Your real estate license in Massachusetts can fall into 3 categories.
You have to completed 12 hours of continuing education that we as real estate agents need to complete every 2 years.
You have paid your license renewal fee
$103 for Salesperson’s License
$142 for Broker’s License
You have not completed your 12 hours of continuing education
You have paid for your license renewal fee
You have not completed your 12 hours of continuing education
You did not pay your license renewal fee
When your license falls in the Active category you can receive referral fees for the referrals that you pass other Brokerages. You can receive referrals fees even if your real estate license in not associated with a brokerage. However, to receive a commission for helping a Buyer, Seller, Landlord or Tenant. Your real estate license must be associated with a Brokerage.
It is very easy to reactive an In-Active real estate license. To reactive your Massachusetts Salesperson or Broker license. You just need to complete 12 hours of continuing education and fill out License Reactivation Form.
If your Massachusetts Salesperson or Broker license falls in the Expired category. If it expired more than 2 years you will need to fill out the Request for Reinstatement Application. You will also need to complete 12 hours of continuing education.
To reactive or reinstate your real estate license it will take about 4 to 6 weeks once the Board of Registration of Real Estate Brokers and Salespersons has received all your paperwork.
The end of last year the state made it possible for us to teach the 40 hour Salesperson and Broker prelicense classes as live webinar. How exciting is that. You can take the class any where that you have high speed internet access with your computer.
As soon as we found out that we could teach the class online. We were jumping for joy. So many students were already asking us about taking the classes online.
We decided to teach our webinar salesperson prelicense students at the same time that we are teaching our live weekend classes on Sat and Sun from 8am to 6pm. We are also going to be teaching the broker prelicense class as a webinar class on Wednesday from 8am to 6pm.
To take the live webinar you will need to have:
A PC or Mac computer
High speed internet
Headphones with a microphone
To complete the class we will need to see you and be able to interact with you for the entire class. Our schedule of classes can be found on our website.
As of April 1, 2016, PSI Services LLC is the new test vendor for the Board of Registration of Real Estate Brokers and Salespersons (Board). To schedule your exam for PSI Exams you can reach PSI by calling them at (800)733-9267. The call center is open Mon through Fri 7:30 am to 10:00 pm and Sat and Sun 9:00 am to 5:30 pm.
You will need to be ready to pay for the exam the day that you make the reservations. The cost for the exam is:
Remember if you need to reschedule your exam you will need to call them 48 hours or 2 days before your test date. For example if your test date is on Wednesday. You will need to give them a call to reschedule by Sunday.
The day of the test you will need to bring with you:
Two forms of ID:
Acceptable Forms of ID:
PRIMARY IDENTIFICATION (with photo)
Government issued driver’s
U.S. Department of State Driver’s License
U.S. Learner’s Permit (plastic card only with photo and signature)
National/State/Country Identification Card
US Government Issued Passport or Passport Card
US Government Issued Military Identification Card
U.S. Government Issued Military Identification Card for spouses and dependents
US Government Issued Alien Registration Card (Green Card, Permanent Resident Visa)
NOTE: ID must contain candidate’s photo, be valid
Credit/Debit Card (must be signed)
Social Security Card
Any form of ID on the Primary list
*NOTE: Student ID and employment ID are NOT acceptable forms of identification.
Your Real Estate Licensing Examination Candidate Information Bulletin with the 3 Candidate Endorsements and the CORI form filled out and notarized. Remember they cannot be related to you to, live with you or be another student from class.
Your payment for your real estate license. Remember they do not except cash. You can pay with either a credit card or check.
Salesperson License: $103 to $150 plus $11 processing fee
Broker License: $142 to $200 plus $11 processing fee
The back of the form still lists the 5 types of agency available in Massachusetts. The front of the form has been redesigned to help make it easier for the consumer to understand the role of the agents and brokerages. The form is still NOT A CONTRACT. To clarify that matter the phrase has been added to the top of the form in bold capital letters and underlined.
They have also changed the section explaining designated agency and non-designated agency (Single Agency). If your office is a Single Agency office, the new form requires that you check off if the agents in your office are going to be representing the consumer as Buyer or Seller agents. If your office is a Designated Agency office, the new form requires that you make the consumer aware that you will be responsible for the consumer and that another agent in your office will be responsible for their Buyer or Seller.
The new form does not remove the requirement to receive permission for being a Designated or Dual agent from the Buyer and Seller. You must still receive permission either in advance with a listing agreement or in a buyer agency agreement or later using the designated agency consent form or dual agency consent form.
At the bottom of the form you will still have to sign and print your name showing that you have gone over the form with the consumer. You will still have to write down your license number. You will also have to indicate if your license is Broker or Salesperson license.
The consumer will still sign and print their name and date the form. They still have the right to decline from signing the form. In that case, you still will just check the box at the bottom of the page next to “Check here if the consumer declines to sign this notice.”
MASSACHUSETTS MANDATORY REAL ESTATE LICENSEE – CONSUMER RELATIONSHIP DISCLOSURE (click to open)
We hope you had a wonderful Thanksgiving with family and friends. Time is a gift we all wish we could receive. There just never seems to be enough time to do everything we need to do. Especially around the holidays. Even though you may be running around crazy trying to do all your shopping, decorate your home, drive the kids here or there, show buyers properties and sign listing contracts. You still need to find some time to complete your continuing education, so you can renew your license. Taking your continuing education on the go is so much easier. We thought we would spread a little cheer by offering a coupon for our 12 hours of online continuing education. Happy Holiday and best wishes for an amazing 2018.
Massachusetts Real Estate Salesperson Prelicense Requirements
This video explains all the requirements for taking the 40 hour Salesperson’s Prelicense class and taking the Prelicense Examination. People interested in getting a real estate agents license in Massachusetts should go to http://baystateacademy.net and sign up for our industry updates for more detailed information.
Real Estate agents are so dedicated to their clients. No matter what the weather predication is. We’re out there going from one appointment to the next. I remember at one of my showing a few years ago, when we had 15 feet of snow everywhere. My clients and I had to almost swim through the snow to reach the front door. The property was bank owned and no one had come by to shovel the walk way. Lucky enough it was the last home on our tour. It all worked out because they fell in love with the inside. It’s always a great feeling when you see your clients become really excited about a property. They wanted to talk a little bit more about the property and write up an offer. The inside of the house was as cold as an ice-box, so I decided to take them to a local coffee shop to warm up and relax before writing up the offer. I always remember how relaxed my clients became while sitting in the corner couch of the cafe. Not only did the cup of hot chocolate and latte help regain the feeling in our hands and feet. The warmth also helped melt away all their concerns and fears about putting the offer. With the cold weather on our heals I thought I would share a few spots that you might like to take your clients.