What do you need to get a real estate license in Louisiana?

How much does it cost to get your real estate license in Louisiana?

You must have a high school diploma or equivalency, complete 150 hours of training, which includes Real Estate 201, 202, 203, and you must pass the State Exam. The license fee is $165 and the exam fee is $85.

What are the requirements for obtaining a real estate salesperson license in Louisiana?

8 Steps Toward Getting Your Louisiana Salesperson License

  • Complete 90 hours of approved Pre-Licensing education. …
  • Pass the course final exam. …
  • Fill out Salesperson License Application Part A. …
  • Pass the Louisiana Real Estate Examination. …
  • Complete the Background Check. …
  • Acquire Errors and Omissions (E&O) insurance.

How hard is the real estate exam in Louisiana?

Remember, the Louisiana real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched.

THIS IS INTERESTING:  Question: What is the property tax in Alberta?

How long is the Louisiana real estate exam?

For the broker exam: you are allowed 105 minutes for the national portion and 75 minutes for the state portion, for a total of 180 minutes. For the salesperson exam: you are allowed 105 minutes for the national portion and 75 minutes for the state portion, for a total of 180 minutes.

Is the real estate exam hard?

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.

Is real estate a good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

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

9. How many times can I take the real estate licensing exam and how long do I have to pass it? There is no set limit on the number of times that you can take the exam. However, if you do not pass both parts of the exam within 1 year from the first attempt, you must resubmit a new license application and fee.

How much does a realtor make in Louisiana?

The average salary for a real estate agent in Louisiana is around $35,860 per year.

THIS IS INTERESTING:  What house color sells the fastest?

What is the passing score for the Louisiana real estate exam?

In order to pass the exam an examinee must answer 56 out of the 80 questions correct to pass. The time limit allowed to complete the Real Estate Salesperson National Portion is 105 minutes.

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.