Where To Get Your Real Estate License? (Correct answer)

What are the steps to getting a real estate license?

  • The first step in getting a real real estate license is to take a 30 hour class in preperation for the real estate exam and then take the exam. After the exam there are two more courses each is 30 hours long.

Contents

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 do I become a real estate agent in Washington DC?

Five Steps to Becoming a Real Estate Agent in Washington DC

  1. Do your research on the Washington DC real estate market.
  2. Complete 60 hours of official pre-licensing classes.
  3. Pass the Washington DC real estate exam.
  4. Choose a broker to sponsor you.
  5. Apply for a Washington DC real estate license.

Is real estate a good job to get into?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

Do real estate agents 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 DC real estate exam hard?

How Hard is the Washington DC Real Estate Exam? The passing rate for the Washington DC Real Estate Salesperson Exam is 75%. This test is purposefully difficult, but not impossible. Be sure to pay attention during your pre-license course and take studying seriously.

How long does it take to get a real estate license Washington?

You must successfully complete 90 hours of approved real estate education within a two-year time frame before you can take the broker’s exam. The 90 hours of education must consist of a 60-hour course in Real Estate Fundamentals and a 30-hour course in Real Estate Practices.

How much is a DC real estate license?

How much does it cost to get a DC real estate license? The fee to take the District of Columbia real estate exam is $61.50. The application fee for the DC real estate license is $255.

Is real estate a dying career?

Real estate isn’t a dying career. In fact, there are more real estate agents in 2021 than perhaps ever before. However, the field is changing dramatically, with the advent of online marketing, VR and virtual tours, and easy online paperwork.

Why I quit being a real estate agent?

Most new real estate agents quit their first year because of the emotional toll of “fear of failure” and rejection. Nobody likes to feel rejected. Rejection is part of the job but remember that people are not rejecting you. They are rejecting the notion of buying or selling at that time.

What type of Realtors make the most money?

Real Estate Broker A real estate broker is permitted under law to negotiate and organize real estate dealings. A career as a real estate broker is one of the highest paying and lucrative professions in the real estate industry. On average, experienced brokers take home a six-figure pay.

How many houses do I need to sell to make 100k?

How many houses does an agent have to sell to make $100,000 a year? If you are selling $100,000 houses and paying 40 percent of your commission to your broker you would have to sell over 50 houses a year to gross $100,000 a year.

Is real estate a good career in 2020?

The real estate market is ever-shifting. The fluctuations within the real estate market have been worse in 2020 due to the COVID-19 pandemic that has caused many sellers to pull off their listings and interest rates to hit a record low. Still, we believe it’s a good time to become a realtor.

How to Get A Real Estate License

Once you’ve learned about your state’s licensing and education requirements, you’ll need to enroll in and finish a real estate pre-license training course. Keep the following in mind:

  • It is critical to enroll in a school that is accredited and licensed in your jurisdiction. Depending on whether you hold a degree in real estate, are a licensed attorney, or hold a real estate license in another state, your education requirements may change. Please consult with your state’s Real Estate Commission to learn more about the rules in your area. You must get official real estate transcripts or a certificate of completion from the school once you have completed your course work, since they will be necessary for your license application after you have graduated. In most states, you may print them from the comfort of your own home.
File the application and pay the fees

To receive your real estate license, you must first complete the real estate licensing application and pay any fees that may be required by your state. Almost every state’s website includes links to applications and cost information. Customers of Real Estate Express may access their Student Tools, which contain crucial information and links to resources, through their Real Estate Express account. In order to properly file your application and pay your fees, you’ll need to be aware of the following information.

  • If you are obliged to purchase Errors and Omissions (E O) insurance prior to applying, you must do so by the filing deadline. If you are required to submit to a background check and fingerprinting before to applying, please let us know. If you need to have a sponsoring or managing broker in place before submitting your application, you should do so as soon as possible.

How to Become a Real Estate Agent

Are you considering a career as a real estate agent? You’re in excellent company. Every month, around 17,000 people in the United States look up “how to become a real estate agent” on Google as they ponder becoming one of the estimated 2 million active real estate licenses in the country.

Key Takeaways

  • Depending on where you reside, you can complete the requirements to become a real estate agent in four to six months. Prelicensing lessons that may be completed online might expedite the process. The requirements differ from state to state, but the fundamental stages are as follows: complete a real estate prelicensing course, pass the licensing test, activate your license, and join a brokerage
  • Realty agents who are members of the National Association of Realtors (NAR) are the only ones who are allowed to use the title Realtor. All Realtors are required to adhere to the rigorous Code of Ethics established by the National Association of Realtors.

Why Become a Real Estate Agent?

It is quite rewarding to work as a real estate agent since it provides so much diversity. You will not be performing the same thing every day because you will have various clients and different homes. You will have the opportunity to meet and work with a diverse range of individuals, will be your own boss, and will derive great satisfaction from assisting buyers and sellers through one of life’s most important milestones. Money may be a positive factor as well. Real estate agents earn an average of $51,220 a year according to the Bureau of Labor Statistics’ most recent available data for 2020 (the most recent year for which data is available).

In all, the top ten percent of agents will make more than $112,410 in 2020, with some agents earning far more than that figure.

Get your real estate license is a reasonably simple and economical procedure when you compare it to other occupations with comparable earnings potential—and you don’t need a college degree to do it.

