Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

Real Estate Brokers Fees
Hello I am thinking of signing up to be real estate broker in Illinois. I would like to know what are the fees that brokers pay every year?
Most Popular Reply

Keith McMahon hit the fees on the head. I'm also a Naperville Realtor. There will also be biannual continuing Ed that's about $225. My office/tech fee is between $60-100 a month. I spend thousands a month on marketing as well. Lock boxes are about $125 a pop also will need to buy signs open house signs business cards. And you will be investing into each listing a few hundred dollars. To protect your assets it will cost you around $700 to set up an LLC.
Just a few extras that people tend to forget about.