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Massachusetts Real Estate Salesperson License Questions and Answers 100% Pass
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RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. Difference between RE Salesperson and RE Broker? Salesperson works for a Broker. Broker has at least 3 years experience, $5,000 Bond, 40 Hour Class and pass the Exam. Cannot hold both licenses at the same time. Broker can operate independently, accept direct client payments and handle Escrow Funds.
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massachusetts real estate salesperson license
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