How Do I Get My California Real Estate License?
- Step 1: Must be at Least 18 Years of Age.
- Step 2: Register for and Complete 135 Hours of Required Education.
- Step 3: Apply for Your Salesperson Exam/License Application, Including Fingerprinting and Background Check.
- Step 4: Take the California Salesperson License Exam.
- 1 How long does it take to get a real estate license in California?
- 2 Is it hard to get a real estate license in California?
- 3 Is it worth getting California real estate license?
- 4 What is the fastest way to get a real estate license in California?
- 5 How much does a realtor make in California?
- 6 Is there math on the California real estate exam?
- 7 Do Realtors make a lot of money?
- 8 How do I find a broker to sponsor me?
- 9 Is the CA real estate exam open book?
- 10 Can I be a real estate agent part time?
- 11 What are the cons of being a real estate agent?
- 12 Whats the difference between a real estate agent and a broker?
- 13 Can you take the California real estate exam online?
- 14 How long is the real estate exam in California?
- 15 How much does a real estate agent make?
- 16 Requirements to Apply for a Real Estate Salesperson License
- 17 How to Become A Real Estate Agent in California In 6 Steps
- 18 Get Your License Online
- 19 How to Get a Real Estate License in California in 6 Steps
- 20 Reasons To Get A California Real Estate License
- 21 Steps to Get a Real Estate License in California
- 22 How Much Does It Cost To Get A California Real Estate License?
- 23 How Long Does It Take to Get a California Real Estate License?
- 24 What Kind of Jobs Can You Get with a California Real Estate License?
- 25 How to Get Your Real Estate License in California
- 25.1 What kind of information will I learn to help me get a real estate license in California?
- 25.2 How do I apply for the California real estate licensing exam?
- 25.3 How do I submit my fingerprints for the background check?
- 25.4 How do I submit my California Salesperson application?
- 25.5 Does California offer reciprocity?
- 25.6 Regulatory notes
- 26 How to Get a Real Estate License In California
- 26.1 The Benefits of Working With a Franchised Brokerage
- 26.2 Potential Downsides to Working With a Franchised Brokerage
- 26.3 Benefits of Working for an Independent Brokerage or Partnering With an Independent Broker
- 26.4 Potential Downsides to Working With an Independent Brokerage or Partnering With an Independent Broker
- 26.5 Benefits of Working For a Virtual Real Estate Brokerage
- 26.6 Potential Downsides to Working For a Virtual Real Estate Brokerage
- 26.7 Which Option Is Right For You?
- 27 How to Become a Real Estate Agent in California
- 28 Step 1: Must be at Least 18 Years of Age
- 29 Step 2: Register for and Complete 135 Hours of Required Education
- 30 Step 4: Take the California Salesperson License Exam
- 31 Real Estate License in California: Everything You Need to Know
- 32 How to Get Your Real Estate License in California
- 33 How Fast Can You Get Your Real Estate License in California?
- 34 How Much Does a California Real Estate License Cost?
- 35 Should You Become a Real Estate Agent?
- 36 Before You Get a California Real Estate License…
- 37 Final Thoughts on Getting a Real Estate License in California
- 38 How to get a real estate license in California
- 39 California Real Estate License Requirements
- 40 How Long Does It Take to Get a Real Estate License in California?
- 41 How Much Does It Cost to Get a Real Estate License in California?
- 42 Real Estate License Reciprocity
- 43 Can You Apply for a California Real Estate License Online?
- 44 California Real Estate License Exam
- 45 California Real Estate License Application
- 46 California Real Estate License Renewal
- 47 Does California Require Post-Licensing Education?
- 48 Special Considerations
- 49 How to get a California real estate license in 5 steps – ASAP
- 50 Perspective from a real estate pro:
How long does it take to get a real estate license in California?
On average, it takes between five (5) and six (6) months to get a California real estate license depending on the pace in which you complete the 135 hours of pre-licensing courses and pass your licensing examination, the time it takes you to complete the application process and find a sponsoring broker, and application
Is it hard to get a real estate license in California?
Getting your real estate license in California is not difficult. First, check to make sure you meet some basic requirements designated by the California Bureau of Real Estate. Then, pass the exam administered by the CBRE.
Is it worth getting California real estate license?
In other words, a California real estate license pays off in a variety of ways that don’t even require committing to real estate full time or working with clients. So if you’re thinking about getting licensed, it is certainly worth the investment if you’re willing to put in the work.
What is the fastest way to get a real estate license in California?
The fastest way to get your real estate license is through an online program. In California, all students are required to spend at least 54 days in an accredited real estate program, per the DRE.
How much does a realtor make in California?
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.
Is there math on the California real estate exam?
Further, license applicants need to demonstrate a proficient level of knowledge of the mathematical computations common in real estate transactions. However, a relatively small number of questions on the DRE licensing exam rely exclusively on the computation of mathematical formulas.
Do Realtors make a lot of money?
In Alberta, Real estate agents and salespersons earn an average of $30.35/hour or $61,168.00/year.
How do I find a broker to sponsor me?
You can find independent broker sponsor by just googling “broker sponsorship”, and you should see several sponsoring brokers for a fee that will let you keep 100% of the commission.
Is the CA real estate exam open book?
Yes, the California final exam for any of the three 45-hour pre-license courses is open book. You can use any textbooks or other resources when taking the final exam.
Can I be a real estate agent part time?
Yes. You can be a part-time real estate agent. Licensed real estate agents can work as many or as few hours as they want, making this career a near-perfect choice for someone looking for flexible, part-time work with excellent earning potential.
What are the cons of being a real estate agent?
List of the Cons of Being a Real Estate Agent
- You might find yourself working a lot of hours every day.
- There are no income safety nets in place for real estate agents.
- Most of your customers will have a single transaction through you.
- There are limits on how far you can go with this career.
