Why Become a Real Estate Agent?
Becoming a real estate agent is one of the best career paths for anyone due to multiple reasons and outcomes. First of all, there is no college degree or MBA required. This means that as soon as you graduate high school and you pass your real estate license course you get to automatically start selling houses to anyone you want as a certified real estate agent.
In addition, you also get to choose your working hours. In general, sometimes you do work a lot of hours in order to find deals and call up all of your investor lists to find who wants to buy but other than that you get to choose when you want to work when you want to wake up in the morning and when you can sleep at night. All the power is all on you.
You also have the power to affect your income depending on how hard you want to work. Your income is not dependent on how many months you have worked or how many hours you have worked but you also have to take into account how many houses you have sold. This could be good for two reasons: first of all, you work hard only because you want to, and second of all there is no ceiling to the amount you can make in real estate in any sort of given time.
Steps to Becoming a Real Estate Agent
becoming a real estate agent itself requires some time money and resources. You can’t just decide one day to become a real estate agent and then start selling houses almost automatically, you need to pass your real estate license. And there are specific requirements depending on the state area and City you were in.
1. Research Your State’s Requirements
There is no National real estate license standardized test in the United States. Every state has its own rules regulations and fees that are required for every applicant in the real estate market game. Therefore you need to do your prerequisite research to understand the market you are t physical locations schools and community colleges we in this marketing to enter before you enter it. A good place to start your research is to go to your online real estate regulator office or by visiting the association of real estate license law officials (ARELLO)’s.
Here are very common categories that they will have requirements for:
– Age
– Education requirements (such as a high school diploma or GED)
– Prelicensing courses and post-licensing requirements
– Exams and exam eligibility
– Background checks and fingerprinting
– How to achieve the next level of licensing
– Reporting criminal history
in the New York real estate market, for example, has regular license requirements each state has its own process for obtaining a license through reciprocity. New York has reciprocity with approximately 9 States: Georgia, Arkansas, Colorado, Connecticut, Massachusetts, Mississippi, Pennsylvania, West Virginia, and Oklahoma
2. Take a Prelicence Course
In order for you to take the license exam and get your real estate agent license, you need to take a pre-license course in order to familiarize yourself with the content that will be included in that exam. You have a specific amount of hours I need to take for the pre-license course and this all depends on your state. As an example, we have California, where applicants must take 3 real estate classes totaling 135 hours. Most states offer several ways to fulfill the pre-licensing course requirements including online classes, physical brick-and-mortar locations, and community colleges provided.
3. Take the License Exam
your instructors will allow you to schedule an appointment for your exam and location. They will explain to you that the exam is multiple choice with a specific amount of time given depending on your state. This exam is computerized and will include content about 2 things: A national portion on General real estate principles, and practices and the state-specific section that covers your State’s real estate laws. The sections are definitely scored very separately and in order to get your real estate license you need to pass on both exams. This means if you fail on one in pass on the other you need to take both of them again in order to pass your overall exam.
4. Activate Your Real Estate Licence
The final step to becoming an official real estate agent is activating a real estate agent license. When you pass your exam you submit your application and any documents and fees required to your real estate regulatory organization in your state and area and your real estate license should be activated as a result. When the application is approved the state will mail you a real estate license certificate and your name will be searchable under the license section of its website.
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