What Does It Take To Become A Real Estate Agent?

Becoming a real estate agent is not the most painful of processes. It requires some study and education, but what in life doesn’t? It doesn’t require nearly the investment of time or funds that becoming a doctor or an attorney would require and yet offers quite a flexible and potentially lucrative career path. The first thing to remember before you embark on a career path in the direction of real estate is that it is not for everyone and you really need to research not only the field but your own personality to see if your needs, the needs of your family, and your own preferences in dealing with people are a good match for a real estate career.

The first thing you need to do is determine what the laws are in your particular state on becoming a real estate agent. Most states require at minimum that you pass a particular exam that is offered by the state in order to receive a license to sell real estate. Many of these require that you take certain coursework and pass a preliminary exam before even sitting for the state offered examination. Find out which classes you need, whether or not the classes are legally required, you will most likely find them to be quite beneficial not only in increasing your knowledge of your states laws and requirements concerning real estate but also in greatly improving your performance on the state test. Sign up for the classes, you may have to wait a while before taking them but if this is truly the career path you wish to take it should be worth the wait. Keep in mind that the exam to become a broker is much more intense than to become a real estate agent. Decide before taking the exam which one you wish to be. Not only is the exam more difficult but the liability you are taking on as a broker compared to a real estate agent have a much broader scope.

When you are just starting out, it may be very beneficial for you to go with a firm that offers not only ongoing training for real estate agents but mentorship programs where a real estate veteran takes a new agent under his or her wing and helps you along. While there are drawbacks to going with an agency, unless you have a substantial amount of money saved to support your family and build a business from scratch this may be your only option. Larger firms have name recognition in their favor in addition to multiple brokers bringing multiple listings to the table rather than one person trying to do it all alone. Larger firms also offer a potential for advancement to positions such as sales manager or general manager where your income has the potential for exponential growth.

These are some things to keep in mind as you consider and possibly embark on a career in real estate. Good luck if this is what you chose, real estate can be a very challenging but equally rewarding career path.

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