Your question: How much does it cost to renew your real estate license in TN?

How do I renew my real estate license in Tennessee?

To renew your Tennessee real estate license, you need to complete 16 hours of continuing education from an education provider approved by the Tennessee Real Estate Commission (TREC). You can find a full list of providers they’ve approved here. As you take your hours, make sure six of them cover TREC CORE.

How much is the Tennessee real estate exam?

The registration fee to take the Tennessee Real Estate Broker exam is $55.00 whether you take one or both parts of the exam. The re-take fee is also $55.00 whether you take one or both parts of the exam.

How do I renew my expired real estate license?

Like on-time renewals, late renewals can be done by mail or online through the Department of Real Estate’s eLicensing system. Individuals who hold a conditionally suspended salesperson license are NOT permitted to renew their licenses on a late basis.

How many times can you fail the Tennessee real estate exam?

If you fail your second attempt, there’s no need to panic. You can take the exam up to 3 times within a 12-month period.

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How much does a realtor make in Tennessee?

According to Indeed, the average base salary for a Tennessee real estate agent is $78,940. To earn the average salary, a listing agent would need to sell roughly eight properties at the current median price each year. There are several factors that affect how much an individual real estate agent will earn.

Is the tn real estate exam hard?

The real estate exam is a knowledge test. It does not test applicants on information that they will intuitively know. In other words, you must study to pass this exam. … With proper preparation, the real estate exam is not that hard.

How hard is it to pass the real estate exam in Tennessee?

To pass, you must correctly answer at least 56 of the national questions (70%) and 28 of the state questions (70%). 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%).

Can you take the Tennessee real estate exam online?

Pass the Tennessee real estate affiliate broker exam.

Once PSI receives your eligibility to sit for the exam, you may schedule your exam with PSI. Students can schedule their licensing exam online here. (855) 340-3710. You will have six months to pass your exam.

What is the salary for real estate agents?

The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.

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Which of the following is usually exempt from real estate license?

Which of the following is usually exempt from real estate licensure? Owners of real estate handling their own property, or delegating such right to an attorney -in-fact. 3. An Attorney-at-law performing normal legal duties, trustees, acting under terms of a trust, or anyone acting under the direction of the court.