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How To Get Your Real Estate License In Tennessee? (Question)

How Do I Get My Tennessee Real Estate License?

  1. Step 1: Be at Least 18 Years of Age.
  2. Step 2: Complete the Tennessee 60-Hour Real Estate Principles Course.
  3. Step 3: Register and Take the Tennessee Affiliate Broker Licensing Exam.
  4. Step 4: Complete the Tennessee 30-Hour Course for New Affiliates.
  5. Step 5: Apply for Your License.

What are the requirements to get a real estate license?

  • To be eligible to become a licensed real estate salesperson or agent, you must: Be at least 18 or 19 years old (depends on the state) Have legal US residency. Complete your required prelicense education (find your state’s requirements) Pass your state real estate license examination.

How much does a realtor make in Tennessee?

The average salary for a real estate agent in Tennessee is around $51,100 per year.

Can I get my TN real estate license online?

Learning online is flexible, and affordable. You have more time to complete the coursework, study, and prepare for your exam rather than worrying about getting to class on time. Further information about the details of earning your Tennessee real estate license online is available on our FAQ page.

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Is it worth it to get a realtor license?

Getting licensed takes both time and money – not something every new investor has. If you can use your real estate license for deals, networking or to save or earn more money, it is worth the investment. Of course, you can always work with licensed people, but sometimes having your own avoids a lot of hassle.

How much do Starter real estate agents make?

According to a 2018 survey by McKissock, the average first-year real estate agent earns approximately $15,000. This goes up to $38,141 between years one and three.

What does real estate school cost?

On average, real estate school costs between $100 and $900, though your costs will vary by state and school. What is this? Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.

How hard is the real estate exam?

Real estate exams are designed to be difficult to pass, so they can weed out people who are not going to be skilled agents. Though the pass rate varies based on the state exam, they hover around 50% across the country. This means only about half of the people who take a state licensing exam pass.

How long does it take to get real estate license in TN?

After completing a review of education and experience documentation, the Tennessee Real Estate Commission will inform candidates of eligibility for examination. The approval process takes approximately four (4) weeks to complete. Candidates may make an examination reservation after they have been approved.

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Do you need real estate license to flip houses?

You don’t need your real estate license to become a house flipper but it’s a good idea to get your real estate license because it will open up more opportunities for you throughout the process.

Is real estate a good career in 2021?

Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.

What is the difference between a realtor and a real estate agent?

Real estate agents have a professional license to help people buy, sell, and rent real estate. A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.

How many times can you take the TN real estate exam?

The passing score for one section of an examination is valid for two (2) retakes of the failed section or six (6) months, whichever comes first. The examination fee will be forfeited if the candidate does not test within six (6) months of the date their exam fee is received by PSI.

Is the TN real estate exam multiple choice?

Test Content: The Tennessee state real estate licensing exam is comprised of two separate portions, the national portion and the state-specific portion. Both tests are comprised of multiple choice questions with four answer choices provided for each question.

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What is the TN real estate exam like?

The affiliate broker exam consists of 80 national questions and 40 state -specific questions. The broker exam consists of 80 national questions and 50 state-specific questions. To pass, you must correctly answer at least 60 of the national questions (75%) and 38 of the state questions (75%).

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