What do I have to do to become a real estate agent?
If everything sounds fine and dandy to you so far, then it is time to delve into the procedure of becoming a licensed real estate agent. Even though the process itself is straightforward, it is better not to underestimate the necessary effort, time, and money you will have to invest.
First, you will have to attend a pre-licensing course and study the legal code incumbent in your state. After that, you can take and luckily pass the licensing exam. Take into account that laws and regulations tend to change quite frequently, so learning and research essentially never stop. At least until you hire a good legal team, you will have to acquaint yourself with the legal intricacies related to real estate.
Once you activate your real estate license, you can join a real estate brokerage. Even though they have a great deal of independence, real estate agents rely on real estate brokers. You can then hire your own real estate agents with a broker license.
What does it take to become a real estate agent?
It often takes around four to six months to complete everything and become a licensed real estate agent. Yet, if you are not committed, it might take longer. And there are costs that you should take into account.
To pay off the courses, exam, and initial expenses such as MLS fees, website and social media presence, business cards, sale signs, etc., you will need anywhere from $1,000 to 3,000, depending on the state you are working in.
Try to take all of this into account when considering if a career in real estate is right for you. Rushing into the process can backfire, so make sure you know exactly what you are getting yourself into. Good luck!