Quick Answer: What do you need to be a real estate agent in Indiana?

What requirements must I meet to apply for a real estate license? You must be at least 18 years of age, have a high school diploma or GED, complete an approved 90 hour real estate pre-licensing course, and pass the licensing examination.

How much does a new real estate agent make in Indiana?

Wages typically start from $22,269 and go up to $105,899.

How hard is the Indiana real estate exam?

Remember, the Indiana real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched.

Is it worth it to get a realtor license?

Getting licensed takes both time and money – not something every new investor has. If you can use your real estate license for deals, networking or to save or earn more money, it is worth the investment. Of course, you can always work with licensed people, but sometimes having your own avoids a lot of hassle.

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What type of education is required to be a real estate agent?

Education and Training

In most cases, you don’t require a college degree to become a real estate agent, but it does help potential career job seekers stay competitive and relevant. An associate or bachelor’s degree is more than sufficient—perhaps in business, finance, or any other related field.

How much do Realtors make in Indiana?

How Much Real Estate Agents Make In Each State

State 2017 Mean Annual Wage 2-Year Change
Indiana $43,230 -33.80%
Iowa $49,900 16.60%
Kansas $46,640 -28.10%
Kentucky $47,220 20.80%

How many times can I take the Indiana real estate exam?

Yes. You can take your real estate broker exam as many times as necessary to pass as long as you retake it within one year of your course completion certificate date.

How long does it take to become a Realtor in Indiana?

To become a licensed real estate broker in Indiana includes completing the following: Be at least 18 years old. You must have obtained a high school diploma or equivalency certificate (GED) Successfully complete 90 hours of approved real estate education.

What does real estate school cost?

On average, real estate school costs between $100 and $900, though your costs will vary by state and school. What is this? Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.

Do you need real estate license to flip houses?

You don’t need your real estate license to become a house flipper but it’s a good idea to get your real estate license because it will open up more opportunities for you throughout the process.

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Is getting real estate license hard?

Is it hard to get a real estate license? No. Obtaining your real estate license is very straightforward. All you need to do is devote some time and effort to fulfilling your prelicensing education requirements, study for and pass the exam, and then register your license with your state.

Does real estate pay well?

According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

How much does it cost to get real estate license?

Real estate examination and licensing fees

Your real estate license application fee will generally cost around $25. You will also have to pay for fingerprinting and a background check. These will cost about $100 altogether. The actual state exam fee will vary, but it is generally less than $50.

How long does it take to get your real estate license?

On average it takes at least 4-6 months to get a real estate license in a traditional classroom. If you’re taking your real estate pre-licensing course online, it can take as little as 8 weeks depending on how fast you want to pace yourself.