what are the steps to become a real estate agent

In the words of Ferris Bueller, "Life moves pretty fast. If you don't cease and wait effectually one time in a while, you could miss information technology."

So if you're feeling similar days are only flying past and you're not making whatever forward progress in your career, information technology might be time to consider a change.

And if a existent estate career is your dream, you're in luck – because condign a sales agent is easier than ever!

Follow these six steps and y'all'll know exactly how to become a real estate amanuensis today.

If y'all would rather spotter or heed to this content, bank check out the video or podcast below!

General Requirements to Go a Real Manor Agent

In order to exist eligible to go a licensed real estate agent, yous must:

Be a legal U.s. resident
Be 18 (or 19) years of age or older (depends on your land)
Complete your states required pre-license education
Pass the country and national real estate exam

These are simply the most common requirements. Each state may have its own unique requirements. Because of this, I recommend your first footstep exist researching your state'south license requirements.

Step i: Research Your Land'due south Requirements

The commencement step in condign a existent manor agent should ever be to sympathize your country's specific requirements for obtaining a license. Visit your state'southward real estate commission website and gather information about pre-license education, the real estate test yous'll need to take, and the license fees.

Every agent'south journey into real estate is unlike. For example, many states allow licensed attorneys to practice real estate without going through the typical procedure. Also, some states credit a college degree towards your pre-license educational activity requirements.

Therefore, check offset with your state if there are any special requirements or exceptions for you before purchasing your pre-license educational activity.

Step 2: Choose a Real Estate Pre-licensing Course

Once you understand your state's criteria, your next footstep volition exist to take a pre-licensing course from an accredited existent estate school. These courses volition set up yous for the real estate examination and work as a real manor agent in your state.

Yous will have to make up one's mind if you want to take your pre-licensing course online or in person. Online courses typically permit you lot to get your license much faster than an in-person class. They are also ordinarily meliorate for anyone who is already working a full-fourth dimension job and wants to written report on a flexible schedule.

Expect for a real estate school that has been accredited by your state's Committee. Read reviews to see if the school has a proficient reputation and loftier pass charge per unit. If a existent estate school does not disclose its laissez passer charge per unit, it's best to find i that does.

Many states have hourly pre-licensing course requirements that you lot volition demand to fulfill. For example, the Texas Committee requires 180 hours of pre-licensing work, while North Carolina only requires 75 hours. Cheque with your state'south Commission to run across the requirements for your country.

Typically, most states require some version of the following courses:

Existent Estate Principles
Existent Manor Appraisement
Real Manor Police force
Police Of Contracts
Existent Manor Exercise

The cost of an accredited licensing course tin can range from $200 to $thou. Some of the best real estate schools online include Real Estate Limited, Kaplan, and Aceable Agent.

Footstep three: Pass the Real Estate Licensing Examination

Of course, the key footstep to condign a real estate amanuensis is passing the land examination! Your licensing course should have plenty of study materials and practice exams to assist y'all. Take advantage of any resources you find to study and ready beforehand.

Nonetheless, don't worry if you don't laissez passer your existent estate licensing examination the first time around because you have multiple chances to retake it over a two-year period. If you nonetheless don't laissez passer after that, you volition have to re-take a pre-licensing course.

Your state's commission website will have instructions on how to sign upward for the real estate exam in your area.

The exam unremarkably consists of effectually one hundred multiple-pick questions. Information technology'll cover federal existent estate laws, as well every bit rules and regulations that are specific to your country. The cost to have information technology usually ranges from $15 to $60.

The required score to pass the real estate exam volition vary depending on what state you lot are in, and so be sure to check with your state's committee. But on average, the required passing score will be betwixt 60% to 75%.

Step 4: Actuate Your License

Once y'all pass the licensing test, yous will demand to become a copy of your results and a certificate of completion from your pre-licensing course. Then, you will submit these documents forth with your real estate license application to officially receive your license from the state.

The application process varies depending on what state you are in. Information technology could include other tests such as a background or fingerprint check, which can oft take more than time to complete.

The license application can cost anywhere from $50 to $250. The amount of time information technology takes for your application to be approved will also depend on what country you are in.

Some states have an automatic procedure for submitting your application material, while others still utilise postal service. In general, you can await to receive your official license betwixt one week to two months.

Your license is something that yous will need to renew periodically. Again, how often renewal occurs will depend on your land. In full general, y'all'll likely take to renew your license every two to four years.

Step v: Consider Becoming an Official Realtor

Joining the National Association of Realtors is optional, only can definitely be beneficial for a make new real manor salesperson. Commencement, you lot'll officially be able to use the title "Realtor." This volition give you lot meaning brownie and boost your reputation among clients.

