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Real Estate Agent

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319
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Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
153
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319
Posts

Broker License In Multiple States

Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
Posted Jul 22 2014, 13:58

Hello BP community. I had a quick question I wanted to ask and see if anyone could shed some light on the topic. I recently finished my IL brokers licensing course, and will be taking the state exam to get licensed in about 2 weeks. Towards the end of next year I will be moving my family to Michigan. The question I wanted to ask is what are the fees associated with holding your license on an annual basis in IL and in MI? I know if I am closing deals on a regular basis then it will pay for itself, but I just wanted to have a better understanding of what the financial requirements would be to hold multiple licenses. If anyone can provide information I would greatly appreciate it. Thanks in advance.