YOURĀ Investment

The Cost of Starting A Real Estate Careercost of doing real estate

 

Cost of Doing Business

Real Estate is one of the least expensive business you can start, but there are still costs. Ā Coldwell Banker Elite provides countless resources to help you be a success, but the basic expenses of getting started are the responsibility of the real estate professional.

Below is a summary list of the expenses that each agent incurs when beginning their career. Ā This is an estimated list of the minimum services an agent in Virginia must procure in order to begin.

Real Estate Licensing Course

  • ApproximatelyĀ $379

PSI State and National Testing

  • Testing – $60

License Activation at theĀ Virginia Department of Occupational and Professional Regulation

  • License Activation-Ā $170

REALTORĀ® AssociationĀ (Required within 30 days of affiliation)

Sentrilock Lockbox System

  • Service – $150
  • New Activation – $75
  • Total – $225

MRIS Multiple Listing Service (Required within 30 days of affiliation)

  • New Subscription Fee – $250
  • Quarterly Fees – $119
  • Total – $369

Errors and Omission Insurance (Provided by Broker)

  • $300-$600 (CBE’s is only $300 / year)

For more information please feel free to reach out to our professional development staff. Ā You can email us atĀ careers@coldwellbankerelite.com

JOIN THEĀ ELITE TEAM

Interested in a career in Real Estate and joining the Elite Team? Fill out the form below and our Director of Business Development will get back to you shortly.

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