Cost To Get Real Estate License In Tn
Are you considering a career in real estate in Tennessee? If so, it’s important to know the cost associated with obtaining a real estate license. In this article, we’ll cover everything you need to know about the cost to get a real estate license in TN.
Pre-License Education
Before you can apply for a real estate license in TN, you must complete a certain amount of pre-license education. This education typically includes 60 hours of classroom instruction, covering topics such as real estate law, contracts, and finance. The cost of this education can vary depending on the provider, but you can expect to pay anywhere from $300 to $700.
Exam Fees
Once you’ve completed your pre-license education, you’ll need to take and pass the Tennessee Real Estate Commission (TREC) licensing exam. The exam fee is $39, and you’ll need to schedule your exam through PSI, the company that administers the exam.
Licensing Fees
After passing the exam, you’ll need to pay for your real estate license. The licensing fee is $120 for a two-year license. However, if you’re applying for an initial license, you’ll also need to pay a $50 application fee.
Continuing Education
Once you’ve obtained your real estate license, you’ll need to complete continuing education to keep your license active. In Tennessee, you must complete 16 hours of continuing education every two years. The cost of continuing education can vary depending on the provider, but you can expect to pay anywhere from $150 to $300.
Additional Costs
There may be additional costs associated with obtaining a real estate license in TN. For example, if you’re a member of the National Association of Realtors, you’ll need to pay annual dues. Additionally, you may need to purchase real estate software or pay for marketing materials to get your business up and running.
Conclusion
As you can see, obtaining a real estate license in TN requires an investment of both time and money. However, with the right education and training, a career in real estate can be both rewarding and lucrative. If you’re interested in pursuing a career in real estate, be sure to research your options and choose a reputable provider for your pre-license education.