This bond is required for schools that teach real estate courses to people who want to become real estate brokers or salespeople in Massachusetts. The $5,000 bond protects students by ensuring the school follows state education rules and delivers the training it promises. If the school fails to meet its obligations or…
Overview
What it is.
This bond is required for schools that teach real estate courses to people who want to become real estate brokers or salespeople in Massachusetts. The $5,000 bond protects students by ensuring the school follows state education rules and delivers the training it promises. If the school fails to meet its obligations or…
Who usually needs it
Licensed real estate schools in Massachusetts that provide board-approved instruction for broker/salesperson pre-license education, real estate instructor education, and classroom/online continuing education must obtain this $20,000 bond as a mandatory document in the school license application process. The bond protects students by ensuring the school can …
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$5,000ObligeeCommonwealth of MassachussetsBond classLicense BondCategoryOtherBondReal Estate Brokers and Salespersons School BondPlain descriptionThis bond is required for schools that teach real estate courses to people who want to become real estate brokers or salespeople in Massachusetts. The $5,000 bond protects students by ensuring the school follows state e…Who needs this bondLicensed real estate schools in Massachusetts that provide board-approved instruction for broker/salesperson pre-license education, real estate instructor education, and classroom/online continuing education must obtain…
