How To Get Real Estate License In Ma
Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Massachusetts or anyone looking to become a real estate agent or realtor in Massachusetts. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The requirements for a real estate broker license in Massachusetts include being at least 18 years of age. The applicant's principal residence needs to be in Massachusetts for at least one year prior to the issuance of the license. The applicant needs to submit proof of having been actively affiliated with a Massachusetts real estate broker as a salesperson for at least one year.
The broker applicant is required to take 30 classroom hours of approved broker real estate courses before taking the real estate exams. After passing the examinations, the applicant needs to provide a surety bond in the amount of $5,000. Click here for a list of bond providers.
An attorney at law in the commonwealth is not required to take the education courses or the examination or to have his principal residence in the commonwealth. However, the attorney still needs to submit an application and pay a $45 fee.
All real estate agents are required to successfully complete 12 hours of continuing education courses during the 24 months prior to each renewal. All licenses expire on the birthday of the licensee and are good for two years.
The approved Real Estate Schools for prelicensure and continuing education are located throughout the state. Correspondence courses are not acceptable for fulfilling the requirement.
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.
Some Massachusetts real estate forms are available online and some are provided by the real state schools upon completion of the courses. Others are available from the Real Estate Board.
Real estate careers are enhanced by membership in the many organizations that provide services for the professional agent. Those holding a real estate license usually join organizations like the Massachusetts Association of Realtors and the National Association of Real Estate Brokers (NAREB) assist many in locating real estate jobs within the industry. The Association of Real Estate License Law Officials (ARELLO) and The National Association of Realtors (NAR), the world's largest professional association, are excellent resources for real estate education and professional enrichment.
Massachusetts Real Estate Forms | Massachusetts Reciprocity States |
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(as of 2/23/2010) |
Massachusetts Approved Real Estate Schools Prelicensing and Postlicensing Education | |
Community Colleges Berkshire Community College | Private Schools Boston Realty Institute (Boston) Celata Real Estate Academy (Revere) Center For Real Estate Studies and Training (Auburn) Greater New Bedford Association of Realtors (New Bedford) Metropolitan School of Real Estate (Somerville) Realtor Association of Pioneer Valley, Inc. (Springfield) The Spencer School of Real Estate (Newtonville) |
Last Update: 3/1/2010 This list may not include all approved schools. Please visit the Massachusetts Real Estate Board website for the latest list of approved real estate schools. |
How To Get Real Estate License In Ma
Source: http://www.mortgagenewsdaily.com/real_estate_license/Massachusetts.asp
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