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How Much Does it Cost to Become a Real Estate Agent?

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With US housing market prices resembling a bubble, now could be a great time to consider a career change and become a real estate agent.

Unless you have been living under a rock lately, you probably know that real estate is hot right now. Homes around the country are routinely selling for 20% or more over asking.

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Real estate agents are raking in the money, and maybe you want a part of that?

The Costs to Become a Real Estate Agent

Agents that work 60+ hours could make more than $170K a year in some locations. Real estate brokers earn more, but let’s hold that thought.

What Real Estate Agents Do

Agents help people buy and sell properties. Agents representing the seller will officially list the property for sale within the Multiple Listing Service, or MLS.

They may take pictures of the property to include in the listing, suggest improvements to boost the home’s value, stage the house and help the owner determine a good selling price.

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