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Did your licensing fees increase in your state? This is getting out of Hand!

By
Real Estate Agent with Home Real Estate

In the supreme wisdom of those at the Real Estate commission in Colorado and because of the significant decline of real estate agents in this state. The state decided they would double and triple our licensing fees to make up the difference. I wonder if there was any thought of maybe laying some of the people who worked at the commision. It seems reasonable to me that since there are significantly less agents and that there would be less people to keep track of and then less work, right?

When will "The People" say enough is enough and demand that government reign in its spending. The private sector is making cuts, but the public sector is not and actually they are increasing costs and staff.

Leave a comment with your thoughts on this matter and what you pay in your state. I think it will keep things in perspective for all of us.

The Real Estate Commission
does not accept credit cards or cash. Checks and money orders are accepted.

Broker Renewal: The Colorado Division of Real Estate has adopted a new staggered renewal process. Beginning with the 2005 renewal period, your new license expiration date will be based on the date that you were originally issued your license.

A re-activation fee of $50 is required in addition to your reinstatement fee.

<!-- <tr> <td><font face="Arial, Helvetica, sans-serif" size="2">Reinstate within 31 days of expiration </font></td> <td><font face="Arial, Helvetica, sans-serif" size="2">$84.00 </font></td> </tr> -->
Broker Fees:
Effective 11/15/09
Broker Application $500.00
Broker Transfer/Upgrade/Activation $50.00
Temporary Broker Application $1000.00
Base Rate Renewal $195.00
Corporate, Partnership, LLC Application $1000.00
Broker Examination Fee $71.00
Broker License Histories $15.00

Subdivision Fees:
Subdivision Application $4000.00
Subdivision Supplemental Application $1000.00
Subdivision Renewal (1 year) $287

Broker Reinstatement Fees:
Reinstate within 32 days to 1 year $292.50
Reinstate within 2 to 3 years $390.00
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

As i am a salesperson and not a broker i pay 57 per month in MLS fees and a whopping close to 700.00 in dues each year. It sucks.

Mar 01, 2010 03:41 AM
Ray Perry
CENTURY 21 The Neil Company Real Estate - Roseburg, OR
Realtor, CRS, GRI, e-PRO

Our fees in California doubled.  Talk about kicking an industry whien it's down. 

Mar 02, 2010 06:35 AM