Become a Real estate Agent
Earn More Money Today
Becoming a real estate agent can be one of the best career moves you can make. From increasing your earnings potential to having the freedom to work in a field that gives you flexibility, becoming a licensed real estate agent, gives you the necessary knowledge to work in the real estate field from day one.
While you can work in real estate without a license, in fact, many successful real estate people do, however having a license gives you the upper hand amongst other people entering the real estate market. Within 54 days of enrolling in an accredited school, anyone can go from unlicensed to having the ability to represent buyers, sellers, investors, and yourself.
How to become a Real Estate Agent
The requirements for real estate agent licensing vary by state, however the general rules for all states remain.
Enroll in Accredited Real Estate School- Becoming a real estate agent begins by taking your states’ required courses. Most states require you to take “Real Estate Principles” “Practice” and an elective of your choice. The recommended elective course is “Real Estate Legal Aspects” because of its applicability to the state exam. There are various learning options including online taking online courses, in-person classes, hybrid courses, and live internet courses. Students can access take courses directly with an accredited real estate school or take the required courses in college or university.
Complete Crash Course: Do not get caught flat on the day of the test. Most people who fail the state exam do not take a crash course. While this step is not an absolute requirement, it is so vital that you prepare effectively to avoid failing the exam. This is a costly mistake. Pass the first time by familia- rizing yourself with all types of questions found on the state exam. The state salesperson exam is a cumulative test of all the subjects you have covered in your studies and is by all accounts more difficult than the state-mandated courses. A crash course can help you pinpoint strengths and weaknesses, allowing you to learn sections that would have cost you to make mistakes on the exam.
Sign up for the state real estate salesperson exam: To avoid wasting any unnecessary lost time, be sure you are aware of the state licensing exam dates. This way you can take the required 3 salesperson licensing courses and sign up for a test that aligns with the timing of finishing your last licensing course. Many students only look into signing up for the final exam once they have completed their last course, which causes them to delay getting their license. Most states conduct a background check, require you to do a live-scan, and get fingerprinted.
Take State Licensing Exam: The state licensing exam is where you get to test your newfound knowledge. The test ensures you have the required knowledge to represent clients in real estate transactions. The course tests your ability to recall information, solve basic real estate scenarios, and understand the real estate process. The required score to pass is 70% or better.
While you can self-study for hours and potentially fail the state exam, it is highly advisable to take a reputable crash course that pinpoints all the specific question types found on the exam.
Real Estate Agent Eligibility Qualifications
- Be 18 years or older (some states are 19)
- Be a legal US resident
- Have good legal standing
- Take required state licensing courses with an accredited school
- Pass the state licensing exam
Why You Need a License
The field of real estate is vast and there are many subsets of fields within real estate. For example, there are agents, brokers, investors, contractors, developers, loan officers, and many others. Successful people in real estate typically have multiple avenues to earn income. Many people may start as agents, and eventually find their ways to finding deals for themselves, thereby increasing their revenue stream.
A real estate license gives people the ability to be involved in nearly all aspects of real estate. While the various fields within real estate differ, the fundamental understanding of real estate is crucial and that is what a solid real estate education does for you.
Reasons to be Licensed
Access to MLS
Multiple listing service, more commonly referred to as MLS, is the online database of most recently sold and listed real estate. Real estate professionals can find active listings, perform property analyses by comparing property statistics,andseeing market activity.
Start a New Career
Starting a new career has never been easier than becoming a real estate agent. You can finish the required courses within 54 days and earn more money on average than people who have studied for many years, at a fraction of the cost. A real estate career does not require as much schooling as typical careers. The main requirement is to have knowledge of the local real estate market and the confidence to explain your new skills in a convincing manner.
Diversify Earnings Potential
A real estate license is beneficial for people who want to work full time or have a second income-earning opportunity.
Increase Legitimacy
While it is totally respectable to work in real estate without a license, having a real estate license gives you legitimacy. This can prove vital in making contacts, gaining trust, and closing more deals.
Flexibility
Flexibility in real estate does not just mean the ability to choose your own hours. In real estate, you have the flexibility to represent buyers, sellers, and yourself in various capacities. This flexibility to work different types of deals is exciting and can be very profitable
