Licensing facts · 2026
How much does a Maryland real estate license cost?
Original salesperson license $98 (effective 4/27/2026) includes $20 Guaranty Fund (license_fee already includes recovery_fund_fee - do not double count). PSI exam $44 per registration (bulletin updated 8/15/2024). No fingerprint requirement found on MREC pages. E&O not state-mandated. Broker: 3 consecutive yrs active licensed practice + 135-hr course; broker original fee $211. Transfer-tax payer: state tax customarily split buyer/seller except first-time-buyer case; county taxes vary - rate_per_1000 is state portion only. No published pass rates found. One Stop portal estimates ~5 days for license approval.
- License fee
- $98.00
- Exam fee
- $44.00
- Fingerprint fee
- Not available
- Estimated total low
- $350.00
- Estimated total high
- $800.00
Sources
- https://labor.maryland.gov/license/mrec/mrecaff.shtml
- https://dllr.state.md.us/forms/mrec-origsalespersonlicense.pdf
- https://test-takers.psiexams.com/api/content/bulletin/529
- https://test-takers.psiexams.com/api/content/bulletin/528
- https://labor.maryland.gov/license/mrec/mrecexam.shtml
- https://mgaleg.maryland.gov/2026RS/Statute_Web/gtp/13-203.pdf
- https://realestateu.com/real-estate/guides/maryland-real-estate-license-cost
Last verified: 2026-10-23