How do you become a real estate agent?
- Take a real estate pre-licensing course
- Take the real estate licensing exam
- Activate your real estate license
- Consider becoming a Realtor®
- Join a brokerage
- 1 How much does it cost to get a real estate license in Louisiana?
- 2 How long does it take to get a realtor license in Louisiana?
- 3 How much does a realtor make in Louisiana?
- 4 How hard is the Louisiana real estate exam?
- 5 Is there math on the real estate exam?
- 6 How long does it take to become a real estate agent?
- 7 How many times can you take the Louisiana real estate exam?
- 8 How do I pass the Louisiana real estate exam?
- 9 How much does a real estate agent make?
- 10 What is a broker vs agent?
- 11 What are top paying jobs?
- 12 What is the job description of a real estate agent?
- 13 What is the hardest state to get a real estate license?
- 14 Do real estate agents really make good money?
- 15 Is the Louisiana real estate exam multiple choice?
- 16 How To Get A Louisiana Real Estate License in 8 Easy Steps
- 16.1 Complete 90 hours of approved Pre-Licensing education.
- 16.2 Pass the course final exam.
- 16.3 Fill out Salesperson License Application Part A
- 16.4 Pass the Louisiana Real Estate Examination.
- 16.5 Complete the Background Check
- 16.6 Acquire Errors and Omissions (E O) insurance.
- 16.7 Complete the application.
- 16.8 Select a sponsoring broker.
- 17 Get Your License Online
- 18 Obtain A License – LREC
- 19 Louisiana Real Estate Classes
- 20 Requirements For Real Estate Broker License:
- 21 Louisiana State Requirements: Salesperson
- 21.1 How long does it take to get a Louisiana real estate license?
- 21.2 What kind of information will I learn to help me get a real estate license in Louisiana?
- 21.3 How do I complete the background check?
- 21.4 How do I take the Louisiana Salesperson licensing examination?
- 21.5 How do I submit my Louisiana Salesperson application?
- 21.6 Does Louisiana require post-licensing education?
- 21.7 Does Louisiana offer reciprocity?
- 21.8 Regulatory Notes:
- 22 How To Become A Real Estate Agent In Louisiana
- 23 Before You Begin: Rules And Regulations
- 24 Steps To Taking The Exam
- 25 Get Your License And Become An Agent With Help From Bob Brooks School!
- 26 How to Become a Real Estate Agent in Louisiana
- 27 About This Article
- 28 Did this article help you?
- 29 Who is Eligible to Become a Real Estate Agent in Louisiana?
- 30 What Else Do I Need to Do to Earn My Louisiana Real Estate License?
- 31 What is the Louisiana Real Estate Licensing Exam Like?
- 32 What Are the Real Estate Post-Licensing Requirements in Louisiana?
- 33 How Often Does a Louisiana Real Estate License Have to Be Renewed?
- 34 What Are Louisiana’s Continuing Education Requirements for Real Estate?
- 35 What Kind of Jobs Can I Get with a Louisiana Real Estate License?
- 36 How to Become a Real Estate Agent in Louisiana
- 37 1. Meet the State of Louisiana’s Legal Requirements
- 38 2. Complete Required Prelicensing Courses
- 39 3. Take the Louisiana Real Estate Exam
- 40 4. Order Your Background Check
- 41 5. Pick a Company to Work For
- 42 6. Apply for Your Louisiana Real Estate License
- 43 7. Start Your Louisiana Real Estate Career
- 44 How to Get a Louisiana Real Estate License
- 45 How to Become a Real Estate Agent in Louisiana
- 46 How to Get Your Louisiana Real Estate License
- 46.1 Step 2. Real Estate Salesperson License Application
- 46.2 Step 3. Louisiana Real Estate License Exam
- 46.3 Step 4. Fingerprinting and Background Check
- 46.4 Step 5. Obtain Errors and Omissions Insurance
- 46.5 Step 6. Application Review
- 46.6 Step 7. Real Estate License Sponsorship
- 46.7 Louisiana Post-Licensing Education
- 47 Louisiana Real Estate License FAQ
- 48 LREC – Louisiana Real Estate Commission
How much does it cost to get a real estate license in Louisiana?
The initial Louisiana real estate licensing fees are: $120 for the broker license and $45 for the salesperson license. Renewal fees are $70 for an active broker license and $35 for an inactive broker license; $35 for an active salesperson license and $35 for an inactive salesperson license.
How long does it take to get a realtor license in Louisiana?
You must have a high school diploma or equivalency, complete 150 hours of training, which includes Real Estate 201, 202, 203, and you must pass the State Exam. The license fee is $165 and the exam fee is $85.
How much does a realtor make in Louisiana?
The average salary for a real estate agent in Louisiana is around $35,860 per year.
How hard is the Louisiana real estate exam?
Remember, the Louisiana real estate exam is hard to pass and over 50% fail the first time. Not only that, but it is expensive to try again. This course has everything you need to pass the first time at a price that is unmatched.
Is there math on the real estate exam?
No matter what state you are wanting to get a real estate license in, you can expect to see math questions on the exam. While the number of math questions on the exam varies from state-to-state, the total number of math-related questions is somewhere between 10-15%.
How long does it take to become a real estate agent?
You can become a real estate agent in about four to six months, depending on where you live. Online prelicensing classes can speed up the process. Requirements vary by state, but the general steps are to take a real estate prelicensing course, take the licensing exam, activate your license, and join a brokerage.
How many times can you take the Louisiana real estate exam?
How many times can I take the real estate licensing exam and how long do I have to pass it? There is no set limit on the number of times that you can take the exam. However, if you do not pass both parts of the exam within 1 year from the first attempt, you must resubmit a new license application and fee.
How do I pass the Louisiana real estate exam?
To pass, you must correctly answer at least 60 questions from the national portion and 40 from the state portion. The salesperson exam consists of 80 national questions and 55 state-specific questions. To pass, you must correctly answer at least 56 questions from the national portion and 40 from the state portion.
How much does a real estate agent make?
How Much Do Real Estate Agents Make? The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.
What is a broker vs agent?
What’s the difference between a real estate broker and an agent? In real estate, an agent is an individual who is licensed to sell property in their state. A broker is someone who is licensed to own their own real estate firm.
What are top paying jobs?
