If you are thinking about becoming a real estate agent, you need to get a real estate license. There are a number of steps that you need to complete before you can apply for the license. It is important to know what the requirements are to be eligible for a license and what you need to do to get one.
The Age Requirements
The age requirement to become a real estate agent is 18. Most states will require you to be this age before you can get a license. It is important to note that it might be hard to break into certain markets as a young agent particularly if there are many established older agents in the area. However, this does not mean that young agents are not able to compete.
The Formal Education Requirements
In most states, you will need to have a high school diploma or a GED to be eligible for a real estate license. There are some states that allow you to become a real estate agent without completing high school as long as you meet the age requirements. There are no tradition educational requirements from a university for being a real estate agent. However, all states require you to meet the real estate education requirements.
The Real Estate Education Requirements
All states will have a pre-licensing education requirement before you can qualify to take the state license exam. The number of required hours and the course curriculum will vary depending on the state. Most states also require you to take a post-course exam and achieve a set score in order to qualify for the state license exam. A listing of real estate schools in your state can be found on the real estate commission website for your state.
It is important to note that there are some states which require you to complete post-licensing education. This education will need to be completed before your license can be moved from probationary to full. The courses will vary depending on the state and not all states require this.
Once you have your license, you will be required to complete continued education. Some states will have an annual renewal period for their license and you will need to show that you have completed the continued education courses to renew your license. There are other states that require license renewal after a number of years which provides you more time to complete the continued education.
Taking The Exam
Once you have completed the pre-licensing courses, you will be able to take the state license exam. The exam will generally consist of 2 sections with the first dealing with national real estate and the second with state-specific 3cre – Commercial Real Estate. Both of these sections are formulated to test your knowledge regarding real estate policies, practices and terminology.
You will need to pass this exam with a certain percentage or higher to qualify for a real estate license. Fortunately, you can contact as there are many real estate schools that offer exam prep classes that will help you prepare.