Getting your license is not really the expensive part. It is all of the costs that go into getting estabilished. If money is tight for you, you may want to hold off or reconsider. I am a registered nurse in addtion to a real estate agent, and I have continued to work in the hospitals while I also do real estate full time. Having a steady income to fall back on is certainly a handy thing to have.
I was able to take an online course ( I learn best that way, by reading). it cost me about $750. The finger printing, background check, and TREC state test cost me about another $250. Total cost of getting a license - about $1000.
Then comes the fun part...
Real estate association fees (NTREIS in my case) - about $500 startup (initial fee plus 6 months).
Brokerage signup ($300 I think it was)
Key card - $250 activation
Open House signs
Website, domain name, hosting, design, IDX system
Printing flyers, postcards, mailers
The costs really add up once you get your license and don't really let up since there are always monthly fees for everything.
If you would like to discuss more, feel free to call or email me any time.
It's more than real estate. it's RAYL-Estate!
Keller Williams Elite - Dallas, TX
Otherwise check out the community colleges in the area.
You can take the classes and the test first and then find a broker.
When you are ready we would like to speak with you about joining Keller Williams.
The link below will give you more information about what to consider when interviewing a broker.
Some companies have programs that include aspiring agents and will invest in their training. This is normally done with an agreement that includes the assurace that the agent will remain with the company under the penalty of repaying the training costs.
Pretty good outline from the other TX agents. NO need for choosing a broker until you take the final tests (and pass). The cost for the 210 hrs is from about $750 and up. I did mine online so it was self paced and could be done when I had the time. I found it to be very user friendly. I'd suggest that while taking the 210 hours find some time to interview several brokers. Agreeing to monthly "fixed costs" is the pitfal many fall into wether it's from the broker or others that try to sell you a service. Many brokers have monthly office fees that add up and never stop! The second broker question is commission splits. Big name brokers do not necessarily bring you business.
When all was said and done by the time I actually was licensed and up and running I'd spent about $2,500.00.
It's going to cost you about the same no matter where you go. And we all pay the same dues to ABOR and TREC, What you need to research is what your potential broker is going to charge you AFTER you get licensed. And you do not need to get a broker before you get licensed.
I do recruiting for my company and we have a wonderful business model fif you want to sign on. If you would like to contact me offline my info is below.
And for the record, when it's slow is the BEST time to get into real estate (so long as you're not completely dependent on the income). It seems that it's being assumed that you are strapped for cash when you're only wanting to know how to inexpensively get licensed. I got licensed in early 2008 and I was asked multiple times," Why are you getting licensed when things are so bad?" Truthfully, I was able to learn and get help because people had time to help me and I was not rushing around trying to figure it all out on my own.
Just my .02
With kind regards,
VOX Real Estate LLC
A real estate license will cost you a nice chunk of change so I would suggest you get $$$ amounts from Texas Real Estate Commission and the Austin Board of Realtors as to how much you will need to pay AFTER you complete your classes....
Hope this helps.