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Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.Become A Real Estate Agent In Massachusetts
Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Massachusetts or anyone looking to become a real estate agent or realtor in Massachusetts. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The Massachusetts
Division of Professional Licensure (DPL) is an agency within the Massachusetts
Office of Consumer Affairs and Business Regulation. The DPL regulates over 40
professions and trades, one of which is the Massachusetts
Real Estate Board. The full License Law and Regulations are available
online.
The requirements for a real estate salesperson license in Massachusetts include being at
least 18 years of age and completing 24 classroom hours of approved real estate courses by
an authorized
real estate school. These 24 hours are waived if the applicant has
successfully completed a course in real property while enrolled in an accredited law
school. After completing the educational requirement, the applicant needs to successfully
pass the real estate examination for a salesperson.
The requirements for a
real estate broker license in Massachusetts include being at least
18 years of age. The applicant's principal residence needs to be in Massachusetts for at
least one year prior to the issuance of the license. The applicant needs to submit proof
of having been actively affiliated with a Massachusetts real estate broker as a
salesperson for at least one year.
The broker applicant is required to take 30 classroom hours of approved broker real
estate courses before taking the real estate exams. After passing the examinations, the
applicant needs to provide a
surety bond in
the amount of $5,000. Click
here for a
list of bond providers.
An attorney at law in the commonwealth is not required to take the education courses or
the examination or to have his principal residence in the commonwealth. However, the
attorney still needs to submit an application and pay a $45 fee.
All real estate agents are required to successfully complete 12 hours of continuing
education courses during the 24 months prior to each renewal. All licenses expire on the
birthday of the licensee and are good for two years.
The approved Real Estate Schools for prelicensure and continuing education are located
throughout the state. Correspondence courses are not acceptable for fulfilling the
requirement.
Massachusetts license renewal fees for a two-year period are $142 for a broker license,
$142 for an associate broker, and $103 for a salesperson. There is a $57 late renewal fee
in addition to the regular fee.
Massachusetts has reciprocity agreements with 13 states. See the list below, or
click here
for more info.
Some Massachusetts real estate forms are available online and some are provided by the
real state schools upon completion of the courses. Others are available from the Real
Estate Board.
Real estate careers are enhanced by membership in the many organizations that provide
services for the professional agent. Those holding a real estate license usually join
organizations like the Massachusetts Association
of Realtors and the National
Association of Real Estate Brokers (NAREB) assist many in locating real
estate jobs within the industry. The Association
of Real Estate License Law Officials (ARELLO) and The National Association of Realtors (NAR),
the world's largest professional association, are excellent resources for real estate
education and professional enrichment.
Massachusetts Real Estate Forms
|
Massachusetts Reciprocity States
|
- Most real estate forms can be obtained online.
Ones listed below pertain to new salespersons and brokers.
- Once prelicensing requirements are completed, the school will provide the
application/examination materials and/or forms.
- Fee
and License Renewal Schedule
- Name Change Form
|
- Alabama
- Arizona
- California
- Connecticut
- Louisiana
- Maine
- Missouri
- New Hampshire
- New York
- Ohio
- Oregon
- Rhode Island
- Washington
(as of 2/23/2010)
|
Massachusetts Approved Real Estate Schools Prelicensing and
Postlicensing Education
|
Community Colleges
Berkshire Community College
Bristol Community College
Cape Cod Community College
Massasoit Community College
Quinsigamond Community College
Roxbury Community College
|
Private Schools
Boston Realty Institute (Boston)
Celata Real Estate Academy (Revere)
Center For Real Estate Studies and Training (Auburn)
Greater New Bedford Association of Realtors (New Bedford)
Metropolitan School of Real Estate
(Somerville)
Realtor Association of Pioneer Valley, Inc.
(Springfield)
The Spencer School of Real Estate
(Newtonville)
|
Last Update: 3/1/2010
This list may not include all approved schools. Please visit the Massachusetts
Real Estate Board website for the latest list of approved
real estate schools. |
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Become A Real Estate Agent In Massachusetts
Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Massachusetts or anyone looking to become a real estate agent or realtor in Massachusetts. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..
