how much do real estate agentsmake

Curious about the timeline to become a real estate agent in Washington State? Read on to discover the steps, requirements, and estimated duration to kickstart your real estate career!

Introduction

Are you considering a career as a real estate agent in Washington State? Becoming a licensed real estate agent is an exciting path that offers flexibility, growth opportunities, and the chance to make a significant impact on people's lives. However, many aspiring agents often wonder how long it takes to complete the necessary requirements and start their journey in the real estate industry. In this article, we will explore the steps and estimated timeline to become a real estate agent in Washington State.

  1. Researching State Requirements

Before diving into the process, it's crucial to familiarize yourself with the specific requirements set by the Washington State Department of Licensing (DOL). These requirements may vary from state to state, ensuring that you are well-informed and prepared.

  1. Pre-Licensing Education and Training

To become a real estate agent in Washington State, you must complete a 90-hour pre-licensing education course from an approved provider. This course covers essential topics such as real estate law, financing, ethics

It takes an average of four (4) months to obtain your real estate license in Washington State. However, many people take far less or far more time to get their Washington real estate license. You can obtain a license in just a few weeks. Or, you can take your time and earn your license over a year.

How hard is it to become a real estate agent in Washington state?

Meet the requirements Be at least 18 years old. Have a high school diploma or equivalent. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices. Visit the Course Search for a list of approved real estate education.

How do I become an estate agent in WA?

To work as a real estate representative in Western Australia, you must register with the Department of Mines, Industry Regulation and Safety . To register, you must be over 18 years of age and provide proof of completion of a recognised sales representative registration course.

How much is a realtor license in Washington?

What are the Fixed Costs Associated With Getting Your Washington Real Estate License?
NoDetailsCost
1Online Course at RealEstateU$199
2State Exam Fee$210
3Criminal Record Check Fee$17
4License Application Fee$223

How much does the average realtor make in Washington?

As of Oct 24, 2023, the average annual pay for a Licensed Real Estate Agent in Washington is $95,308 a year. Just in case you need a simple salary calculator, that works out to be approximately $45.82 an hour. This is the equivalent of $1,832/week or $7,942/month.

How do I become a real estate agent in WA state?

How to apply
  1. Be at least 18 years old.
  2. Have a high school diploma or equivalent.
  3. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices.
  4. Complete your education within 2 years before applying for the broker's exam.

How much do real estate brokers make in WA?

How much does a Real Estate Broker make in Washington? The average Real Estate Broker salary in Washington is $63,624 as of September 25, 2023, but the range typically falls between $56,824 and $75,691.

Frequently Asked Questions

How much do real estate agents make in Washington per sale?

In Washington, there is no government mandate that dictates the commission rate for real estate agents. However, it is customary for sellers to pay the 6% real estate agent commission from the final proceeds. Usually, 3% of the commission goes to the listing agent, and 3% goes to the buyer's agent.

What are the requirements to hold a real estate Licence in WA?

Description
  • Be at least 18 years old.
  • Be a fit and proper person of good character and repute.
  • Hold a current National Police Certificate.
  • Hold one of the prescribed qualifications.
  • Have at least two years of continuous full-time experience in the real estate industry.
  • Have sufficient assets and financial resources.

How long does it take to start making money in real estate?

As a new real estate agent, you can make money in three to six months. Tait Militana, a writer at Realtyna, says you should be making consistent money after your first year and it takes around 18 months to be able to live from real estate alone.

FAQ

What do you need to be a real estate agent in Washington state?
Meet the requirements Be at least 18 years old. Have a high school diploma or equivalent. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices. Visit the Course Search for a list of approved real estate education.
How much is a real estate license in WA?
Professional license fees
ServiceBroker fee
Service Get your original license*Broker fee $223
Service Renew your license*Broker fee $223
Service Renew your license late (with penalty)*Broker fee $263
Service Reinstate your license (in addition to renewal fees)Broker fee $100

How long does it take to be a real estate agent wa

What is required to be a real estate agent in Washington state? Meet the requirements Be at least 18 years old. Have a high school diploma or equivalent. Complete 90 hours of approved real estate education including a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices. Visit the Course Search for a list of approved real estate education.
What does it cost to become a realtor in Washington state? How Much Does It Cost to Get a Washington Real Estate License?
Real Estate School$280 - $500+
Real Estate License Fee$223
Examination Fee$210
Broker License Print Fee$5
Total$758 - $1,000+
  • How long does it take to get a real estate license in WA?
    • It takes an average of four (4) months to obtain your real estate license in Washington State. However, many people take far less or far more time to get their Washington real estate license. You can obtain a license in just a few weeks. Or, you can take your time and earn your license over a year.
  • How much does a real estate license cost in WA?
    • Business license fees
      ServiceReal estate firm fee
      Service Get an original licenseReal estate firm fee $304
      Service Renew a licenseReal estate firm fee $304
      Service Renew a license late (with penalty)Real estate firm fee $345
      Service Get a printed license by mailReal estate firm fee $5

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