Do you wonder what it costs to be a real estate agent?
For the state of Maryland, startup costs are outlined here: Best Real Estate Licensing Courses in Maryland and Beyond.
Once you have gotten your license, it’s time to join a real estate brokerage. Each brokerage has its own fee structure.
Essential service providers also have fees.
To be a member of brightMLS, where you can access and share listings of homes for sale, currently costs $120 per quarter. (verified 5/1/2022)
To be a subscriber to the Sentrilock service, which you use to access lockboxes when you show homes, currently costs $169 per year. (verified 5/1/2022)
Realtor association dues, for the Anne Arundel County Association of Realtors, Maryland Realtors, and the National Association of Realtors, are currently $673 per year. (verified 5/1/2022)
And renewing your Maryland real estate license every two years costs $70. (verified 5/1/2022) Continuing education classes are also required, and the cost depends upon where you take them. More details are on the Maryland Department of Labor (DLLR) web site.
If you are wondering what is the best real estate brokerage, let’s talk and find out if eXp Realty is a fit for you! You can find out more about eXp Realty here.
We have agents across the United States, Canada, the United Kingdom and Australia, and can assist you with getting your real estate license and starting your real estate career anywhere.
P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.
Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.
Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146
