A-Ha! Real Estate Academy

What Does it Take to Earn Your Real Estate License?

We’ve all heard the stories about the challenging real estate exam and how many first-time test-takers struggle to pass. Real estate is a demanding profession, and the licensing exam reflects that. However, don’t let this discourage you. Taking real estate classes and dedicating yourself to studying can significantly improve your chances of success. If you’re new to real estate, you might not be familiar with all the requirements. Keep reading to learn more about the real estate classes you need to take to earn your real estate license, no matter where you are in the United States.

How to Get Your Real Estate License

Obtaining a real estate license is a straightforward process that varies slightly from state to state. Generally, to be eligible, you must be at least 18 years old and have a high school diploma or GED. The steps to get your real estate license typically include completing a pre-licensing course, passing the state licensing exam, and fulfilling post-licensing and continuing education requirements.

Pre-Licensing Course

In some states, to become a real estate agent, you need to complete an approved pre-licensing course. The number of required hours can range from 60 to 150, depending on the state. This course will cover everything you need to know for both the national and state portions of the exam. Common topics include:

real estate license

  • Property Ownership
  • Valuation and Market Analysis
  • Financing
  • Principles of Agency
  • Disclosures
  • Contracts
  • Leasing and Property Management
  • Transfer of Title
  • The Practice of Real Estate

Additionally, each state will have specific topics related to its regulations and procedures. For instance, you might learn about state real estate commissions, licensing requirements, and office procedures unique to your state.

You can choose between online and in-person classes for your pre-licensing course. Online real estate classes are ideal for those who prefer to learn at their own pace, while in-person classes are great for those who enjoy a group setting and networking with future colleagues.

State Licensing Exam

After completing your pre-licensing course, you will need to pass your state’s real estate licensing exam. The exam typically includes two parts: a national portion covering general real estate principles and practices and a state-specific portion focusing on local laws and regulations.

Post-Licensing Course

Once you have obtained your real estate license, most states require you to complete a post-licensing course within the first year or two. This course is designed to provide new agents with additional training and covers various aspects of real estate transactions, including:

real estate license

  • Unauthorized Practice of Law
  • Contracts
  • Listing and Purchase Agreements
  • Required Disclosures
  • Offers and Counteroffers
  • The Closing Process

The number of hours and specific requirements for post-licensing courses vary by state, but they are essential for ensuring new agents are well-prepared for their careers.

Continuing Education

To maintain your real estate license, you will need to complete continuing education (CE) courses annually or biannually, depending on your state’s requirements. Typically, you will need to complete 12 to 15 hours of CE each year. These courses help you stay current with industry changes, legal updates, and new business practices. Some common CE course topics include:

  • Fair Housing
  • Ethics and Professional Standards
  • Real Estate Finance
  • Sales and Marketing Techniques
  • Technology in Real Estate

Choosing the Right Real Estate School

Selecting a reputable real estate school is crucial for your success. Look for schools that offer comprehensive courses taught by experienced real estate professionals. Online reviews and recommendations from current real estate agents can help you make an informed decision.

Preparing for the Real Estate Exam

Here are some tips to help you prepare for your real estate exam:

  1. Study Regularly: Set aside dedicated time each day to study the material. Consistent study habits will help reinforce your learning.
  2. Take Practice Exams: Many real estate schools offer practice exams that mimic the format and content of the actual test. These can help you get comfortable with the types of questions you’ll encounter.
  3. Join Study Groups: Studying with peers can provide additional insights and help you stay motivated.
  4. Use Flashcards: Flashcards are a great way to memorize key terms and concepts.
  5. Stay Positive: Maintaining a positive attitude and staying confident in your abilities can make a big difference.

Earning your real estate license is a significant achievement that opens the door to a rewarding career. By completing the required courses, studying diligently, and choosing the right real estate school, you can set yourself up for success. Whether you’re just starting or looking to advance your career, investing in your education is the first step towards a prosperous future in real estate.

Ready to take the next step? Contact us for more information or to register for real estate classes today.

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