how much is it to take a real estate course

by Brenda Witting 8 min read

On average, real estate school can cost anywhere from $250 to as much as $600 depending on the school and course. Coldwell Banker

Coldwell Banker

Coldwell Banker Real Estate LLC is an American real estate franchise owned by Realogy with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco, and has approximately 3,000 offices in 49 countries and territories. It publishes an annual house price gui…

, for instance, says the pre-licensing courses will often be in the $400 to $500 range, depending on where you take the course, according to the company’s website.

Full Answer

What is the best online real estate course?

Nebraska requires that incoming real estate agents have at least 60 clock hours of real estate education to sit for the exam. Approved courses can cost …

How much does real estate school cost?

 · The online and correspondence real estate licensing courses are priced at $150 to $1,200 or more, depending on the state and the depth of study. Certain courses include additional exam preparation training and materials, including practice tests.

What are the best schools for real estate?

 · You can expect to spend anywhere from $180 to $600 on a home study course, depending on the state where you are planning to work. Prelicensing Education Add-Ons Some real estate schools offer prelicensing education plus extra career prep to …

Where can I find free online real estate courses?

 · Florida: In Florida, the cost of obtaining a real estate license is around $500 and includes 63 hours of required classroom instruction. People living in this state might expect to spend anywhere from $400 to $700, despite the fact that costs can fluctuate. State Licensing Exam ($85 to $200)

Is it worth it to get into real estate?

One of the greatest advantages of becoming a real estate agent is the unlimited income potential. As an agent, there is no limit to how much you earn. That's because real estate agents work for a commission. Typically, the agent walks away with 2.5% - 3% of a property's sale price.

How much does it cost to be a real estate agent in Ontario?

The total fee for the Pre-Registration Phase of the program is $3,590.00 and total cost for the Post-Registration Phase is $570.00. The total cost for the Real Estate Salesperson Program is $4,160.00.

How much do realestate agents make?

The standard commission for estate agents is 7.75% of the sale. However, there are no regulations governing the amount an estate agent should be paid.

How long does a real estate course take in Ontario?

The course needed to be taken in order and there are flexible schedules available, including online learning options for those who live far away. Because of the flexibility, completion time varies amongst candidates but, in general it takes nine months to a year to complete all the required parts of the program.

How much does a real estate broker course cost?

Various community colleges provide combined real estate agent and broker courses, for a price from $600 to $5,000.

How much does the American School of Real Estate Express cost?

The American School of Real Estate Express provides broker and agent courses for several states, ranging from $150 to $650 in California, and $150 to $1,350 in Florida.

How much does it cost to become a licensed broker in California?

For instance, In California, the licensing fee is $245 for an agent/salesperson and $300 for a broker, valid for four years.

How many hours do you need to get a real estate license?

Many states require 30 to 90 hours of classroom instruction for an agent’s license and 60 to 90 hours for a broker’s license, as well as 2-3 years of experience in selling real estate.

Do you need a broker license to become a realtor?

Salespeople and agents need to be affiliated with a real estate broker and get a broker’s license to require additional training hours and a comprehensive exam. The real estate agent or broker becomes a Realtor only when he or she becomes a member of the National Association of Realtors and when he or she subscribes to its Code of Ethics.

How much does it cost to take a real estate course?

If you’re interested in enrolling in an on-demand course, you can expect to pay anywhere from $200 to over $800. On-demand course prices are typically about the same as a live online course or a little less. Even though you aren’t paying for a live instructor to teach your course, you have the added benefit of being able to move at your own pace and schedule. This is a good course option for busy parents, students, and professionals who might not be able to attend a real estate course that has a set schedule. On-demand courses allow you to complete the work on your own time.

How much does real estate school cost?

The Cost of Real Estate School. The cost of real estate school can vary from a couple hundred dollars to just over a thousand. How much you’ll spend on real estate school depends on the type and format of the education you’re seeking and the number of hours of education your state requires.

How much does a real estate prelicensing course cost?

Live Online Course Costs. The cost of real estate prelicensing live online courses can vary anywhere from $300 to over $900. Live Online courses are a popular option because they combine the benefits of a live classroom with the flexibility of an online course.

Is home study cheaper than online?

A home study course usually costs much less than a live online or on-demand course . If you are working with a tight budget and have the tenacity and drive to complete the course entirely on your own then, a home study course might be a good option for you.

Is career prep good for real estate?

The additional career prep course is a good option for anyone who wants to make sure they are in the best position to be successful in the world of real estate. The costs of real estate prelicensing education are relatively low compared to how much you can expect to earn once on the job as a real estate agent.

