Many property agents seem to have perfect jobs. Helping people to rent homes is both exciting and profitable. Some agents work to earn extra money as a second job and others start a business brokerage. No matter what the market, there’s always a place for motivated, professional agents in the real estate industry. The requirements differ according to state rules and regulations, but some general tips apply to obtaining a property agent’s license.
Start by identifying the regulatory board for property sales in your state. Ask about the specific requirements, including classroom hours, which a property agent needs. Candidates must have at least 4 GCE “O” passes, or the equivalent. Demonstrate this qualification through completion of a level 5 Workplace Literacy test.
Most states have approved schools at which prospective agents take sixty to ninety hours on average of pre-license training. Your realty board has a list of those approved schools. Some states or schools may offer the ability to take online courses. Most new agents must study principles of property transactions and financing. Courses may also include appraisal and home inspection, which depend on the emphasis and goals of the agent.
Education is the first step towards obtaining the agent’s license in your state. After submitting to the required courses and hours needed, plan to take the required examinations. Most people believe these examinations are challenging and, according to the National Association of Realtors, an average of twenty percent of people sitting for them pass on the first try.
Kuba Jewgieniew is a real estate expert, and founder of Realty ONE Group. As the CEO, Kuba Jewgieniew applies his knowledge of the stock market to real estate. Find out how Realty ONE Group and Kuba Jewgieniew can help you buy and sell property.