Here is a look at the top 100 highest-paying jobs:
- Cardiologist. National average salary: $351,827 per year.
- Anesthesiologist. National average salary: $326,296 per year.
- Orthodontist. National average salary: $264,850 per year.
- Psychiatrist. National average salary: $224,577 per year.
What is the job description of a real estate agent?
What is a Real Estate Agent? Real estate agents guide clients through the buying and selling of properties. As a seller, they help clients place their home on the market and provide consultation on how to best prepare the home for a successful and fast sale.
What is the hardest state to get a real estate license?
Hardest States to get a Real Estate License Of all states, Colorado and Texas come on top as the hardest in terms of granting a real estate license. Each of the states requires some education and a test, which you must pass before being issued with a real estate license.
Do real estate agents really make good money?
Get Your California Real Estate License! According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents. Hard work is essential to high salaries, however.
Is the Louisiana real estate exam multiple choice?
In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; this includes about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. You will have between 2-4 hours to complete your exam.
How To Get A Louisiana Real Estate License in 8 Easy Steps
Obtaining a Louisiana real estate license may appear to be a difficult task, but we are here to assist you throughout the process. Continue reading to discover about the eight steps you’ll need to do before you can begin your real estate profession in the state of Louisiana. To find out how much it will cost you to obtain your real estate license in Louisiana, please see our price page for pre-licensing in the state. Purchase your Louisiana Pre-Licensing Certificate »
Complete 90 hours of approved Pre-Licensing education.
- To begin, you must successfully complete a 90-clock-hour Pre-Licensing course that has been approved by the state. Find out more about the many package options available to you here.
Pass the course final exam.
- After you have finished all of your course materials, met the minimum time requirement, and passed the practice exam, you will be required to take the final exam for the course. The minimum passing score is 75%
- The maximum passing score is 100%.
Fill out Salesperson License Application Part A
- You’ll need to complete the Salesperson License Application Part A form, which may be found here. You will be issued a candidate authorization to test from LREC once you have submitted your completed application part A, your pre-licensing certification of completion, and the requisite cost to the agency.
Pass the Louisiana Real Estate Examination.
- You will get an email contact from LREC via Pearson Vue with your candidate authorization to test from LREC and information on how to arrange your exam day and time once your Salesperson License Application Part A has been completed by LREC. You will have 150 minutes to complete the national section of the exam and 90 minutes to complete the state portion of the examination. Please read the PearsonVue candidate exam information page for further details. If you need assistance passing your Louisiana real estate test, The CE Shop also offers thorough Exam Prep that is specifically geared to the state’s requirements.
Complete the Background Check
- Once you have submitted your fingerprints to Clearbox, LLC, which has been hired by the LREC to conduct criminal background checks on each first license application, you must then wait for the results to be returned. For further information, please see the following link:
Acquire Errors and Omissions (E O) insurance.
- Before you can receive an active license, you must have an Errors and Omissions insurance coverage in place to protect yourself. More information may be found by clicking here.
Complete the application.
- Send your initial real estate license application, Part Band, along with proof of payment of your Errors and Omissions Insurance coverage, to the Louisiana Real Estate Commission.
Select a sponsoring broker.
To be licensed in Louisiana, you must first be affiliated with or employed by a current and operational real estate brokerage business or single proprietorship, or you must be self-employed. Since you begin your new real estate profession, it is critical that you choose the correct broker with whom to collaborate, as this individual will act as your mentor. Here are some questions to think about as you begin your search:
- What is their standing in the community, both locally and nationally
- It is unclear what type of real estate agents the company is seeking. Are they technologically sophisticated and up to date with the most recent systems available? The manner in which they assist their agents with education and training. Does the brokerage give their agents with leads and marketing materials? Is there space for advancement within the organization? Are there any advantages available?
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Obtain A License – LREC
Individuals or businesses wishing to engage in real estate activity in Louisiana must submit an application for a license or certificate with the Louisiana Real Estate Commission. A criminal conviction will necessitate the completion of the felony application process. Licenses can be issued in either the active or inactive condition, depending on the situation. Individuals or businesses who are not licensed in the state of Louisiana may not receive any type of remuneration for their participation in real estate activities in the state.
Individuals who wish to get certified as an education pre-licensing instructor must submit an application to the Commission for consideration.
It is intended for use by all individuals and businesses that are interested in obtaining a license or certification through the LREC website.
Louisiana Real Estate Classes
The minimum age requirement to become a licensed real estate agent is 18 years old, with a high school diploma or GED as a minimum qualification. You must complete the Real Estate 101 course (90 hours) and pass the State Exam in order to become a licensed real estate agent. As a salesman, you are required to operate under the supervision of a broker or real estate business. If you have ever been convicted of a crime, you must file an appeal with the Louisiana Real Estate Commission in order to be granted authorization to practice real estate in the state.
- Prior to earning your license, you will be needed to obtain a criminal history check done on your family.
- In accordance with Louisiana law, this course meets the educational criteria established for applicants for a Louisiana Real Estate Salesperson License.
- In addition to traditional classroom instruction, this course is now offered online.
- With the combo class, you will receive the following books: Classroom Teaching: All in-class instruction incorporates the completion of required online coursework.
Depending on the situation, some in-classroom classes may be coaching classes in which completion of the online course is required in order to pass the class. These sessions will be presented by a real estate expert with years of experience.
Requirements For Real Estate Broker License:
You must have held an active salesperson’s license for at least four years (in any state or jurisdiction) prior to submitting a broker license application in any state or jurisdiction. Two of the four years must have occurred immediately prior to submitting a broker license application in any state or jurisdiction. You must have a high school graduation or equivalency, complete 150 hours of training, which includes Real Estate 201, 202, and 203, and pass the State Exam before becoming a real estate agent.
- Additionally, you must undergo a criminal background check and present proof of obligatory errors and omissions insurance prior to being issued a license to practice law.
- A study of real estate fundamentals and practice, as well as the Louisiana License Law, Civil Law, and Commission Rules and Regulations, is provided for broker candidates in this course.
- This course fulfills 90 of those hours.
- In addition to traditional classroom instruction, this course is now offered online.
- With the live class, you will receive a set of books.
- This component of the course is available online or as a combined class.
