Hey,
I’m dealing with student debt, and most of my paychecks go toward it. I work full-time, and although my brokerage will reimburse some costs, everything will still total over $1000. I have a 529 plan, but I do not think it will cover this. The local community college does not offer a relevant course, and my brokerage recommended an online school, which seems like the best option since I work full-time. How did you pay for your education? Did you have to save up? I’m on the IA/IL border and need licenses for both states. In my area, some people even get licensed in WI.
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The real cost was after getting licenced, which is when the MLS, lockbox, NAR, etc. all want their money. I believe the online classes were about $260 and the exam was about $60. I paid the quarterly fees after that with the money I made from my first job.
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Wow, really? I have been licensed for a month (Indiana), and the course alone cost $500. The exam was around $60, and shortly after, I spent about $1200 on associations. For context, we have a dual-income household and have been saving money not just for these expenses but also for 5-6 months of my previous salary, as starting as a new agent can be challenging.
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Wow, I got licensed years ago, and the classes cost about $1350, plus additional fees for the state application and the test. Now, my new agents are paying closer to $1600 for the classes alone.