The Qualifications Required To Become A Realtor

Are you thinking about launching a career as a real estate agent? Well, this is a good move on your part but you need to meet all the realtor qualifications before you can start representing buyers and sellers in real estate transactions. There are many people who have left their careers to become real estate agents and it was a successful move. Here is what you need to know about realtor qualifications and how you can meet them.

General Requirements

• First, you must be at least 18 or 19 years of age (depending on the state in question)

• You must be a legal US resident

• You should complete your required prelicense education (depending on your state)

• Pass the real estate license examination (according to your state)

Although these pointers are the main checklist of what you need to do to become a realtor, there are many more decisions to make. For instance, is being a real estate agent the right career move for you? Keep in mind that as a realtor, you will be working for yourself every day in and out. Therefore, you will handling your own paperwork, office management, developing relationships, dealing with buyers and sellers, prospecting leads and managing contacts.

Before you make the move into the real estate niche, you should reach out to local agents in the area as well as brokers. Find out more about their day to day jobs and ask the relevant questions about being a realtor for the long-term. Keep in mind that starting a career in this field isn’t a hobby because it needs full time commitment. That’s why you need to make sure that it’s the right career choice for you.

How To Become A Real Estate Agent?

Keep in mind that the specifics on how to become a real estate agent will vary depending on your state. However, they can be summarized into the following steps.

1. Understanding The Real Estate Requirements In Your State

If you take a good look at the real estate commission website in your state, you should find the official requirements for pre-licensing. That way, you have an idea of what requirements to satisfy with your educational background and professionally.

2. Join A Real Estate Pre-licensing Course

You can always choose to do this from a live classroom located in various areas in your state or from the local realty firms in the area. Additionally, the courses are also available in the local real estate schools, technical schools and universities. Find a place with the best reputation, with quality instructors and the best content.

3. Apply The Real Estate Salesperson Exam

Once you’re done with your classes, you should apply for the real estate salesperson exam. The process will be specific to your state and there’s a fee attached to it. For instance, you might be required to pass a background check and provide your fingerprints in some areas.

4. Pass The Test

Besides completing the educational requirements, you need to prepare yourself for the test to make sure you pass. You need to take some additional study time to read through all your coursework. There are many realtors who failed the exam on their first try but succeeded on another attempt.

5. Find A Real Estate Broker

Once you have passed the exam, it doesn’t mean you have acquired the license yet. During the licensing process, you should try looking for a real estate broker. After passing the educational requirements and the exam, both you and the broker should complete the requirement paperwork with your state after which your license will be issued. Thereafter, you can start practicing under the sponsorship of the broker.

Our Designations and Certifications

Our Designations and Certifications

To become more successful in your area of business, we suggest that you earn some additional real estate certifications and designations. It will demonstrate to people in your industry and the public that you are committed to your development as a professional and to customer service. You will benefit in your field from additional training and up-to-date information.

If you need to decide which designation program is for you, we advise you to analyze your target market closely, because the program you choose should coincide the market that you target. We added a broad variety of beneficial programs below, but bare in mind; this is not a definitive list. It only includes some of the best and most popular real estate certifications and designations.

CIPSCertified International Property Specialist

CIPS is an international course. The chosen students can earn this designation after finishing the learning course that is focused on certain aspects that include transactions which are transnational. It also includes knowledge of currencies, exchange rates, conditions of the market, investments, taxes, and many more.

Performance Management Network

PMN designation is built for professionals in this industry to get skills that will help them in keeping their business on top of the market. You will acquire the knowledge that will give you tools and means of the real market world. On this course, the topics are about negotiation, business systems, planning, networking, and management of your performance.

Certified Property Manager

Whit CPM course you will be getting designation that will confirm you have real estate skills in management, considering all of the areas of expertise from industrial, trough commercial, to residential. These kind of professionals are managing commercial and office buildings and centers, apartments, and know insurance and tax regulations and laws.

Accredited Buyer Representative

With ABR designation, you will have the expertise to represent real estate clients. With ABR designation, you will have the expertise to represent real estate clients. This certificate is given to the ones who finish an extensive course in client management. They also need to represent buyers in practice where they will close some real estate deals.

Seniors Real Estate Specialist

SRES designation can give you the understanding, and knowledge in the field considering real estate customers and clients that are over 55 years old. It will help you in developing resources and skills you will need for his kind of market.

Looking for something else?

Other courses, designations and certifications you may look into, are: Certified Real Estate Brokerage Manager (CBR); Certified Residential Specialist (CRS); Counselor of Real Estate (CRE); Graduate REALTOR Institute (GRI); Accredited Residential Manager (ARM); Certified Relocation Professional (CRP); Resort & Second-Home Markets Certification (RSPS).