- According to Indeed.com, the average salary for a D.C. Metro area REALTOR® is $80,659.
- That wage number is about 30% above the national average for all American job salaries!
Besides, How long does it take to become a real estate agent in DC? If you are not licensed in any state as a real estate salesperson, you must complete a DC Real Estate Commission-approved 60-hour Pre-Licensing course on real estate fundamentals and laws. After completing the coursework, you must successfully pass the DC real estate licensing salesperson examination.
What is real estate commission in DC?
General Information. The District of Columbia Real Estate Commission regulates the licenses of professional real estate agents and protects consumers by upholding the District of Columbia real estate license law. The Commission consists of nine members appointed by the Mayor.
How much do top Realtors make? Each real estate office sets its own standards for top producers, but it’s safe to say that a top producer would have to sell at least one home per month to qualify. Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.
Hence, How much do commercial real estate agents make in DC? Salary Ranges for Commercial Real Estate Agents in Washington, DC. The salaries of Commercial Real Estate Agents in Washington, DC range from $93,120 to $544,054 , with a median salary of $247,181 . The middle 57% of Commercial Real Estate Agents makes between $247,181 and $345,545, with the top 86% making $544,054.
Do you need a license to be a property manager in DC?
While a property manager in DC isn’t required to have a broker’s license, which some real estate agents have, they are required to have a property managers license.
How do I schedule a DC real estate exam?
Schedule the DC real estate licensing examination by visiting www.psiexams.com or call PSI at (855) 557-0616. Be sure to request either Broker or Salesperson state exam only.
How do I get my real estate license reciprocity in DC?
How to Get Your DC Real Estate License through Reciprocity. To begin the reciprocity process for DC, REALTORS® must take DC’s three-hour fair housing course, obtain an original DPOR Letter of Certification from the board(s), and take the DC licensing law exam.
How much does real estate agents make?
How Much Do Real Estate Agents Make At Most? According to the Bureau of Labor Statistics, U.S. real estate agents will earn a median income of $56,000 per year in 2020. It cost about $49,000 according to the figures.
How do I get a DC real estate license reciprocity?
How to Get Your DC Real Estate License through Reciprocity. To begin the reciprocity process for DC, REALTORS® must take DC’s three-hour fair housing course, obtain an original DPOR Letter of Certification from the board(s), and take the DC licensing law exam.
How long can a real estate license be inactive in DC?
Subject to § 2612.4 of this section, a licensee may remain on inactive status for a period not to exceed five (5) consecutive years.
