How long do I have to hang my license after I pass the Nevada exam?

A Nevada salesperson license is issued to you but it is not active until a broker holds it. Until you affiliate with a brokerage you cannot practice real estate or be paid a commission. Most newly licensed agents choose a broker right away so nothing sits idle, and your new broker files the affiliation with the Nevada Real Estate Division.

What do I actually need before my first day?

Your license from the Nevada Real Estate Division, a broker who will hold it, and membership in a local association and MLS so you can access listings and forms. Your broker walks you through the association and MLS applications during onboarding.

Do I need experience to join Summit 23 Realty?

No. The New Agent Plan exists specifically for agents with fewer than 4 career closed transactions. You are paired with a Summit 23 Coach for your first four closings so you are never reading a contract alone.

What does it cost to start as a newly licensed agent?

At Summit 23 Realty the brokerage costs are a $50 monthly fee and a $35 E&O fee per transaction that caps at $350 per year. Your CRM and leads manager, marketing center, featured custom agent landing page, transaction management, and marketing tools are included. Outside the brokerage you will also have association and MLS dues and your own marketing choices.

Do I pay anything if I do not close a transaction?

The $50 monthly fee applies whether or not you close. The $35 E&O fee is charged per transaction, so it only applies when you close. There are no separate charges for the core tools included with your affiliation.

Do I have to bring my own leads?

No. New agents are coached on building sphere and referral business from day one, and there is an optional Summit 23 Leads Program for agents who want brokerage-managed buyer and seller advertising with AI engagement and CRM follow-up. It is optional, never required.

Can I switch brokerages later if it is not the right fit?

Yes. Your license can be transferred to another broker at any time through the Nevada Real Estate Division. There is no long-term contract holding you at Summit 23 Realty.

What is 100 Days to Greatness?

100 Days to Greatness is a self-paced training and business-building program created by Buffini & Company. It is a registered trademark of Buffini & Company and is not a Summit 23 Realty program. Summit 23 Realty reimburses the program fee for agents who choose to take it, and Summit 23 Realty is not affiliated with, endorsed by, or sponsored by Buffini & Company.

Newly licensed Nevada real estate agent starting a career

For Newly Licensed Nevada Agents

Newly Licensed Real Estate Agent in Nevada? Start Strong.

Q: How am I paid on my first transactions?

Commission is always fully negotiable between the client and the brokerage. On your first four closings under the New Agent Plan, the commission is split 75% to you, 15% to your Summit 23 Coach, and 10% to the brokerage. After that you move to the 90/10 Summit Plan with a $10,000 annual cap, then keep 100% for the rest of your anniversary year with a $195 per transaction fee.

Passing the exam is step one. Choosing the broker who holds your license is the decision that shapes your first year. Summit 23 Realty is built for agents starting from zero, with a coach on your first four transactions and a plan you can actually read.

Apply to Join Schedule a Meeting

A brand new license and no transactions yet is a very specific starting point. You are not comparing splits across a book of business, you are trying to figure out who will teach you the job. This page walks through what happens after you pass, what your first 90 days look like, what it costs to start, and the questions worth asking any broker in Nevada before you sign.

What to Do Right After You Pass

1. Get your license issued by NRED

After you pass the state and national portions of the exam, your salesperson license is issued by the Nevada Real Estate Division. It is issued to you, but it stays inactive until a broker holds it.

2. Choose the broker who will hold it

This is the decision that shapes your first year. Look at training, coaching, the full cost picture, and who answers the phone when you have a contract question at 7pm.

3. Join your local association and MLS

Association and MLS membership gives you listing access, forms, and lockbox credentials. Your broker walks you through the applications during onboarding.

4. Start building business on day one

Your first pipeline comes from the people who already know you. A coach and a repeatable daily plan turn that list into conversations and appointments.

Still working toward the license? Read the Nevada license guide or the exam prep guide.

Hanging Your License at Summit 23 Realty

Summit 23 welcome kit

You are welcomed to the brokerage with a Summit 23 welcome kit, including a branded hat and thermos, plus a clear walkthrough of your plan, your tools, and who to call.

Tools ready before your first client

Branded CRM and leads manager, your featured custom agent landing page, transaction management, and marketing center are included with your affiliation, not billed as monthly add-ons.

Your Summit 23 Coach

You are paired with an experienced agent who works alongside you through your first four transactions, from writing the offer to closing the file.

Your First 90 Days

100 Days To Greatness, reimbursed

A Buffini & Company program that builds daily habits, lead follow-up, and referral skills. Summit 23 Realty reimburses the program fee for agents who take it.

Live office meetings and market updates

Weekly meetings keep you current on contracts, market conditions, and what is actually working for agents in your market right now.

Your first four transactions, together

Your coach reviews your contracts, prepares you for negotiations, and helps you keep a file on track so your first closings go smoothly.

What It Costs to Start

Monthly brokerage fee: $50 per month
E&O per transaction: $35, capped at $350 per year
Core technology: Included, no separate subscriptions
100 Days To Greatness: Reimbursed for agents who take it

Outside the brokerage you will also budget for association and MLS dues, continuing education, and the marketing you choose to run. See the full picture on the Nevada agent costs page or run your own numbers in the commission calculator.

How You Get Paid as a Brand New Agent

New Agent Plan

For agents with fewer than 4 career closed transactions. Your first four closings split 75% to you, 15% to your Summit 23 Coach, and 10% to the brokerage.

90/10 Summit Plan

After the New Agent Plan you keep 90% of every commission until you reach the $10,000 annual cap.

100% after cap

Once you cap you keep 100% for the rest of your anniversary year and pay $195 per transaction until your cap renews.

Commission is fully negotiable between the client and the brokerage. Full details are on the compensation plan page.

Optional Leads Program

New agents are coached on building sphere and referral business first. For agents who also want a wider pipeline, the optional Summit 23 Leads Program provides brokerage-managed buyer and seller advertising, AI-powered lead engagement, and automated CRM follow-up. It is never required to join or to stay.

See how the Leads Program works

Questions to Ask Any Broker Before You Sign

✓What is the full cost to be here, including monthly fees, E&O, technology, and transaction fees?
✓Who trains me, and is that training a live person or a video library?
✓Who reviews my first contract, and how quickly do they respond?
✓What tools are included, and what will I be billed for separately?
✓How does the commission plan change as I close more transactions?
✓Am I locked into a contract if it is not the right fit?

Comparing more than one brokerage? Use the brokerage comparison guide.

Newly Licensed Agent FAQ

Start Your Nevada Real Estate Career the Right Way

Apply to join, or book a confidential conversation with our team and ask every question on your list.

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