- Real Estate 203 on the Internet: This is the 30-hour course in broker duties that all broker applicants are expected to complete before they may be licensed.
Classroom Teaching: All in-class instruction incorporates the completion of required online coursework.
The 45-hour post licensing course must be completed within 180 days of getting licensed by all newly licensed salespeople and brokers.
Continuing Education:All licensees are expected to complete 12 hours of continuing education each year, with 4 hours of those hours being in the obligatory topic mandated by the LREC.
Cancellations: Cancellations must be made at least 48 hours prior to the commencement of the class session in question.
It is possible that refunds will be subject to a 3 percent processing fee.
Privacy: All information obtained from the student will be treated as confidential and will not be disclosed to third parties, with the exception of information required for the purpose of reporting credit hours to the National Multiple Listing Service (NMLS) or the state of Louisiana.
Louisiana State Requirements: Salesperson
Pre-licensing hours required by the state of Louisiana: 90 hours Real Estate Express Louisiana Course Hours Available: 90 hours Total Course Time: 90 hours APPLY RIGHT NOW! Step 1.Accomplish the following requirements for a Louisiana real estate license, as detailed on theLouisiana Real Estate Commissionwebsite:
- To qualify, you must be at least 18 years old and possess a high school certificate or GED.
Step 2.Complete a 90-hour Louisiana real estate pre-license course that has been approved by the state. Step 3: Pass a background check for criminal activity. The fourth step is to pass the real estate license examination with a score of at least 75 percent. Step 5: Obtain sponsorship from a Louisiana broker who is licensed in the state. Step 6: Provide documentation demonstrating compliance with obligatory errors and omissions insurance. Step 7: Submit the application for a Louisiana driver’s license.
How long does it take to get a Louisiana real estate license?
Time required to obtain a Louisiana real estate license varies depending on several factors, including your ability to complete the 90 hours of pre-licensing coursework and pass your licensing examination, the length of time it takes you to complete the application process and post-license course, and the length of time it takes for your application and background check to be processed, among others.
What kind of information will I learn to help me get a real estate license in Louisiana?
All Real Estate Express courses are authorized by the Louisiana Real Estate Commission, which is the state’s regulatory body. You will be qualified to sit for the Louisiana Real Estate License Exam once you have finished the course. According to Real Estate Express policy, salespersons must complete the 90-hour pre-license curriculum within six (6) months of the commencement date of the program. In distance education courses, the start date is the day on which the course materials are first accessible, and the finish date is the date on which all needed documentation is presented to the provider.
Specifically designed real estate courses that cover real estate principles and practices, the Louisiana Real Estate License Law, the Louisiana Real Estate Commission Rules and Regulations, law of agency, and civil law pertaining to real estate must be completed by salespersons prior to being licensed.
How do I complete the background check?
As part of the initial application process for a real estate license, all applicants are required to give information about their criminal past. To request a background check with Clearbox, each individual must first create an online account with the company. The LREC recommends that you delay ordering your background check until after you have passed your real estate test in order to avoid the results of the check expiring.
Background checks are only valid for 120 days after they are issued. More information on the background check requirement may be found on the LREC website.
How do I take the Louisiana Salesperson licensing examination?
To be eligible to sit for the licensure examination, you must do so through PSI. Before contacting a testing service, you must first submit your license application (Salesperson License Application Part A) to the LREC and gain clearance for testing before contacting the testing provider (PSI Services LLC). After the LREC has evaluated your documentation and fees, they will make a determination as to whether or not you are eligible to sit for the test. In the event that all documentation is accepted and the necessary license costs have been paid, your information will be forwarded to PSI.
The LREC does not charge an examination fee, which is not included in the fees paid.
For ninety (90) days from the date of issuance, you are eligible to sit for the test just once.
How do I submit my Louisiana Salesperson application?
Errors and omissions insurance is required for all active licensees, regardless of their industry. If you would want additional information about errors and omissions insurance, you may visit the website of the Louisiana Real Estate Commissions. Candidates will submit their Salesperson License Application Part B, which includes proof of broker sponsorship, following the successful completion of the licensing test and the provisional submission of proof of E O Insurance. Find out more about how to locate a sponsored broker.
Does Louisiana require post-licensing education?
The 45-hour post licensing course for salespersons, which is needed during the first 180 days of licensure, must be completed by active licensees in order to be awarded an original (permanent) license. NOTE: At this time, Real Estate Express does not provide the 45-hour post-license course required by the state of Louisiana.
Does Louisiana offer reciprocity?
As of right now, Louisiana has trade agreements with the following states:
- Alabama, Arkansas, Colorado, Georgia, Iowa, Mississippi, New Mexico, Oklahoma, and Pennsylvania are among the states represented.
It is necessary to submit a reciprocal application in Louisiana on a license for license basis, which means that you can only receive the same license type that you now possess in your home state. Applicants for reciprocal licenses must meet the following requirements:
- A Certified License History from the state in which they presently live and any other places where they are currently, or were previously, licensed should be requested. The LREC must receive a copy of your license history, as well as the Salesperson License Application, Part A, and the Salesperson and Associate Broker Application, Part B (Sponsorship Affidavit). Order a background check on the LREC website and provide proof of Errors and Omissions Insurance coverage as well as payment of the premium.
Obtaining a Certificate of Course Completion:Course completions are submitted to the Commission in a timely manner on its website. Upon successful completion of the course, Real Estate Express will issue you an electronic certificate of completion, which will be accessible on your account dashboard. It is possible that you may be required to submit your certificate of completion together with your license request. Please refer to your licensing application to discover whether or not this is required for your license.
Website of the Louisiana Real Estate Commission: The following phone numbers: (225) 925-1923 and (225) 925-4501 are for the address: 9071 Interline Ave. Baton Rouge, LA 70809, in the state of Louisiana. Enroll on the License Lookup Website TODAY!
How To Become A Real Estate Agent In Louisiana
Do you want to make a difference in your professional life? In particular, are you looking for a job that will help you develop your abilities while still being people-oriented? You could be a good fit for the world of real estate! When it comes to buying or selling a property, the vast majority of individuals have dealt with real estate agents. What you may not be aware of is what it takes to become a real estate agent in the state of Louisiana. Find the knowledge you want from Bob Brooks School, a Louisiana-based online real estate education provider.
