Board of Registration of Real Estate Brokers and Salespersons School Bond
This bond is required for anyone operating a real estate school in Massachusetts that trains future real estate agents and brokers. The state requires this $20,000 bond to protect students and the public if the school fails to meet its obligations, such as providing the promised education, operating dishonestly, or cl…
Overview
What it is.
This bond is required for anyone operating a real estate school in Massachusetts that trains future real estate agents and brokers. The state requires this $20,000 bond to protect students and the public if the school fails to meet its obligations, such as providing the promised education, operating dishonestly, or cl…
Who usually needs it
Real estate broker and salesperson schools in Massachusetts that offer pre-license education, real estate instructor education, or broker/salesperson continuing education courses must obtain this $20,000 bond as part of their state licensing requirements to protect prepaid tuition funds and ensure compliance with state regulations.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMABond amount$20,000ObligeeCommonwealth of MassachussetsBond classLicense BondCategoryOtherBondBoard of Registration of Real Estate Brokers and Salespersons School BondPlain descriptionThis bond is required for anyone operating a real estate school in Massachusetts that trains future real estate agents and brokers. The state requires this $20,000 bond to protect students and the public if the school f…Who needs this bondReal estate broker and salesperson schools in Massachusetts that offer pre-license education, real estate instructor education, or broker/salesperson continuing education courses must obtain this $20,000 bond as part of…
