A Real Estate Agent refers to a licensed professional who aids in helping various clients sell, buy, and also rent real estate properties. These people are also known as Real Estate brokers. These agents are primarily responsible for connecting both buyers and sellers, generating leads, marketing, doing research, digging up offers, accompanying the different clients to deal with property closings, and more.
Keep reading till the end of the article to find out more information about “how long does it take to get Real Estate license”!
Steps To Becoming A Real Estate Agent
Here is a list of some of the steps that are required to be followed for becoming a successful Real Estate broker:
1. Research The Requirements Of Your State
First, you must meet the various licensing requirements of the state where you reside. Each unique state has some sort of unique requirements to meet like – age, exam eligibility and exams, fingerprinting & background checks, application fees and process, etc.
There are also some states where an applicant has to make agreements for reciprocal licensing with the other states. This just means that one can not get a license in one state and use it for practice in another! To do the same, they would need to take an additional examination for a license.
2. Take A Course For Prelicensing
It doesn’t matter where you live, everybody is required to take a course of pre-licensing at the estimated cost of $350 from a licensing school that is accredited, prior to being eligible to sit for a licensing exam.
It is also to be noted that the requirements for the course vary by state. The majority of the states generally offer online classes. At community colleges, you are going to get classes and at real-estate schools, you can get coursework.
Keep reading till the end of the article to find out more information about the steps that you need to follow for getting a Real Estate license!
3. Sit For The Licensing Exam
Now it will be time for you to take the licensing exam. The average cost of taking these exams is around $100-$300. These sort of exams are generally computerized and mostly consist of two parts —
- a section that is state-specific and covers all of the real estate laws.
- national portion on practices and principles of general real estate
The exams are mostly in mcq format and there’s time and total number of questions allotted (this also varies state by state).
Keep reading till the end of the article to find out more information on “how long does it take to get Real Estate license”!
4. Activate Your License
After you pass the exam, it will be time for you to submit the required application and also any additional fees/documents. The fees are usually going to be around $200 – $400. When the application gets approved, the state is going to send a letter along with the certificate of real estate license to you.
You need to keep in mind that you are not going to be allowed to work as an agent until and unless your license gets issued by the real estate authority.
5. Join A Brokerage For Real Estate
As a real estate agent, you are going to be assigned to work under the supervision of a licensed broker of the state to oversee transactions of real estate. They are also going to make sure of the fact that you as a practitioner are following the required legal and ethical standards.
How Long Does It Take To Become One?
On average, it takes at the very least four to six months to get a real estate license when taking the course in a traditional classroom. If you are taking the course online then it might take up to as little as 8 weeks – all depending on how fast you want to get it.
However, there are also a lot of other factors that can either slow down/speed up the process of Real Estate licensing. Here is a list of the common factors of becoming a real estate agent:
In-Person Vs. Online License Course
There are a lot of different institutions and mediums through which you can get a Real Estate education. There are options for choosing education provided by professional schools, local colleges, and state-approved 3rd parties.
The option that you choose is going to have a positive influence on the total time that it is going to take to meet the education requirements.
Residing State
Each state has its set guidelines regarding getting Real Estate licenses. This also means that there are going to be different processes and timeframes for getting the license.
Why Opt For Becoming One?
Working as a real estate agent is going to offer you a great deal of variety. Right from working with different types of clients to visiting various properties – there’s a sort of guarantee that you are not going to be doing the same thing every single day.
In this kind of job, you are going to be your boss and also get the satisfaction of helping your clients navigate through one of their life’s major milestones.
To Wrap It Up!
Getting a Real Estate license takes a lot of time and money, but it also can provide you with a job that is both rewarding and secure. There’s a lot of flexibility that you are going to be granted when opting for this career path.
Thank you for reading this article up till the end. I hope you found the information regarding “how long does it take to get Real Estate license” useful.
Must Read :
- When Will The Housing Market Crash?
- Atlanta Real Estate Market – How Is The Real Estate Market In Atlanta
- Toronto Real Estate Market – When Will Toronto Real Estate Market Crash
About The Author