Steps to Becoming a Real Estate Agent

If you want to become a real estate agent, you’ll need to make an initial financial and time commitment, both of which can vary depending on where you obtain your license. Despite the fact that particular regulations vary from state to state, the following is a broad overview of how to become a real estate agent.

Step 1: Research Your State’s Requirements

Because there is no such thing as a nationwide real estate license, you must adhere to the specific licensing requirements of your state. Your state’s real estate regulatory office website, which you can access by conducting an internet search for “real estate regulatory office” or by visiting the Association of Real Estate License Law Officials (ARELLOregulatory )’s agency directory, is an excellent location to begin your study. Typically, each state has separate standards for the following:

  • Age
  • Educational requirements (such as a high school diploma or a GED)
  • And employment opportunities. Classes for pre-licensing and post-licensing requirements
  • Exams and eligibility to sit for exams
  • Process and fees for submitting an application
  • Obtaining criminal history information and fingerprinting
  • Education that is never-ending
  • How to move up to the next level of licensing certification
  • Providing information about criminal history

A reciprocal licensing agreement exists between certain states and other states, which implies that you may obtain your license in one jurisdiction and use it in another without having to sit a separate license test in both states. For example, New York has reciprocity agreements with nine states (some states only have reciprocity agreements with brokers): Arkansas, Colorado, Connecticut, Georgia, Massachusetts, Mississippi, Oklahoma, Pennsylvania, and West Virginia (some states only have reciprocity agreements with brokers).

Each state has its own method for acquiring a license through reciprocity, just as each state has its own process for obtaining a normal license.

Step 2: Take a Prelicensing Course

Pre-licensing courses from an approved real estate licensing school are required no matter where you reside before you can sit for the state-mandated examination for real estate licenses. The minimum amount of hours necessary varies from state to state. In California, for example, candidates must complete three real estate classes totalling 135 hours in order to obtain their license. The courses in New York and Georgia last 75 hours, whereas the courses in Florida last only 63 hours. Furthermore, in Texas, you must complete 180 hours of study.

It may be possible to save money (as well as time) by enrolling in one sort of class program rather than another, so it is worthwhile to search around for the best deal.

Additionally, before selecting a software, conduct thorough study and use caution.

Step 3: Take the Licensing Exam

If your teacher does not explain how to plan, register, and pay for the license exam, you should consult the website of your state’s real estate commission for further information. Typically, exams are computer-based and are divided into two sections: a national piece covering broad real estate concepts and practices, and a state-specific section that covers the laws of your particular state. All of the tests are in multiple-choice style, and the number of questions and the amount of time allocated for the exam differ from one state to the next.

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A retake of the test will be offered if you fail to pass one or both parts on your first attempt.

Step 4: Activate Your Real Estate Agent License

It’s time to submit your application to your state’s real estate regulating body, along with any supporting documentation and fees that may be necessary. The state will mail your real estate license certificate once your application has been granted, and your name will be searchable on the state’s website under the licensees’ area. Keep in mind that you are not permitted to act as a real estate agent until your license has been issued by the state’s real estate authority; therefore, you should wait until you have that license in your possession before getting started.

Step 5: Consider Becoming a Realtor

Despite the fact that many people use the phrases real estate agent and Realtor interchangeably, the two titles are fundamentally distinct. Realtors and real estate agents are both licensed to assist buyers and sellers throughout the real estate transaction process, but Realtors are members of the National Association of Realtors (NAR) and adhere to the NAR’s rigorous Code of Ethics, whereas real estate agents are not. The National Group of Realtors is the biggest trade association in the United States, with 1.3 million members who work in the residential and commercial real estate sectors as salesmen, brokers, property managers, appraisers, counselors, and other professionals.

Despite the fact that participation in the Realtor Association is voluntary, it may enhance your reputation as a real estate agent. Additionally, as a Realtor, you’ll have access to a number of advantages, such as:

  • There is a common misconception that the phrases real estate agent and Realtor are synonymous, however this is not true. Realtors and real estate agents are both licensed to assist buyers and sellers throughout the real estate transaction process
  • However, Realtors are members of the National Association of Realtors (NAR) and adhere to the NAR’s rigorous Code of Ethics, while real estate agents are not. A total of 1.3 million members, including salesmen, brokers, property managers, appraisers, counselors, and other players in the residential and commercial real estate sectors, are represented by the National Group of Realtors, the biggest trade association in the United States. Despite the fact that participation in the Realtor Association is voluntary, it might help you establish more credibility as a real estate professional. There are several perks available to you as a Realtor, including the following:

Examples include Realtors Property Resource (RPR), which is the biggest online real estate database in the United States, developed from public record and assessment information and available to Realtors only. A huge database of foreclosures is included as well as information on zoning regulations, building permits, mortgage and debt data, schools, and other relevant topics.

Step 6: Join a Real Estate Brokerage

A real estate agent works under the supervision of a supervising broker, who is licensed by the state to monitor real estate transactions and ensure that you (and the other real estate agents) adhere to all applicable legal and ethical requirements. In most cases, you will not be paid on an hourly basis. Instead, the brokerage will most likely give you a portion of the commissions it receives from your real estate transactions. Depending on the agreement you have with your brokerage, you may be required to pay for desk fees, technology expenses (for example, for your website), business cards, marketing materials, and other typical costs of doing business on a regular basis.