Before You Begin: Rules And Regulations
Rules provide us with structure and make things easier to understand and follow. Especially in the real estate industry, laws and regulations are everywhere, and it is impossible to avoid them. In order to become a real estate agent in the state of Louisiana, applicants must meet the following requirements:
- Structure and simplicity are provided by rules, which make things easier to understand and implement. Rules and regulations are omnipresent, especially in the realm of real estate. Candidates for the position of real estate agent in the state of Louisiana must meet the requirements listed below.
Then you can continue on to your real estate pre-licensing classes when you have completed the first two requirements on this list. In Louisiana, you are obliged to complete 90 hours of coursework. However, we recognize that you have a demanding schedule. Who has the time to attend a formal educational setting? Fortunately, you may take Bob Brooks School classes online whenever and wherever you like, which means you won’t have to interrupt your regular schedule. After you have completed these courses, the next step is to take your test!
Steps To Taking The Exam
You must first get an ID number before you can sit for this extremely crucial test. Individuals who wish to get an ID card will now be required to register an Applicant Account on the LREC online site, statereporting.com, rather than submitting their social security number, as of June 2019. After that, you’ll need to submit your application to the Louisiana Real Estate Commission, which will take several weeks to process. After you have completed your course, Bob Brooks School will submit a report to LREC on your behalf.
- You will receive an email from PSI informing you that you must arrange and pay for your exam.
- You should also bring a calculator and at least two different kinds of acceptable identification with your signature.
- review program before entering the testing facility.
- To pass the exam, you must have a score of at least 70%.
Study hard, and good luck in your endeavors! Keep in mind to look into your background check and post-licensing education once you have obtained your license.
Get Your License And Become An Agent With Help From Bob Brooks School!
Are you ready to get started? Good for you—having that sort of mindset is really beneficial in real estate. Enroll in your pre-licensingcourses today and start working toward your future career goals. Not sure if this is the right fit for you? No need to be concerned—you can check out your first six classes absolutely free! We may be reached online or by phone at 225.292.7277 if you have any queries prior to starting your project. We are looking forward to hearing from you. Posts from the recent past
How to Become a Real Estate Agent in Louisiana
Documentation Download Documentation Download Documentation Becoming a registered real estate agent in the state of Louisiana is not as simple as it appears on the various real estate television shows that are broadcast around the state. In reality, you must do some work in order to become licensed before you can begin listing and selling properties, partly because you must understand the ins and outs of the listing and selling process firsthand. It’s also important to remember that, as a real estate agent, you serve as a middleman between buyers and sellers, which has a variety of ethical implications.
You will be required to complete many hours of classroom instruction as well as pass the state licensure exam.
- Read More About ItRead More About It Obtaining a license as a real estate agent in the state of Louisiana is not as straightforward as it appears on the numerous real estate television shows. As a matter of fact, you must complete some work in order to obtain a real estate license before you can begin listing and selling properties, partly because you must become acquainted with the nuances of listing and selling properties. It’s also important to remember that, as a real estate agent, you serve as a middleman between buyers and sellers, which has a variety of ethical consequences. The Louisiana Real Estate Commission, as a result, requires that you receive the necessary certification and training before you may begin working. A number of hours of classroom training as well as passing the state licensure test will be required. You will be on your way to become a real estate agent after completing this process, which may seem daunting.
- In the event that you have been arrested or convicted in the past, you may still be eligible to apply for authorization to sit for the Louisiana Real Estate Commission’s (LREC) licensure test.
- 2 Locate a real estate broker who will act as a sponsor. You must be sponsored by a real estate broker in order to be eligible for a license. In many ways, choosing a broker is similar to applying for a position at a company. You check for employment openings on job search websites, and then you contact real estate agents in your area with your CV. You may or may not be invited back for an interview, just like you would for a job.
- Technically, you will not be “sponsored” until after you have passed the exam, however the majority of real estate brokers will assist you throughout the process of obtaining your permit. In the event that you pass the exam, they will sponsor you. In fact, many real estate agents will support your education, which means they will provide scholarships to assist you in paying for your education.
- Completing the requisite coursework prior to licensure is step three. It is necessary to complete 90 hours of real estate education courses before to filing for a salesperson license, which must include classes on real estate concepts and practices, the Louisiana Real Estate License Law, and civil law relevant to real estate.
- Among the other courses required for the pre-licensing educational requirement are courses on the rules and regulations of the LREC, as well as courses on the Law of Agency, which is a real estate-related legislation. Classes can be taken in state-approved real estate schools, colleges, and universities, among other places. Many brokers have a preferred school or suggestions for you, but you may also look into programs at community schools and universities in your area to see if they are available. Many will offer real estate programs, and some credit may be granted for courses taken in jurisdictions other than Louisiana, depending on the institution. For additional information, please contact the LREC.
- 4 Submit an application for a license with the LREC. Applicants must submit documents showing that they have completed the pre-licensure educational requirements, as well as information enabling for a criminal background check to be conducted on them. In addition, you will be required to pay a charge of $90 to the LREC in order to apply.
- If you want to submit your completed application and money to the Louisiana Real Estate Commission, PO Box 14785, Baton Rouge, LA 70898-4785, you will get clearance to take the license exam once your application has been accepted. You will be issued an Examination Authorization Form at this time, which will be valid for 90 days from the date of issuance.
- 1 Make an appointment for your exam. The Louisiana Real Estate Commission partners with a business called PSI to administer real estate tests. Registration documents and a fee ($85 for a salesperson, broker, or instructor test) must be sent to PSI in order to schedule an exam. After that, PSI will give you a confirmation notice saying that you are authorized to arrange your exam. After that, you may contact PSI to schedule an appointment to take the exam.
- Testing is available in test centers around the state (Metairie, Baton Rouge, Lafayette, Lake Charles, and Shreveport) from Tuesdays through Saturdays
- The tests are administered in both English and Spanish. There will be no walk-in registration on the day of the exam
- However, online registration is accessible. You must notify PSI at least two full business days before the planned testing date in order to get a fee refund if you must reschedule your exam after you have scheduled an appointment.
