How much is a real estate license in Montana?

How much does it cost to become a real estate agent in Montana?

The cost of a Montana real estate license is:

$185.00 Montana real estate license application fees (It includes $35.00 Recovery Account Fees)

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.

How do I get my real estate license in MT?

Montana Real Estate License Requirements

  1. Be at least 18 years of age.
  2. Complete 10th grade or more at an accredited high school or equivalent.
  3. Complete 70 hours of prelicensing instruction within the last 24 months from a Board-approved school and instructor.
  4. Pass the Montana Salesperson Real Estate Exam.
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How much does a realtor make in Montana?

The average salary for a real estate agent in Montana is around $44,300 per year.

How do I become a broker in Montana?

Montana Real Estate Broker License Requirements

  1. Must have completed 60 hours of pre-licensing instruction from a school and instructor approved by the Board. …
  2. Must have passed the Montana Broker Examination with a score of 80% on both portions. …
  3. Must have two years experience as a licensed salesperson.

Can a felon get a real estate license in Montana?

Each state makes its own regulations and process for getting a real estate license, including the requirements for those with a felony conviction.

What states allow felons to get a real estate license?

States Allows Felony on Real Estate License Supplemental Form
Montana Yes Documented on application

Is real estate a good career in 2021?

Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.

How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

Is real estate agent a dying career?

Real estate isn’t a dying career. In fact, there are more real estate agents in 2021 than perhaps ever before. However, the field is changing dramatically, with the advent of online marketing, VR and virtual tours, and easy online paperwork.

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How do you get a broker’s license?

Real Estate Broker General Requirements

  1. Be 18 years of age.
  2. High school diploma or equivalent.
  3. 2 to 4 years of experience as a practicing salesperson.
  4. Complete the required broker education.
  5. Take and pass the broker licensing exam.
  6. Complete the broker license application and pay the required fee.

Who is responsible for conducting real estate examinations in Montana?

The Montana Real Estate Licensing Examinations are administered by computer at three PSI Test Centers in Billings, Great Falls and Missoula, Montana. Test Center locations in surrounding states may be made available if requested.

Can you transfer a real estate license to another state?

Mutual Real Estate Reciprocity

If your home state is included in a mutual real estate reciprocity agreement, you’re able to transfer your real estate license from your state to the target state upon the successful completion of their state-specific educational requirements and exam.

What does average real estate agent make?

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 can I be a real estate agent?

You can become a real estate agent in about four to six months, depending on where you live. Online prelicensing classes can speed up the process. Requirements vary by state, but the general steps are to take a real estate prelicensing course, take the licensing exam, activate your license, and join a brokerage.