In order to sell a home, you will need a real estate license. However, most states require less time for obtaining this license than others. Getting your license to sell a house does not mean you can start showing homes immediately. You will need to find clients first. If you are a recent college graduate, you may be able to get your license much faster than someone who has not completed their education.
Those looking to become a real estate agent should be aware that licensing is not free. It requires significant financial and time investment. You should budget for these expenses before you start your career in real estate. After earning your real estate license, you will need to sit for a test that will test your knowledge of real estate laws in your state. It will take between thirty to 90 hours to pass the test.
One of the biggest benefits of having a real estate license is that it gives you access to deals that you may not otherwise have access to. If you are an agent in a brokerage that is not a member of the MLS, you can avoid paying the MLS fees. In this way, you can work with a top-tier agent who will pay you a referral fee. You will be compensated 20-30% of the commission you earn when someone buys or sells a home through your referral.
If you are interested in a career in real estate, you should take a prelicensing class. Kaplan’s goal is to help students pass the real estate exam. The prelicensing packages include a comprehensive Exam Prep Course, practice exams, and topical reviews. These materials will help you prepare for the real estate exam, and they will make you feel confident and ready for it on test day. Kaplan’s students will walk away with a passing grade.
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