- Use the guideline to help you prepare for the test. The salesperson test consists of 135 questions, with 80 questions covering the national element and 55 questions covering the state section. Eminent domain and property taxes are among the issues covered in the national component of the course, as are various forms of liens and mineral rights. Meanwhile, questions on particular legislative requirements, conflicts of interest, and the Louisiana civil law system are included in the state section of the test.
- An thorough outline of each component of the exam may be found at this link on the PSI website. The outline is an excellent study tool since it ensures that you are covering all of the material that will be covered on the test.
- 3 Prepare for the exam by reading the material. Preparation for the exam is essential, because passing requires a grade of at least 70 percent on the national section of the exam and at least 73 percent on the state portion of the exam
- Thus, you must prepare thoroughly.
- Instead of cramming for hours on end the night before your exam, schedule many 45- to 60-minute study sessions during the week leading up to it. If you study the content over time, you will retain more of the information. Mark each area of the exam outline as you complete it, indicating that you have mastered the content. Schedule your exam when you have completed all of the tasks on your list. Taking notes while studying or underlining important passages are effective methods of marking topics to revisit in the days leading up to the exam.
- 4 Collaborate with colleagues and peers to complete your research. Having a conversation with someone you know is a wonderful method to prepare for the exam. For example, the broker who is sponsoring you is likely to have some professionals who will be willing to sit down with you and give you some pointers on how to prepare for the test. Make advantage of it as a resource wherever possible.
- As an additional option, consider forming study groups with others who are or were in the same courses as you. If you study in a group, you will be more likely to recall the material as long as everyone remains attentive. In addition, someone else may grasp an idea better than you do, just as you may understand something they do not understand
- 5 Go ahead and take your exam. Make sure to arrive at least 30 minutes early on the day of your scheduled test and to have all of your required documentation with you. You’ll need two kinds of identification with your signature on them, one of which must have a photograph, as well as two means of payment. Additional documentation will be required, such as the original copy of your Examination Authorization Form.
- 5 Go ahead and take your test or quiz. Please arrive at least 30 minutes before your planned exam time and ensure that you have all of your required documentation with you. In order to enter the country, you will require two kinds of identification, one of which must have a photograph. The original copy of your Examination Authorization Form will also be required
- 6Consider purchasing mistakes and omissions insurance. Following your successful completion of the exam, you will be required to get errors and omissions insurance before your broker can consider sponsoring you. Essentially, this insurance is a sort of liability insurance that protects you (and your organization) in the event that you make an expensive mistake. It is possible to apply for this form of insurance with the majority of major insurance firms, albeit your broker may have a favorite insurance provider. 7 Complete the sponsoring process. As a result of your passing the exam, you may now officially be sponsored by your broker firm. Your results of the exam should be sent to your sponsoring brokerage firm. In addition, you’ll be required to present evidence of insurance to your employer. Following that, your broker should be willing to take you on as a client.
- 6Insure yourself against mistakes and omissions. You’ll need to obtain errors and omissions insurance before your broker will sponsor you once you’ve passed the exam. To put it simply, this insurance is a sort of liability insurance that protects you (and your organization) in the event that you make an expensive mistake. It is possible to apply for this form of insurance with the majority of major insurance firms, however your broker may have a recommended insurance provider. 7 Complete your sponsorship by submitting an application. Now that you’ve passed, your broker firm will be able to formally sponsor you. In order for your grades on the exam to be communicated to your sponsored broker, In addition, you’ll be required to present evidence of insurance to your employer as well. Afterwards, your broker should be eager to take you on as a client.
- Louisiana has five vendors who are approved to provide continuing education. They are Bob Brooks School of Real Estate and Insurance, Inc. (in person or via distance learning), Burk Baker School of Real Estate and Appraising, LLC (via distance learning), Donaldson Educational Services, LLC (via distance learning), ProEducate (via distance learning), and Gardner Realtors® (via distance learning) (live). For further information about the courses, you should contact the institution directly. You have the option of taking classes in person or online, depending on your schedule.
- 2 Maintain your compliance with continuing education standards. All licensees are required to complete 12 hours of continuing education each year, with 4 hours of those hours being in the yearly mandated subject, according to the LREC. These hours must be completed before your license renewal application may be submitted.
- Follow through on your continuous education obligations. 2 All licensees are required to complete 12 hours of continuing education each year, with 4 hours of those hours being in the yearly mandated topic, according to the Louisiana Real Estate Commission. Before completing your license renewal application, you must fulfill the required hours.
- 3Apply for a broker’s license. Following the successful completion of your salesperson training, you may be interested in pursuing a career as a broker. To be eligible for a broker license, you must have been actively licensed as a real estate salesperson for at least four years and have completed 150 classroom hours of authorized education approved by the Louisiana Real Estate Commission. After that, you must pass the broker’s examination.
Apply for a broker’s license if you want to be a broker. Following the successful completion of your salesperson certification, you may choose to pursue a career as a broker. If you have been actively licensed as a real estate salesperson for at least four years and have successfully completed 150 classroom hours of instruction recognized by the LREC, you are eligible to apply for a broker license. It is necessary for you to pass the broker’s examination after that.
- Is it possible to become a real estate agent in Louisiana without having a college degree? Question Yes! Most states simply demand a high school diploma and 90 hours of real estate training
- Louisiana (and most other states) do not require any formal education. Question How much does a real estate agent make? According to the state of Louisiana, the amount of money a realtor earns varies depending on the sorts of homes they sell as well as the number of properties they sell each year. Question Is it possible to work as a realtor without a high school diploma? In order to earn your real estate salesperson’s license in the state of Louisiana, you must either have a high school graduation or an equivalency degree. Question If you have a real estate broker’s license, does it contribute towards the minimum hours to become a salesperson in Louisiana? For a broker license in the state of Louisiana, you must have worked as a professional real estate salesperson for a minimum of four years before applying for one. Because you must first acquire sales experience, obtaining a broker license does not count toward becoming a salesman. Question Is it possible for me to hold dual state licenses? Yes. Check with the state licensing board in each state where you desire to obtain a license because the standards differ from one state to the next. Louisiana, in particular, has some unique real estate rules, owing to the fact that most of the state’s legislation was based on Napoleonic legislation. Other states may demand a different level of education than what is required in this state.