The Massachusetts
Division of Professional Licensure (DPL) is an agency within the Massachusetts
Office of Consumer Affairs and Business Regulation. The DPL regulates over 40
professions and trades, one of which is the Massachusetts
Real Estate Board. The full License Law and Regulations are available
online.
The requirements for a real estate salesperson license in Massachusetts include being at
least 18 years of age and completing 24 classroom hours of approved real estate courses by
an authorized
real estate school. These 24 hours are waived if the applicant has
successfully completed a course in real property while enrolled in an accredited law
school. After completing the educational requirement, the applicant needs to successfully
pass the real estate examination for a salesperson.
The requirements for a
real estate broker license in Massachusetts include being at least
18 years of age. The applicant's principal residence needs to be in Massachusetts for at
least one year prior to the issuance of the license. The applicant needs to submit proof
of having been actively affiliated with a Massachusetts real estate broker as a
salesperson for at least one year.
The broker applicant is required to take 30 classroom hours of approved broker real
estate courses before taking the real estate exams. After passing the examinations, the
applicant needs to provide a
surety bond in
the amount of $5,000. Click
here for a
list of bond providers.
An attorney at law in the commonwealth is not required to take the education courses or
the examination or to have his principal residence in the commonwealth. However, the
attorney still needs to submit an application and pay a $45 fee.
All real estate agents are required to successfully complete 12 hours of continuing
education courses during the 24 months prior to each renewal. All licenses expire on the
birthday of the licensee and are good for two years.
The approved Real Estate Schools for prelicensure and continuing education are located
throughout the state. Correspondence courses are not acceptable for fulfilling the
requirement.
Massachusetts license renewal fees for a two-year period are $142 for a broker license,
$142 for an associate broker, and $103 for a salesperson. There is a $57 late renewal fee
in addition to the regular fee.
Massachusetts has reciprocity agreements with 13 states. See the list below, or
click here
for more info.
Some Massachusetts real estate forms are available online and some are provided by the
real state schools upon completion of the courses. Others are available from the Real
Estate Board.
Real estate careers are enhanced by membership in the many organizations that provide
services for the professional agent. Those holding a real estate license usually join
organizations like the Massachusetts Association
of Realtors and the National
Association of Real Estate Brokers (NAREB) assist many in locating real
estate jobs within the industry. The Association
of Real Estate License Law Officials (ARELLO) and The National Association of Realtors (NAR),
the world's largest professional association, are excellent resources for real estate
education and professional enrichment.
Massachusetts Real Estate Forms
|
Massachusetts Reciprocity States
|
- Most real estate forms can be obtained online.
Ones listed below pertain to new salespersons and brokers.
- Once prelicensing requirements are completed, the school will provide the
application/examination materials and/or forms.
- Fee
and License Renewal Schedule
- Name Change Form
|
- Alabama
- Arizona
- California
- Connecticut
- Louisiana
- Maine
- Missouri
- New Hampshire
- New York
- Ohio
- Oregon
- Rhode Island
- Washington
(as of 2/23/2010)
|
Massachusetts Approved Real Estate Schools Prelicensing and
Postlicensing Education
|
Community Colleges
Berkshire Community College
Bristol Community College
Cape Cod Community College
Massasoit Community College
Quinsigamond Community College
Roxbury Community College
|
Private Schools
Boston Realty Institute (Boston)
Celata Real Estate Academy (Revere)
Center For Real Estate Studies and Training (Auburn)
Greater New Bedford Association of Realtors (New Bedford)
Metropolitan School of Real Estate
(Somerville)
Realtor Association of Pioneer Valley, Inc.
(Springfield)
The Spencer School of Real Estate
(Newtonville)
|
Last Update: 3/1/2010
This list may not include all approved schools. Please visit the Massachusetts
Real Estate Board website for the latest list of approved
real estate schools. |
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