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

It is not uncommon for costs in the first year to reach upwards of $3,000. On top of that, there is money that must be spent to maintain it throughout a career.

How many hours do you need to take the real estate exam?

In addition, the amount of “credit hours” required by each state varies significantly, ranging from 63 hours in Florida to 180 hours in Texas.

How much does a real estate license cost in Florida?

Florida: The cost of a real estate license in Florida hovers around $500, which includes the 63 hours of required coursework. Though the costs can vary, residents should expect to pay between $400 and $700 in this state. 2.

What do you need to know to become a real estate agent?

This means getting the word out about what you do and how you can help potential clients. If you want to act as a real estate agent, a few costs to consider include business cards, a website, social media advertising, flyers, and even direct mail pieces.

What are business expenses?

Essentially, business expenses refer to anything you need to purchase to fulfill your duties as a real estate agent. These costs can vary dramatically depending on your existing real estate business setup, number of employees or partners, and the number of clients you are willing and able to take on.

How much does a background check cost?

Fortunately, background checks aren’t that expensive and should set you back no more than $50 to $100.

How many credit hours are required for Florida?

In addition, the amount of “credit hours” required by each state varies significantly, ranging from 63 hours in Florida to 180 hours in Texas. However, it’s worth noting that the costs associated with each state’s educational requirements are as varied as the number of hours required themselves.

How much does it cost to take the real estate exam in California?

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. So, check the Department of Real Estate’s website to know your state’s application fee.

How much does it cost to be a real estate agent?

Without the business expenses, the immediate fees to be a real estate agent can be as low as $1,077 and as high as $1,640. Depending on your location, this estimate could be lower or higher (by a small margin).

Why do brokerages charge fees?

The reason why brokerages charge fees are because they give resources, tools, and training to agents. This includes insurance, legal resources, office supplies, internet, training, leads, and even coffee. Desk fees can vary based on your location. They can become more costly in populated areas.

What is the purpose of a real estate board?

So, you might be wondering, “what is the purpose of the local real estate board?” This is where you get access to tools, resources, and other perks to doing your job well.

What is real estate school?

Real estate school is a pre-licensing program that gives students the required educational material to take the real estate license exam. California has many pre-licensing programs. So, the cost of these programs vary. Online programs may cost less than in-person programs. But, they both come with different perks. To know which program to choose, ask yourself what you need to excel.

How often do you have to renew your real estate license?

How often do you have to renew your real estate license? Every 4 years you have to renew your license. This is because practices change in real estate. So, to keep agents current with the industry, they have to take a continuing education course.

How much does it cost to renew your California driver's license?

To renew your license, you must provide proof of completing the continuing education course and pay the $245 fee in California. Afterward, you don’t have to think about renewal for another 4-years. If you are late for the renewal, you could have your license suspended and the fee will increase.

How much does it cost to get into a real estate school?

For example, RealEstate.com shows that the price of admission for this type of school can range anywhere from $169 to $307.

How much does real estate school cost?

On average, real estate school can cost anywhere from $250 to as much as $600 depending on the school and course. Coldwell Banker, for instance, says the pre-licensing courses will often be in the $400 to $500 range, depending on where you take the course, according to the company’s website.

What is a real estate school?

A real estate school is a school that offers different courses to enhance the ability and knowledge of an individual in order to jumpstart his or her career in the real estate industry. This training will be required in order to become licensed in your state, and a basic course, at a minimum, will prepare you for the state’s licensing exam.

How much does it cost to get a license in Pennsylvania?

After you graduate from the school program, licensing and test fees will be separate. In Pennsylvania, for instance, the cost to take the test is $56, and it’s another $131 for a two-year license. The cost of the licensing exam will usually be in the $50 to $150 range, and these tests will often have to be taken at a third-party testing center. Most states, regardless of where you live, will require you renew your license every few years. If you want to become licensed in more than one state, then it’s safe to multiply this number by the number of states you want to become licensed in.

How long does it take to pass the real estate exam?

The length of the exam will vary depending on the state you live in, but most will take one to three hours and you must score a 70 percent at a minimum to pass. Most exams will have anywhere from 75 to 150 multiple choice questions on national and state real estate laws and principles.

How many times a week do you have to show up for a real estate class?

Intense classes may be available which may require you show up to class four to six times per week, cutting the duration of the program by more than 70 percent. The course will teach real estate terms such as a lien, escrow and encumbrance, along with legal issues and real estate practices, for example.

How much does it cost to get a FBI background check?

