As a side note, I would advise against accepting an offer like this because there is always a catch. In fact, some brokers will try to lure new candidates by offering to pay for their real estate courses. This position is 100% commission-based, which means brokers are always trying to recruit new agents. They think, “Why would someone hire me? I’m new, I just got my license, and I don’t know anything.”
You get access to hundreds of video tutorials and a video course led by real estate expert Sherri Johnson, who will teach you how to close your first deal within the first 90 days.Ī lot of people have concerns about finding a broker.
What I really like about this package is that it not only helps you get licensed, but it also provides additional training for after you are licensed with the 90-day boot camp and 1-year Professional Development membership.
This includes everything in the other packages plus they will mail you copies of the hardcopy books, which makes studying a lot easier. If you want the best chance for success, you will want to go with their Ultimate Learning package. The instructors are on a webcam, so you can see their faces as they answer your question. The Exam Preparation Plus package gives you the ability to interact with live instructors through the Instructor Q&A. That means if you do not pass the state exam, they will give you 100% of your money back. Their Exam Preparation package gives you over 1,000 multiple-choice questions to prepare for the state exam and is backed with a money-back guarantee. Regardless of which state you are in, they have 4 different packages to choose from.
From there, they offer more expensive packages that add on study materials to prepare you for the state exam, such as practice test questions and instructor support.įor example, the biggest online school is Real Estate Express. Their lowest (and cheapest) package just gives you the required prelicensing course. If you are working full-time or just have a busy schedule, this will be the best option for you.Īll online schools have different levels of packages available. Online schools will typically give you about 6 months of unlimited access to finish the courses. You can study from anywhere and at any time. At the end of the chapters are multiple-choice quizzes and at the end of the course is a final exam. This is essentially just like reading a book online.
This is the cheapest, most convenient, and typically the fastest way to complete the courses. The vast majority of people today get their license by taking online courses. Each state has two levels of real estate agents: people who own the company and the people who work for them.īelow are some examples of what they are called. Fortunately, they are the same in principle. Reciprocity is not widespread among states, so it is usually the exception rather than the rule.Įach state not only set their own rules and regulations, they use their own terminology.
If you are licensed in one state, a different state may grant you partial or full credit for having an existing real estate license. As you can imagine, there are similarities across states, so some states will have reciprocity with each other. This means that all 50 US states have their own real estate commission to establish their own criteria for obtaining a real estate license. For example, if a person is caught breaking the law, then the government can revoke a person’s license to prevent them from working in real estate in the future.īecause every state governs itself and makes its own laws, there is no such thing as a national real estate license. This is needed because there are a lot of shady and unethical people out there and issuing a license allows the government to track an individual’s work history. If you want to work on anything related to the real estate industry, you need to obtain a license. We will go over what you need to know, and most importantly, what you actually need to know. In this blog post, we will give you a brief introduction about what it takes to get started in the real estate industry so you can determine if this is something that you want to do. And the only thing better than achieving your own dream is the satisfaction of helping others to obtain theirs.
The truth is that anyone can get into real estate because it involves something that we all have in common: wanting to find a place that we can call home. There are teenagers who are still in high school, new college graduates looking to build a full-time career, people who already have a full-time job and want a secondary source of income, or retirees who are just looking for a hobby. People enter the real estate industry from all types of backgrounds, age groups, and for all sorts of reasons. If you are reading this, the real question you are probably asking yourself is “ Should I become a real estate agent?”