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- If you submit confirmation of completing a comparable licensing test within five years of the date of application for a license in Louisiana, you may be excluded from the national component of the exam, according to the Louisiana Real Estate Commission. Many people find it beneficial to take real estate exam preparation classes in addition to the requisite schooling. Always check to see if the real estate school and courses you pick are approved by the state of Louisiana before enrolling.
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Applicants for the LREC must complete 90 hours of pre-licensing education from a state-approved real estate school. The curriculum must include the following elements:
- Principles and practices of real estate
- The law of agency
- And other topics. Rules and regulations of the Commission
- Legislation governing real estate licenses in Louisiana
- Civil law as it relates to real estate transactions
Principles and practices of real estate; the law of agency; and more. Rules and regulations of the Commission. Legal requirements for obtaining a Louisiana real estate license. In the context of real estate, civil law is applicable.
Who is Eligible to Become a Real Estate Agent in Louisiana?
A high school diploma or an equivalent credential such as a GED is required to be eligible for a Louisiana real estate license. You must also be at least 18 years old. You will also be subjected to a background investigation.
What Else Do I Need to Do to Earn My Louisiana Real Estate License?
Aside from passing the requisite pre-license education, you must also demonstrate the following abilities:
- Complete a background check by having your fingerprints taken
- Pass the real estate salesperson licensure test
- Submit an application for a license
- Locate a broker who will act as a sponsor. Make sure you have Errors & Omissions (E O) insurance.
What is the Louisiana Real Estate Licensing Exam Like?
To be eligible to sit for the exam, you must first complete the original licensing application, then produce proof of completion of your pre-license application, as well as pay the appropriate costs. The licensing exam is administered at numerous sites around the state by PSI, a third-party testing firm. It comprises of a total of 135 questions, which are divided into two sections: national and state-specific. To finish the 80-question national section, you’ll have one hour and 45 minutes; to complete the 55-question state component, you’ll have an hour and fifteen minutes.
If you fail, you’ll receive a diagnostic report detailing your performance on each topic, allowing you to focus your study efforts on those areas for your future attempt. After passing both sections of the state licensing test, you have one year to submit your application for state license.
What Are the Real Estate Post-Licensing Requirements in Louisiana?
Additional training may be required in some areas, such as Louisiana, after you have your license. This is referred to as post-licensing. Louisiana requires that you complete 45 hours of authorized post-licensing education within 180 days after receiving your original license in order to maintain your new license. The following subjects are included in the compulsory curriculum:
- Commercial real estate
- Property valuation
- Agency and brokerage
- General contract law and contracts used in Louisiana
- Real estate leases, mortgage loans, working with buyers, commercial real estate
- General contract law and contracts used in Louisiana Errors and omissions (E O) insurance for real estate transactions
- Important Concepts in Property Management
- Fair Housing
- The Independent Contractor Guidelines, Co-Broker Agreements, and Antitrust
- Environmental Hazards
- Home Inspections
- Closing Dates
- Real Estate Technology
- Advertising Rules and Regulations
- Real Estate Technology
How Often Does a Louisiana Real Estate License Have to Be Renewed?
Louisiana real estate licenses must be renewed every year by midnight on December 31st, or they will be automatically lapse.
What Are Louisiana’s Continuing Education Requirements for Real Estate?
If you want to keep your Louisiana real estate license active, you must complete 12 hours of continuing education every year. Continuing education courses must be done through a recognized continuing education provider, such as us. Every year, the LREC selects a new necessary topic for discussion. This equates to 4 hours of continuing education credit. Make sure to select a course that has been particularly tailored to fulfill Louisiana’s necessary credit requirements. The requirement will not be satisfied by all courses on the selected topic.
If you are in your first year of licensing, you will not be required to complete elective courses because of your post-licensure education.
What Kind of Jobs Can I Get with a Louisiana Real Estate License?
An active real estate license in Louisiana may lead to a variety of rewarding employment, including the following:
- Residential real estate agent, commercial real estate agent, real estate broker, and property manager are all examples of real estate professionals.
Likewise, depending on the role you play, the sort of real estate you specialize in, and the type of customer you serve, there are a plethora of specialities and niches you may fill. Some niches are more lucrative than others in terms of pay. These frequently necessitate the acquisition of additional licenses or certificates. Based on pay statistics from the Bureau of Labor Statistics for 2019, you may get a general idea of how much money you can make in Louisiana:
|Job Title||Average Hourly Wage||Average Yearly Wage|
Because real estate is primarily a commission-based profession, your ability to generate money will be directly proportional to your ability to close sales. Some agents earn far less than the national average. The 90th percentile of sales agents in Louisiana, on the other hand, earns an annual salary of $ 80,040. For additional information on alternative career prospects, prospective specialities or niches, and the commission-based compensation structure, please see our Resources page.
How to Become a Real Estate Agent in Louisiana
Louisiana real estate licensing is rather basic, although it does need some preparation and forethought on the part of the prospective licensee. It is necessary to complete a total of 90 classroom hours of commission-approved prelicensing courses, as well as pass an examination and undergo a background check, as well as be sponsored by a brokerage. So let’s get started with the steps.
1. Meet the State of Louisiana’s Legal Requirements
A few fundamental qualifying conditions must be met in order to obtain a real estate license in the state of Louisiana. You must be a citizen or lawful resident of the United States, be at least 18 years old, and hold a high school diploma or GED to be eligible. What if I told you something you already knew? In all, Louisiana has complete reciprocity agreements with nine states. These states are as follows: Alabama; Arkansas; Colorado; Georgia; Mississippi; New Mexico; Oklahoma; Pennsylvania; Tennessee; and Virginia.
As a member of the cooperative portability network, Louisiana permits real estate professionals from other states to come inside its physical borders in order to conduct business in the state without first obtaining a Louisiana license.
More information about real estate license portability in Louisiana may be found in our guide on real estate license reciprocity and portability, which can be found here.