An FBI background check can cost $60 to $110 and fingerprinting can be another $30 to $60. Board fees are another fee to think about and can cost close to $300+ per year.

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

How much does it cost to get a real estate license in Texas? Adding all these costs together, you should expect to pay somewhere around $850 to $1,000 total to get your real estate license in Texas.

How much is the National Association of Realtors dues?

Dues for associations like the National Association of Realtors® ($150 starting in 2019) Marketing materials. Luckily, more and more marketing is done online, so you don’t need to continuously order from a fancy printing company. You can start marketing for free on social media.

How much does it cost to take the TREC exam?

On top of these fees, you’ll also pay to take the TREC exam. The current exam fee is $54 per attempt. It’s a difficult test, and many people need 2 or even 3 attempts to pass it. This is why those exam pass rates are so important when you’re choosing your real estate school.

What is the first step in real estate?

Getting your real estate license is the first step in building a successful real estate career.

How much does Austin Community College cost?

On-campus courses will cost more. If you enroll at Austin Community College, for example, you’ll pay $1,020 in tuition and fees for the 5 required courses. You might also pay more if you enroll in each class individually.

How much does a real estate agent make in Texas?

According to Glassdoor, the average real estate agent in Texas makes $48,883 per year. But this number is misleading. It includes part-timers and brand new agents who aren’t making a full salary yet. If you just look at full-time agents with more experience, the median jumps to $73,400!

Is a real estate agent an employee?

Real estate agents are typically not employees; they’re independent contractors. This means you’ll probably work on commission instead of receiving a predetermined salary. You’ll probably have to pay for your own insurance and fund your own retirement. And you’ll need to cover your own business expenses.

How much does 360 training cost?

360 Training offers some of the lowest prices with a full pre-licensing course for $119 dollars. Money is saved by skipping exam prep which can also be bought separate for $79. Prices may differ slightly in some states.

How much does it cost to get a Kaplan license?

Pricing for Kaplan pre-licensing courses varies depending on your state—for instance, courses for pre-licensing in New York start at $379, whereas pre-licensing in Georgia starts at $299. Online options include home study (their self-study option), on-demand, and live classes.

What is 360 training?

360 Training offers pre-licensing, exam prep, post-licensing, and continuing education courses. What’s great is that you can pick and choose from individual courses. Their pre-licensing course comes in multiple packages and configurations. According to the company, courses are developed by experts in the real estate industry and adhere to state licensing requirements.

What is Real Estate Express?

Real Estate Express offers courses that are both affordable and comprehensive, offering exam prep, accredited pre-licensing courses, and career path information. It’s one of the most affordable options for those looking for career guidance pre- and post-exam.

How many questions are in the online school exam?

The online school's exam prep program is specifically designed for test prep and not the licensing hours. With over 1,000 questions in the test bank, getting a passing score in this program gives students the best indication of whether or not they are ready for the exam.

How many questions can you get in a training mode?

There's a training mode where you can access over 1,000 questions in an untimed test. The testing mode mimics a real test, pulling in a certain amount of questions. There's even a timer, and after the test, you'll receive your results with feedback.

Where is 360 training located?

Founded in 1997, the company is based in Austin, Texas, and has over four million worldwide users.

How much does it cost to become a real estate agent in Michigan?

All said and done you can get your Michigan real estate license for around $367. Not bad for a profession that pays almost $52,000 a year on average. Here’s how the costs break down.

How many hours of real estate education is required in Michigan?

The Department of Licensing and Regulatory Affairs (LARA) requires that applicants complete 40 hours of real estate education. The cost of the courses is set by the education provider.

How much does it cost to take the Michigan license exam?

The Michigan licensing exam is administered by PSI Services LLC. They charge an exam fee of $79. That charge applies each time you take the exam. Just one more reason why it’s important to study up before taking the test.

How much does it cost to become an aceable agent?

The cost of the courses is set by the education provider. Here at Aceable Agent all you pay is $199 for the entire 40-hour Michigan real estate course. You’ll also get a study guide, prep tests to practice for the exam and a money-back guarantee.

How long does it take to get a LARA license?

You have to take the courses with a LARA-approved education provider or you won’t get credit. You have to apply for a license within 36 months of completing the required coursework or you’ll have to take the courses again.

How long is a iCola license good for?

But if it’s the second year of the licensing cycle you’ll pay $62, and your license will be good for two years. You must pay electronically when the application is submitted, which means you need to pay by debit or credit card. The iCOLA system accepts Visa, MasterCard and Discover.

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