How to get your Real Estate license and become a Real Estate Agent

As a full time actual property agent since 2008, that is the most typical query I get requested – so that is my video addressing anybody all for moving into the true property gross sales business. It’s been the funnest “job” I’ve ever had and I couldn’t think about doing something aside from working as a Realtor and investing in my very own properties on the aspect. Feel free so as to add me on Snap/Insta: GPStephan

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Benefits of changing into a Realtor:
-You don’t want a university diploma
-You make your personal hours
-You don’t must be in an workplace all day
-You can put on what you need, for probably the most half
-You can straight management your earnings
-You can meet individuals you’d by no means ordinarily meet
-You get to see some loopy cool houses
-You can signify your self once you purchase/promote your personal properties
-You get nice tax benefits and tax deductions

On the draw back:
-Many individuals fail
-Many individuals by no means generate income
-Your earnings could be very sporadic (excessive highs, low lows)
-The hours could be odd/inconsistent
-Not everybody can deal with working with individuals and a number of personalities

You don’t want any prior information in the true property business, though you will have to study a major quantity as you go alongside.
It additionally doesn’t take a ton of cash to get began – so long as you may have some financial savings to cowl your self till you begin incomes constant cash, which may very well be 6-12 months from once you begin, the charges are manageable. The value of really changing into licensed may very well be as little as a number of hundred {dollars}.
It’s additionally an excellent profession to begin once you’re younger – since you may have little or no overhead, it’s a good time to start studying and honing your abilities. By the time your older, you’ll have already got established your self within the business.

First step is getting your actual property license. The necessities differ from state-to-state, so google “How to get your real estate license in (your state here).”
You’ll often must enroll in an actual property course which is usually about 135-hours of schooling. You can take it on-line (what I like to recommend) or in individual.
If you’re in California, I took my actual property license course from PremierSchools: (use code grstp for five% off). can also be one other nice choice, as is Kaplan for many different states within the US.

Once you go these programs, you’ll signal as much as take your state check. This is what you’ll want to check for – typically there are many examination cram merchandise you should purchase, lots of that are useful.

Passing your checks and getting your license is straightforward. Really, very easy – the barrier to entry may be very, very low. Actually creating wealth is one other story. Once you get your license, my BIGGEST suggestion is to work as an assistant to a different Realtor. This gives you all of the expertise you want with little or no danger, because you’re getting paid to your time. When you’re feeling comfy sufficient, you may go off by yourself and start working your personal purchasers. Even if it’s important to intern free of charge to see when you prefer it, it’s value it for the expertise.

If you resolve to go off by yourself, you’ll want to hitch an actual property brokerage as a brand new agent who will oversee your salesperson exercise. My suggestion is to first discover a brokerage that works within the space that you just wish to work in. If you wish to work within the excessive finish luxurious market, discover brokerages that work within the space you wish to be in. Make positive that brokerage additionally provides coaching and help – that is essential as a brand new agent who’s nonetheless studying.

An excellent e book I like to recommend is “the millionaire real estate agent” by Gary Keller. This just about covers every part you’d must know! This could be purchased right here:

Thanks for watching!

Real Estate