our online pre-license class is offered on a rotating basis and you can read more about it and sign up for it here. Pass the Massachusetts Real Estate Exam with flying colors. That’s enough about the classes for now! Your eligibility to register for and take the Massachusetts real estate licensing exam will become available once you have completed your Real Estate License training course requirements. The real estate test is the most crucial stage in the process of becoming a real estate agent in Massachusetts, since you must pass the licensing exam in order to be licensed as an agent. The Massachusetts real estate test consists of 120 questions, which are divided into two sections: the National part (which has 80 questions) and the Massachusetts real estate law component (which contains 20 questions) (40 questions). The minimum passing score on *each* section is a 70 percent on each one. If you fail a portion of the exam, you will only have to repeat that piece, not the entire exam. With two years after completing your 40-hour course to take and pass the real estate exam, you’ll have plenty of time to study and prepare for the test. The real estate test is conducted by PSI Examinations, which is in charge of overseeing all licensure exams in the Commonwealth of Massachusetts. After you complete the course, you will submit an application with them in order to sit for the real estate exam. A background check will be performed, and if you have finished the whole 40-hour course, you will be able to sign up for a test date, which may be done either online or at one of their testing sites. A date for your examination is usually available within several days of your application being approved. In addition, PSI offers remote online testing as well as in-person testing at test centers in Boston, Lawrence, Auburn, Fall River, and West Springfield. The exam is available on most weekdays and weekends. Interested in learning more about how test day works? What you may anticipate is as follows: You have the option of taking the exam online from the comfort of your own home or in person at a testing location. If you want to take the exam in person, you will need to arrive at the testing site and check in at the reception desk. They’ll take your picture (this will be printed on your driver’s license, so make a good impression! ), bring you into the testing room, and seat you at a computer to take your examination. The real estate test is entirely multiple choice, and you will have the opportunity to check your answers before completing it. Take bathroom breaks during the test if necessary, but bear in mind that you have four hours to complete the test and that any pauses you take will count against your time limit, so don’t take too many breaks. But don’t be too concerned: the test will most likely not take the entire four hours to finish as scheduled! You will be provided with scratch paper and a calculator for the math questions (remember, there are only approximately 10 of them on the 120-question test) as well, of course. You won’t have to worry about remembering long division or attempting to solve arithmetic in your mind. The exam will be completed and submitted on the test program, after which you will be directed back to the front desk. The employees at the exam facility will inform you if you passed or failed the exam. No waiting for results or for your license: if you pass the exam in person, you will receive your license immediately and will officially be a realtor! But what happens if you take the license examination online? If you choose to take the test online, you will be able to complete it from the comfort of your own home with the assistance of a live online proctor. In order for the proctor to monitor you during the test and ensure that you aren’t cheating, you will need a webcam and a microphone. Before the test, you will need to show the proctor your room so that they can be sure you are not cheating in any way, and you will need to show the online proctor your ID so that they can verify your identification. Once you begin the online license test, you will not be able to take any breaks or consume any food or beverages because the proctor must be able to monitor you at all times while you are taking the test. As a result, unlike the in-person exam, if you take the test online at home, you will be required to complete the entire test in one sitting. Upon successful completion of the test, you will be required to visit a testing center to have your license photographed and to pick up your new license. It’s simple: just pay the licensing fee. If you pass the test you’ll get your real estate license on the spot if you took the exam in person. Alternatively, if you took the test online, you will visit a test center to have a license photo taken and pick up your license. Congratulations! All that’s left to do is pay the MA real estate salesperson license fee. What is the cost of obtaining a real estate broker’s license? The fee for a new license is between $103-$150 depending on how long your first license lasts (it will depend on when your birthday is in relation to your test date) (it will depend on when your birthday is in relation to your test date). Sogetting your real estate license costs $150at most in licensing fees. You’ll pay your fee to the state when you pass the test, so be sure to come prepared to pay on the day of the test with either a check or a credit or debit card (they don’t accept cash). Once you pay, you’ll leave the test center with your new real estate license. Congratulations on getting your MA real estate license
What do I do after I get my MA real estate license?
That’s a great question! Immediately following your passing the exam, you’ll most likely want to work for a real estate firm, and you may be thinking how tough it will be to obtain work in this field. We have good news for you: finding employment as a real estate agent is rather simple, and our online course includes broker recruitment and real estate job listings to make it much simpler to find work once you have obtained your license. To begin earning money as soon as possible, make sure that the agency you choose to work for provides comprehensive sales training.
(Are you curious about how much real estate brokers often earn?
You may conveniently finish your continuing education need from anywhere in the world as long as you have an internet connection. You may find our online continuing education programs here when the time comes to finish your continuing education.
