How do I start my own real estate company in Massachusetts?

How do I start my own real estate company in Massachusetts?

You must have a social security number.

  1. Complete 40 hours of approved Massachusetts Pre-Licensing education.
  2. Pass the course final exam.
  3. Gain approval from the Massachusetts Board of Registration of Real Estate Brokers and Salespersons.
  4. Pass the Massachusetts Real Estate Salesperson Examination.

Can you be your own real estate agent in Massachusetts?

real estate brokers in Massachusetts: all real estate salespeople have to work for a real estate broker. Real estate brokers can work for themselves. You have to be a real estate salesperson for at least three years before you’re eligible to become a broker.

How much does a realtor make in Massachusetts?

The average salary for a real estate agent in Massachusetts is around $58,760 per year.

Can you take the MA real estate exam online?

TL;DR: Yes, you can take the Massachusetts real estate course online. You can also take the State license test online. Click here to learn more about our online course. Starting on January 28th, 2021 you can take the real estate license exam online with PSI Exams.

What do you need to know about real estate in Massachusetts?

Handling residential real estate transactions in Massachusetts, 4th ed., MCLE, loose-leaf. Massachusetts conveyancers’ handbook with forms, by Edward C. Mendler, 4th ed., West, 2008 with supplement. Massachusetts real estate, by Robert Marzelli, 3rd ed., Lexis, 2005 with supplement.

Where can I find a real estate broker in Massachusetts?

Visit www.mass.gov/dpl/ or call (617) 727-2373. Sellers typically use the services of a real estate broker to sell their residential or commercial property. This is usually described as giving that broker a listing. The terms of the listing agreement are negotiable.

Do you want to start your own real estate business?

If you want to take the plunge and start your own successful real estate business instead of just treating real estate as a career while working for someone else, there is a lot to consider.

When does joint ownership of real estate become legal in Massachusetts?

Joint ownership of real estate in Massachusetts, Middlesex North Registry of Deeds, August 23, 2017. Concise explanation of the three types of joint ownerships. Saving the family cottage: a guide to succession planning for your cottage, cabin, camp or vacation home, Nolo, 2021.