Because real estate costs may rapidly build up to several thousand dollars each year, it’s critical to incorporate them into your budget when evaluating whether or not a job in real estate is suited for you.

The Bottom Line

Obtaining a real estate license requires investment of both time and money, but it may pave the way for a successful career in the real estate sector. Remember that a job as a real estate agent may be as flexible as you want it to be if you put in the effort. You can choose to work only in the mornings three days a week, or you can choose to never work on weekends. The trade-off, of course, is that you will be far less likely to be successful as a result of this. Despite the fact that real estate agents can work part-time, the majority of successful practitioners handle the profession as a full-time business, making themselves available to customers throughout the week and on weekends.

You may also want to think about the range of real estate designations and certifications that are available, such as those that are particular to mortgages, appraisals, residential property, commercial property, and property management, among other areas of expertise.

How to Get a Real Estate License in 8 Steps

So you’ve made the decision to become a real estate agent, right? Congratulations! It’s time to get down to business. As of 2020, there were more than 1.46 million realtors in the United States, and that figure is expected to rise as the housing market continues to heat up in 2021. Because of the flexibility, autonomy, and, of course, the money, selling real estate is an appealing career choice for many people to pursue. Realtors earn a salary that is comparable to the national average of slightly more than $80k on average.

Once a real estate agent has met all of the requirements to get licensed in their state, the sky is truly the limit for them.

In this post, we’ll take you through every step of the process and explain what you can expect. Let’s get set to begin the process of selling property.

What is a real estate license?

A real estate license enables realtors to lawfully sell, broker, or rent real estate to potential renters and purchasers on their own behalf or on behalf of a real estate brokerage firm in certain circumstances. This activity necessitates the possession of a real estate license, and the conditions for obtaining one differ from state to state.

Real Estate License FAQ

According to the Bureau of Labor Statistics in the United States, Real Estate Agents earned an average salary of $83,886 dollars.

2. How long does it take to become a licensed real estate agent?

Depending on your state’s real estate licensing requirements, which generally include 40 – 150+ hours of formal education as well as preparing for and appearing for a licensing exam, earning a real estate license can take anywhere from three to six months.

3. How much does a real estate license cost?

The cost of obtaining a real estate license might vary based on where you choose to complete your needed education course, which can range from $300 to $1,000 in total. Your real estate license application, fingerprints and background check, as well as your state licensing test costs, will typically cost you between $100 and $200, so you should spend between $500 and $1,200 in total for your real estate license.

4. Can I get a real estate license online?

Yes, online courses are available in some states to help you complete your prerequisites. Most states, on the other hand, demand that the test be taken in person by a third-party examination provider.

5. Where do I take the real estate license exam?

If you want to take the real estate licensing exam, there will be specified cities and testing locations in your state, depending on your location. Once you have submitted an application to take the test, your local real estate commission will supply you with the necessary information.

6. What’s the difference between a real estate agent and a realtor?

If you want to take the real estate licensing exam, your state will designate specific locations and testing sites where you can do so. Following your application for the exam, your local real estate commission will send you the necessary information.

How To Get a Real Estate License

First and foremost, gain your bearings. In each state, the criteria for pre-licensing courses and license applications are distinct from one another. Consult with your local real estate commission to determine what steps are necessary to earn your license. The majority of states require:

  • Education at the college level on real estate fundamentals, including titles, deeds, contracts, and property ownership
  • And Permanent residence in the state in which the license application is being submitted
  • Minimum legal drinking age is 18 years old or older. Background investigation for criminal activity

Online and in-person courses are both accessible; however, your courses and school must be authorized by the state’s real estate licensing authority before they can be used to obtain your license. Before you spend your money on a real estate school, make certain that it is authorized and recognized by your state.

Real Estate License Reciprocity

Whether you’re already a licensed real estate agent who’s relocating across state lines, check to see if your new state has a reciprocity agreement with the state where your license was granted. If it does, take advantage of the arrangement. If you have a reciprocity agreement in place, you may already be in compliance with the pre-licensing criteria. This does not rule out the possibility of obtaining a license in your new state – it simply means that you may be able to skip a step or two in the licensing procedure.

In the event that you already hold an Idaho real estate license, you are not needed to complete real estate pre-licensing classes if you want to apply for a license in one of the other three states.

The United States has reciprocity agreements with several other countries.

If you’re interested in transferring your real estate license across state boundaries, read this guide to discover more about these arrangements. If you have a degree in real estate or if you are a registered attorney, you may be able to reduce your pre-licensing requirements even more.

2. Complete the education requirements.

Becoming a real estate agent necessitates a significant time and financial commitment. That means you’ll want to know ahead of time what resources you’ll need to budget for before you get started on your project. Some pre-licensing schools, for example, meet for a defined number of lessons over a period of several weeks, but others enable you to proceed through courses at your own speed throughout the year. Become familiar with your alternatives and select the one that best suits your lifestyle and schedule.

