How to Get a Real Estate Sales License
Real estate is a fun and profitable industry. Whether your dream is to make extra money, or start your own brokerage, there is always room for advancement in the real estate industry. But, first, you need to get your real estate sales license. While regulations vary from state to state, there are a few general guidelines that you can follow. Read more to learn how you can successfully obtain a real estate license.
Instructions
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Find your state's realty regulation board. Each state has individual requirements for a real estate license. It is a good idea to make this your first stop on the road towards getting your real estate sales license. If you are not sure how to find your state's board, just do a web search for realty regulations in your state.
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Look for a school. Most states will require 60 to 90 credit hours of real estate courses in pre-licensing. Your realty board will have a list of approved schools. Depending on your state, you may be able to complete the coursework online. The two main courses are: Real Estate Principles and Real Estate Financing.
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Take your licensing test. Once you have successfully completed your real estate Pre-Licensing courses, you will need to take your state's realtor exams. Please note that these tests are quite difficult and it is common for only 20% to pass them the first time. You'll really need to study hard and apply yourself to pass these tests.
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Pay for your license. If you pass your test, you will be able to purchase your real estate sales license from your state's regulating board. This can range from $100 to $500, depending on the state.
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Find a brokerage. You will need to work for a company until you have attained your real estate broker's license. It is a good idea to continue your education once you have found employment. This will help you work towards your broker's license and give you the knowledge you need to be an effective real estate sales person.
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Tips & Warnings
It is a good idea to take advantage of books and online test preparation for your real estate license exam. These resources will prepare you for this difficult exam.