how does someone get a real estate license? how is the process? and how hard/easy is it? also, what do i do after i get it? where do i get a job, how much it pays and...will i get a job? thnx!
Each state is different and this is the World Wide Web.. You can get a lot of great advice here but I would suggest going to a couple local real estate office in your area and talk to them. Call make an appt. I am recently licensed and this is what I did. I was surprised how eager different broker were to talk to me. As far as pay, don't expect any for a while. Expect to pay out. I currently have a good paying job and plan on basically just advertising and marketing myself for a year before I make any decision wether or not to make this a full time career. In may area I figure I would have to selll 3-4 homes a month to beat my current salary. We do have large farms, if I could break into that I would only need to sel 3-4 of them a year.
Check with your state's real estate commission to see the requirements to become licensed, because it varies by state. Classes are usually available through community colleges and by privately owned real estate schools. The latter usually costs a little more, but the classes are usually shorter (i.e. four 2 day weekends, 8 hours a day at vs. a semester at a CC). Most people that I've talked to preferred the private schools because learning the information in a compressed time worked better for them. You're more likely to have forgotten material you learned in January for a test you take in June. Plus, if you have a family taking the class in a compressed schedule may prove to be less disruptive. I attended a private school every weekend for about a month for those reasons. Finally you'll usually have to pass a criminal background check, credit check, then state test in order to become licensed. Like a previous poster, I got my license earlier this year. I plan to continue working my full-time job for a while. Keep in mind that you'd be working as an independent contractor. So you'd be responsible for your own health insurance, retirement, etc. And like others have said, don't expect to make any money for a while. Depending on the agency you decide to work with you'll likely have to pay desk and/or regional fees every month. At a minimum you'll have to pay monthly access for the MLS, annual dues to the National Association of Realtors, and various fees to the state in order to practice and maintain your license. Additionally you'll have to take continuing education classes every year. Good luck!
trake a course and take the test. you are paid commission.
go to your local community college....you take two intro courses...take the test...after that you can get a job at a realty office...but you have to pay them to work there....and you get a commission of everything you sell but the market is bad right now and don't expect to make any money for a while
Each state makes their own laws for licensing any professional, including real estate agents. Most require a test, and few if any waive the test for out of state licenseholders. I'm not sure if any require a course at all, even for first timers. I can tell you that the courses are designed to tell you the things you need to know to pass which are matters of law, not necessarily common sense, that will tend to vary from state to state. For example: Does the state require you to pay a buyer interest on the deposit/earnest money? Is it permissible to represent both the Buyer and the Seller? If so, what must you do to prove informed consent of both? What is the minimum amount of time you must put into the contract for the buyer to obtain a licensed home inspector? Must you put any at all? Are hubbard clauses legal? Is the contract legally binding without earnest money? Take the course.
