How long does it take to get a Massachusetts real estate license?
The amount of time to get your Massachusetts real estate license is dependent on a number of factors, though most complete the requirements within a few months. There are a number of steps to complete which include education, passing the exam, and sponsorship by an actively licensed Massachusetts real estate broker.
How do I renew my Massachusetts real estate license?
Every agent must renew their license every two years based on their license date. Prior to the renewal date one must complete the applicable 12 hours of Continuing Education requirements and pay the renewal fee.
How do I get a Massachusetts real estate license?
To get a Massachusetts real estate salesperson license you must complete the following steps as required by the Massachusetts Real Estate Board:
- Complete 40 hours of approved Massachusetts Pre-Licensing education
- Pass the course final exam
- Take the Massachusetts Real Estate Exam with PSI. Effective 3/4/2019, PSI will no longer schedule exams without approval from the MA Board of Registration of Real Estate Brokers and Salespersons. Candidates must mail their application to the PSI office in Las Vegas to get pre-approved to take the licensing exam.
- Receive your license
- Choose a sponsoring broker
How long is the Massachusetts real estate license exam?
The exam is composed of 120 questions. Four hours are allotted to take the exam.
Do you need to have a diploma or GED to get your Massachusetts real estate license?
In order to become a licensed real estate agent in Massachusetts, candidates must have at least a high school diploma or GED.
What is the determination of Good Moral Character (GMC)?
The Massachusetts Real Estate Board will determine if the applicant for licensure possessess good moral character at the time of application. Due to this review by the RE Board, it is difficult to give a definitive list of criminal acts that would preclude someone from getting a license. RE Board staff strongly suggests students review RE Board's Policy and Guidelines on Good Moral Character.
Can a felon get a Massachusetts real estate license?
Individuals with a criminal record can receive a real estate license in Massachusetts. The candidate's criminal record will need to be reviewed and approved prior to licensure. Certain criminal backgrounds may not be approved by the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.
What is the average salary for a Massachusetts real estate agent?
It's difficult to determine the "average salary" of a real estate agent in Massachusetts, seeing as there is so much variance. According to Indeed.com, full-time Massachusetts agents average about $83k per year.
How old do you have to be to get your Massachusetts real estate license?
To become a real estate agent in Massachusetts, applicants must be at least 18 years of age.
Where do I take the Massachusetts real estate license exam?
Students will need to enroll for the Massachusetts real estate examination through the PSI website, where they can learn additional details about cost and scheduling.
How much Continuing Education do I need as a Massachusetts real estate agent?
Every two years, Massachusetts real estate agents are required to complete 12 hours of Continuing Education.
How much does it cost to get a Massachusetts real estate license?
In order to get a real estate license in Massachusetts, you'll need to factor in the cost of the application and the cost of Pre-Licensing education. Pre-Licensing education can range anywhere between $200-600. Application fees are typically much less, making the investment to become a real estate agent more cost-effective than enrolling in a standard college.
Does Massachusetts have real estate license reciprocity with any other states?
Massachusetts has reciprocity agreements with Connecticut, Rhode Island, West Virginia, Nebraska, Iowa, Tennessee, Mississippi, Colorado, Georgia, Pennsylvania, and New Mexico. Reciprocity applicants are required to apply for licensing with the state and pay any related fees.
Agents should learn as much as they can about reciprocity to streamline the application process.
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