The fixed costs involved in getting your South Carolina real estate salesperson license include:
- License Examination Fee – $63.00
- Salesperson Exam Application Fee – $35.00 (includes $10 for credit check)
- Salesperson License Fee – $25.00 (paid after passing exam)
Full Answer
How hard is it to pass the SC real estate exam?
To pass, you must correctly answer 56 national questions and 21 state questions. The broker exam consists of 80 national questions and 35 state specific questions. To pass, you must correctly answer 60 national questions and 25 state questions.
How much does it cost to get a South Carolina real estate license?
The Total Cost of Your South Carolina Real Estate License - $678–$1,004. Between your pre-license courses and your administrative fees, it will likely cost somewhere between $678 and $1,004 in order to become licensed, with the biggest variable in cost being which real estate school you choose.
How long is real estate school in SC?
Salesperson license: You must complete the Commission approved pre-licensing Course (60 hours - Unit I Sales) then apply to take the SC Real Estate Sales examination. Before you apply for a license you will also need to complete an additional Unit II: Advanced Real Estate Principles course (30-hours).
How much is a real estate class in SC?
Pre-License Courses - $400-$600+ You can take your required real estate courses from any SCREC-approved real estate school. Your 60-hour basic course will need to be completed before your real estate exam, and your 30-hour advanced course will need to be completed before you apply for your license.
How much does a realtor make in SC?
As of Oct 25, 2022, the average annual pay for a Real Estate Agent in South Carolina is $77,662 a year.
Do Realtors make a lot of money?
Becoming a real estate agent is one way you can earn a six-figure income, even if you don't have a college degree. However, many people earn less than six figures, and most even quit their work as a real estate agent before they earn their first commission.
How many times can you take SC real estate exam?
Examination Eligibility is valid for 1 year. If you fail you may retest on an unlimited basis during the 1 year period. Each examination consists of state and national portions. You must pass both portions to apply for licensure.
How many math questions are on the SC real estate exam?
The National portion of the State exam includes 13 questions on 'real estate calculations'.
Can I get my SC real estate license online?
Pre-Licensing South Carolina Salesperson The South Carolina Real Estate Commission has approved the use of temporary e-proctoring. You can now take your course final exam online through PSI.
What does real estate school cost?
On average, real estate school costs between $100 and $900, though your costs will vary by state and school. Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.
How do you become a realtor in South Carolina?
South Carolina Real Estate License: SalespersonMeet the requirements. ... Complete an approved 60-hour South Carolina real estate salesperson prelicensing course (Unit I) - Enroll Today. ... Apply for Examination Eligibility. ... Start the 30 hours of Unit II Education - Enroll Today. ... Pass the Licensing Exam.More items...
How much does it cost to get your real estate license?
The Total Texas Real Estate License Cost - $800-$1,300 Adding all these costs together, you should expect to pay somewhere around $800 to $1,300 total to get your real estate license in Texas, with the biggest variable in cost being which real estate school you choose.
Can I get my SC real estate license online?
Pre-Licensing South Carolina Salesperson The South Carolina Real Estate Commission has approved the use of temporary e-proctoring. You can now take your course final exam online through PSI.
What does real estate school cost?
On average, real estate school costs between $100 and $900, though your costs will vary by state and school. Online real estate courses are often priced a little differently than on-campus classes, and some are available in a video-only format, which can save you money on textbooks.
How much does it cost to get your real estate license?
The Total Texas Real Estate License Cost - $800-$1,300 Adding all these costs together, you should expect to pay somewhere around $800 to $1,300 total to get your real estate license in Texas, with the biggest variable in cost being which real estate school you choose.
How many questions are on the SC real estate exam?
120 questionsSouth Carolina Real Estate Exam Questions There are 120 questions on the South Carolina real estate salesperson exam. The National portion has 80 questions and that state portion has 40 questions for a total of 120 points.
How difficult is it to become a real estate agent in South Carolina?
Passing the real estate exam in South Carolina requires time and dedication as in any other state, and if you work hard enough in your career, you...
What is the South Carolina Real Estate Commission?
The Real Estate Commission regulates Real Estate Brokers, Salespersons and Property Managers across the State of South Carolina. SC LLR oversees th...
Is a real estate license from another state valid in South Carolina?
SCREC recognizes the qualifications of licensees of other jurisdictions from the US. However, a licensee from another state must still apply for an...
What do the prelicensing education courses cover?
The South Carolina Real Estate Salesperson Prelicensing Curriculum, known as “Unit I,” comprises the following Sections: Real Property Governmental...
Is a college degree necessary?
Currently, only a high school diploma is required to be eligible to earn a real estate license in South Carolina. There are no college degree requi...
How many times can I take the South Carolina real estate license exam?
There are 120 questions in total on the South Carolina real estate exam – 80 of the national and 40 of the state section. To pass the exam, you nee...