For your convenience, we’ve compiled a list of the amount of hours each state requires for necessary education for a real estate license, which is as follows:

State hours
Alabama 60
Alaska 40
Arizona 90
Arkansas 60
California 135
Colorado 168
Connecticut 60
Delaware 99
District of Columbia 60
Florida 63
Georgia 75
Hawaii 60
Idaho 90
Illinois 15
Indiana 90
Iowa 60
Kansas 30
Kentucky 96
Louisiana 90
Maine 55
Maryland 60
Massachusetts 40
Michigan 90
Minnesota 90
Mississippi 60
Missouri 48
Montana 70
Nebraska 60
Nevada 64
New Hampshire 40
New Jersey 75
New Mexico 90
New York 75
North Carolina 75
North Dakota 45
Ohio 120
Oklahoma 90
Oregon 150
Pennsylvania 75
Rhode Island 45
South Carolina 60
South Dakota 116
Tennessee 60
Texas 180
Utah 120
Vermont 40
Virginia 60
Washington 90
West Virginia 90
Wisconsin 72
Wyoming 54

3. Apply for the real estate licensing exam in your state.

Once you are confident in the material you have gained from your real estate courses, it is time to submit an application to sit for the examination. Payment of an application fee and registration for the exam through a third-party organization, such as PSI Exams, are often required for this phase. You are not necessary to finish all of your requisite school hours before enrolling for the test in several states, such as California. This can reduce the amount of time it takes you to acquire your license since you can finish your credit hours while waiting for your exam application to be authorized, which can save you time.

4. Pass your state licensing exam.

It appears to be straightforward, doesn’t it? There’s a good reason why each state wants you to complete schooling requirements before taking the real estate licensing exam. Making certain that you are appropriately prepared for the exam increases your chances of passing significantly compared to attempting to guess your way through the examination. The test will consist of roughly 100 multiple-choice questions that will cover national and state concepts and laws, as well as federal and state regulations.

Between 1.5 and 3.5 hours will be required to finish the licensure examination.

Remember to receive an official real estate transcript or certification of completion from your institution, as well as a copy of your exam score, to include with your real estate license application — which leads us to the next step.

5. Apply for your real estate license.

It is necessary to submit your test results together with your license application and application costs once you have successfully completed the exam. License application costs will range between $50 and $250, and you may also be needed to submit to a background check, which will cost between $40 and $100 if you are selected. Before you apply for a real estate license, check with your state’s real estate commission to see if you are required to carry Errors and Omissions (E O) insurance. Real estate agents are covered by professional liability insurance against financial losses and litigation filed as a result of their real estate business.

If you do not have this information, you may be asked to get it before submitting your application.

Additionally, you must be permitted to work in the United States, and many states need you to be a resident of the state in which you intend to work. Once you’ve filed your application, it will take anything from one week to two months for your license to be processed.

6. Find a real estate brokerage.

You now own a valid driver’s license. Great! However, this does not always imply that you can begin selling properties immediately. You are required to work with a real estate broker who will sponsor your first two to three years as an agent in the majority of states. Simply said, a real estate brokerage is an agency or office where real estate brokers are employed. A smart suggestion is to select a broker before graduating from your training course because you will almost certainly want a brokerage in order to make revenue.

The Three Types of Brokerages

The brokerage with which you work influences the type and volume of work you perform, the training and mentorship you get, and the corporate culture you are a part of on a day-to-day basis, among other things. The following are three types of brokerages that are commonly encountered:

1. National Franchises

Agents joining national franchises like Keller Williams Realty, RE/MAX LLC, and Coldwell Banker benefit from organized training, immediate name recognition, and access to more resources than they would otherwise have.

2. Boutique-Style Brokerages

Smaller or more local brokerage firms may be able to give more individualized training as well as greater opportunities for growth and progress.

3. Virtual Brokerages

A new sort of real estate brokerage has emerged as a result of SaaS, or Software as a Service. This new style of brokerage is fully online. Working with a virtual brokerage has several advantages, including bigger commission splits (more on that below), reduced desk fees (the amount you pay your brokerage for desk space), and superior technology.

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Company Culture

You need to like your work environment and the people with whom you collaborate, therefore here are some questions to ask:

  • What courses or training does the brokerage demand for new agents? Do they have a mentorship program for new agents? Do they require hours of “floor time” or work for other agents? What method is used to deliver leads
  • If so, will you be expected to do all of your own marketing?

Three Common Types of Commission Structures

Before agreeing to a brokerage’s offer, be certain that you understand the commission structure. The following are three examples of frequent structures:

1. Traditional Split Plans

You will receive 50% of the commission, with the remaining 50% going to your brokerage firm. Typically, these programs are accompanied with minimal or no desk costs, depending on the plan.

2. High-Split Plans

However, you will receive a bigger proportion of the commission — ranging from 70% to 100% — but these commission programs are frequently coupled by expensive monthly desk costs.

3. Hybrid Plans

These plans are a combination of the characteristics of the two designs indicated above. Hybrid programs typically provide agents a 70 percent share at the start of the year, with the percentage increasing to 100 percent if the agents achieve specific financial targets. In addition, some bigger franchises impose “franchise fees,” which can range from 5 percent to 8 percent of the total sales price. Inquire with potential employers about any additional costs that will be deducted from your commission so that you are fully aware of what you are agreeing to.

7. Join the National Association of Realtors (NAR).

You’ve obtained your license and found a sponsoring agency, which means you’re now a licensed realtor, is I correct? Still (kind of) in the wrong. While not required by law, membership in the National Association of Realtors (NAR) is required in order to call oneself a REALTOR®. You will also need this designation if you intend to join in most Multiple Listing Services, often known as MLS, which enable you to view the listings of other realtors.

In the absence of NAR membership, you can claim the title of real estate agent and lawfully work in the sector; nevertheless, your earning potential is restricted since you do not have access to the Multiple Listing Service (MLS).