What else do I need?
The processes outlined above are all that are necessary to earn a real estate license in Massachusetts, but there are a few other items you’ll need in order to be a successful real estate agent in the state:
- MLS Access- You’ll need to have access to the Multiple Service Listing (MLS) in order to be able to see all of the properties available for rent or sale throughout the state. It costs between $20 and $40 a month to get access to the Multiple Listing Service, and it is something that every real estate agent should have. Purchasing E O (Errors and Omissions) insurance is generally a good idea at this point. E O insurance can assist you in protecting yourself against lawsuits resulting from any mistakes you may make (after all, you are only human! ). According to the insurance you pick, the cost of this coverage might range from around $30 per month to more than $100 per month, but it is well worth it. Membership in the National Association of REALTORS- You might wish to consider joining your local chapter of the National Association of REALTORS (always written in all caps when discussing the association). Although becoming a realtor is completely voluntary, several agencies may encourage its agents to do so. If you’re required (or wish to be required) to join your local chapter of the REALTORS®, you can expect to pay around $500 in annual REALTOR membership dues. As an agent, if you join the organization in the middle of the year, your dues will be pro-rated, and you may not be required to pay the entire amount during your first year. Benefits associated with being a REALTOR(r) include savings on services you may need as an agent, discounts on MLS access, and free or discounted admission to industry events and education
- Nevertheless, there are certain costs associated with becoming a REALTOR(r).
Total Cost to Become a Real Estate Agent
Let’s have a look at the total cost of obtaining a real estate license in the state of Massachusetts. If we total up all of the expenses you’re likely to incur in your first month as a new agent, we get the following picture:
- A license fee of at least $150 is required, as are real estate classes that range from $229 to $499, test application and registration fees of $31 and $54, respectively, as well as MLS access and E O insurance costs of $20 to $40 per month and $30 per month, respectively. The total cost of becoming a real estate agent is between $ 450 and $ 750.
When you consider that most professional licenses cost several thousand dollars to get (let alone something as expensive as a medical or legal license, which costs hundreds of thousands of dollars and requires years of study! ), this isn’t so awful at all.
Wait, but how do I become a real estate broker?
That’s a great question! It is not the same as obtaining a real estate broker license, and there are a few more procedures to do in order to obtain a broker license in the first place. (Are you wondering what the distinction is between a salesperson and a broker? Essentially, it is as follows: real estate salespeople are required to work for a broker, whereas real estate brokers are permitted to work independently. First and foremost, you must earn your real estate salesperson license, which is a pre-requisite for obtaining a real estate broker’s license in the state of California.
So you won’t be able to start a real estate brokerage firm right immediately, but there is a silver lining: your job as a real estate salesperson will be quite independent, and many brokerages will allow you to manage your real estate business anyway you see fit on your own time.
And we’re done!
That was a lot of information to take in! If you follow the procedures outlined above, you’ll have your Massachusetts real estate salesperson license in no time! If you have any questions regarding obtaining a real estate license, maybe this article has answered them. If you have any questions, please don’t hesitate to contact us, and we’ll see you in class!
How to Become a Real Estate Agent in Massachusetts: A Step-by-Step Guide
To assist you in navigating the process of becoming a real estate agent, we’ve put up a step-by-step guide:
- Check to see if you qualify. As long as you can affirmatively answer all of the questions below, you are qualified to begin the process of becoming a licensed real estate agent in the state of Massachusetts.
- Are you at least 18 years old
- Do you have a valid Social Security Number
- And do you have a valid email address? Exist three persons who can attest for your character who are not related to you
- Take a 40-hour pre-licensing salesperson course at one of the state-approved real estate colleges located throughout the state of California. Here is the link to the Massachusetts Department of Professional Licensure website, where you can find a list of authorized schools. Complete the pre-licensing course and pass the real estate license examination within two years after finishing it. Make an appointment to take your exam on the Pearson VUE website
- You’re all set! Find a brokerage to work with so that you may begin putting your skills to use.
See the Massachusetts Real Estate Candidate Handbook and another guide to becoming an agent for more information on the licensing process, continuing education requirements, and the processes to becoming a broker in the state of Massachusetts. Continue to visit MassRealty to learn more about the many facets of the real estate industry and to stay up to speed on the Massachusetts real estate market.
How to Get a Real Estate License in Massachusetts
Before you may sit for the state’s real estate test, you must complete 40 hours of prelicensing seminars that have been recognized by the Massachusetts Real Estate Commission. For anyone considering a career shift and seeking information on how to become a real estate agent in Massachusetts, we’ll walk you through the relatively simple four-step procedure described below. So let’s get started with the tasks you’ll need to complete in order to obtain your Massachusetts real estate license.
