Understanding the Cost of Getting a Real Estate License in North Carolina

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Now, with that said...

Understanding the Cost of Getting a Real Estate License in North Carolina

If you're considering a career in real estate in North Carolina, one of your first questions is likely, "What is the cost for a real estate license?" Understanding these expenses upfront will help you budget and plan accordingly. Let's break down the typical real estate license cost so you can enter the industry fully prepared.

Pre-Licensing Course Fees
Before you can apply for your license, you must complete a state-approved pre-licensing course. In North Carolina, this 75-hour course is designed to prepare you for the state exam and teach you the fundamentals of real estate laws, ethics, and practices.

Cost Range: $425 - $575
At the Fayetteville Real Estate School, we offer comprehensive courses that prepare you for success at competitive prices.

Exam Fees
Once you’ve completed your pre-licensing education, you must pass the North Carolina real estate exam administered by PSI. The exam fee is as follows:

Exam Fee: $56 per attempt
It's crucial to invest time in exam preparation to minimize the need for multiple attempts, saving you both money and time.

Application and Background Check Fees
To obtain your North Carolina real estate license, you must submit an application to the North Carolina Real Estate Commission (NCREC). This process includes a background check.

Application Fee: $100
Background Check Fee: $15 - $45 (depending on your residence history)

Post-Licensing Education Fees
Newly licensed agents are required to complete 90 hours of post-licensing education within 18 months. These classes ensure you're equipped with the necessary knowledge to succeed in the field.

Cost Range: $200 - $300 per course (three 30-hour courses)

Continuing Education Fees
To maintain your real estate license, North Carolina agents must complete eight hours of continuing education annually:

Cost Range: $50 - $110 per year

Additional Costs to Consider
In addition to the licensing and educational fees, there are some optional yet essential costs to factor in as you start your career:

Exam Prep Materials: $50 - $100
Association Dues (e.g., NAR or local boards): $150 - $600 per year

Total Estimated Cost Breakdown
When you combine all expenses, the total cost of a realtor license in North Carolina typically falls between $1,000 - $1,500. While this investment may seem substantial, the potential for a lucrative career in real estate makes it well worth the effort.

Start Your Real Estate Career with Confidence

The Fayetteville Real Estate School is here to guide you every step of the way, offering expert-led courses, practical resources, and support to help you manage the costs of your real estate journey. Reach out to us today to get started!

By understanding the cost for a real estate license and planning your budget effectively, you'll be well-prepared to launch a successful career in North Carolina’s thriving real estate market.

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Hi, I'm Nikki Blackman

FRES Director of Education

Welcome to the world of Real Estate !

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