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.
• 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.