$185.00 Montana real estate license application fees (It includes $35.00 Recovery Account Fees)
How do I become a real estate agent in Montana?
Montana Real Estate Broker License Requirements
- Must have completed 60 hours of pre-licensing instruction from a school and instructor approved by the Board. …
- Must have passed the Montana Broker Examination with a score of 80% on both portions. …
- Must have two years experience as a licensed salesperson.
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.
Who is required to have a real estate license in Montana?
Montana Real Estate License Requirements
Be at least 18 years of age. Complete 10th grade or more at an accredited high school or equivalent. Complete 70 hours of prelicensing instruction within the last 24 months from a Board-approved school and instructor. Pass the Montana Salesperson Real Estate Exam.
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 long does it take to get a real estate license?
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.
Can a felon get a real estate license in Montana?
It is possible to get your real estate license in Montana with a criminal record. If you have a criminal history, make sure you disclose it on your application and include any necessary documentation regarding your charges. The MBRR will classify your application as nonroutine and review it on a case-by-case basis.
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.
Do brokers make more than real estate agents?
Yes, brokers generally earn more than real estate agents. According to the Bureau of Labor Statistics (May 2018), the average annual income for real estate brokers is $78,940, while it is only $61,720 for real estate agents.
Is real estate a good career?
Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.
Does Montana have real estate reciprocity?
Montana State Reciprocity:
Real estate commissions and boards across the country are adopting policies for a real estate agent in one state to more easily become licensed in another state.
Do you need a license to be a property manager in Montana?
NO. Property managers in Montana are not required to hold a broker’s license. However, a separate property management license IS required to engage in property management activities in Montana.
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.