8. Renew your license regularly.

It takes a lot of effort to obtain your real estate license, so make sure you renew it on a regular basis. Check your state’s criteria to find out when your license will expire so you can plan ahead. This occurs every two to four years, on average. The majority of states require agents to complete a specific amount of course hours in order to be eligible for renewal every few years – anything from 8 to 90 course hours. These additional courses guarantee that you are up to speed on the ever-changing national and state marketplaces as well as regulatory requirements and requirements.

Your Real Estate License Is At Your Fingertips

Becoming a real estate agent is a significant choice that demands a significant investment of time, attention, and devotion. However, the outcome is nearly limitless earning potential as well as the chance of being your own boss in the future – two things that many salesmen find appealing. As Realtor Alicia Turner advises prospective agents: “Success doesn’t come overnight, so be devoted and persistent throughout the process – it will certainly pay off!” Does this sound like something you’d be interested in learning about?

This material is not intended to provide legal advice.

Note from the editor: This piece was initially published in December 2018 and has been modified to ensure that it is as complete as possible.

on September 13, 2021, and modified on September 13, 2021.

Become a Real Estate Sales Agent

A sales agent is a person who has been licensed by the Real Estate Commission to operate as an agent on behalf of a real estate broker and their customers in the sale of real estate. It is necessary for a sales representative to be sponsored by a licensed broker in order to provide any type of real estate services.

Qualifications

  • A citizen of the United States or an alien who has been legitimately admitted to the country
  • The ADACArecipient does not meet the definition of a legally admitted immigrant.
  • Applicants must be 18 years of age or older, and they must meet TREC’s requirements for honesty, trustworthiness, and integrity.
  • Consider seeking aFitness Determination before submitting an application for a driver’s license.

Requirements

To be eligible for a license, you must satisfy all of the conditions listed below within one year of the day your application is submitted. The Application State Tracker allows you to keep track of the current status of your application.

File Your Application

Use our Online Services to submit your application and pay the cost to become a Sales Agent. For those of you who do not yet have a username and password for our Online Services, you can create one right now.

Apply by Mail

If you want, you may also submit a paper application for your Sales Agent license through our website. Take your fingerprints and ensure that you pass the background check. According to Texas law, you must have your fingerprints taken and stored with the Texas Department of Public Safety (DPS) in order for a background check to be done. Fingerprints that have already been submitted to other agencies will not be accepted. If the background check does not pass, the license will not be issued to the applicant.

If you are alerted that an inquiry into your background history is underway, you should expect a delay. Submit Your Qualifying Education Documentation 180 classroom hours in one of the qualifying real estate courses from the list below:

  • Coursework includes Principles of Real Estate I (30 classroom hours), Principles of Real Estate II (30 classroom hours), Law of Agency (30 classroom hours), Law of Contracts (30 classroom hours), and Principles of Real Estate III (30 classroom hours). Promulgated Contract Forms (30 classroom hours)
  • Real Estate Finance (30 classroom hours)
  • Promulgated Contract Forms (30 classroom hours)

Locate a supplier of qualified education. TREC will accept your course completion documentation once you have applied online or submitted your paper application. It is OK for you to submit a course and teacher assessment once you have completed your course work. If you received academic credit for any of the above-mentioned qualified real estate courses from a recognized college or university, please provide a copy of your transcript for review.

Take the Exam

PearsonVUE, a testing service provider, is in charge of administering the license tests. In this case, you will get an email with details on how to schedule the exam as well as how to download a copy of the exam Candidate Handbook. If you fail the test three times, you will be required to pursue extra schooling.

Find a Sponsor

You will be awarded an inactive license if you have met all of the conditions listed above. To be able to work, you must be sponsored by a licensed broker who is currently operating in Texas. By utilizing our online services, you may submit a request for sponsorship. The broker will provide your active license once they have approved your request, and you will be ready to begin working as a Sales Agent!

How to Become a Real Estate Agent

The following was posted by: Kaplan Real Estate Education on November 22, 2021: Making the decision to become a real estate agent is a significant change in one’s professional life. Many different jobs and careers, as well as different periods of life, lead to employment in the real estate market. The reasons why people choose real estate as their greatest career option are as diverse as the people themselves. However, there is one question that those who want to go into the real estate sector frequently ask: “How can I become a real estate agent?” It is mostly determined by the location in which an individual want to practice real estate.

Real estate licensing is governed by each state’s regulatory framework, with each state’s regulations or standards differing differently from the next one.

General Requirements to Become a Real Estate Agent

The following requirements must be met before you may become a licensed real estate salesperson or agent:

  1. To qualify, you must be at least 18 or 19 years old (depending on your state). Have legal residence in the United States
  2. Complete the pre-licensing education requirements
  3. Take and pass your state’s real estate licensing exams
  4. And

A high-level checklist of what it takes to become a licensed real estate agent is represented by the elements listed above. However, there are other decisions you must make along the route that will decide your level of success in your real estate endeavors.

View Licensing Packages

The first step in this process is to determine whether or not real estate is a good fit for you. As a real estate salesman, you spend each and every day working for yourself. This include taking care of your own office administration, paperwork, prospecting leads, creating connections, maintaining contacts, and interacting with buyers and sellers, among other things. When it comes to the pay range of a real estate agent, the amount earned is determined by the number of properties sold and the percentage of commission earned on such transactions.