Besides, you will demand to join in social club to access most MLS databases, which are necessary if y'all desire to have the most upwards-to-appointment information on homes in your surface area. Other perks include discounts on continuing education courses, access to NAR's digital and printed content, and networking opportunities.

The National Association of Realtors has over 1,400 associations beyond the U.S. You lot can visit their website to find your local association to get started. To become an official Realtor, yous will have to submit an application (typically with your local lath) and pay an annual membership fee of $150 (prorated for your showtime year).

Step 6: Bring together a Brokerage

In lodge to practice real estate every bit a brand new sales agent, you will need to join a real estate brokerage. Brokerages are licensed past the state to enforce legal and ethical practices in the real manor industry.

Another do good to joining a existent estate broker is that the right one will provide your proper noun with more credibility equally a brand new real manor agent.

Information technology'southward a skillful idea to get a head start by talking to a broker before you even accept the real estate test. This way, you can have a spot lined up and get started as soon as you are licensed.

Begin your search by interviewing multiple brokerages to find the right fit for you. At that place are brokerages with familiar names, like eXp Realty and Keller Williams Realty.

Real manor brokers with a recognizable proper noun might be meliorate as a brand new salesperson to give your name even more than credibility, but joining a boutique existent manor broker can also exist a practiced choice.

Choose a real estate brokerage based on the surface area of existent estate y'all want to practice in. For example, there are different brokerages that specialize in commercial, luxury, or residential real estate.

Your broker will accept a split from your commission every time y'all shut a deal. This is all the more reason you lot should take your time to notice a real manor broker that is the correct culture and personality fit for you lot.

Don't just look for a real estate broker with the best commission split for its agents. Instead, find somewhere that you will genuinely enjoy working at. Find a broker that provides you with tools, training, and mentorship to back up your career. Your goal should be to join a brokerage that provides its agents with the near value.

Oftentimes Asked Questions

Is Becoming a Existent Estate Agent Right For You?

Your selection to work as a existent estate professional should be based on your specific career objectives and personal chore talents. To make becoming an agent worth it, y'all need to be self-accountable, resourceful, and have a passion to help others.

Equally a make new salesperson, you likely won't take much say over where you lot work or what homes yous go to work with. The all-time style to detect out if becoming a real estate agent is correct for yous is by talking to a local broker or shadowing a real manor amanuensis.

What Can You Practise With a Real Manor License?

With a existent manor license, you can help clients purchase, sell, and rent real property in your land. This includes residential, commercial, investments, and land.

You lot can even become a designated broker (a championship that in most states requires 4 years of manufacture experience) if y'all want to lead or manage other agents in the field.

How Long Does information technology Have to Become a Real Estate Agent?

Typically, information technology only takes effectually ii-six months to go a real manor agent. The exact corporeality of time depends on how quickly you can complete your real estate classes, laissez passer your licensing exam, and cull a broker.

How Hard is it to Get Your Real Estate License?

Getting your existent estate license is not difficult. It only consists of a few steps that tin can exist completed rather quickly. The claiming really begins in one case you take your license and you lot commencement building your business.

How Much Does it Cost to Go a License and Become a Real Estate Agent?

The typical cost to get your real estate license and become a real manor agent is between $m-$1500. This includes the cost of pre-license classes, taking the licensing exam, activating your license, and your broker'south initial join fee.

Last Thoughts on How To Become A Real Estate Agent

Congratulations! If you lot've made it to the end of this post, that means you're well on your manner to condign a successful existent manor agent.

It won't be easy—nothing worth having ever is—but with plenty hard work and dedication, you lot can brand it happen.

And I want to help. That's why I put together a costless guide called How To Go A Successful Real Manor Agent Fast! which outlines everything you need to practise in lodge to get started in this exciting industry.

Read More:

Many of my readers are either in Texas, Florida, or California. Because of that, I've created specific posts on:

How to get your existent estate license in Texas
How to get started in existent manor in Florida
How to become a Realtor in California.

Feel free to check them out!

Why are yous planning to become a existent manor agent ? What excites y'all most nearly beginning your journey? Let me know in the comments beneath!

Would Y'all Like To Partner With Me?

I've helped hundreds of real estate agents, team leaders, & brokers all over the country increase their sales, online presence, and create scalable systems. I would dear the opportunity to work with yous. Together, we can make this year your best notwithstanding!

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Source: https://www.kylehandy.com/blog/learn/how-to-become-a-real-estate-agent/