Dick McLeod

Contact Info:
Office: Central
Main Office: 502-456-2812
Mobile: 502-939-1459

EMAIL: DMcLeod@semonin.com
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Featured Property

2000 LANCASHIRE AVE
LOUISVILLE, KY 40205
$325,000
2 Beds
2 Full Baths / 0 Half Bath
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How much will it cost to get started?

Beginning a new career requires an investment in time and money.  Here are some answers to the question:  How much will it cost to get started?

Indiana Realtor and Kentucky Realtor Start-up Cost You will need to spend money to learn the licensing laws and real estate rules of each state.  After your pre-licensing is complete, you will spend more career investment dollars on examinations.  Once licensed by the state, you will pay license fees, insurance and Realtor Association dues.  Finally when you affiliate with Semonin you will incur some nominal start-up charges.

The chart below will help you identify your first year start-up cost for a new real estate career in Indiana or Kentucky.

KENTUCKY REALTOR - START UP INVESTMENT   INDIANA REALTOR - START UP INVESTMENT Pre-License Course    96 hours required $695.00 Pre-License Course    54 hours required $395.00       KY Real Estate Commission    Exam Fee    Initial Licensing Fee    Annual License Renewal $75.00 $55.00 $50.00 IN Real Estate Commission    Exam Fee    Annual License Renewal $57.00 $35.00       Greater Louisville Assoc. Realtors    Dues (GLAR, KAR, NAR) *    Application fee     Supra Key (lockbox) ** $660.00 $350.00 $130.25     Heart of KY Assoc. of Realtors    Dues (HKAR, KAR, NAR)    Application fee    Supra Key (lockbox) $000.00 $000.00 $000.00 * Prorated based upon starting month ** Prorated plus $50 initial fee plus $25 yearly insurance fee So. Indiana Realtors Assoc.    Dues (SIRA, IAR, NAR)    Multiple Listing Service    Application Fee MLS    Application Fee IAR and SIRA    NAR Publice Awareness    Supra Key Deposit (lockbox)    Annual Supra Key (lockbox) $330.00 $750.00 $62.50 $100.00 $20.00 $100.00 $110.00       Semonin Realtors    Error & Omissions Insur. *    Legal Defense Fund **    Semonin Start-up Package *** $142.71 $60.00 $175.00 * Prorated ** Biannual fee *** One time fee Semonin Realtors    Errors and Omissions Insur. *    Legal Defense Fund **    Semonin Start-up Package *** $159.57 $60.00 $175.00 * Prorated ** Biannual fee *** One time fee       Total Start-up Invest. GLAR Total Start-up Invest. HKAR $2417.96 $0000.00 Note:  This is an estimate.  Total investment may be higher. Total Start-up Invest. SIRA $2354.07 Note:  This is an estimate.  Total investment may be higher.

Abbreviations:    KREC - Kentucky Real Estate Commission    IRC - Indiana Real Estate Commission    GLAR - Greater Louisville Association of Realtors    HKAR - Heart of Kentucky Association of Realtors    SIRA - Southern Indiana Association of Realtors    NAR - National Association of Realtors    KAR - Kentucky Association of Realtors    IAR - Indiana Association of Realtors      Supra Key - Entry system used to hold house keys for agent entry into houses for sale