How to Become A Real Estate Agent?

If you want to buy or sale a house or any other property, a real estate agent is your go-to person. Real estate agents help the clients purchase, rent or sell a property by advising them about market conditions, conducting walkthroughs and assisting them in selling, buying, or leasing properties. 

Real estate business offers a great deal of variety. You won’t have to do the same nine to five job. It allows you to embark on a new and exciting journey every day. You get to see different clients and different homes daily. You’re your boss, and it is highly satisfying to help people achieve one of the significant milestones in their lives. Besides that, it is a high paying job, according to 2019 study of  ‘U.S. Bureau of Labor Statistics’, average earning of real estate agents annually is about $50,730. It is estimated to reach $59,720 per year for highly skilled real estate agents with relevant education and certification. So, If you’re passionate to become a real estate agent, you can do so by following some simple steps. 

  1. Search out the real estate licensing requirements in your state 
  1. Get yourself enrolled in a pre-licensing course. 
  1. Pass the exam of real estate agent 
  1. Team-up with Real Estate Brokerage of your choice 
  1. Search out the real estate licensing requirements in your state 

There is nothing like a national real estate license; instead, every state has its licensing requirements. Therefore, the first step to getting into the real estate business is digging down your state’s licensing requirements. You can easily do this by online research of the real estate regulatory office website. It will show you all the requirements to be a real estate agent including age limitation, application fee, the whole process, fingerprinting and background checks, education and certification requirements, pre-licensing and post-licensing courses. 

  1. Get yourself enrolled in a pre-licensing course 

No matter where you’re going to start your business, pre-licensing course from an accredited real estate licensing school is a must to attain the real estate license. Various states offer different course requirements from online classes to community colleges and brick and mortar real estate schools. Select the method that is best suited to your schedule and learning style. This will prepare you to take the exam. 

  1. Pass the exam of real estate agent 

You must qualify the licensing exam to be a real estate agent. This exam helps you learn time management as it is a crucial factor in being a successful real estate agent. A computerized exam is taken for licensing. Both the sections are graded separately and getting ‘passing score’ from both the sections is mandatory. These sections are:  

  • The first portion is a national portion based on the usual practices and principles. 
  • The second portion comprises the state-specific section. 

After passing the exam, you’ve to apply to get a license and all the required documents to your state’s real estate agency. As your application is approved, your licensing certificate is mailed to you.  

  1. Team-Up with A Real Estate Brokerage 

You’re not allowed to start your business individually before getting a license; instead, you’re going to work under the supervision of a licensed broker (authorized by the state to see real estate transactions). That supervisor will make sure that you follow all the set standards, and he will most likely pay you monthly an agreed percentage of commission based on your real estate transactions. As you receive your license certificate, only then you’re eligible to start your own real estate business. 

The bottom line 

Although getting a real estate certificate is a time-consuming task and you’ve to invest the money. However, it can prove to be a gratifying profession. A real estate career can be flexible. You can practice it as a practice time or full-time job. Successful real estate agents practice it as a full-time job. As you gain experience in the market, you can acquaint yourself with additional courses and certifications that will help you to grow your business besides achieving specific designations. These designations can leverage your marketability as well as earning potential. 

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