How often do you have to renew your real estate license in Utah?
Licenses are required to complete 18 hours of Continuing education every 2 years in order to renew their license. Those that are newly licensed must complete a 12 hour “New Agent” core course. Every renewal thereafter, real estate agents and brokers must complete 9 hours of Core courses and 9 hours of Elective courses.
How much does a new real estate agent make in Utah?
The average salary of real estate agents in Utah is about $74,794 / year with potential to make six figures. Once you have a Utah real estate license, income potential will depend on the number of transactions completed, the commission paid to the brokerage, and how much is split with the sponsoring broker.
Is the Utah Real Estate exam hard?
After you complete Real Estate school, in order to be eligible for a license, you need to take the exam. You can find out more about it here. Often times we’re asked if it is difficult to pass the test. The answer is no, it’s not difficult as long as you’re prepared!
Is the Utah real estate exam open book?
The national portion of the Utah Real Estate broker exam is comprised of 80 questions. In order to pass the exam an examinee must answer 60 out of the 80 questions correctly to pass (75% correct). … The Utah Real Estate Broker exams are taken by computer. The exam is closed book.
How many times can you take the Utah real estate exam?
There is no limit to the number of times that you can attempt the exam. You have one year from the time you complete your pre-license course work to pass the exam and apply for your license. If you don’t pass the first time be sure to sign up again as soon as possible, the exam schedule does fill up.
Is the Utah real estate exam multiple choice?
Yes. In general, you should expect 60-80 state-specific multiple choice questions, and around 80-100 multiple choice questions on general real estate concepts. The test is usually given in two sections and candidates are expected to pass both sections. You will have between 2-4 hours to complete your exam.
What is Realtor salary?
REALTOR median yearly income is around $49,700. REALTORS with 16 years of experience or more averaged nearly $86,500 per year. 27% of REALTORS earned more than $100,000 per year.
How long does it take to get a real estate license?
On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.
How do I get my real estate license in Utah?
4 Steps To Get Your Utah Sales Agent License
- Complete 120 hours of approved Pre-Licensing education. Successfully complete 120 clock-hours of approved Pre-Licensing sales agent education. …
- Pass the course final exam. …
- Pass the Utah real estate sales agent exam. …
- Complete application.