Whats the difference between a real estate agent and a broker?
Real estate agents have a professional license to help people buy, sell, and rent real estate. Brokers are real estate agents who have completed additional training and licensing requirements. They can work independently and hire other real estate agents to work for them.
Can you take the California real estate exam online?
Format. Examinations conducted in Fresno, La Palma, Oakland, Sacramento and San Diego are currently offered in an electronic format. Examinations are subject to cancellation.
How long is the real estate exam in California?
California Real Estate Principles. Salesperson Licensing Exam is 3 hours and consists of 150 multiple-choice questions. A score of 70% or higher is required to pass.
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.
Requirements to Apply for a Real Estate Salesperson License
A written examination is required before you can be granted a real estate salesperson license. You must first qualify for and pass the written examination. Those who pass the examination are issued a license application, which must be submitted to and authorized by the Department of Rehabilitation and Education. Individuals who perform licensed real estate operations as stated in theReal Estate Lawunder and the supervision of a licensed broker are obliged to get this license in order to do so.
However, a salesman who is not accompanied by a responsible broker is not permitted to engage in activities that need a real estate license.
- The applicant must be 18 years of age or older in order to be awarded a license. If you are not a California resident, please check Out-of-State Applicants for further information. Honesty: Applicants must be forthright and truthful in their applications. In the event of a criminal conviction, a license may be denied to the offender.
To be eligible to sit for the real estate salesperson test, you must have completed the following three college-level courses successfully:
- Real Estate Principles, Real Estate Practice, and one course from the following list are required:
- Estate Appraisal
- Property Management
- Real Estate Finance
- Real Estate Economics
- Legal Aspects of Real Estate
- Office Administration in the Real Estate Industry
- General Accounting
- Business Law
- Mortgage Loan Brokering and Lending
- Computer Applications in Real Estate
- Common Interest Developments
Members of the California State Bar are exempt from the college-level course requirements since they are members of the California State Bar. Evidence of admission to practice law in California, such as a photocopy of both sides of a CaliforniaState Bar membership card, must be submitted with the application. Additionally, candidates who present proof of having completed the eight statutory college-level courses necessary for the brokerexamination and license are allowed to sit for the salesperson test without submitting any additional evidence of experience or educational qualifications.
Courses taken at the collegiate level must be three semester units or four quarter units in length.
Each course that has been authorized by the Department of Real Estate is a minimum of 45 hours in total duration.
- Members of the California State Bar are exempt from the college-level course requirements since they are members of the California State Bar Association. Evidence of admission to practice law in California, such as a photocopy of both sides of a CaliforniaState Bar membership card, must be shown to the attorney. Additionally, candidates who present proof of having completed the eight statutory college-level courses necessary for the brokerexamination and license are allowed to sit for the salesperson test without submitting any additional evidence of experience or educational background. There are no continuing education courses available that meet the college-level course requirements for taking this test. In order to be considered for college credit, courses must be three semester-units or four quarter-units long. Education must be completed at a college or university that is accredited by the Western Association of Schools and Colleges or by a similar regional accreditation agency recognized by the United States Department of Education, or at a private real estate school that has had its courses approved by the California Real Estate Commissioner. The Department of Real Estate requires that each course be a minimum of 45 hours in length.
Courses taken at foreign institutions of higher learning must be evaluated by a foreign credentials evaluation agency that has been certified by the Department of Real Estate before they may be used for real estate purposes. SeeExamination Applicant Foreign Education Information for further information (RE 223). Generally, copies of official transcripts are accepted as evidence of successful completion of courses. Equal courses submitted as alternatives for the college-level courses listed above must be accompanied by an official course or catalog description in order to be considered equivalent.
How to Become A Real Estate Agent in California In 6 Steps
Even though the prospect of obtaining your California real estate license may seem intimidating, our team is here to help you through the process. Continue reading to discover about the five steps you’ll need to do before you can begin your real estate profession in the state of California.
To find out how much it will cost you to obtain your real estate license in California, please see our California Pre-Licensing Pricing page. Purchase your California Pre-Licensing Certificate »
- You must be at least 18 years old to participate. If you are not a resident of California, please check the Out-of-State Applicants section below. All candidates must be honest and truthful, and any applicant who has been convicted of a felony may have their license denied. Failure to declare a criminal infraction or disciplinary action may also result in the denial of a license in certain circumstances.
Complete 135 hours of Pre-Licensing education.
You must first complete and pass 135 hours of Pre-Licensing coursework, which comprises of three courses, the first of which is Introduction to Nursing.
- You must first complete and pass 135 hours of Pre-Licensing coursework, which consists of three courses, the first of which is titled:
Pass the course final exam.
- After completing each Pre-Licensing course, you will be required to sit for a final test. You have two chances to pass each final exam, and you get one minute each question to complete them both. The passing mark for each of these final exams is 70%, and there is no need for a proctor to administer them.
Pass the California salesperson licensing exam.
- Following successful completion of your course final examinations, you will sit for the California license test. This test comprises of 150 multiple-choice questions with a time restriction of 3 hours and 15 minutes and a passing score of 70 percent. There is no negative marking on this exam. If you need assistance passing your real estate test, The CE Shop offers comprehensive Exam Prep that is specifically suited to the state of California.
Choose a sponsoring broker.
You must be sponsored by an active California real estate broker in order to begin your new career in real estate. When selecting a broker to work with, it is critical to discover a good match, since this is a vital aspect in being a successful California real estate agent. Listed below are some things to ask yourself when looking for the best broker to work with:
- 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?
Complete your licensing application.