What areas are covered under the South Carolina real estate license exam?
The national portion of the licensure exam is the same in all states and contains the following areas: Property ownership Land use controls and reg...
How many people pass the South Carolina real estate examination?
South Carolina Real Estate Commission doesn’t release any official pass rates for its real estate examination. However, according to unofficial sou...
How do I find a qualified real estate brokerage?
Finding a real estate brokerage to sponsor you as a recent licensee isn’t very difficult, as most brokerages are “qualified” to sponsor you. It’s...
How much do real estate agents make in South Carolina?
According to the Bureau of Labor Statistics, South Carolina real estate agents earned a mean wage of $48,560 in 2019 (equivalent to $23.34 per hour). Agents in the 90th percentile are earning nearly $80,000 annually.
How many hours do you need to take the real estate exam in South Carolina?
The South Carolina Labor Licensing Regulation (LLR) requires that all real estate salespeople complete two courses: A 60-hour Principles and Practices Course (commonly referred to as the Unit I course). You must pass this course before you can apply to take your South Carolina real estate exam. A 30-hour Advanced Real Estate Principles Course ...
How much does it cost to take online courses?
Generally speaking, you should expect to pay around $500–$700 for the required courses. Online courses are usually more cost-effective than on-campus courses. And you can take advantage of deals that combine both required courses into one bundle to keep your costs on the low end.
How long is the real estate unit 2?
A 30-hour Advanced Real Estate Principles Course (commonly called the Unit II course). You can wait until after you pass your real estate exam to take this course, but you must pass this course before you can apply for your real estate license. You must take your pre-license courses from a state-approved provider.
When do you get paid when you sell your home?
And you only get paid when the deal closes. So even if you sell a home your first week, you won’t get paid until the end of the 30–60 day escrow period. Try to save money while you’re working toward your license so you’ll have some savings to help cover those expenses as you get started.
Are There Any Other Costs?
Getting your South Carolina real estate license is one thing. Building your real estate business is another.
How much does it cost to become a real estate agent in South Carolina?
With all these costs added together, you should expect to pay somewhere around $580 to $780 in total to become a real estate agent in South Carolina. Add a couple hundred dollars more if you feel you need on-campus real estate classes.
How many hours of real estate classes are required?
You can take your required real estate courses from any SCREC-approved real estate school. Your 60-hour basic course will need to be completed before your real estate exam, and your 30-hour advanced course will need to be completed before you apply for your license. Make sure your budget includes both courses.
How much does a proctor charge for a state exam?
If you only need to retake the state portion, the exam proctor charges just $55.
Is real estate a bargain?
When you consider the fact that real estate allows you to be your own boss, work a flexible schedule, and enjoy unlimited income potential, this investment in your new career is a bargain. You can get started today for just the cost of your real estate education, and save for the other expenses as you study.
Is real estate education worth it in South Carolina?
Your real estate education will be the biggest expense on your way to becoming a real estate agent in South Carolina. But your courses are well worth the money since they’ll provide the educational foundation for your new career.
Do you have to invest in real estate?
Most careers that offer the respectability and income potential of real estate require a substantial upfront investment . These other career paths require expensive degrees or require you to pay the expenses of launching a company out-of-pocket.
How long does real estate license take in South Carolina?
The most time-consuming part of the real estate licensing process in South Carolina is the licensing courses. The first part, Unit I lasts for 60 hours and is usually finished in about two months, depending on your availability and concentration.
How many questions are asked in the real estate exam in South Carolina?
There are 120 questions in total on the South Carolina real estate exam – 80 of the national and 40 of the state section. To pass the exam, you need to answer 75% of the questions correctly – 56 of the national and 28 of the state section.
What is a broker in real estate?
A broker is an experienced real estate salesperson who heads a brokerage. The broker of course has taken higher level courses and has a wider range of experience than the regular agent. A brokerage is a company of real estate salespeople headed by a broker.
How much does it cost to evaluate a unit 2?
In addition to these fees, the Unit II course developer must submit two – 20 item examinations with each course. There is a fee of $100.00 to evaluate each Unit II Module.
What is the average salary of a real estate agent?
The average annual wage of real estate agents is $59,100, while the best agents in this area can earn $152,650 or more; one of the highest salaries in all US.
Do you need to send in fingerprints for SCREC?
After you’ve applied for the exams, you must send in your fingerprints for a background check. You will receive instructions on obtaining the fingerprint checks after SCREC has received the application. Since 2020, SCREC has required you to get background clearance from both the State Law Enforcement Division and the Federal Bureau of Investigations.
Does SCREC recognize real estate licenses?
SCREC recognizes the qualifications of licensees of other jurisdictions from the US. However, a licensee from another state must still apply for and take the South Carolina portion of the real estate examination.