Along with that, we’ll go through the prices involved and address some commonly asked issues. With little effort, you might be selling properties from Boston to Bridgewater, and from Brookline to Braintree, in no time at all.
How Much Does It Cost to Become a Massachusetts Real Estate Agent?
The cost of obtaining a Massachusetts real estate license is around $600. Some of the costs associated with obtaining a Massachusetts real estate license, such as test fees and application fees, are fixed in nature. It is possible that certain prices will fluctuate, such as the seminars and exam preparation materials you will need to satisfy the state’s requirements and pass the Massachusetts real estate exam.
Massachusetts Real Estate License Costs
|Prelicensing Classes (40 Hours)||$249 (throughThe CE Shop)|
|Exam Prep Materials||$129 (throughMbition)|
|Massachusetts Real Estate License Exam Fee||$54|
|Massachusetts Real Estate License Exam Application Fee||$31|
|Massachusetts Real Estate License Fee||$103 – $150 (depending on your birthdate)|
|Total Cost||$546 – $593|
(As of October 2021, the costs of a Massachusetts real estate license are as follows: The CE Shop is offering a 30 percent discount to readers of The Closing. Save 30 percent off your prelicensing course when you use the discount code Theclose30 at checkout. To get started, simply click here.
How to Get Massachusetts Real Estate License in 4 Easy Steps
A college degree is not required to work as a real estate agent in Massachusetts, but you must finish a state-specific licensing process in order to practice the profession. If you want to be considered, you must be at least 18 years old, have a valid Social Security number or a tax ID number, and have three persons who are not related to you who can attest for your reputation.
1. Complete Your Massachusetts Prelicensing Real Estate Classes
Cost:$229-$350 The time commitment is one month. 5 Best Online Massachusetts Real Estate Schools is a useful resource to have. Make certain that the Massachusetts real estate school you choose for your prelicensing classes has been approved by the state before enrolling. It is mandatory for all of the schools on this list to cover the same subject. A buyer’s guide to the 5 Best Online Massachusetts Real Estate Schools has been created to assist you in narrowing down your search results. The following are some of the subjects you’ll be covering:
- Property rights
- Title transfers
- Fundamental contract law
- Agency connections
- Brokerage operations and obligations
- And other topics. Property disclosures
- Financing for real estate
- And other related topics Estimation of the value of real estate Laws governing real estate in the United States Real estate regulations in Massachusetts
- Real-estate mathematics
During this course, you will study about the financial and legal elements of purchasing and selling a house in Massachusetts. When it comes to choosing a Massachusetts real estate school, there are three fundamental instructional modalities to consider: in-person classes, livestream classes, and online programs that you may do at your own leisure. Here are the advantages and disadvantages of each variety.
|Types of Instruction||Pros||Cons|
- Setting in a traditional classroom
- Get to know your fellow students. Access to the teacher is simple
- Commuting and traffic congestion make on-campus programs more costly than online classes. Finding class times that are convenient for you
- There is no need to commute. If you live far away from traditional schools, this is an excellent option. You may interact with professors in real time by asking them questions.
- Finding lessons that are convenient for your schedule
- There is little interaction with other students. Technology does not always perform as expected
- For example,
- Work at your own speed from any location with internet access
- Attend lessons when it is most convenient for you. Option with the lowest price
- Instructors may only be reached via email or phone
- No other means of communication is available. There is little interaction with real estate professionals. Technology does not always perform as expected
- For example,
A word of caution: In our guide to the finest real estate schools in Massachusetts, we named The CE Shop as our top pick for the all-in-one prelicensing school. Our reviewer stated that the CE Shop’s courses are well-designed and that they provide a one-stop shop for all of your prelicensing requirements, as well as the continuing education you’ll need to pursue in the early stages of your real estate profession in Massachusetts. The CE Shop is offering a 30 percent discount to subscribers of The Close magazine.
To get started, simply click here.
2. Apply for the Massachusetts Salesperson ExaminationLicense
Cost:$85 1-2 hours of your time is required. How to Obtain a Real Estate License in 5 Simple Steps is a useful resource.
The next step in becoming a licensed real estate agent in Massachusetts is to submit an application for examination after you have completed your coursework in the state. If you have not completed the following steps, you will not be permitted to sit for the exam:
- Provide confirmation that you are at least 18 years old
- And a form from your real estate school demonstrating that you completed the 40 hours of prelicensing courses within the previous two years
- Submit three character testimonials from persons who are not related to you
- Complete and submit all Massachusetts state tax returns, as well as pay all state taxes
- You must provide your Social Security number or tax identification number. Pay a $31 application fee as well as a $54 exam cost to participate in the program.
