No. The Tennessee Real Estate Commission does not offer a reciprocal license at this time.
What states are reciprocal with Tennessee real estate license?
No, Tennessee does not offer reciprocity with other states in regards to real estate licenses.
How do I transfer my real estate license to Tennessee?
You must send TREC this completed worksheet and a “Certified License History” from all the states where you hold or have held a real estate license to TREC.firstname.lastname@example.org. Upon review of your request, TREC will notify you of your examination requirements to obtain a Tennessee real estate license.
Do you have to be a resident of Tennessee to get a real estate license?
Real Estate License Requirements in Tennessee
Resident of Tennessee for at least 45 days prior to obtaining the license. High school graduate or hold a GED. Complete 60-Hour Basic Principles of Real Estate Course before sitting for exam. Pass state exam by scoring at least a 70%.
How long does it take to become a real estate agent in Tennessee?
All aspiring real estate professionals in the Volunteer State have to complete 90 hours of coursework, including a 60-hour real estate fundamentals course and a 30-hour course for new affiliate brokers, before they can apply for their license.
What state has the hardest real estate exam?
Colorado is regarded as the hardest state since agents need to cover 160 hours of education, pass two tests, pass a background check, and be fingerprinted. In contrast, most other states require less than 100 education hours, with the majority falling with the 40-hour requirement.
What does reciprocity mean in real estate?
Mutual Real Estate Reciprocity
Mutual reciprocity means only agents from specific states can transfer their education and experience to their target state. In these circumstances, agents from both states could benefit from the reciprocity agreement.
How much does a realtor make in Tennessee?
The average salary for a real estate agent is $86,868 per year in Tennessee.
How do I retire my TN real estate license?
In order to retire your license you must complete a TREC Form 1 and submit it to TREC along with any fees. While in retirement, you cannot participate in any real estate transactions; however, you may receive commissions from transactions completed prior to retirement.
Is an affiliate broker the same as realtor?
Principal/designated broker: Each real estate office has a principal/designated broker. … Associate broker: This real estate professional—sometimes called a broker associate, broker-salesperson, or affiliate broker—has a broker’s license but is working under a managing broker.
Can you take the Tennessee real estate exam online?
Pass the Tennessee real estate affiliate broker exam.
Students can schedule their licensing exam online here. (855) 340-3710. … This 120 question test is comprised of 2 portions, covering both state and national requirements. There will be 80 national questions and 40 state questions, with a minimum passing score of 70%.
What is an affiliate broker in Tennessee?
an affiliate broker is a licensed broker who is working as an agent and not operating his or her own office. An affiliate broker works for a broker and has a commission split with the broker.
Do real estate agents make good money?
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.
What’s the difference between a real estate agent and realtor?
Real estate agents have a professional license to help people buy, sell, and rent real estate. … A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR).
How many questions are on the real estate exam in Tennessee?
The 60-hour Basic Principles of Real Estate final exam consists of 60 multiple-choice questions. You must achieve a score of 70% or 42 questions correct.