However, the time it takes to get a California real estate license can vary depending upon a number of factors.
It may take a few months to complete the required 135 hours of Pre-Licensing coursework, find a sponsoring broker, go through the application process, and take the California Salesperson examination.
How much does the average real estate agent make in California?
Average Real Estate Agent Yearly Salary in California. Real Estate Agents earn an average yearly salary of $61,447. Salaries typically start from $10,400 and go up to $124,440.
How hard is the real estate exam in California?
Obviously, you want to go in there and pass the real estate exam the first time. Students wonder how difficult the California Real Estate License Exam is to pass. Our school has a 97% passing rate for first-time test takers.
Can you get a real estate license with a misdemeanor in California?
The California Business and Professions Code grants the Department of Real Estate (DRE) the right to deny a license based on a previous criminal record. This includes misdemeanor and felony convictions that occurred in any county in the country. Licenses are also commonly denied due to a conviction of a violent crime.
How much does it cost to go to real estate school?
Most courses require two or three real estate textbooks. These and exam preparation guides cost $20 to $50 or more each. Membership in the National Association of Realtors is available with a variety of designations. Membership dues are assessed by the local association and can cost between $50 and $100 per month.
Is the California Real Estate Exam open book?
The California salesperson real estate exam contains 150 multiple choice real estate questions. You are given 3 hours and 15 minutes to complete the exam. The CA real estate exam is closed book so no notes or books may be used to complete the exam.
Why do real estate agents make so much money?
Why does a real estate agent make so much money on one sale? That is a lot of money, but a real estate agent does much more than work directly on the listing of a home. Most likely the listing agent has to pay part of that commission to their broker which may cut in half what they actually take home equaling $3,000.
Do real estate agents get paid a salary?
For example, if your employer pays you an annual salary of $50,000 and a modest commission or incentive of 10 to 20 percent, you could find yourself earning more income for your employer than she pays you, especially if you live in an area where homes sell in the mid to high six-figure range and sellers routinely pay 6
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