2. Complete Required Prelicensing Courses
In order to begin the process of becoming a licensed real estate agent in Louisiana, you must first enroll in 90 hours of pre-licensing courses. Courses can be completed in a classroom setting, online through an approved real estate school, or by correspondence. Prelicensing courses in the Bayou State can range in price from $195 to $795, depending on the real estate school and the sort of instruction you want to pursue. The courses cover the following topics:
- Property ownership
- Land use laws and regulations
- And other related topics. Valuation and market analysis
- General principles of agency
- Disclosure of property
- Valuation and market analysis Leasing and property management are two of our specialties. Transfer of ownership
- Real estate business practice
- Calculations pertaining to real estate
- The LREC’s responsibilities and powers
- Regulatory Requirements for Governing the Activities of Licensees as Specified by Statute
- Louisiana Civil Law System
- Louisiana Law of Agency
- Louisiana Civil Procedure Code
Inheritance; Land use limits and regulations; Property ownership; In this section, you’ll learn about valuation and market analysis, financing, general agency principles, disclosure of property, and contracts. Leasing and property management are two of the most important aspects of our business. Title is transferred. In the real estate industry, Calculations in real estate The LREC’s responsibilities and authority; Licensees’ activities are governed by the requirements of the law. a civil law system in Louisiana; the law of agency in Louisiana a
3. Take the Louisiana Real Estate Exam
You must first create an account on the MyLREC Portal and submit a few papers before you can register for the Louisiana real estate pre-licensing examination. A total of three hours is required to finish the test, which is divided into two sections: the National component and the State portion. If you fail the National or State component of the test, you will not be required to repeat the entire exam in order to pass. You will, however, be required to reapply for examination eligibility with the LREC and pay a $15 fee in order to reschedule your subsequent try.
Louisiana Real Estate Exam Details
After you have completed all of your courses and passed the final test for your online program, you must apply for and receive clearance from the Louisiana Real Estate Commission (LREC) before scheduling your Louisiana real estate exam. Send your certificate of course completion and theSalesperson License Application – Part A, together with a $90 processing fee, to the MyLREC Portal. In most cases, it takes between four and twelve weeks for an application to be reviewed and granted. Your approval to schedule your Louisiana real estate licensing exam will be confirmed through email after your application has been accepted.
You may reach out to PSI through phone, fax, mail, or email, among other methods.
Following the creation of an account, you will be able to search for available venues and exam dates, as well as pay the $85 exam price.
It provides high-quality test preparation at a reasonable cost. Even better, it provides a money-back guarantee in the event that you do not pass on your first attempt. Real Estate Exam Scholar is a website worth visiting.
4. Order Your Background Check
As soon as you have completed all of your courses and passed the final test for your online program, you must apply for and receive clearance from the Louisiana Real Estate Commission (LREC) before scheduling your state-level real estate examination. Please submit a certificate of course completion and theSalesperson License Application – Part A, together with the $90 application fee, using the MyLREC Portal. An application is typically handled and accepted between four to twelve weeks on average.
- PSI, a leading provider of state licensing examinations, will administer the real estate exam.
- Create an account and register on the PSI Exams website, on the other hand, is substantially faster and more convenient.
- The Real Estate Exam Scholar’sExam Prep course is a great resource if you need assistance studying for the test.
- If you don’t pass the exam on your first attempt, it also provides a money-back guarantee.
5. Pick a Company to Work For
In order to keep your Louisiana real estate license valid, you must identify a sponsoring real estate brokerage with whom to associate your license and keep it active. Check out our in-depth advice on how to choose the best real estate business to work for if you want to make your decision a little bit simpler. Despite the fact that there are other profitable brokerages in Pelican State, the following list has the top five brokerages reported for the year 2021. Real Trends2021 data is used in this analysis.
Louisiana Cities With Highest Median Sales Price 2021
Inflation-adjusted house prices translate into bigger commission checks. Check out the sales statistics from Towncharts.combelow to get a feel of which cities are bringing in the most money in the Pelican State:
6. Apply for Your Louisiana Real Estate License
All Louisiana real estate professionals are required to obtain errors and omissions (E O) insurance in order to maintain an active license. E O insurance is meant to safeguard real estate enterprises from mistakes and is required by law. LREC has a solid working relationship with Rice Insurance Services Company (RISC), through which you may obtain a group insurance coverage. In the case of RISC, monthly prices begin at $136 and reduce to $17 per month over the course of a calendar year. Alternatively, you can select your own supplier and submit theIndependent Errors and Omissions Coverageform to the appropriate authorities.
Salesperson License Application – Part B is the final form you’ll need to submit with your application.
What if I told you something you already knew?
When submitting an application, it is preferable if candidates disclose their criminal background, as well as any supporting documentation linked to the conviction (if any).
Following the submission of fingerprints, the application is transmitted to the Division of Criminal Justice Information Systems and the Federal Bureau of Investigation (FBI). Following an inquiry, each candidate will be evaluated on his or her individual merits.
7. Start Your Louisiana Real Estate Career
As a result of your education on how to become a real estate agent in Louisiana, you are now prepared to embark on your real estate career. See ourTop 25 New Real Estate Agent Tips from the Prosor14 Real Estate Agent Tips for 2021for additional information on how to jump-start your career as a real estate agent.
How to Get a Louisiana Real Estate License
Table of Contents +Table of Contents – Table of Contents Obtaining your Louisiana Real Estate License is the first step in becoming a licensed real estate agent in the state of Louisiana. In today’s world, you may complete this process practically entirely online. However, you will still need to appear in person for your licensure exam, but the rest of the procedure may be performed completely online! This article walks you through the steps necessary to obtain your Louisiana Real Estate License in an easy-to-understand, step-by-step fashion.
How to Become a Real Estate Agent in Louisiana
To become a licensed real estate agent in Louisiana, all you have to do is obtain your license, locate a broker sponsor, and begin working in the real estate industry! As long as you meet the standards listed below, you will be well on your way to achieving your objective.
Louisiana Real Estate License Requirements
In order to become a real estate affiliate in Louisiana, you must meet the following requirements:
- A citizen of the United States or an immigrant lawfully admitted to the country is required
- You must be at least 18 years old. A high school diploma or a general education development certificate (GED) is required.
How to Get Your Louisiana Real Estate License
To begin, you must successfully finish a 90-hour pre-licensing course that has been approved by the state. The majority of people opt to complete their pre-license education course online. The majority of online courses are self-paced, and they provide study tools such as real estate sample examinations and flashcards, among other resources. Some courses even include a “guarantee” that you will pass the test on your first try if you finish the course requirements in full. All of these advantages are contingent on the education provider and package you select, so be sure to enroll in the course that best meets your goals and requirements.
