The continuing education MUST be completed BEFORE renewing your real estate license to active, current status (NO EXCEPTIONS). The twelve (12) hour requirement is for each license term (a license is good for two years).
How long do you have to renew your real estate license in MA?
Every two years real estate agents are required to complete 12 credit-hours of continuing ed. Upon completing this continuing ed requirement, agents fill out a simple online renewal form through the elicensing portal certifying they completed the course (under penalties of perjury) and pay a renewal fee.
How long is real estate license good for?
A. – The term of a real estate license is four years.
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. Massachusetts has reciprocity agreements with 13 states. See the list below, or click here for more info.
Can I renew my real estate license after it expires in Massachusetts?
A. 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.
What can an inactive real estate agent do?
An active license means you work under a sponsoring broker. … If you do not have a sponsoring broker, you will be issued an inactive real estate license. If you hold an inactive license, you cannot engage in any real estate brokerage activities.
When it’s time for your Massachusetts license to be renewed when should you expect to be notified by the board?
You should receive a notice from the state regarding your license renewal in the mail approximately 4-6 weeks before your birthday in your renewal year.
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 long is the real estate exam in MA?
The Massachusetts Law section is 40 questions, and the General section is 80. 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.
How long does it take to get my real estate license in Massachusetts?
It takes about 40 hours to complete an approved Massachusetts real estate license exam prep course and on average takes students 2-4 weeks. This article explains exactly what you need to know to get a Massachusetts Real Estate License.
How do I reactivate my real estate license in Massachusetts?
If you require a renewal form you must call 617-727-2373 or e-mail the Board at firstname.lastname@example.org and request a duplicate renewal form. If your license has been expired for more than two (2) years you must submit a written request for reinstatement.
How much does a Massachusetts real estate license cost?
Massachusetts Real Estate License Costs
|Prelicensing Classes (40 Hours)||$249 (through The CE Shop)|
|Massachusetts Real Estate License Exam Fee||$54|
|Massachusetts Real Estate License Exam Application Fee||$31|
|Massachusetts Real Estate License Fee||$103 – $150 (depending on your birthdate)|
|Total Cost||$546 – $593|
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. Click here to learn more about our online course.
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.