Once you have been allowed to sit for the Massachusetts real estate licensing exam, you may arrange your exam by visiting the testing company’s website. The following Massachusetts testing facilities are available: You’ll need to prepare for the Massachusetts real estate salesperson test, which will take place in May. We strongly advise you to acquire exam preparation products fromMbition. Their top-tier package makes use of adaptive learning technologies to develop a study schedule that is tailored to each individual.
3. Pass the Massachusetts Real Estate Salesperson Exam
PSI Licensing Cost of $12 + Prorated licensing fee between $103 and $150 (total of $123) Time commitment required: 4 hours (show up 30 minutes before the scheduled exam) A useful resource is: Tips for Passing the Real Estate Practice Exam, as well as a Free Mini-Test At one of the PSI testing sites, you’ll utilize a computer to complete the Massachusetts salesperson examination. As soon as you have completed the exam, you will be told whether or not you passed. If you do not pass both portions of the Massachusetts real estate licensing test, you will be given a diagnostic report that will outline your strengths and areas for improvement.
It is permissible for you to repeat the exam as many times as necessary within two years of the date on which you finished your prelicensing studies.
Because of this, Massachusetts is a unique state in that you can acquire your license immediately after passing the exam.
4. Join a Massachusetts Real Estate Brokerage
There is no charge. Expect a time commitment of 2-4 weeks. What is the best real estate company to work for in 2021, according to this helpful resource? Real estate agents in Massachusetts are required to work under the supervision of a broker, according to state law. A broker is someone who has worked in the real estate industry for some time, has completed further training, and has passed the broker test. Finding the appropriate real estate brokerage may be difficult, which is why we recommend visiting with a number of brokerages before deciding where you want to put your time and effort.
Make sure to readThe Best Real Estate Firm to Work for in 2021for the inside scoop on how to select the company that’s ideal for you and to learn more about the industry.
Examples include some brokerages offering a 50/50 split, while others may give a larger proportion but charge you a monthly desk fee in addition to the higher amount.
Each brokerage firm will also explain yourcap, which is the maximum amount of fees that the brokerage firm will collect from your earnings in a given year. You are entitled to keep any commissions that you earn over and above the limit.
How to Get a Real Estate License in Massachusetts: FAQs
As we all know, you’re ecstatic and eager to assist folks in finding their ideal houses. Here are a couple of more things to think about before you get started.
Is the Massachusetts real estate exam hard?
To be eligible for a Massachusetts real estate license, you must get a score of at least 70% on both the general and state-specific examinations. Although the state licensing board does not release official pass statistics, students who utilize The CE Shop to complete their 40 hours of prelicensing education have a 91 percent success rate on the Massachusetts real estate examination. At checkout, enter the offer code Theclose30 to receive a 30 percent discount.
How long does it take to become a real estate agent in Massachusetts?
In Massachusetts, it takes around two or three months to become a licensed real estate agent. You may be able to complete the 40 hours of mandatory coursework in a single week if you work hard. The remainder of one’s time will be spent researching, putting out applications, and locating a broker with whom to collaborate on projects.
How much money do real estate agents make in Massachusetts?
The average annual compensation for real estate brokers in Massachusetts is $84,681, according to the websiteIndeed. Of course, this remuneration is totally dependent on the commissions received from assisting customers in the purchase or sale of real estate. It may take some time for your real estate firm to get off the ground, but perhaps word will get out about how well you treat your clients and how much you value their business. Until then, you may want to consider continuing your day work so that you may generate an income throughout the months while you’re putting the house together.
How much does it cost to become a realtor in Massachusetts?
The cost of obtaining a Massachusetts real estate license is around $600. Some of the costs associated with obtaining a Massachusetts real estate license are the same for everyone, such as test fees and application fees, while others vary. However, some of the fees, such as the classes and test preparation materials, are subject to change.
Can I get my Massachusetts real estate license online?
There are several online prelicensing courses that you may take to prepare for the state’s real estate licensing exam, but you’ll need to visit a testing facility in person to take the state’s licensing exam. You can finish the 40 hours of prelicensing lessons that are necessary in one week if you work hard enough. Readers of The Close may take advantage of a discount from The CE Shop on their online interactive course. You may save 30 percent off your prelicensing education package by just entering the discount code Theclose30 at checkout.
What if I have a real estate license from another state?
