Question

Before you can become a licensed real estate broker, you have to serve a period of time to get

experience as well as meet other requirements. What are these requirements and why are they

necessary.

Answer 1

You must meet unique criteria to obtain and use your licence. Such conditions are highly dependent on the state you apply to become accredited to. Real estate licenses are state-specific, so obtaining one in a particular state only gives you the license you need to operate lawfully in that state as an immovable agent. As a result, each state is authorized to explicitly determine which standards you must meet to become licensed and remain licensed.

Your state would likely allow you to be at least 18 years old to become a real estate agent. Many young agents find it hard to succeed in a career that is predominantly dominated by older agents with greater spheres of influence and more business experience. Young real estate practitioners, however, also bring passion and eagerness to the job which can go a long way to creating a productive career in the real estate sector.

For most states, your graduation from high school is the only formal educational achievement you need to meet to receive your real estate licence. In certain states, as long as you meet the minimum age requirement, you are not even necessary to complete high school for licensure. In order to become a licensed real estate agent, you are often not expected to complete post-secondary education (traditional university or tech school education). Nevertheless, in order to receive licenses, a number of states need more formal education.

Many states have a provision for pre-licensing education that you must meet to qualify for taking the state test. The number of hours required and the course curriculum is determined by the real estate commission of the State. Schools providing immovable prelicensing education in a given state must meet the criteria of the state and obtain approval. Many states often allow you to complete a post-course test (usually conducted by the property school that provided your pre-licensing education) and get a sufficient score to apply for the state licensing test. A list of licensed real estate schools for your state's real estate commission can be found on the website.

The state may also allow you to meet a course for post-licensing (or first renewal) education after you have passed the real estate licensing test. Sometimes this provision will consist of a class or sequence of classes that you must take to transfer your license status from probationary or conditional status to full licensing.

After you have earned your license and met all post-licensing conditions, you will be allowed to complete over a given period of time a limited number of state-approved hours of continuing education in the real estate. Many states have regular or multi-year cycles of renewal starting and ending on a fixed date

Every state allows you to complete an review of the state-administered real estate licensing before you get your real estate license. This review also involves a portion of the country and a portion of the Government. All sections of the exam are structured to test your knowledge of real estate procedures, regulations, and terminology to ensure that all licensed practitioners enter the sector with an equal basis of basic knowledge of the industry. Most schools offer preparedness courses for the real estate review. The state does not require such exam preparation classes. They are structured to review important concepts from your pre-licensing education and fill holes in your experience and what will be covered by the State test.