Cost of Getting an Idaho Real Estate License
In order to get licensed, from start to finish you’re looking at an investment between $851 to $1,051, depending on how many additional resources you purchase.
You don’t need to pay for all of that at one-time though. This expense can be spread out over the course of several months to help spread the financial burden.
You typically pay for your Idaho real estate classes up front and then when you’re ready, you would pay for your fingerprints and exam to a separate service provider (Pearson Vue). Lastly, you would pay for your real estate salesperson (agent) application fee to the Idaho Real Estate Commission.
Upfront Expenses needed to get your Idaho Real Estate License:
- Module 1 & 2 Idaho Real Estate Salesperson Education Requirement
- Online Self-Paced Classes – roughly $550 to $750
- Instructor Led Live Online Idaho Real Estate Classes – around $750
- In-Person – around $750
- Idaho Real Estate Salesperson Application Fee to the State – $160
- Fingerprint Processing Fee – $61.25
- Exam Fee – $80
- Total – $851 to $1,051
It is worth noting that in addition to the below expenses of getting your license, there is an on-going cost associated with maintaining your license and working with a brokerage to cover the cost of doing business.
Ongoing Expenses needed to keep your Idaho Real Estate License:
- Errors and Omissions Insurance (typically through your broker) ~$200/year
- Continuing Education every 2 years costing around $40 to $100
- Broker office fee (varies by broker and setup)
- MLS Membership fee (varies by MLS)
That being said, if you can sell even one property a year you should be able to easily cover the cost of maintaining your license.
In summary, to get your license you’re looking at an initial investment of $851 to $1,051 and then several hundred dollars a year to maintain it.