Frequently asked questions

How do I get my real estate license?
  • Meet your state’s eligibility requirements (typically 18–19 years old, high school diploma or GED, legally authorized to work in the U.S.).
  • Complete required pre-licensing education through a state-approved provider (generally 40–180+ hours, depending on the state).
  • Submit your license application and complete a fingerprint-based background check if required.
  • Receive authorization and schedule your exam (national + state-specific portions).
  • Pass both portions with the score required by your state (commonly 70–75%).
  • Affiliate with a licensed broker to activate your license and begin practicing.
How Much Does It Cost to Get a Real Estate License?
  • Pre-licensing education: $200–$1,000+ depending on state and school.
  • Fingerprint/background check: $40–$100.
  • State application fee: $50–$250.
  • Exam fee: $60–$100 per attempt.
  • License issuance fee: $50–$200 (varies by state).
  • MLS & association dues: $500–$1,500+ annually (market dependent).
  • Brokerage start-up fees: Varies (E&O insurance, tech, onboarding).
Average national start-up cost: Approximately $1,000–$3,000.
Do I Need to Be a Resident to Apply?
  • Most states do not require residency.
  • You must be legally authorized to work in the United States.
  • Some states may require consent to jurisdiction or additional documentation.
  • Always confirm with your state’s regulatory agency.
Do I Need a High School Diploma or GED?
  • Most states require a high school diploma or GED.
  • A few states may not explicitly require it.
  • Many approved schools require proof of completion regardless.
  • Always verify with your state’s licensing authority.
How Many Times Can I Take the Exam?
  • Most states allow multiple attempts.
  • Exam fees are typically required for each attempt.
  • Some states may limit attempts within a certain timeframe.
How Long Do I Have to Pass the Exam After Completing Education?
  • Time limits vary by state.
  • Many states allow education certificates to remain valid for 1–3 years.
  • If the certificate expires, coursework may need to be retaken.
  • It is recommended to take the exam within a few weeks of finishing coursework.
Will I Be Hired by a Brokerage After I Pass?
  • No. Real estate agents are typically independent contractors, not employees.
  • You must affiliate with a licensed broker to practice.
  • Income is commission-based and generally paid without tax withholding.
  • Agents are responsible for their own taxes and business expenses.
How Do I Choose the Right Brokerage?
  • Consider location, office space, and technology.
  • Evaluate training, mentorship, and culture.
  • Compare commission structures and fees.
  • Interview multiple brokerages before deciding.
  • You can transfer brokerages if your first choice is not the right fit.
How Much Does the Average Real Estate Agent Make?
  • The national average income is approximately $50,000–$60,000 annually.
  • Income varies widely by location, experience, and production.
  • Many part-time agents earn below the average.
  • Top producers can earn $100,000–$250,000+ annually.
  • Income is commission-based and tied directly to production.
How Many Attempts Does It Take Most People to Pass?
  • First-time pass rates typically range from 50–70%, depending on the state.
  • Many who do not pass initially succeed within a few attempts.
  • Multiple attempts are common and do not impact long-term success.
What Education Is Required After I Get Licensed?
  • Most states require post-license education within 6–24 months.
  • Post-license requirements typically range from 20–45+ hours.
  • Continuing education (CE) is required for license renewal.
  • CE requirements often range from 8–30 hours per renewal cycle.
  • Renewal cycles are commonly every 1–2 years.
What Happens If My License Expires?
  • Renewal rules vary by state.
  • Short lapses may require late fees and additional education.
  • Longer lapses may require reactivation steps or retesting.
  • Extended lapses in some states may require starting the licensing process over.
  • Always verify reinstatement requirements with your state regulator.
Can I Practice Real Estate While Working Another Job?
  • Yes. Many agents begin part-time while maintaining other employment.
  • Real estate offers flexible scheduling.
  • Income may fluctuate while building your business.
Can I Specialize in a Specific Type of Real Estate?
  • Yes. Agents may specialize in relocation, investors, luxury, first-time buyers, commercial, new construction, condos, specific neighborhoods, and more.
  • Specialization often develops through experience, networking, and marketing focus.