According to the United States Department of Labor, the average compensation of a real estate agent is around $62,990.

Identify and speak with real estate agents and brokers in your area to learn more about their jobs and how they handle their daily tasks.

Inquire about real estate as a long-term career path by contacting us. The decision to pursue a full-time profession as a real estate agent cannot be considered a pastime. It necessitates complete dedication.

Thinking about starting a real estate career? Download theLaunching Your Real Estate CareereBook.

More than just opening the door to a career as a real estate agent, obtaining your real estate license opens the door to a variety of additional prospects in the housing business. A few examples of real estate-related occupations include the following:

  • The role of a real estate broker is to supervise a group of real estate agents. Appraiser: A person who determines the worth of a piece of real estate. Property Managers are responsible for the oversight and upkeep of real estate properties. Property investor: Someone who purchases and resells real estate properties for a financial benefit, comparable to house flippers. Real estate attorneys are responsible for preparing or reviewing the closing paperwork in a real estate transaction. Home inspectors are professionals who inspect the condition of a house before it is purchased. Mortgage Loan Officer: Collaborates with a financial institution to create mortgage loans for residential and commercial properties. Interior and exterior photographs of commercial and residential real estate properties are captured by a real estate photographer. A house stager makes certain that a home is in its greatest possible condition for potential purchasers.

How Long Does it Take to Become a Real Estate Agent?

To finish the needed real estate courses and pass your licensure exam, it takes an average of four to six months. A few things, however, can have an impact on how long it takes to become a real estate agent in the first place. These considerations include whether you take your real estate courses online or in a traditional classroom setting, which state you plan to acquire your real estate license in, and how many times you must retake the licensing exam before passing.

Online vs. In-Classroom Real Estate Courses

One of these considerations is influenced by your learning style. For those who want to learn in a typical classroom setting, it will likely take them between four and six months to finish their courses and obtain their real estate license. However, if you want to do your real estate courses online, you might finish in as little as eight weeks.

State-Specific Real Estate Education Requirements

Each state has its own set of regulations that must be met before a real estate license may be issued. In general, particular pre-licensing classes are required by each state before you may sit for the exam. It is possible that these criteria, including the amount of credit hours required, will differ from one state to the next.

How Many Attempts You’ll Need to Pass Your Real Estate Licensing Exam

It is possible that the topics included in a real estate license test will differ from state to state. Even while passing your exam on the first try is the ideal situation, it does not always happen that way. In the event that you require a second try, keep the following variables in mind:

  • In my state, how many times may I take the test before it becomes invalid? What is the frequency with which the real estate exam is offered in my state
  • What is the minimum amount of downtime necessary between tests in my state

How Hard is it to Get Your Real Estate License?

In conclusion, obtaining a real estate license does not have to be a complex or time-consuming process. Simply recognize the amount of time and effort required to:

  • Get through all of the needed real estate prelicensing classes
  • Prepare for the real estate licensing exam
  • Pass the exam with flying colors
  • Register your new real estate license with the appropriate state authority

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

It may not be as expensive as you anticipate – anywhere from a couple of hundred dollars to slightly more than a thousand dollars. The amount of money you’ll spend on real estate school is determined on your selected learning method as well as the number of education hours necessary in your state. Find your state on this list to learn more about what to anticipate there. In terms of learning alternatives, you have a few different options to choose from, including live online classes, on-demand courses, home study, and prelicensing education.

  • Live Online: $300 – $900+: This option combines the predictability of a scheduled class time with the convenience of interacting with a live instructor from the comfort of your home. On-Demand: $200 – $800+: Work is completed on your own schedule! The flexibility of online learning is a great option for working parents, students, and professionals who are unable to attend classes on a set schedule. If you are on a tight budget and have the motivation to complete courses on your own time, home study is an excellent option.

What is the Difference Between a Real Estate Agent and a Real Estate Broker?

To put it another way, in order to become a broker, you must first work as a real estate agent. However, not all real estate agents are also brokers. Real estate agents are required to get and maintain a professional license in order to assist their customers in the purchase, sale, and rental of real estate properties. A broker is a real estate professional who has completed further education, training, and has met all licensing criteria. Brokers may work on their own, but they frequently employ a group of real estate agents to assist them in their endeavors.

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How to Become a Real Estate Agent

There are five phases that every individual must complete in order to get their license and work as a real estate agent, however the specifics differ from state to state.

Step 1 to Becoming a Real Estate Agent: Understand Your State’s Real Estate Licensing Requirements

The prerequisites for obtaining a real estate license vary from state to state. The formal prelicensing requirements for your state may be found on the website of your state’s real estate commission. Kaplan Real Estate Education provides a handful of tools that might help to close this knowledge gap in the real estate industry. The Stages to Licensing information provided below is intended to demonstrate, in straightforward steps, what it takes to obtain a license in each state, including California, Minnesota, and North Carolina.

Step 2 to Becoming a Real Estate Agent: Enroll in a Real Estate Prelicensing Course

There are several options available to you for completing your real estate prelicensing educational requirements. For example, real estate colleges, some realty businesses, universities, and technical institutions all offer real estate license programs that include both live classroom instruction and home-study and online course alternatives. This is a critical choice in the course of your adventure. Consider enrolling with a school that has a stellar reputation, provides high-quality curriculum and teachers, and has a strong emphasis on achieving great student results.