If you already hold a real estate license from another state, you may be eligible to practice in Massachusetts without having to go through the entire licensing process again in that state. Each state has its own set of rules, however the following are the ones that have “full reciprocity” with Massachusetts:
- Colorado, Connecticut, Georgia, Iowa, Mississippi, Nebraska, New Mexico, Pennsylvania, Rhode Island, Tennessee, and West Virginia are among the states represented.
However, even if you are not a resident of one of those states, you may still be eligible for reciprocity in your license.
On the Massachusetts Real Estate Board’s website, you can find out more about license reciprocity. On the other side, if you already have a Massachusetts real estate license, you may operate as an agent in one of the following states without having to go through the complete licensing process:
- Alabama, Alaska, Colorado, Connecticut, Delaware, Georgia, Iowa, Kansas, Kentucky, Maine, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, New York, Pennsylvania, Rhode Island, Virginia, Washington, and West Virginia are among the states represented.
More Career Resources From The Close
Having studied about how to become a real estate agent in Massachusetts, you’re sure to have a number of further inquiries. You’re in luck since The Close contains a wealth of materials for both novice and experienced real estate professionals. Subscribe to our newsletter to receive practical advice from industry experts, given directly to your inbox on a regular basis. You may also become a member of our Facebook Mastermind Group to receive ideas and guidance from other real estate professionals.
MA Real Estate License Classes – Start your new career!
Have you considered a career in the intriguing industry of real estate? If so, you are not alone. As a real estate education provider, we have been in operation since 2010, and we were one of the first schools to be accredited to provide online training in 2016. All of our seminars are designed to prepare you to sit for the Massachusetts Real Estate Examination. There is no requirement for previous real estate expertise.
What are the steps to getting a Massachusetts Real Estate Broker or Salesperson license?
In order to be licensed as a real estate broker or salesperson in Massachusetts, you must first complete a 40-hour course at a recognized college or university. Once you have completed the course, you will be issued a certificate that will allow you to apply to take the state licensure test for which you are eligible. Was it ever brought to your attention that Massachusetts has reciprocal licensure agreements with Rhode Island and Connecticut? If you pass the Massachusetts Real Estate test, you may apply to any state and avoid taking their respective examinations!
There are two parts to our accredited 40 hour course that can be completed in any order.
Part A: Independent Research Once you have registered, you will receive immediate access to 20 hours of self-directed videos as well as over 1,000 exam pre quiz questions that you can do at your convenience from any location with an internet connection. You have 180 days to accomplish the 20 hours you have set aside. Then you’ll get another 180 days to examine the videos and questions while you’re preparing for the test. You get unrestricted access to the videos, which means you may view them as many times as you like during the time range you specify.
You will get immediate access to all of the self-directed videos and quizzes after completing the registration process.
Part B: Instruction by a Professional (Choose from live online classes OR classroom sessions) Choosing Option 1: Attending an online live instructor-led webinar: You’ll log onto your computer or device at predetermined times and dates, and you’ll be linked with a live teacher who is a state-certified educator who will provide the class presentation in real time.
- Pre-License Salespersons workshops are held on Mondays and Thursdays, with the days and timings changing on a monthly basis.
- to 1 p.m.
- to 10 pm are the only times available.
- Broker Pre-License Courses are offered on Wednesdays from 9 a.m.
- During the time allotted for your course, you must finish each of the five topics in its entirety (4 hours each topic).
- (Currently on hold due to Covid-19.) Live classroom sessions will be held on two consecutive Saturdays from 9 a.m.
- These dynamic interactive seminars are conducted by industry specialists who are qualified and have years of experience.
- There is a restriction to the number of people who can attend the classroom sessions.
Early enrollment is highly recommended. The certificate will be awarded after both sections of the training are completed (20 hours of live courses and 20 hours of self-directed work), and you will be eligible to apply for the state test after completing both parts of the program.
Register For Upcoming Classes:
MONDAY MORNING SERIES – ONLINE – January The SATURDAY SERIES for January is available online. EVENING SESSION FOR FEBRUARY – ONLINE
Broker Courses: $499
Prerequisite: Three years of continuous experience as a Massachusetts-licensed real estate salesperson. Sign up now and finish half of the course before your first live session in January, saving money and time! Get your broker’s license before the end of the year! January Broker Course — View the Class Schedule on the Internet Because we believe that YOUR success is also our success,
SalespersonBroker Pre License Courses
To obtain your Massachusetts real estate salesperson and broker license, follow these steps:
- Completing 40 hours of authorized coursework is required. Verify three years of full-time sales experience in Massachusetts (only for brokers)
- Get a $5,000 bond (only for brokers)
- Take the state examinations. After passing the exam, you are granted immediate licensure.