- A Salesperson License Application will be given to you once you pass the examination, if you have not already done so with a License Combo Application (RE 202). Within one year of completing the examination, this form must be completed and delivered to the proper fee, together with the applicable charge. A license cannot be issued until the Department of Revenue gets the fingerprint response data. For further details, please go to Fingerprint Requirements. It is necessary to have proof of completion of Real Estate Principles and Practice, as well as one additional course from the course requirements list, on file before you may be given a real estate license. A signed and notarized Consent to Service of Process form must also be submitted by out-of-state applicants (RE 234). For further information, please see the section under “Out-of-State Applicants.” The California Department of Real Estate (DRE) will award your California Real Estate Salesperson license once your application has been approved by the state. You may check the status of your new real estate license on the DRE’s eLicensing Online website, which can be found here.
DOWNLOAD THE PROCEDURES »
Get Your License Online
The online platform, self-paced courses, and high levels of student satisfaction are just a few of the factors that distinguish The CE Shop as the finest in real estate education. Take the first step toward a successful real estate career right now! GET YOUR LICENSE »
How to Get a Real Estate License in California in 6 Steps
Obtaining a real estate license in any state may be a difficult and time-consuming process. However, obtaining a California real estate license is straightforward if you follow a few basic procedures. Individuals seeking a salesperson license from the California Department of Real Estate (CDRE) must complete the following six procedures, according to the CDRE.
- Prepare for the California Salesperson License Exam by completing 135 hours of approved pre-licensing education, passing the course final exam, passing a criminal background check, locating a sponsoring broker to work under, and obtaining a California Salesperson License. Fill out your Licensing Application completely.
Reasons To Get A California Real Estate License
The prerequisites for obtaining a real estate license differ from state to state. In California, however, obtaining a real estate license is as straightforward as following a few basic procedures. Interested licensees should expect to receive their real estate license within a few weeks. The average real estate wage in the United States is $48,930 per year. Beginning real estate salaries in California average $59,830 and often rise as a result of one’s years in the industry. Agents with greater experience earn more than $150,000 per year on average.
Pre-licensing courses in California are required to be completed in 135 hours.
Was it ever brought to your attention that you may obtain your California real estate license fully online?
Steps to Get a Real Estate License in California
- You must be at least 18 years old to participate. You must either be a California resident or apply for an out-of-state license if you do not reside in California. You must be sincere and truthful in your communication. If you are convicted of a crime, your license may be revoked.
Complete 135 Hours of Pre-License Education through an Approved School
The pre-licensing education requirements in California are separated into three components. The following courses are required of all prospective licensees:
- A 45-hour course in real estate principles
- A 45-hour course in real estate practice
- Or any one of the 45-hour courses listed below:
- Mortgage Loan Brokering and Lending
- Computer Applications in Real Estate
- Common Interest Developments
- Property Management
- Real Estate Finance
- Real Estate Economics
- Legal Aspects of Real Estate
- Real Estate Office Administration
- General Accounting and Business Law
Pass the Course Final Exam
- After you have completed all of the California course materials, you must pass the final tests in order to receive your certificate. In order to pass this exam, you must have a score of at least 70%. Passing each course test requires a minimum of two tries by each participant. Each question will be given one minute of your time to respond.
Pass a Criminal Background Check
- Apply to sit for the California real estate salesperson examination as soon as you feel secure enough to pass your final examination. First and foremost, submit an application. After your application has been approved, you may access the eLicensing online system to find out when your test will be held. The minimal passing score is 70%, which means you must properly answer 105 out of 150 questions in order to pass the exam.
Find a Sponsoring Broker to Work for
In order to serve as a real estate agent in California, a licensee must be sponsored by a licensed broker who is currently in the state. You will be supervised by this individual during your initial training in the real estate industry. During your search for a sponsored broker, you should examine the following questions:
- What is their general reputation? Are they well-versed in their field of expertise? What are the most recent rules and regulations that they are familiar with
- What level of assistance they provide to their agents
- What type of commission structure do they have available to you? Are there any advantages? It is important to know what kind of leads and marketing materials they provide to their agents. Are there opportunities to advance your career inside the brokerage?
Complete the License Application
- Once you have completed all of the above prerequisites, you may submit your application.
How Much Does It Cost To Get A California Real Estate License?
The cost of obtaining a California real estate license ranges from $445 to more than $800, depending on which real estate school a prospective licensee chooses to attend.
The most expensive and most crucial purchase is that of a real estate school education and certification. The cost of real estate courses is determined by the institution as well as the package that a prospective licensee decides to enroll in. The following are the fees that must be paid:
|Course Tuition||$100 – $400+|
|Salesperson License Fee||$245|
|Total||$445 – $745|
How Long Does It Take to Get a California Real Estate License?
To earn your California real estate license, you should expect to be in the state for four (4) months on average. Many others, on the other hand, require either less or significantly more time to obtain their California real estate license. You can get your driver’s license in as little as a few weeks. Alternatively, you can take your time and complete your licensing requirements over the course of a year. When it comes to obtaining a license, the length of time it takes is determined by the sort of pre-licensing training a potential licensee chooses to take and the speed at which they finish the courses.
Individuals who wish to finish their studies more quickly or who need to spend more time on their assignments will benefit from taking online courses.
In this case, those who wish to engage with peers and who are more driven in a classroom environment might choose this alternative.
What Kind of Jobs Can You Get with a California Real Estate License?
Obtaining a real estate license in California will prepare you for a variety of various occupations, including the following:
- Residential real estate agent (either as a buyer’s agent or as a seller’s agent)
- Commercial real estate agent
- Real estate broker
- Property manager
- And other related positions.
Each real estate job offers a diverse range of specializations and niches from which to choose. Some specialty pay more than others, but those that do require further licensure or certification are frequently more difficult to find. The following average wage statistics from the Bureau of Labor Statistics may be used to get a sense of your possible earning potential in California:
|Job Title||Average Hourly Wage||Average Yearly Wage|
Because your income as a real estate agent is typically based on commissions, it varies significantly from person to person. Some people work part-time in order to enhance their earnings. The top earners in California, on the other hand, (those in the 90th percentile of sales agents) earn a total of $127,800 a year. Check out our Resources page for additional information on numerous career paths, real estate specializations, and how commissions operate.
