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D83ddcca The data: We surveyed local agents and found that the average real estate commission in Washington is 5.20%, which is less than the national average of 5.49%. That means, to sell an average Washington house worth $606,600 you'll pay about $31,500 in realtor fees.
According to a 2018 survey by McKissock, the average first-year real estate agent earns approximately $15,000. This goes up to $38,141 between years one and three.
The fixed costs associated with obtaining a Washington state real estate broker's license include: $138.25 broker licensing examination fee. $42.80 fingerprint and background check fees. $146.25 broker license and application fee.
The five steps to becoming a Washington real estate agent are as follows:Step 1: Be at Least 18 Years of Age.Step 2: Complete Your Required Education.Step 3: Take the Washington Broker's Exam.Step 4: Have Your Fingerprints Taken.Step 5: Apply For Your State License.
Complete 90 hours of Pre-Licensing requirements, which includes a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices. Pass the Washington state real estate broker's licensing exam. Have your fingerprints taken for a background check.
You can be your own registered agent in California, but you'll have to list your name and address in the public record. Many business owners don't want the hassle that comes with this (unsolicited phone calls, junk mail offers, etc.). Hiring a registered agent keeps your information out of the public record.
The average salary for a realtor is $108,642 per year in Seattle, WA. 45 salaries reported, updated at April 26, 2022.
General Licensing Requirements If you want to buy or sell property, you must have an active real estate license from the Washington Department of Licensing. To qualify for a Washington broker's license, you must: Be at least 18 years old. Have a high school diploma or equivalent.
According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.
According to Indeed.com, the average salary for a Washington REALTOR® is $84,459. That wage is about 36% above the national average for all American job salaries!