Tuition for the Salesperson Course: $350 Broker Training Course Fee: $499 View the Class Schedule
Why you should choose New England Real Estate Academy for your Real Estate License Training
- Our lecturers are real estate professionals with extensive expertise and certification in adult education. We have more than 30 years of expertise in the training of real estate agents. Schedules that are flexible, including both online and classroom choices
- Classes that are high-energy and filled with compelling information that is based on real-world experiences
- Online study club that meets once a month
- There are more than 1,000 practice test questions. Support is offered by phone and email
- A variety of job placement options are offered
- A high pass rate is achieved.
We’re so confident in your ability to pass the test that we’re willing to provide the following guarantee: It is our hope that you will pass the test on your first attempt; but, if for any reason you do not, you may repeat your class series for free. * From the time you complete your introductory course until the time you pass both portions of the test, you have up to two years to do so.
To be eligible for a salesperson license, an applicant must be at least eighteen years old and have completed a state-approved training course. The state test must be taken prior to completing 40 hours of authorized pre-license classroom training, which became mandatory on June 1, 2011. It is not necessary to have prior real estate expertise in order to participate in the course. The information is intended to aid you in comprehending each subject so that you may pass the licensing exam with flying colors; nevertheless, just like with any other exam, you will need to put in some additional effort on your own time to prepare for the license exam.
You may either save the license for future usage or utilize it to get a job as an agent.
The State Exam:
We will supply you with theCandidate Information Bulletin when a student successfully completes the pre licensing course. This document contains the education certificate that is required to apply for the exam. After the application has been completed, the student must submit it to PSI in order to be considered. Once the application has been approved, PSI will contact the student to establish a test date. Student choose when and where to sit for the state examination. The testing locations are located in Auburn, Charlestown, Fall River, Lawrence, and Springfield, among other cities in Massachusetts.
- You’ll need a computer with a fast internet connection as well as a camera for this project.
- It is necessary to schedule exams when a student has completed the course requirements.
- The state test is divided into two pieces, each of which has multiple choice questions: the general section and the Massachusetts Law component.
- The cost of the test is $85.00.
- It is important to note that PSI Services, LLC is the vendor for the Massachusetts Real Estate Examination.
Please see ” PSI Frequently Asked Questions” for more information on the firm and their methods. Do you require further information? Call us at 508-952-1010 or go to the Pre-license page. Frequently Asked Questions are included below.
How To Become A Real Estate Agent In Massachusetts
Holding a Massachusetts real estate license is contingent on completing a professional education program. Prior to applying, you must complete particular curriculum that will teach you the fundamentals and prepare you for the state licensure exam. In addition, ongoing education is required prior to each license renewal. In the current state of affairs, we are unable to provide real estate courses in Massachusetts. A list of authorized training providers may be found on the DLP’s website, which is maintained by the Massachusetts Division of Professional Licensure (DLP).
You can find out more about what it takes to obtain a real estate license in Massachusetts by reading on.
What Are Massachusetts’s Real Estate Pre-Licensing Education Requirements?
The Massachusetts Department of Real Estate needs 40 hours of pre-licensing education from an approved source in order to obtain a real estate license in the state. Clearing the official licensing test is dependent on passing the curriculum, which includes the following topics:
- Property ownership
- Land use laws and regulations
- And other related topics. Financial planning, financing, general agency principles, property disclosure, contracts, leasing, and real estate management are all topics covered. Transfer of ownership
- Real estate practice is defined as follows: Calculations pertaining to real estate
- The Board’s responsibilities and powers include: licensing requirements
- Rules controlling licensees
- Consumer protection laws
- Environmental concerns and dangerous materials
- And more. Landlord/tenant law
- Other subjects such as ownership, condominiums/cooperatives/timeshares, and registered land
- Massachusetts Fair Housing Law
Who is Eligible to Become a Real Estate Agent in Massachusetts?
Regulation of the Board’s duties and responsibilities include: licensing requirements, rules controlling licensees, contracts, consumer protection laws, environmental concerns, and hazardous materials. Additionally, ownership, condominiums, cooperatives, time shares, and registered land are included in Massachusetts Fair Housing Law and Landlord-Tenant Law.
What Else Do I Need to Do to Earn My Massachusetts Real Estate License?
Aside from passing your pre-license course, you must also complete the following requirements:
- Obtain three candidate endorsements from people who are not connected to you
- Make an application for permission to sit for the licensure exam. Acquire a passing score on the Massachusetts salesperson examination Find a broker to act as your sponsor
What is the Massachusetts Real Estate Licensing Exam Like?