How to Get Your Real Estate License in California
Obtaining a California real estate license typically takes between five (5) and six (6) months. This time frame is dependent on your progress in completing the 135 hours of pre-licensing courses and passing your licensing examination, the time it takes you to complete the application process and find a sponsoring broker, and the length of time it takes the state to process your application.
What kind of information will I learn to help me get a real estate license in California?
According to Real Estate Express policy, salespersons must complete the 135-hour pre-license training 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. The courses that must be completed within the 135 hours are as follows:
- Real Estate Principles (45 hours)
- Real Estate Practices (45 hours)
- Real Estate Ethics (45 hours). Choose one course from the following options:
- Estate Appraisal
- Property Management
- Real Estate Finance
- Real Estate Economics
- Legal Aspects of Real Estate
- Office Administration in the Real Estate Industry
- General Accounting
- Business Law
- Mortgage Loan Brokering and Lending
- Computer Applications in Real Estate
- Common Interest Developments.
Please keep in mind that if you are a member of the California State Bar, you are exempt from the college-level course prerequisites.
Evidence of admission to practice law in California, such as a photocopy of both sides of a California State Bar membership card, must be provided in order to complete the application. EXPLORE THE COURSES AND PACKAGES
How do I apply for the California real estate licensing exam?
Note: If you are a member of the California State Bar, you are excused from the obligation to complete college-level coursework. Evidence of admission to practice law in California, such as a photocopy of both sides of a California State Bar membership card, must be shown in order to practice. Examine the many courses and packages offered by the university.
How do I submit my fingerprints for the background check?
For every real estate license, an applicant is required to provide a single pair of classifiable fingerprints that are acceptable to the State Department of Justice (DOJ). After submitting an application for examination or after completing the examination, a candidate may be fingerprinted. If an applicant does not pass the examination, the processing expenses for their fingerprints are not returned. Social security numbers are necessary on examination applications in order to ensure that fingerprint reports are received by the Department of Rehabilitation and Education.
An original license will not be awarded until a report from the Department of Justice and the FBI is received declaring that there is no criminal history, or until a report from the Department of Justice and the FBI discloses criminal history information that must be examined and considered.
Additionally, there is a $49.00 fingerprint processing cost and an additional $49.00 live scan service fee, all of which must be paid directly to the live scan provider (not to the DRE).
How do I submit my California Salesperson application?
Those who pass the examination will be handed an Application for a Salesperson License (Salesperson License Application). Following successful completion of the examination, this form must be completed and returned together with the necessary fee within one (1) year of completing the examination. The application must be submitted with the completed Live Scan Service Request form attached. A license cannot be issued until the Department of Revenue gets the fingerprint response data. The completion of Real Estate Principles, Real Estate Practice, and one extra course from the course requirements list, in addition to proof of sponsorship from a registered California broker, must be submitted before the license may be given.
Does California offer reciprocity?
A waiver of any of the requirements for obtaining a license in California is not possible because the state does not have reciprocity with any other state. Transcripts from out-of-state institutions that have earned three semester units or four quarter units of credit for the statutory courses are acceptable as evidence of completion when applying for the real estate broker or salesperson examination.
The institution must be accredited by the Western Association of Schools and Colleges or another comparable regional accrediting entity, and each course must have earned three semester units or four quarter units of credit. Residents from other states must comply with the following requirements:
- File a Consent to Service of Process with the Department of Real Estate. This form must be completed, signed, and notarized before it can be sent to the DRE with the initial or renewal application, as well as any supporting documentation. Directly submit their fingerprints to the Department of Revenue. The original license application will include a fingerprint card, which will be returned to the applicant. After that, it should be delivered to a local law enforcement agency for completion
- Ensure that the DRE receives the completed fingerprint card, original license application, and licensing money, as well as the proper fingerprint fee. If you intend to conduct business in California, you must obtain a license from a California broker.
The state mandates that students spend a minimum amount of time in the course subject. Our online course platform keeps track of each student’s compliance with this requirement. Due to the fact that students cannot obtain course credit for completing a course in fewer than 18 days, the first attempt at a course final exam is not accessible until at least the 18th day after beginning the course (provided the student has completed all units and unit quizzes). If a student fails the course final exam on the first try, he or she will not be eligible for a second attempt until 18 days have passed after the first test was failed.
Students must re-register for the course, complete all units and unit quizzes in the new course, and pass the course final exam in order to obtain credit for the previously completed coursework.
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 see if this will be required.
California Department of Real Estate (California Department of Real Estate) Website: Fax number: 916-263-8943; phone number: 877-373-4542 Located at 1651 Exposition Blvd.
How to Get a Real Estate License In California
In order to answer this question effectively, you must first determine what you want to achieve in your career and then take an honest look at your expectations for business culture. The majority of the time, brokerage firms are renowned for their strengths and specialities. If a major real estate brokerage is well-known for selling higher-end houses in the conventional real estate market, a mom-and-pop real estate agency may be better recognized for assisting first-time home buyers or sellers, as well as out-of-state purchasers, in the traditional real estate market.
More significantly, consider where you would like to spend a significant amount of your time, because you will (in many situations) be working closely with your team to get training, ideas, and support.
The Benefits of Working With a Franchised Brokerage
When it comes to new agents, there are several advantages to working with a franchised firm. Getting linked to a larger team naturally puts you in the position of having a wider professional network, and franchisees often have their own marketing department that assists in raising brand knowledge and credibility among prospective customers.
A few other advantages of being a franchisee include the fact that they frequently provide extra training, and some even provide base salary and benefits.
