Kentucky requires six real estate credit hours from accredited universities or 96 classroom hours in a proprietary school. You can then take the Kentucky Sales Associate exam. These exams include important real estate information, including proper sales procedures and property laws.
How much does it cost to become a real estate agent in Kentucky?
Here are the costs associated with obtaining your Kentucky real estate salesperson license. State Exam Fee: $100. License Application Fee: $130. Total Cost: $664.25.
How hard is it to get your real estate license in KY?
How long does it take to get a Kentucky real estate license? The two most time-consuming factors to getting your license include completing the FBI criminal background check and completing the Pre-Licensing education requirement. The background check takes 12 to 16 weeks to complete.
What disqualifies you from being a real estate agent in Kentucky?
The Commission is required to investigate the application of an individual who has had a felony conviction within the previous ten (10) years or a misdemeanor conviction within the previous five (5) year, and may investigate any other charges or convictions, or any other evidence of dishonesty, untruthfulness, or bad
What is the average income of a realtor in Kentucky?
On average, real estate agents make $84,459 per year according to salaries reported by Indeed users.
How much does it cost to get your real estate license in Kentucky?
Here are the costs associated with obtaining your Kentucky real estate salesperson license. State Exam Fee: $100. License Application Fee: $130. Total Cost: $664.25.
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— SoldbyKKehoe (@SoldbyKKehoe) December 3, 2021
How much does the average realtor make in KY?
First Year Real Estate Agent Salary in Kentucky
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $104,868 | $50 |
| 75th Percentile | $83,900 | $40 |
| Average | $72,435 | $35 |
| 25th Percentile | $54,500 | $26 |
Frequently Asked Questions
How long is real estate school in Kentucky?
Applicants for a sales associate license must complete ninety-six (96) hours of Commission-approved pre-license instruction or six (6) academic credit hours in real estate courses at an accredited college or university.
How long does it take to become a real estate broker in Kentucky?
Education: Twenty-one (21) credit hours with twelve (12) in real estate from an accredited college with three (3) credit hours in Brokerage Management or three hundred thirty-six (336) classroom hours in real estate from an approved proprietary school with forty-eight (48) in Brokerage Management.
How hard is the Ky real estate exam?
The passing rate for the Kentucky Real Estate Salesperson Exam is 75%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously.
FAQ
- How much can I make as a realtor in Kentucky?
- First Year Real Estate Agent Salary in Kentucky
Annual Salary Hourly Wage Top Earners $104,868 $50 75th Percentile $83,900 $40 Average $72,435 $35 25th Percentile $54,500 $26 - What states have reciprocity with Kentucky real estate?
- Our 100% online KY Reciprocal Licensing Course is the first approved course by the Kentucky Real Estate Commission to cover the full 40-hour requirement for obtaining a reciprocal real estate license in the state of Kentucky with an active Sales Associate or Broker's license in Ohio, Tennessee, Florida, or West
- Is Kentucky good for real estate?
- Comparison with National Average The Bluegrass State offers real estate investors distinct advantages when compared to the national average. Kentucky's median home prices and median home values remain significantly lower than the national average, creating more affordable entry points for investors.
What dou need to be a real estate agent in ky
| How to become a broker? | Here is a six-step guide on how to become a broker:
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| Do you need a college degree to become a real estate agent in Kentucky? | Meet the Legal Requirements for Your Kentucky Real Estate License. The state of Kentucky requires all candidates wishing to become a real estate agent be at least 18 years of age, possess a high school diploma or GED, and be a lawfully admitted resident or U.S. citizen. |
| How many times can you take KY real estate exam? | In fact, you can take it as many times as you want but keep in mind you must pay the exam fee on each additional attempt. Good news, though, you only have to retake the portion of the exam – national or state law – you failed. You have four (4) months for the retake. After that, both portions must be retaken. |
- How much does it cost to become a realtor in KY?
- Here are the costs associated with obtaining your Kentucky real estate salesperson license. State Exam Fee: $100. License Application Fee: $130. Total Cost: $664.25.
- How long does it take to make money as a broker?
- While that sounds like a wonderful life of leisure, it usually takes successful brokers five to 10 years to get to that level. The first few years can be especially grueling. During this time, the vast majority of a stockbroker's energy is put into finding new clients with assets to invest.
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