The licensure test must be taken no later than two years after you have completed your education. Taking the Massachusetts license exam is handled by PSI, which is a third-party testing service provider. A total of 80 national subject questions with a 2.5-hour time limit and 40 state-specific questions with a 1.5-hour time limit are included in the exam. Before you depart, you will be given a score report. After passing both portions, they will offer you a permit to drive right away if you are willing to pay the licensing price.
How Often Does a Massachusetts Real Estate License Have to Be Renewed?
A Massachusetts real estate license must be renewed every two years in order to be in good standing.
What Are Massachusetts’s Continuing Education Requirements for Real Estate?
To renew your license in Massachusetts, you must complete 12 hours of continuing education from an approved source, which must be completed by your renewal date. Fair Housing, the Americans with Disabilities Act, agency law, environmental concerns, appraisal, financing, zoning and construction rules, property tax assessments and valuations, real estate board laws, and more are among the topics covered.
What Kind of Jobs Can I Get with a Massachusetts Real Estate License?
Obtaining a real estate license in Massachusetts can open the door to a wide range of professional opportunities, including the following:
- Residential real estate agent, commercial real estate agent, real estate broker, and property manager are all examples of real estate professionals.
The specialization and/or speciality you pick will also have an impact on your professional development. Some practice areas are more bankable than others, and many of them need the acquisition of extra licenses or certificates in order to succeed.
If you look at wage statistics from the Bureau of Labor Statistics for 2019, you can get a basic estimate of how much money you can anticipate to make as a real estate agent in Massachusetts:
|Job Title||Average Hourly Wage||Average Yearly Wage|
Because a real estate agent’s remuneration is often dependent on commission, the amount of money you make will be directly proportional to how well you sell. Some agents work part-time and earn extra money in addition to their regular pay. However, the top 90th percentile of sales agents in Massachusetts earns $128,780 a year, according to Payscale. Check out our Resources page to find out more about your career options, prospective real estate specialty, and how commissions are calculated and distributed.
How To Get a Massachusetts Real Estate License
It takes around 40 hours to finish an authorized Massachusetts real estate licensing test prep course, and students typically take 2-4 weeks to complete the course. This article discusses in detail what you need to know in order to obtain a Massachusetts Real Estate License. First and foremost, in order to determine whether or not you qualify to become a Massachusetts real estate agent, you must be able to respond affirmatively to the following three questions: 1. Do you have at least 18 years of age?
- Do you have a valid Social Security number?
- Do you have three persons (who are not related to you) who can attest for your character?
- There are two options for completing a 40-hour pre-licensure class: either online or in person.
- In a traditional physical classroom – often over the course of four days (10 hours per day).
- Online courses — This course may be completed from the convenience of your own home.
- In order to avoid having to do the pre-licensure course, you must take the Massachusetts real estate licensing test within two years after finishing it.
- You must receive a passing score of at least 70% to pass the exam, and you will be informed whether you passed or failed the exam immediately after finishing it (at the testing site).
Online Real Estate License Exam Prep Courses
Keep Me Certified is a Massachusetts-approved real estate school that offers a 40-hour pre-licensing course with a rolling enrollment schedule that is open to everybody. To learn more and to get started, please visit this page.
Continuing Education Requirement
Once you have obtained your Massachusetts real estate license, you must complete 12 credit hours of authorized continuing education every two years in order to maintain your license. To renew your license, you must complete 12 hours of authorized continuing education via a qualified real estate school at any time within the 24 month period immediately before the expiration date listed on your license’s expiration date.
For more information and to enroll in an online real estate licensing exam preparation course, please visit keepmecertified.com or click here.
About Keep Me Certified
Keep Me Certified is a real estate school situated in Massachusetts that is dedicated to providing better training for real estate agents. Since its inception in 2012, Keep Me Certified has taught more than 30,000 people to assist them in obtaining or renewing their real estate license. For additional information, please see www.keepmecertified.com.
In order to provide better training for professionals, Jeff is extremely motivated. His responsibilities at Keep Me Certified include overseeing the development, production, and delivery of all training content. Jeff is an ardent runner, a burrito aficionado, and the creator of Keep Me Certified. He lives in the San Francisco Bay Area.
Massachusetts State Requirements: Salesperson
Pre-licensing hours required by the state of Massachusetts are 40 hours. Course Hours Available: 40 hours for the Real Estate Express Massachusetts course. APPLY RIGHT NOW! Compliance with the Massachusetts real estate licensing standards as specified on theBoard of Registration of Real Estate Brokers and Salespeople website is the first step.