We at Kaplan Real Estate Education provide a choice of handy options for completing your education.

View Licensing Packages

Real estate is mostly a state-specific profession, with certain exceptions. This is due to the fact that real estate regulations vary greatly from state to state. Although reciprocity between states is not mandatory, it permits existing real estate agents from certain states to apply for a real estate license in another state without having to complete all of the prerequisite courses necessary in that jurisdiction. For example, the state of Colorado grants license reciprocity to residents of all 50 United States states.

With a career in real estate, the opportunities are virtually limitless!

Step 3 to Becoming a Real Estate Agent: Apply To Take the Real Estate Salesperson Exam

The importance of timing cannot be overstated at this stage. Make certain that you are following the application process with your state in order to be able to sit for your real estate agent exam as soon as you have completed your courses. This procedure will be state-specific and will be accompanied by a cost. For detailed information on how and where to take your real estate test, contact your state’s real estate regulatory organization. It is required in some states that you submit fingerprints and pass a background check.

This might take many weeks to complete. In many states, you must finish the application procedure before you may register for or set an exam date for your exam. Make sure that paperwork doesn’t become a stumbling barrier in your quest to begin a successful real estate profession.

Step 4 to Becoming a Real Estate Agent: Pass the Real Estate Salesperson Exam

Passing the real estate test requires more than just completing the necessary educational requirements; it also necessitates extensive study. The majority of people do not pass the exam the first time. Preparing yourself to pass the state test will need more study time on your part. Kaplan strongly advises students to participate in a real estate test preparation course. Because the ultimate aim is to assist you in passing the test, the majority of Kaplan’s prelicensing packages include the full Exam Prep Course as a part of the package.

Prepare for your real estate exam by arriving at the testing place with a good attitude, answering the questions utilizing the vast knowledge bank you have gathered through your study, and walking away with a passing mark on the exam!

Step 5 to Becoming a Real Estate Agent: Find a Real Estate Broker

Your passing grade on your real estate licensing exam does not necessarily imply that you have been granted a license. A real estate salesperson (agent) is authorized to act on behalf of a broker; but, he or she is not authorized to function as a real estate agent on their own behalf. Consider contacting a real estate broker as soon as possible after completing your license procedure. The state will need you and your broker to file the final documentation when you have finished your prelicensing education requirements and passed your examination.

Keep in mind that when searching for the best real estate brokerage, there are a variety of factors to take into consideration.

A real estate agent’s day might be diverse and unique from the next, and it can be a highly lucrative and interesting job!

To get started obtaining a real estate license where you live, simply select your state from our list ofreal estate course options.

If you could sit down with a room full of accomplished real estate experts and ask them for career guidance, wouldn’t it be fantastic? We asked numerous established real estate professionals what they wished they had known before earning their license and beginning their careers, as well as what they believe all aspiring real estate professionals should know. We received a lot of great responses. We compiled all of their suggestions into a comprehensive eBook that is filled with value. E-book available for free download

Get a Real Estate License in Illinois

Skip to the main content In Illinois, you can obtain a real estate license. Dawn Tebrinke is a writer and editor based in New York City. 2021-09-08T 09:15:35-05:00 Get your Illinois real estate license by completing state-approved courses via the Illinois REALTORS®.

You may prepare for this vocation from the comfort of your own home with our handy online courses, or we can assist you in finding live programs in your area. It’s simple to get started on a new profession with the help of our qualified teachers and Education Specialists.

  • You must be at least 18 years old
  • You must have a Social Security Number or an Individual Taxpayer Identification Number
  • And you must be a U.S. citizen or permanent resident. You must have a high school diploma or a GED in order to apply.

Would you want a brief summary emailed to your inbox? Download our Pre-License Handbook, and get started on your real estate career.

Watch now: How to get a real estate license in Illinois

There are two courses that must be completed in order to get an Illinois real estate broker’s license: Broker Pre-License Topics and Broker Pre-License Applied Real Estate Principles. These courses are available online in a totally self-guided manner, as well as with interactive components and in a classroom setting. Several scholarships and grants are available for Illinois REALTORS® pre-license courses, including those offered by the Illinois Real Estate Educational Foundation (REEF) and the Veterans Administration (VA).

Dates for hybrid courses may be found here.

Step 2: Pass the Illinois real estate licensing exam

After finishing your pre-license education, you must register for and pass the real estate licensing exam with PSI/AMP within two years of completing your education (the state exam administrator). The Illinois Real Estate Examination ProgramCandidate Handbook is highly recommended before enrolling for the Illinois Real Estate Examination Program. Prepare for the state test by taking a practice exam and studying using study materials offered by our learning partners: Exam Prep Edge and ExamSMART.

Step 3: Submit your license application

Illinois brokers are required to work under the sponsorship and supervision of a managing broker, thus you will need to approach a managing broker to sponsor your license before submitting your application to the Illinois Securities Division. Fill out and submit your license application to the Illinois Department of Financial and Professional Regulation (IDFPR).

Broker license FAQs

Which courses you choose, whether you purchase add-on goods such as test preparation tools, and how many examination fees you must pay will all influence your particular expenditures. The Illinois REALTORS® Association offers low-cost options for obtaining an Illinois real estate broker license. Costs associated with education and examlicensing, for example: Pre-License Package with eBook – $519 (online only). Fee for the State Examination – $55. Fee for the first time applying for a license is $125.

