How long does it take to get a real estate sales license?
When can someone become a real estate agent? Many individuals ask this question, and the response varies from state to state.
We will go into great detail about how to become a real estate agent in this blog post. We will go through the educational requirements, the length of time it takes to obtain a real estate license, and how to pick the best brokerage.
Each state is unique
Depending on your state, several steps may be required to become a real estate agent. You will often need to finish a course of study and pass a real estate exam.
You must enroll in a real estate school that is accredited in order to obtain your license. You will receive all the information required to pass the license exam from the institution. It is crucial to check with your local real estate commission for further information as the educational qualifications can differ from state to state.
You must take the real estate exam after completing your education. All of the topics you learnt in class will be covered in this exam. It is crucial to study and practice as much as you can in order to be well-prepared for this test.
Depending on your state, obtaining a real estate license can take a variety of times. In rare circumstances, you might be able to sit for the license exam immediately away after finishing your course of study.
If you want to learn more about the procedure in your state, it’s vital to contact your local licensing board.
School for Real Estate License
Enrolling in a pre-licensing course is the first step in obtaining a real estate license. To obtain your license, the majority of states demand that you enroll in a recognized real estate school.
You will receive all the information required to pass the real estate exam from the institution. You will gain knowledge on issues including financing, property law, and contracts.
Attempting sample examinations and quizzes will give you the chance to prepare for the licensure exam. You have a better probability of passing the test on your first try the better prepared you are.
Real estate classes offered online versus in person
Whether you prefer to attend your lessons online or in person will affect how long it takes you to obtain your real estate license.
Although there is more flexibility with online real estate programs, you must be self-motivated to achieve. If you like more structure and direction from your instructor, attending real estate school in person is a fantastic choice.
The same curriculum and real estate exam preparation are offered by both on-campus and online real estate colleges. You must choose the solution that best suits your needs.
Typically, it takes a sales representative between two and three weeks and several months to finish online real estate programs. The average time for in-person is at least six weeks, although it might take considerably longer.
Examine for a Real Estate License
You must pass the real estate license exam after finishing your real estate courses. All of the topics you learnt in class will be covered in this exam.
It is crucial to study and practice as much as you can in order to be well-prepared for this test. You have a better probability of passing the test on your first try the better prepared you are.
Depending on how many tries it takes you to pass the licensing exam, it will take you a certain amount of time to obtain a real estate license. The majority of states have an average first-time pass percentage for state exams of about 50%.
You will normally need to wait a few days to a week before retaking the exam if you need to.
Following the real estate exam, what comes next?
You must submit a license application to your state’s licensing board after passing your licensing exam. You will need to provide personal information for this application, including your name and Social Security number.
A copy of your passport or license may also be required from you.
You will receive an inactive real estate license in the mail after the application has been processed.
Now that you have your expired real estate license in your possession, you must select a sponsoring broker or company.
Pick A Reputable Real Estate Brokerage
You must pick a real estate broker when you are prepared to begin working as a real estate agent. Making this choice can be challenging, especially if you don’t have much experience with brokerages.
Here are some factors to take into account when picking a real estate broker:
- Size of the business
- The sort of business
- the company’s location
- The services that the business provides
- The split in commission
- The company’s support services and training
I couldn’t be more pleased with my decision to work with eXp Realty. They provide excellent training and assistance, as well as a generous commission split. They are a brokerage that is entirely cloud-based, so I can operate from any location in the world.
Visit my partner page for more details if you’re interested in working with me or learning more about eXp Realty.
After deciding on a brokerage, you will ultimately need to fill out and submit a licensing application to the business.
Standard Requirements
You should be aware of a few standard prerequisites that could affect how long it takes to obtain your real estate license, including the following:
Age: To obtain a real estate license, you must be at least 18 years old.
Education: In order to obtain your license, the majority of states demand that you possess a high school diploma or its equivalent.
Criminal History: If you have been convicted of a felony or another crime involving dishonesty, you could not be eligible for a real estate license.
Continuous Learning
While the time it takes to obtain your real estate license is not directly impacted by this, it is nevertheless necessary to be informed of the state’s continuing education requirements.
To keep their licenses active, real estate agents are typically required to complete a predetermined number of hours of continuing education every two or three years.
Broker’s Permit
Your broker license normally takes two years to obtain, if that is what you’re wondering.
You must possess an active real estate license and fulfill the schooling requirements set forth by your state in order to obtain a broker license.
Additionally, you’ll have to finish a predetermined amount of hours of continuing education as well as a minimum quantity of transactions.
After that, you’ll need to successfully finish your broker application and pass the real estate broker exam.
Once you’ve finished, you can either start your own brokerage or work as an associate broker for a bigger firm.
Final Thoughts
You now have it. All the information you require regarding the length of time required to obtain a real estate license in each state, as well as some advice on how to complete the procedure as quickly as possible.
If any of this information has been useful to you, don’t forget to visit my preferred online real estate school. They are now offering a 25% discount when you use the code “Kyle25” at the time of purchase.
I sincerely hope that this knowledge aids you in your efforts to obtain a real estate agent license!