StateRequirement suggests the following courses and study materials for real estate license exams: The final pre-license test does not need to be overseen by a proctor, according to the CE ShopLouisiana policy. This is not the same thing as the state test in any way. You will take this exam, which will be issued by your pre-license education firm, to demonstrate that you have finished and retained the content from your pre-license education course. Closed-book and closed-note exams are administered, similar to the state examination.
Step 2. Real Estate Salesperson License Application
Once you have finished your pre-license course, you must complete and submit your Salesperson License Application Part A, together with the applicable cost, to the Department of Motor Vehicles.
This application has a $90 charge associated with it. The following is a breakdown of what you will be charged:
- The first licensing price is $45
- The Research and Education Fund charge is $10
- The Recovery Fund fee is $10
- The Application Processing fee is $25
- And the Recovery Fund fee is $10.
Licensing fees are as follows: initial license cost of $45; fees for the Research and Education Fund and the Recovery Fund are each $10; application processing fees are each $25; and application processing fees are each $10.
Step 3. Louisiana Real Estate License Exam
The first licensing price is $45; the Research and Education Fund charge is $10; the Recovery Fund fee is $10; the Application Processing fee is $25; and the Recovery Fund fee is $5.
How Hard is the Louisiana Real Estate Exam?
The passing percentage for the Louisiana Real Estate Salesperson Exam is 70 percent, according to the most recent data. This test has been designed to be challenging, but not impossible to pass. Make sure to pay close attention during your pre-license training and to treat your learning as a serious endeavor. We are confident that you will pass your exam on your first try if you put out the necessary effort. The PSI Louisiana Real Estate website has information on how to register to take your exam.
Check out StateRequirement’s instructions on how to pass the real estate exam before you sit for the test.
Step 4. Fingerprinting and Background Check
Following successful completion of your test, you will be required to complete your fingerprints and background check. A background check is required by the Louisiana Real Estate Commission before any candidate may be licensed as a real estate agent in the state of Louisiana, according to the commission. The LREC has contracted with Clearbox, LLC to perform criminal background checks on each first license application in order to guarantee that this information is received in a standard, consistent manner and with a degree of quality that is sufficient to fulfill this criterion.
- The background check procedure will begin as soon as your fingerprints are completed and turned in.
- During this process, they may contact you to ask for further information or paperwork to help them clear up any issues that have been discovered.
- AFelony Applicant form should be filled out and submitted if this is the case in your situation.
- Mailing your documents to the Louisiana Real Estate Commission at 9071 Interline Avenue, Baton Rouge, LA 70809 is also an option.
Applicants who have been convicted of a felony may be required to appear for a hearing at a regularly scheduled Louisiana Real Estate Commission meeting, at which the Commissioners will make a final judgment on whether or not to grant initial license to the applicant.
If you are unsure whether or not you are qualified for a real estate license based on your past, read our article on Real Estate License Eligibility to find out more information.
Step 5. Obtain Errors and Omissions Insurance
Errors and omissions insurance is required for all active licensees, regardless of their industry. By submitting payment in the proper amount based on the pro-rated premium chart on the Initial Real Estate License Application Part B form, you will be able to acquire your E O Insurance through the LREC group insurance. In addition, you have the option of purchasing your E O from a source other than the LREC group insurance. If you pick this option, you will be required to complete and submit an Independent Errors and Omissions Insurance form to the appropriate insurance company.
Step 6. Application Review
Following your passing the exam and fulfilling the requirements of the checklist, all you have to do now is wait for your license to be granted. This procedure should take between 5 and 10 working days in the majority of situations. You can see if your license is still active by using the LREC Verify License Search. If you have any questions at this stage, you should contact the Louisiana Recreation and Tourism Commission at (225) 925-1923 or [email protected]
Don’t forget to take some time to recognize and appreciate your achievements. Your hard work and dedication have earned you a well-deserved celebration!
Step 7. Real Estate License Sponsorship
In order to have your license activated, you must be sponsored by a licensed real estate broker in the state of Louisiana. Complete and send the Sponsorship Affidavit Form (Part B of the Initial Real Estate License Application) to the following postal address: Initial Real Estate License Application – Part B. The Louisiana Real Estate Commission is located at 9071 Interline Avenue in Baton Rouge, Louisiana. If you do not currently have a broker with which to collaborate, you might look into StateRequirement Jobs to see if there are any real estate salesperson positions available in your region.
Louisiana Post-Licensing Education
In order to maintain their license, all first licensees must complete 45 post-licensing education hours within 180 days after receiving their original license.
There’s a potential that your pre-license education package included these post-license courses as part of the package, so double-check before purchasing another course. For access to these courses, please see StateRequirement’s recommended post-license education provider for further information.
Louisiana Real Estate License FAQ
All fees in Louisiana are as follows: $360 Pre-licensing education in real estate (estimated cost): $269-$484. To obtain a Louisiana Real Estate license, the total projected cost is between$760 and $970.
How Long Does it Take to Get a Louisiana Insurance License?
There are no additional costs in Louisiana. $360 Approximately $269-$484 for real estate pre-licensing education. Get a LouisianaReal Estate license is projected to cost between $760 and $970 in total.
How to Get a Louisiana Commercial Real Estate License
In order to sell commercial real estate in Louisiana, you only need a normal Affiliate Broker or Broker license, which is not difficult to obtain.
There is no “business real estate license” in the traditional sense. If you want to pursue a career in real estate sales, especially commercial real estate, choose a broker that specializes in the sorts of transactions that you want to be a part of.
Are There any Real Estate Jobs Open Around Me?
To see available real estate opportunities in your region, visit StateRequirement Jobs.
LREC – Louisiana Real Estate Commission
Louisiana Real Estate Commission 9071 Interline Avenue Baton Rouge, LA 70809 Phone: (225) 925-1923 Mailing Address:Louisiana Real Estate Commission 9071 Interline Avenue Baton Rouge, LA 70809Phone: (225) 925-1923 Email:[email protected] Website: The information on this page has been compiled from a variety of sources, with the most recent update being made in December of this year. Neither the accuracy nor the timeliness of the information included on this site can be guaranteed nor assured. StateRequirement, its members, and affiliates are not liable for any damages, whether monetary or non-monetary in character.
For further information, please contact the insurance regulatory body in your state.
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