While the real estate business may have slowed down in 2020, reports state that the industry shows a promising future, with the housing market predicting new homes sales to rise to 920,000, increasing the demand for expertise. This means that homebuyers, renters, and investors will turn to agents to help them with their home purchases and sales and any representation in legal negotiations. But how do you become a real estate agent?
Pass Your Exams
The first step to becoming a real estate agent will be passing your exams. This often requires a few qualifications, with agents in the US expected to be at least 18 years old. In addition to this, agents must have a high school diploma or its equivalent, pass a written exam and complete a stipulated number of hours of courses. Since each state has different licenses, agents will be required to schedule their exams via the preferred state commission.
Do a Certified Course
Having the right education qualifications will also help set you up as an agent, with numerous universities offering suitable courses. Classes will often be tailored for students at the associate, bachelor’s, and master’s levels. Certificates and online programs are also available, allowing you to benefit from flexible hours.
Renew Your License
After you have completed your exams and classes, you can now sign up for your license. Numerous states require real estate agents to renew their licenses every 2 to 4 years, with professionals also advised to take continuing classes to better their skills.
Working With a Brokerage Firm
The next step to accomplishing your career will be working with a brokerage firm. This allows you to build credibility as a trustworthy agent while also equipping you with the skills needed to work with clients, allowing you to get more experience. This will be crucial in helping you learn trade concepts such as the ethical standards and legal frameworks required in your business.
In addition to this, working with a firm will create meaningful connections that help you build a strong base for future clients when you decide to start your practice. If you are also looking to minimize infrastructure costs, brokerage firms are the best at helping keep your operating costs low, as they often come with marketing tools and desk setups.
If you are looking for finances to kick-start your journey, consider giving DAL Commercial Capital a call today. We can finance your courses while also helping you take care of your licensing and real estate business costs.