How long does it take to get a real estate license?

After finishing your pre-licensing coursework and passing both the state and national licensing exams, you can apply for a real estate license in your state. Our online pre-license courses may be completed at your own speed, and our Accelerated Broker Pre-License course can be completed in as little as 9 weeks. Pre-license courses have a 180-day expiration date from the time of purchase.

What happens if I don’t pass the licensing exam?

Following completion of your courses, if you do not pass the license exam, you may repeat the exam a total of three times at no cost to you (on different days). The pre-license study must be completed again before enrolling for the exam if you do not pass on your fourth try. 217-529-2600522 S. Fifth Street, Springfield, IL 62701The Voice for Real Estate in Illinois217-529-2600522 S.

Fifth Street, Springfield, IL 62701Map Please get in touch with us. Illinois REALTORS® | All rights reserved. Copyright Illinois REALTORS® Illinois Realtors paid for this advertisement. a link to the page’s load

How to get your real estate broker’s license

For the management of professional and commercial licenses, we have launched a new online tool. Learn how to provide access to your account. If you want assistance with the new service, please contact the professional licensing program in which you are registered. We anticipate a processing delay for applications and renewals that are mailed in. If you renew or apply for your license online, you will receive a speedier response. Thank you for your patience, and please accept our apologies for any trouble this has caused.

Who needs a license?

Individuals who engage on behalf of a real estate company to provide real estate brokerage services under the direction of a managing broker are referred to as “agents.”

Requirements

To be eligible, you must meet the following requirements:

  • You must be at least 18 years old and possess a high school diploma or an equivalent. Complete 90 hours of real estate coursework that has been authorized. This education must include the following components:
  • 60-hour course in Real Estate Fundamentals
  • 30-hour course in Real Estate Practices
  • And a 30-hour course in Real Estate Law. You must complete your studies within two years after submitting your application for the examination. For a list of authorized real estate education courses, go to theCourse Search page. Applicants for reciprocity do not have to complete the 90-hour requirement.

Pass the broker’s test with flying colors (s). Prepare to answer inquiries about your legal background and to submit papers if necessary. You must provide your fingerprints for a criminal background check (due every 6 years).

Steps to licensure

  • If you are licensed in another state, learn how to obtain a Washington license through reciprocity. Take the requisite education through a recognized institution. Register as a student with PSI after you have begun but before you have completed your studies
  • PSI is responsible for scheduling and passing the tests. Send in your fingerprints for a background check (which must be done every six years)
  • Before submitting an application for a license, you must first get confirmation that we have received your exam results. Make sure you don’t apply for a license until you’ve received the notification. To apply for a license, wait until both your background and exam results are on file, and before one year has elapsed.

What you’ll need to apply for a license

  • The results of the passing test are on file with us, as are the findings of the completed fingerprint background check.
  • It takes 10-14 days for the results to appear in our system. Visit IdentoGo to make an appointment with MorphoTrust if you are a Washington resident. Learn how to submit your fingerprints if you live outside of the state of Washington
  • And

Documents that are ready to be uploaded in response to any legal background enquiries that may arise.

How to apply for license after exam passed

  • Receive news from us that your passing exam results have been entered into our system
  • Prepare papers to submit in response to any legal background queries that may arise
  • Start your application by logging in or creating an account. You must use Google Chrome as your main browser and allow pop-ups to function properly.
  • Learn how to set up account access and navigate through the system’s interface.

Please refer to the following if you do not see the “Your To- Do’s” section on the Home Page:

  • It is not necessary to apply for a license if the “Apply for License” button is not visible in the “Your To- do’s” area. We have not yet received the results of your exam
  • If you receive a reminder to submit fingerprints and you have previously done so, it means that we have not yet received the findings. It might take up to 14 business days for a package to arrive from WSP. When it has been more than 14 business days since you submitted your fingerprints and more than 4 business days since you passed your exam(s), and the Your To-Do list has not been received, please contact us at [email protected] to inquire about the status of your application.
  • Please send only one email
  • There is no need to send more. Include the TCN number supplied by IdentoGo as well as the date the submission was made.

As soon as you see the “Your To- Do’s” area with a “Apply for License” button, you should click on that button to begin the application process.

  • Please do not utilize any additional buttons outside of the area under “Your To-Dos.” They are intended for use in test applications.
  • Both the licensing cost and the $10 research charge are required to be paid. If you do not select either charge, we will not offer you a license until you have paid the entire amount due.

Following the receipt of your license, a company may extend an invitation to you to join them in order to activate your license. To accept their offer, you must first log in to your account. For information on how to print your license, please see the instructions below.

License expiration

  • Your broker’s license will expire two years after it is issued, and the results of your fingerprint background check will expire six years after we get the results.
  • Don’t forget to re-submit prints before they become invalid. Allow sufficient time for us to get your results. If your findings are no longer valid, you will be unable to:
  • Join a company
  • Reactivate after a period of inactivity
  • Renew your driver’s license.

For veterans, military personnel, and partners

Your military training or experience may be able to assist you in meeting licensure criteria. If you have a valid license from another state and are relocating to this state, you may also be eligible to obtain a temporary license. More information may be found at military help. If you are a veteran of the United States, you may be entitled for a portion of your costs to be reimbursed. For additional information, please see Get reimbursed for testing expenses.

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