- Hours required by the state of Massachusetts for pre-licensing: 40. Course Hours Available: 40 hours for Real Estate Express Massachusetts. GET STARTED RIGHT NOW. Step 1.Complete the qualifications for a Massachusetts real estate license as indicated on theBoard of Registration of Real Estate Brokers and Salespersonswebsite.
Step 2.Complete a minimum of 40 hours of authorized pre-licensing real estate education in Massachusetts. Step 3: Submit an application for a Massachusetts salesperson’s license. Success in passing the real estate license examination with a score of 70 percent or above is the fourth step. Step 5. Obtain sponsorship from a Massachusetts real estate broker who is licensed to do business in the state.
How long does it take to get a Massachusetts real estate license?
The length of time it takes to obtain a Massachusetts real estate license varies from person to person and is determined by the rate at which you complete your pre-licensing education, pass your licensing examination, complete the application process, and the length of time it takes the state to process your application.
What kind of information will I learn to help me get a real estate license in Massachusetts?
In accordance with state law, all courses offered by Real Estate Express are approved by theBoard of Registration of Real Estate Brokers and Salespersons. The Massachusetts Real Estate License Exam will be available to you once you have finished the course requirements. EXPLORE THE COURSES AND PACKAGES
How do I take the Massachusetts Salesperson licensing examination?
PSI is in charge of administering the State examination. In this section, candidates will be able to register for their exams and begin the application process. Candidates must apply for and pass the salesperson licensing examination within two (2) years of the date on which they completed the requisite salesperson educational requirements. Please keep in mind that candidates are encouraged to apply and take the exam as soon as their education completion certificate is due to expire. When making a reservation for an examination, candidates should give plenty of time within the two-year time frame.
The General portion is divided into two (2) parts.
Candidates who pass one (1) section of the test but fail the other must repeat only the portion of the examination that they failed.
If the Educational Certificate is no longer valid, the partial pass will likewise be no longer valid. Candidates who earn a new Education Certificate are required to repeat both components of the test.
How do I submit my Massachusetts Salesperson application?
Applicants will be expected to submit in all appropriate documentation to PSI starting on March 4, 2019, using the most recent Candidate Information Bulletins available. Before being allowed to sit for the test, applicants must now be authorized by the Board of Examiners. Candidates who have completed the 40-hour salesperson pre-licensure course or got an educational waiver during the last two years (March 4, 2017-March 4, 2019), but have not yet taken the test, should be aware that their stamps are still in effect.
If they pass the licensing examination and satisfy all of the requirements of the Board, salespeople candidates who pass the licensing examination will obtain their license at the test center.
- When you arrive at the test location, make sure you pay for the license in full, in the exact amount computed after you pass the examination. Only credit cards, personal checks, cashier’s checks, and money orders made payable to “PSI” will be accepted as payment. No other forms of payment will be accepted. There will be no acceptance of cash
- To get candidate endorsements from persons who are not linked to the applicant, obtain three (3) comprehensive candidate recommendations. They are not need to be residents of Massachusetts. Classmates who are solely familiar to the applicant from the real estate course are not permitted to sign the candidate endorsement. Have, to the best of his or her knowledge and belief, filed all state tax forms and paid all state taxes required by law, in accordance with Massachusetts General Laws, Chapter 62C, Section 49A
- A valid Social Security number and/or a valid Tax Identification number must be provided (this is necessary)
The license will be issued at the test facility immediately following the successful completion of the licensing examination for real estate applicants who fulfill all of the licensing requirements and who have paid the licensing fee. All applicants must be prepared to have their licenses issued at the time of the exam at the testing center. Massachusetts General Law Chapter 112, Sections 87XX and 87ZZ, provide for prorated license payments, which will be computed at the test location in line with these provisions.
In addition, you will be asked to pay a $12 license charge to PSI.
Immediately following your examination, you may get a duplicate License Application Instruction Form by sending an email to [email protected] or calling 800-733-9267.
Does Massachusetts offer reciprocity?
Massachusetts gives reciprocity to several states, with varied conditions for each state. Please check this document to ensure that you are following the guidelines for the state in which you presently have a license.
Certificate of Course Completion: Upon successful completion of the course, Real Estate Express will present you with an electronic certificate of completion that will be accessible on your account dashboard. Because course completion dates are recorded in Central Standard Time, the time shown on your certificate will be the same as the time shown on your certificate. Phone: 617-701-8661 Fax: 617-727-0139 Massachusetts Board of Registration of Real Estate Brokers and Salespersons Website: 617-701-8661 Massachusetts Board of Registration of Real Estate Brokers and Salespersons Boston, Massachusetts 02118EN 1000 Washington Street, Suite 710 Boston, Massachusetts 02118EN GET STARTED RIGHT NOW