Potential Downsides to Working With a Franchised Brokerage
While you may receive greater training and marketing support, you may not receive the same level of customized attention that you would receive from a smaller, independently owned brokerage firm. Even if this isn’t always the case, and each franchise site will have its unique culture, it’s important to bear in mind when making decisions. The fact that your brokerage may not allow outside help is another disadvantage if you wish to be more creative with your marketing or if you intend on outsourcing any of your marketing work (such as blog material, paid advertisements, and so on).
Benefits of Working for an Independent Brokerage or Partnering With an Independent Broker
For others, working with an individual brokerage or broker is more tempting than working with a large corporation since it frequently provides them with a little more freedom. Again, real estate agents may have greater freedom to use innovative marketing techniques or to outsource some of their marketing, and they may also receive more individualized training and mentorship than they would receive from a franchise organization. The opportunity to use the reputation of the broker when dealing with an independent brokerage or broker is another advantage of working with an independent brokerage or broker.
Furthermore, some clients just want to support local companies, and they may pick their agent solely on the fact that they are not working with a huge, corporate organization.
Potential Downsides to Working With an Independent Brokerage or Partnering With an Independent Broker
While greater freedom might be a significant advantage for certain agents, others may prefer the structure provided by a franchise. It’s crucial to remember that this is a matter of personal choice, which is why it’s necessary to take a realistic look at your options and choose which would best assist you over the first few years of your new real estate career. Another possible disadvantage is that you will not be paid a base salary or get benefits, and you will have to work a little harder to sell your services and listings.
Benefits of Working For a Virtual Real Estate Brokerage
Although the opportunity to work with a virtual real estate agency is still relatively new, many agents who have chosen to go into this new terrain are reaping a slew of benefits as a result of their decision. Another important advantage is the increased commission split, which is one of the most crucial. Typically, commission splits are determined by the amount of overhead incurred by the brokerage in order to “sponsor” their agents. It stands to reason that, if a brokerage is covering the costs of office rent, supplies and other overhead associated with running a brick-and-mortar business in addition to providing training and marketing materials to their agents, they should be asking real estate agents to contribute a little more from their commission to cover the higher costs.
This means that agents will be able to keep a larger portion of their earnings. Additionally, due of the lower administrative expenses, certain virtual brokerages may be able to provide healthcare and retirement benefits to their clients.
Potential Downsides to Working For a Virtual Real Estate Brokerage
If you prefer to meet with your team in person and enjoy the structure of having a physical office to visit, a virtual brokerage may not be the ideal fit for you. In addition, you may have to put in more effort to connect with your peers, locate a mentor, and remain on top of your training schedule.
Which Option Is Right For You?
With so many diverse possibilities available, it’s easy to understand how selecting the “correct” pick will be different for each individual. Overall, you’ll want to engage with a brokerage that shares your beliefs and works in a manner that is comfortable for you.
How to Become a Real Estate Agent in California
With so many diverse possibilities available, it’s easy to understand how selecting the “correct” selection will be different for each individual in this situation. All things considered, you’ll want to find a brokerage that shares your ideals and works in a manner that suits your preferences.
Step 1: Must be at Least 18 Years of Age
You must be at least 18 years old and a citizen of the United States in order to apply.
Step 2: Register for and Complete 135 Hours of Required Education
You must finish 135 hours of college-level real estate courses that have been recognized by the California Real Estate Commission in order to be eligible to sit for the California Real Estate License Exam. We provide four different education programs that meet the 135-hour requirement.
View Licensing Packages
It is possible to apply for a licensing exam when you have finished all of the necessary academic requirements. Submission of an application form, as well as payment of licence fees, constitutes the application procedure. If you are applying for the first time, you will be required to provide fingerprints. To avoid losing your application and fee, you must pass the test within two years after submitting your application. Otherwise, your application and fee will expire.
Step 4: Take the California Salesperson License Exam
To pass the California Salesperson License Exam, you must get a score of 70 percent or higher on the examination. Prepare yourself for exam day by ensuring that you are completely prepared for success. In our 2-Day Exam Preparation Course, you’ll learn how to finish your needed education with a review of essential topics and “Hot Topic” subject areas that are currently trending.
FREE eBook: Launching Your Real Estate Career
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
Real Estate License in California: Everything You Need to Know
Licenses to sell real estate in California are an excellent way to get started on the path to financial success. Many people obtain a real estate license in order to pursue a career as a real estate broker or agent. There is no doubt that they are aware of the job’s unlimited earning potential, workplace flexibility, and other benefits that come with the position.
However, in this essay, we would like to draw attention to the real estate licensing. Details on how to obtain your real estate license in five simple stages, as well as further information
How to Get Your Real Estate License in California
To obtain your real estate license in California, you must follow these five simple steps:
- Determine whether or whether you are eligible to obtain a California real estate license. Enroll in a real estate school that is accredited
- Decide on a date for your real estate exam testing
- Pass the real estate licensing examination
- Sign a contract with a real estate brokerage firm
That’s all there is to it! As soon as you’ve completed all five processes, you’ll be an active agent ready to begin working in the real estate industry.
1. Meet the California Requirements
Make certain that you satisfy the following standards in order to obtain a California real estate license: These standards were established by the California Department of Real Estate (DRE) in order to safeguard the integrity of the state’s real estate business. Even if you are not a citizen of the United States, you can obtain a real estate license in California.
2. Enroll in an Accredited California Real Estate School
Once you have met the requirements for a real estate license, you will need to enroll in a real estate school that has been accredited. You will learn about salesperson pre-licensing content that has been authorized by the California Department of Real Estate at a California real estate school (DRE). All students will be required to finish the following three courses:
- Real Estate Practice
- Real Estate Principles
- One optional course in real estate practice and principles
When you finish each course, you will be given a certificate of completion to commemorate your achievement. Your certificate serves as evidence that you have successfully completed and passed your course. If a student wishes to be eligible for the state test, he or she must finish all three courses within one year of enrollment. So, keep your focus and avoid procrastination at all costs! Once you have completed all three courses and received your certifications, you may register to take the California real estate test.
