How do I reinstate my real estate license in Massachusetts?

How do I reactivate my real estate license in Massachusetts?

The New regulation allows for you to reactivate your Massachusetts real estate license no matter how many years ago you expired. You can reactivate your license by attending 12 hours of continuing education and paying the real estate board the renewal fees. No resting is necessary.

Can I renew my ma real estate license online?

Massachusetts real estate agents renew their real estate license online. With over 70,000 real estate agents in Massachusetts, you are not the only real estate agent wondering where and if you can renew your real estate license online. The answer is: YES.

How much does it cost to renew your real estate license in MA?

Massachusetts license renewal fees for a two-year period are $142 for a broker license, $142 for an associate broker, and $103 for a salesperson. There is a $57 late renewal fee in addition to the regular fee.

Can you take the Massachusetts real estate exam online?

TL;DR: Yes, you can take the Massachusetts real estate course online. You can also take the State license test online. … Starting on January 28th, 2021 you can take the real estate license exam online with PSI Exams. This means that you can now complete the entire licensing process online from start to finish.

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How much does a realtor make 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 many times can you take the real estate exam in Massachusetts?

You’ll have four hours to complete the test, and need to get a 70% on each section to pass the exam and get your license. Don’t fret too much, though – you can take the exam as many times as it takes to pass, and we’ll go over testing strategies in class.

What penalty does practicing real estate in Massachusetts without a license carry?

Whoever, without being licensed as required by section eighty-seven RR, acts as a broker or salesman or advertises that he is a broker or salesman shall be punished by a fine of not more than five hundred dollars.

What is the salary for real estate agents?

The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.

How much does a MA real estate license cost?

Real estate license fee: $245.