Commonly Asked Questions About Time Share Licensing 
 
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Use this guide to better inform yourself about the licensing process. 

For further information please call the schools admissions office (702) 313 - 7000

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  • Q Will I need real estate license to conduct myself in the field of time share? 
  • A No, Individuals conducting business as a sales agent will not need a real estate license. 
  • Q What will be the fees associated with activation of my time share license?
  • A The cost of the original time share license will be $175 payable to the Nevada Real Estate Division after you have passed your licensing examination. 
  • Q How long is the test for licensure?
  • A 50 Multiple choice questions in which you must score a 75% or better. 
  • Q How do I activate my license once I have passed the examination? 
  • A In order to activate the time share license you must associate yourself or hang you license under a project broker (the time share organization) and then apply for the license with the state.  
  • Q Will I have to wait months to get my license so I can practice? 
  • A No. Contrary to Real Estate license applications, time share applications are processed very quickly and the state can often recognize the background check completed by the project broker to make the application process even quicker. Time share applicants are often up and running within a week.  
  • Q How much and how will I be paid once I activate my license and associate with a project broker? 
  • A Sales agents are almost always paid a percentage of the selling price of the time share. Some agents are paid a flat fee per sale or representation. Percentages of compensation usually range from 5% to 10% of the sale. The average yearly income is reported to be between $32,000 and over $110,000. (Depending on the sales activity of the sales agent) 

    

 

 


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