How long does it take to become a real estate agent? This is a very valid question to know before thinking of taking a real estate certification course. For anyone considering becoming a real estate agent, it’s important to know how long it can take to become one so you don’t waste your time on what is not favorable to your timeline.
Most people always want to start working in the real estate industry right away without going through all the steps and requirements necessary to become an agent, only to find out they’ve wasted their time because the process of licensing is too long and complex.
However, if you read this blog post, you can learn about how long it takes to become a real estate agent and decide whether or not it’s worth your time and effort to pursue this goal at all.
Why Become a Real Estate Agent?
There are many reasons why people choose to become real estate agents. They range from job security, interesting work, and flexible hours, to working with people and helping them accomplish their goals. These are all enough reasons to want to venture into the real estate market and become the most sort after agent with massive portfolios.
Becoming a successful agent requires motivation, diligence, hard work, and persistence in order to secure listings and negotiate the sale prices of homes and properties.
However, some of the reasons why you may want to become a real estate agent may be
– Real estate agents are paid on commission
Meaning that their income is directly related to how many properties they sell which offers more chances to earn even more income as compared to other white-collar jobs.
This simply means that the more homes and other properties you sell or lease, the more money you’d be making for yourself. In general, you can expect an average starting salary of $37,000, with top agents earning upwards of $100,000 per year by simply connecting property buyers and property sellers together.
– Real estate agents have flexible business hours.
You can choose your own schedule, allowing you to balance work and family obligations with no stress. You can also choose where you want to work, either in an office or on your own.
Most offices are open during regular business hours, Monday through Friday, but some offer 24-hour service and weekend appointments as well. But as a real estate agent, you are not under any compulsion to know what to stay 9-5 in an office.
– Many people enjoy working with people.
Becoming a real estate agent is an excellent way to meet new people in different political and financial classes by helping them find their dream homes in the cities. Real estate agents also get to know their clients on a personal level, which can lead to lasting friendships and thereby bring more referrals.
– Real estate agents are in high demand and are expected to see continued growth in job opportunities over the next decade.
Steps to Becoming a Real Estate Agent
The first step to becoming a real estate agent is passing your state’s licensing exam. The requirements and costs vary from state to state, but most states allow you to take their exam after completing 30 hours of pre-licensing education.
However, below are the step and procedures you need to follow if you want to become a real estate agent.
- Research Your State’s Requirements
- Take a Prelicensing Course
- Take the Licensing Exam
- Activate Your Real Estate Agent License
- Join a Real Estate Brokerage
How Long Does It Take to Become A Real Estate Agent?
First, you must first take some classes, but once that’s out of the way and you have obtained your license, there are some things that you should know about being a real estate agent.
Although their main goal may be to sell the property and make commissions on sales, they also provide great service by finding homes for people who are in need of them.
The time it takes to become a certified real estate agent varies depending on a number of criteria. Even the educational requirements for becoming a real estate agent differ from state to state.
Depending on the state, the number of hours required to obtain your license might range from 45 to 75.
The majority of these courses can be finished in a few weeks, after which you must pass a state real estate exam to obtain your license.
However, in some other states and versities, it can between 3 weeks or more to get a license and become a real estate agent.
What Type of License Do I Need As A Real Estate Agent?
If you’re just getting started, you’ll need at least an associate broker license.
This license allows you to perform most of the functions of a real estate professional, such as giving property tours and showing homes, but not all of them.
If you want to be able to negotiate or present offers on behalf of your clients, for example, then you’ll need an open or broker-salesperson license.
How much does it cost to become a real estate agent?
Becoming a realtor takes around 6 months. However, the cost of becoming a real agest agent varies depending on several factors and the state.
However, below is a breakdown of the estimated cost of becoming a real estate agent.
Estimated Costs: $200 to $1,000
- State Licensing Exam
Estimated Costs: $85 to $200 per test
- Background Check
Estimated Costs: $50 to $100
- Hanging Your License With A Broker
Estimated Costs: Varies by brokerage
- Marketing Costs
Estimated Costs: $1,000/year, etc
Note the figures mentioned here are estimates which could even be more or less depending on the state and other factors
How Long Does It Take To Become A Real Estate Agent In Florida?
The time it takes to acquire a Florida real estate license ranges from 2 to 5 months on average. Some students can finish the requisite 63-hour Pre-License course in as little as a few weeks, while others may take months depending on how much time they have to devote to their studies.
How Long Does It Take To Become A Real Estate Agent In Ontario?
There are flexible timetables available, including online learning choices for people who live far away, and the course must be completed in order.
Because of the flexibility, candidates’ completion times vary, but in general, it takes nine months to a year to fulfill all of the program’s requirements.
How Long Does It Take To Become A Real Estate Agent In California
The time it takes to complete the 135 hours of pre-licensing courses and pass your licensing examination, as well as the time it takes to complete the application procedure and find a sponsoring broker, takes between five (5) and six (6) months on average.
How Long Does It Take To Become A Real Estate Agent In Texas
To apply for the Texas Real Estate License Exam, a candidate must complete 180 hours of Texas Real Estate Commission-approved college-level real estate courses. Kaplan offers four education options that satisfy the requirement.
How Long Does It Take To Become A Real Estate Agent In The UK
However, that being said, being an estate agent in the UK does not require specific qualifications or licensing. Some companies may require their agents to undergo training for at least a month.
In A Nutshell
How long it takes to become a real estate agent depends on various factors but ranges from a week to a year depending on the state and its requirements for licensing.
There are plenty of positions available for newer agents who just want to learn on-the-job experience, so getting started doesn’t have to mean making compromises.