How to Become a Real Estate Agent and Earn Your License

If you want to become a real estate agent, then you’ll need to earn your license. And the only way that can happen is by completing some form of education and/or apprenticeship and passing a state exam. Below we’ve outlined the steps involved in becoming an agent.

Steps to Become a Real Estate Agent

1. Check Your State’s Requirements

To become a real estate agent, you’ll have to fulfill the state’s prerequisites. Generally, most states require that a person be a minimum of 18 years old and have a high school diploma or GED. Some states also require that applicants have some experience in customer service.

2. Get Your Education

Once you have evaluated the requirements and seen you can fulfill all of them, you’ll need to get your education with an approved instructor/school to qualify for the test. An approved course is usually anywhere from 30 hours up to 120 hours long. In addition, many courses will include information on state regulations and laws as well as ethical issues when working within legal boundaries. They may offer assignments and homework which can give students valuable knowledge before entering the field.

3. Take the State Exam

After completing your education, you’ll need to take and pass a state exam to earn an agent’s license. The test will be based on information learned during training such as state regulations and laws. If you don’t pass the test the first time, some states allow re-testing within 90 days or up until one year later, while others will require that applicants go back and take another course in addition to their original class before they can retake the exam.

Re-testing sometimes costs more than just taking a regular course. Before heading into the testing process, you must be well prepared for any type of question that may come your way so that passing will not be a problem.

4. Get Licensed

After you’ve passed the exam and fulfilled any other requirements your state may have, you will officially be a real estate agent. You’ll need to fill out some forms and make an appointment with the proper authorities in order to receive your license and can begin working as a licensed agent.

5. Find a Brokerage to Work Under

After becoming a licensed agent, you will need to find a brokerage that you’d like to work under and gain experience. As a new real estate agent, you want to work under a brokerage that can guide and mentor you suitably. There are numerous real estate firms and companies that employ agents, some big and others small.

You can begin by looking through the phone book or by searching for brokerages online so you can see what’s available in your area. Once this is complete, ask around as to who has been in business for a while and which brokers have been successful. The last thing anyone wants to do is work for an agency that does not have a great reputation or fails within a few months of being opened.

What are the Benefits of the Real Estate Agent Career?

A key benefit of becoming a real estate agent is being your own boss. The job itself comes with its fair share of challenges, but it also offers flexibility in terms of both time and money. As an agent, you will be able to set your own hours, which gives you the freedom to spend time with family or friends when they are available.

Being able to work whenever you want without the restrictions found in other types of jobs can be quite rewarding, especially after working long hours week after week doing something where you don’t get paid for overtime. The pay can also be more than what most entry-level positions bring because there are multiple revenue streams available including commissions on completed sales as well as marketing fees from companies later on down the line.

Agents also have the opportunity to use their entrepreneurial skills when working in their own companies. With this comes a sense of accomplishment and pride which makes the work rewarding rather than just another job.

Now that you know the steps to become a real estate agent, you can begin your career in the real estate industry. The requirements and prerequisites may vary from state to state, but you must continue to meet them to keep your license active and remain in good standing. If you’re in Minnesota and are considering a career as a real estate agent, consider working with a company like explore real estate. They provide training, education, and coaching to equip you with the right know-how so you can earn your license, become an excellent agent, and lead a rewarding career.

Daniel Bailey is a known content writer from California, USA. He writes content in different niches such as social media marketing, finance, business, etc. He’s a day time blogger and night time reader currently working for some blogs. He enjoys pie, as should all right-thinking people.

How to Become a Real Estate Agent and Earn Your License

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