What is the Cost -
Illinois Quad Cities
Below are some of the start up costs associated with beginning a career in real estate in
the Illinois Quad Cities.
Pre-License Costs:
| 45-hour Pre-License Course (Varies) |
|
$295 |
| Examination Fee |
|
$45 |
| License Application Fee |
|
$125 |
| Errors & Omissions liability insurance (required by state) |
|
$140 |
Post-License Costs:
Fees to the following Professional Associations are prorated, depending on the time of the year you join the board. Annual fees:
| Application to Quad City Area Realtors Association (one time) |
|
$600 |
| National Dues (prorated) |
|
$115 |
| State Dues (prorated) |
|
$149 |
| Local Dues (prorated) |
|
$190 |
| Multiple Listing Service (prorated) |
|
$480 |
| Lockbox (for accessing listed properties-prorated) |
|
$200 |
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Office & Business/Personal Promotion Costs:
To include items such as business cards, sign riders, appointment book, tape measure and other items to conduct business (varies) approximate - $150
It is recommended that you budget 10%-15% of what you want to earn to invest back into personally promoting you and your business.
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