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How to Become a Real Estate Agent in Las Vegas: A Complete Guide

November 28, 2024
in Real Estate & Housing
Reading Time: 7 mins read
0
Home Real Estate & Housing

Becoming a real estate agent in Las Vegas is an exciting career path filled with opportunities. This guide provides everything you need to know to start your journey in one of the most dynamic housing markets in the country.

Why Choose Las Vegas for Your Real Estate Career?

Las Vegas is one of the fastest-growing cities in the U.S., offering a diverse real estate market. From luxury high-rises to suburban homes, the city is perfect for real estate professionals looking to tap into a thriving industry.

Step 1: Enroll in a Pre-Licensing Course

To become a licensed real estate agent in Nevada, you must complete 120 hours of pre-licensing education. This includes:

  • 45 hours of Real Estate Principles
  • 45 hours of Real Estate Law (18 hours specific to Nevada law)
  • 15 hours of Contracts
  • 15 hours of Agency

Choosing the Right School

Key Realty School is one of the best options for pre-licensing education. Their online program is self-paced and includes all materials needed to pass the course.

  • Cost: $199
  • Mode: Online, self-paced
  • Includes: E-books, digital flashcards, test prep, and school completion exam

Step 2: Pass the Course and Obtain Your Certificate

Once you complete the course, you’ll receive a certificate of completion. This is required to register for the state licensing exam.

Step 3: Pass the Nevada Real Estate Licensing Exam

The Nevada licensing exam consists of a national portion and a Nevada-specific portion.

  • Exam Fee: $100 per attempt
  • Preparation: Key Realty School offers practice exams and study resources

Step 4: Submit Fingerprints and Complete a Background Check

As part of the licensing process, Nevada requires a background check and fingerprinting.

  • Fingerprinting Fee: Approximately $40.25

Step 5: Apply for Your Real Estate License

After passing the state exam, submit your license application to the Nevada Real Estate Division.

  • License Application Fee: $140

Step 6: Affiliate with a Brokerage

To start practicing as a real estate agent, you’ll need to hang your license with a brokerage. Here are a few options:

  • Metropolitan Realty & Management: $100 annually, 100% commission, $795 transaction fee
  • Realty 360: No monthly fee, $360 flat transaction fee
  • Key Realty: Flat annual fee, 100% commissions, no transaction fees

How Long Does It Take?

  • Pre-Licensing Course: 3-6 weeks
  • Exam Scheduling: 1-2 weeks
  • License Processing: A few weeks

Total Costs

Here’s an estimate of the total cost to become a licensed real estate agent in Las Vegas:

  • Pre-Licensing Course: $199
  • State Exam Fee: $100
  • Fingerprinting Fee: $40.25
  • License Application Fee: $140
  • Brokerage Fees: Starting at $100 annually

Total Estimated Cost: $479.25

Is It Worth It?

Absolutely! Real estate offers flexibility, unlimited earning potential, and the opportunity to grow your career in a thriving market like Las Vegas.

Ready to Start Your Journey?

If you’re ready to begin, enroll in a pre-licensing course today. With the right education and dedication, you’ll be well on your way to a successful career in real Real estate.

Approved Schools Offering Pre-Licensing Courses

  • Key Realty School
    • Location: 3320 E. Flamingo Rd, Las Vegas, NV 89121
    • Contact: (702) 313-7000
    • Website: keyrealtyschool.com
    • Details: Offers in-person and online classes for the 120-hour pre-licensing requirement.
  • Real Estate School of Nevada
    • Location: 2080 E. Flamingo Rd., Ste. 101, Las Vegas, NV 89119
    • Contact: (702) 454-1936
    • Website: realtyschool.com
    • Details: Provides comprehensive pre-licensing courses with flexible schedules.
  • Nevada Real Estate Academy
    • Location: 3185 St. Rose Parkway, Suite 100, Henderson, NV 89052
    • Contact: (702) 796-7777
    • Website: myreeducation.com
    • Details: Offers day and evening classes to fulfill the 120-hour requirement.
  • Las Vegas Real Estate Training Center
    • Location: 9420 W. Sahara Ave., Suite 100, Las Vegas, NV 89117
    • Contact: (702) 212-2222
    • Website: lvretc.com
    • Details: Provides online courses tailored to meet Nevada’s licensing requirements.

Finding a Brokerage to “Hang” Your License

After completing the pre-licensing education and passing the state exam, you’ll need to affiliate with a brokerage to “hang” your license. Some brokerages in Las Vegas offer low-cost options:

  • Metropolitan Realty & Management
    • Annual Fee: $100
    • Details: Offers 100% commission on new home sales with a $795 transaction fee. No desk, tech, or junk fees.
  • Realty 360
    • Monthly Fee: $0
    • Details: Provides 100% commission with a flat transaction fee of $360, including all services.
  • Key Realty
    • Annual Fee: Flat fee option available
    • Details: Offers an all-inclusive annual fee allowing agents to receive 100% commissions with no transaction fees.
  • Realty 220
    • Details: A 100% commission brokerage with various plans, including options with no monthly fees.

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