Application Flashcards
How many property owners do you need to know?
3
How long do you need to know the property owners for?
At least 1 month
How many photos are being requested on the application?
2 (1 full face and 1 profile “side view”)
How long do you have to know the business owner references?
5 years
Does application ask for SSN?
yes
Does the application ask you for any banking information?
Yes
How much is the application fee for a Salesperson?
$120.00
How much is the application fee for a Broker?
$150.00
How much is the application fee for a Partnership, association or Corporation?
$75.00
How much are the renewal fees?
Broker & Partnership $75.00 per year
Salesperson $60.00 per year
What is the penalty for late renewal within grace period?
100% penalty
Where does all the money go that you pay?
Real Estate License Fund