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States issue licenses for an annual or multi-year period and require real estate agents and brokers to complete continuing education prior to renewing their licenses. For example, California licensees must complete 45 hours of continuing education every 4 years in topics such as agency, trust fund handling, consumer protection , fair housing ...
Additionally, to maintain a real estate license, states require a continuing education program to be completed by licensees typically every two years. Each state has their own timeline requirements. Through a complicated arrangement, the National Association of Realtors (NAR), a trade and lobbying group for agents and brokers, sets policies for ...
Pennsylvania Civil Service Commission; Pennsylvania Commission on Crime and Delinquency; Pennsylvania Fish and Boat Commission; Pennsylvania Game Commission; Pennsylvania Gaming Control Board; Pennsylvania Governor’s Commission on Children & Families; Pennsylvania Governor's Advisory Commission on African American Affairs
Real estate brokerages may get a cut of the commission as well. The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from ...
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Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
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