3. Apply to the California Real Estate Exam
In order to be considered for the California real estate test, you must submit an application that includes the following materials:
- A picture identification card in good standing
- The live scan form has been completed. Fees for state exams
- Certificates of completion of three license courses
- DRE forms that have been completed
The following are the DRE forms that have been completed:
- Exam/License Application:RE 435
- Live Scan Service Request:RE 237
- If paying with a credit card:RE 909
- If you only want to apply for the exam (not the license):RE 400A
- If you only want to apply for the exam (not the license):RE 400B
- If you only want to apply for the exam (not the license):RE 400C
- If you only want to apply for the exam (not the license):RE 400D
- If you only want
RE 435 for the Exam/License Application, RE 237 for the Live Scan Service Request, RE 909 if paying with a credit card, RE 400A if you only want to apply for the exam (not the license), RE 435 for the Live Scan Service Request, RE 237 for the Live Scan Service Request, RE 909 if paying with a credit card, RE 909 for paying with a debit card, RE 909 for paying with a credit card, RE 909 for
4. Pass the California Real Estate State Exam
Upon receiving approval of your application, you can set your state examination testing date. The state test is really difficult. Consequently, you must study the course content in order to pass with a grade of at least 70% or better. Some colleges and universities provide additional materials to assist you in passing the state exam. These training courses provide you with in-depth course reviews as well as test-taking techniques.
5. Sign with a Brokerage
Following your passing the state test, the DRE will send you an electronic copy of your real estate license as well as a paper copy by mail. You have the option of choosing which brokerage firm you would want to interview with. When a real estate brokerage company hires you, it’s game on, and you’ll soon be able to begin your exciting new profession. Getting an interview with a real estate brokerage firm is a straightforward process.
All you have to do is get in touch with the brokerage and inform them that you are a freshly licensed agent who is interested in collaborating. Some real estate colleges may even put you in touch with a brokerage that they know and trust.
How Fast Can You Get Your Real Estate License in California?
In California, you may obtain your real estate license in as little as 135 hours, which is the quickest available. In other words, it will take a bit less than 8 weeks. When compared to other professions, this one has a low barrier to entry and a rapid start-up time frame. In around six months, someone may go from knowing nothing about real estate to serving high-end clientele in the industry. That is just remarkable! After completing your education and applying for the state exam, you will have to wait for the DRE to schedule a date for you to take the exam.
We urge that you spend as much time studying as possible throughout this period.
How Much Does a California Real Estate License Cost?
A real estate license in California can cost anything from $477 to $740 depending on the state you live in. Listed below is a detailed summary of the fees and charges related with obtaining your real estate license:
- The real estate school (which serves as a pre-licensing program)
- Charge for submitting an application for a real estate exam
- Cost of a Live Scan (background check)
- Fee for obtaining a real estate license
You have a wide variety of options when it comes to real estate colleges in California, where you may get your license. Each program has its own set of costs associated with it. Of course, we encourage you to participate in our program. Self-promotional notice: we are competitively priced and offer the most comprehensive and well-rounded programs available anywhere in the state. In a recent article, Fit Small Business dubbed us “the greatest real estate school in California.” Nonetheless, we do not want this to become about ourselves!
Should You Become a Real Estate Agent?
Having learned how to obtain a California real estate license, the next issue is whether or not you should pursue this path. Is this a profession that you should pursue? We are all aware that real estate brokers make a substantial amount of money every time they complete a transaction on a new house. They are compensated by a tiny percentage of the final sale, which is referred to as their commission. They also have more independence in the job. This implies that they have the option to work from any location in the world.
- Finally, this is a business that is concerned with people.
- Not only that, but expanding your network is essential, which implies that this profession incentivizes you to be outgoing and to expand your contacts.
- You have the potential to make a significant difference in the lives of those whom you assist in many ways.
- This video demonstrates what it’s like to work as a real estate agent, and you’ll also get a sneak glimpse at how our program is structured and operated.
Before You Get a California Real Estate License…
Just keep this one thing in mind before you begin your quest to obtaining a real estate license in California: it takes time. You must make it known to everyone that you are a real estate agent. So many people begin their careers as agents without ever revealing their true identity to anyone. When everyone you know is unaware that you are a real estate agent, they are unlikely to contact you for your services. In addition, as a novice real estate agent, the individuals you know will eventually become your clients.
Consequently, when you enroll in a recognized real estate school, now is the ideal moment to begin creating your network of connections.
It just so happens that the average time it takes to obtain a driver’s license is six months. By the time you obtain your license, you may already have active clients who are eager to begin working with you. As a result, you will begin your professional life with an exciting and inspiring impetus.
Final Thoughts on Getting a Real Estate License in California
A job in real estate is a good fit for people who love working independently and on their own schedule. Making the decision to become a real estate agent is straightforward. However, in order to have a great job, you must have passion. A career in real estate necessitates hard work and a significant amount of personal effort. The outcomes, on the other hand, are life-changing. By following the steps outlined above and learning everything you possibly can, you will put yourself in the best position to achieve success.
Click here to subscribe.
This allows us to provide more useful posts like this one in the future.
How to get a real estate license in California
Any anyone who wants to purchase or sell real estate in California, regardless of whether they want to be an agent or a broker, will require a real estate license. To obtain a real estate license, you must also be at least 18 years old, have completed specified real estate curriculum, passed a test (or two, depending on the licensing level), and had a criminal background check performed. Which license is the most appropriate for you? The distinction between a real estate agent and a real estate broker is mostly determined by the number of years of experience and education the agent has.
An agent or salesperson, on the other hand, must work under the supervision of a licensed broker.
