Hello World! Welcome Friends! Are you looking to become a real estate agent? In today’s world, it is a worthy goal. The last couple of years have shown significant growth in National Association of Realtors members. In order to achieve this goal, you need to obtain your real estate license at Fastpass Learning. To do that, you need to follow these guidelines.
Determine Your States Requirements
Regardless of whether you want to be a real estate agent or real estate developer like Angelo Ingrassia, you need your real estate license. The first step to achieve this is to first research and determine your state’s requirements. Since there is no national real estate license, you will need to meet the conditions of your state. Every state usually has specific prerequisites based on a person’s age, education, exam eligibility, background check, and continuing education.
Take a Prelicensing Course
No matter the state you live in, it is required of you to take a prelicensing course which usually costs over three hundred dollars. It also must be completed through an accredited real estate licensing school. This way, you will have no problems when you sit for the licensing exam. Thankfully, there is usually an option for taking this course online so you can complete it in the comfort of your own home.
Take the Exam
Once you have finished the course, it is time to schedule your exam. Your instructor should explain how to prepare, register, and pay for the exam. Usually, you will need to pay between a hundred and three hundred dollars for the test. To avoid wasting this money, it’s a good idea to find the best study guide for real estate exam. Revising properly will help you to pass, ensuring your money is not wasted.
The exam itself is split into two parts: a national piece focused on general real estate principles and practices and a state-specific portion that concentrates on the laws of your state regarding real estate. The test is usually in a multiple-choice format, and the amount of questions is different between states usually.
Every section is scored individually, and to pass, you need to receive passing grades in both portions. If you fail, you will need to look into how often your state allows you to retake the exam. Again, each state is different.
Activate Your License
After passing your real estate exam, you will need to activate your license. This, unfortunately, requires another fee to submit your application of around two hundred to three hundred dollars.
Once your application is approved, your state will mail you your certified real estate license, and you can search your name under the licensees section of their website. One vital thing to remember is that until you receive your license in the mail, you are not allowed to work as a real estate agent.
Real Estate Agent Vs. Realtor
Many people may think that real estate agents and realtors are the same. On the contrary, they are different. They are both licensed, but realtors are members of the National Association of Realtors and follow the strict Code of Ethics. Once approved, you must determine if you want to be a real estate agent or realtor or pursue becoming a real estate developer.
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