- California, as the most populated state in the United States and the site of multiple big and medium-sized cities, is an excellent location for real estate professionals. In order to sell real estate, you’ll need to obtain the right license, which may be obtained as either a salesperson (also known as an agent) or a broker. The employment of licensed brokers is mandatory of all agents, although brokers can choose to work for themselves or to recruit agents to work for them. To become an agent, you must complete 135 hours of real estate study, whereas a broker license takes 360 hours of training and two years of practical experience. Both licenses necessitate passing a final test as well as conducting a background investigation.
California Real Estate License Requirements
In California, there are two sorts of licenses, and the criteria will differ based on which license is being sought. In California, for example, a real estate agent is permitted to handle real estate transactions, but he or she must operate under the supervision of a certified broker. An alternative is that a broker is allowed to operate their own firm and recruit other agents to work on their behalf as well. Requirements for a salesperson/agent license include the following:
- It is necessary to be at least 18 years old. Must finish 135 hours of real estate curriculum (three courses) at a recognized institution or private real estate school that has been approved by the California Real Estate Commission. It is necessary to pass a final test. It is necessary to be genuine and to pass a background check.
Broker license requirements include the following:
- It is necessary to be at least 18 years old. Work experience as an agent for at least two years within the past five years OR a four-year college degree with a major or minor in real estate OR similar experience as an unlicensed professional are required. Complete 360 hours of real estate education (eight courses) at a recognized institution or private real estate school that has been approved by the California Real Estate Commission. It is necessary to pass a final test. It is necessary to be genuine and to pass a background check.
How Long Does It Take to Get a Real Estate License in California?
It is expected that it will take an agent up to six months to complete the licensing process from beginning to end. When it comes to becoming a broker, there are a few additional requirements, including completing eight real estate courses (instead of the three required to become an agent) and having worked for at least two years as an agent or completing a four-year college degree with a major or minor in real estate, or other equivalent experience.
How Much Does It Cost to Get a Real Estate License in California?
In order to become a real estate professional in California, you must invest both time and money.
A prospective agent will spend around $515 to obtain their license, while a prospective broker would spend approximately $880, with each individual spending an extra $245–$360 per year to maintain their license current after it has been obtained. The breakdown of these expenses is as follows:
- Amounts ranging from $99 to $375 are charged for pre-licensing exam education. Exam fees for an agent are $60, while prices for a broker exam are $95 each. The license fees for an agent are $245, while the expenses for a broker license are $300. Additionally, both licenses will require fingerprinting, which will cost $49 each. When other costs are included, the total cost of the package might reach $240.
Real Estate License Reciprocity
Due to the fact that California does not have reciprocity agreements with any other states, if you do not reside in California and wish to purchase or sell real estate in the state, you must fulfill the same standards as everyone else—with a few exceptions. The state of California does not require brokers or agents to be residents of the state in order to obtain a real estate license; however, brokers who wish to conduct business in the state must maintain a California business address (or file for an exemption), and agents who wish to conduct real estate business in the state must be licensed with an affiliated California broker.
Can You Apply for a California Real Estate License Online?
You will not be able to apply for a California real estate license on the internet. You must either fax or send the completed application, as well as any transcripts and costs paid by check, credit card, or money order, to the address shown on the application form. You’ll have to wait around six weeks for the review procedure to be completed before you can arrange your exam. And you may do so using California’s eLicensing system, which allows you to complete the process online.
California Real Estate License Exam
Following notice that you have met the requirements to sit for your test, you will either get an Examination Schedule Notice or authorisation to self-schedule your examination. A total of five California cities are participating in the exam, including Fresno; Los Angeles; Oakland; Sacramento; and San Diego. The agent (or salesperson) test is three hours in length and consists of 150 multiple-choice questions, all of which must be answered correctly. The broker test is four hours in length and contains of 200 multiple-choice questions, all of which must be answered correctly.
If you do not pass the test the first time, you will be allowed to reapply to take it again at a later date (with additional fees).
California Real Estate License Application
Once you have passed the exam, you will need to submit an application to the California Department of Real Estate in order to receive your real estate license. You may also apply for both the exam and the license at the same time, saving you the hassle of having to fill out a second application after passing the exam. Please keep in mind that the state will perform a background check, which will include fingerprinting, before issuing your license. On your application, you must state any and all criminal convictions that you may have.
However, failing to declare a conviction, even if it is for a minor infraction, may result in your application being denied immediately.
California Real Estate License Renewal
California real estate licenses are valid for four years, and the state will inform you if your license needs to be renewed within 60 days of the expiration date. An agent’s license renewal will cost $245 per year, while a broker’s license renewal will cost $300 per year, respectively.
Does California Require Post-Licensing Education?
Real estate agents and brokers in California who are renewing their licenses or applying for a late renewal must complete 45 hours of authorized continuing education training before their license may be renewed.
The California State Bar grants exemptions from certain of the requirements for becoming a licensed real estate agent or real estate broker if you are an attorney who is a current member in good standing. In essence, you are granted permission to appear for the exam as soon as you get it. If you are eligible to practice law in California, you may be able to substitute your legal education for the college courses needed of other candidates. To become a real estate agent or broker, you must, however, sit for and pass the appropriate licensing examination.
Other sorts of work experience, such as practicing real estate law, may also be considered appropriate.
Decisions are taken on an individual basis in each situation.
The California Department of Real Estate maintains a guide to the laws governing real estate in the state, which includes information on how the rules may have changed from year to year, among other things.
How to get a California real estate license in 5 steps – ASAP
Pre-licensing courses in California are needed to be 135 hours of “credit” in order to be accepted by the state real estate commission. A total of roughly 135 hours should be required for the first three-semester modules. The test itself consists of 150 multiple-choice questions that are administered over the course of three hours. Keep in mind that the amount of time is totally dependent on passing a minimum of 70% of the examination itself – thus it’s important to pay close attention to the course content to ensure that you’ll pass the exam.
Pre-licensing classes are quite expensive, with prices ranging from $99 to $500 if you’re taking the course online.
It is possible that some questions on your test will be ones that your classes did not prepare you for.
On the test, there are some questions that your classes may not have adequately prepared you for.
It is possible that you may get disoriented and anxious, which will set the tone for the remainder of the test taking session. Our list of the top California real estate test preparation companies is intended to assist you.
- You will get access to live online group webinars, electronic books, online training resources, and thousands of state-specific practice questions when you sign up with PrepAgent. This is the top ranked – and most popular – test preparation program in the state. Mbition is a program that is well-known for assisting students in preparing for the math component of the license test. Real Estate Exam Scholar– Provides cheap examinations to assist imitate the exam-taking experience
- Real Estate Exam Scholar– AceableAgent is the most convenient exam preparation tool available. Students may access it on the move with the use of a mobile application. According to Real Estate Express, students can prepare for the exam by conversing with agents who are already licensed and experienced in the field.
The typical real estate agent in California earns $74,140, and the top 90 percent of earners may earn as much as $123,700 per year. However, due of the competitive nature of the real estate market throughout the state, many agents are making much more. Consumers, companies, and professionals throughout California can benefit from the services and excellent online resources provided by the California Department of Real Estate. The objective of the Department of Real Estate is to protect and stimulate interest in real estate via regulation and education.
- They have complete control over the process, from obtaining your license to keeping your license and holding real estate brokers accountable for their actions.
- Everyone involved in the industry must ensure that they are up to date on the state’s continuing education requirements and that they are following all applicable real estate regulations in the state of California.
- – As of October 27, 2020, there are a total of 422,496 licensed agents in California (including both Salespersons and Brokers) throughout the state.
- When it comes to becoming a real estate agent, California has some of the most stringent regulations in the country.
- That being said, you may finish the courses on your own timetable, which makes it a little less stressful than being forced to follow someone else’s course schedule.
- Finding a brokerage to work for is one of the requirements for becoming an agent, although finding one that is ready to accept new licenses is not especially difficult.
Perspective from a real estate pro:
Catherine Myers is a Broker Associate based in Walnut Creek, California. Drysdale Properties is a division of Berkshire Hathaway Home Services. “It isn’t as simple as just getting a license; in fact, getting a license is almost the easiest part of the process. How to choose a broker, how to attract customers, how to engage their sphere, how to establish a lasting business, how to locate the assistance they’ll need, how to prospect effectively, and so on are all things that new licensees should be aware of.
- The California Department of Real Estate mandates that you complete at least three college-level courses as part of your preparation for obtaining a real estate license in the state.
- In California, acceptable forms of identification for the real estate examination are a driver’s license or DMV identity card, a government-issued passport (which must specify your country of birth), or a U.S.
- It is dependent on the situation.
- If you fail to comply with these requirements, your real estate license may be revoked.
- For information on whether you are qualified to purchase a home in California, contact the California Department of Real Estate.
- Despite this, it is recommended that you wait at least 18 days between each examination.
- However, while some agents claim that it can take up to four attempts on average to pass the sales agent test, the majority of the time will rely on how well you study and how well you comprehend the essential prerequisite courses and courses in general.
During the exam, you will be tested on seven different topics. A short test prep course, together with your pre-licensing course, should be sufficient preparation for you to pass the state’s real estate exam. The seven sections of the real estate examination are as follows:
- Real Estate Ownership and Land Use Controls and Regulations
- Agency Law and Fiduciary Duties
- Property Valuation and Financial Analysis
- Transfer of Property
- Property Valuation and Financial Analysis Real Estate Practice and Disclosure
- Real Estate Transactions
About half of all those who take the California real estate test pass with a score of 70 percent or above, according to state statistics. Having said that, don’t allow the state pass rate deter you from taking the exam. Preparation with a prep course is not often followed – despite the fact that it is highly recommended. In the event that you’ve taken a prep course, you’ll be in much better condition to pass the state examination. Yes – and it is critical to recognize the difference between them.
A broker, on the other hand, is in charge of overseeing the day-to-day activities of a company’s operations department.
Having said that, becoming a real estate broker associate with a certified brokerage business is usually considered to be one of the most complete and expedient ways to obtain expertise in the field of property sales and acquisitions.
The process of finding a real estate brokerage to sponsor you as a new licensee isn’t difficult; in fact, most brokerages are “qualified” to sponsor new licensees.
Make use of third-party informational resources, such as those found on AgentAdvice.com, to assist you in making the best selection possible.
Many people believe that a real estate agent and a licensed Realtor are the same thing.
The National Association of Realtors is the only organization that grants you the authority to refer to oneself as a Realtor.
An agent is completely authorized to sell real estate – and if you obtain a real estate license, you will have the authority to do so as well.
A licensed Realtor has sworn a professional oath to put their customers’ best interests first in all of their business transactions.
The official license of a Realtor, on the other hand, provides an agent with an additional qualification that house purchasers are actively seeking.
Real estate legislation in California is extremely severe, demanding that a successful agent has a thorough awareness of California-specific requirements, such as conveyance, contracts, transactions, and deeds, in order to be successful in the state.
Only an official license issued by the state of California allows you the authority to serve as an agent or broker in the real estate market in the state.
To be certain, it’s a good idea to double-check with the California Department of Real Estate before proceeding.
The state component of the real estate test in California will be taken and passed by those who are new to the state or who wish to get their real estate license in the state of California.
Being licensed as an employing broker in California signifies that you have the ability to operate for yourself or for a full-service brokerage company.
A commission-based charge is instead paid for each successful closure, which can be as much as 30% of the total closing costs.. If you do not yet have your license, you should devote your time and energy to becoming a sales representative.