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How long will it take to be a Real Estate Agent?
I want to be in the Real Estate and sell houses and become rich and successful.
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Martha’s Answer
Hi Jayonnah - Since you are from Ohio, I researched the Ohio rules. If you want to work in another state, you would need to research its rules.
How long to become a real estate agent depends upon how long it takes you to complete the 120 hours of coursework, pass the exam, and find a sponsor (see details below from Ohio Department of Commerce ). One site estimates at least 2-3 months. In addition, it might take you a while to save the $1631.50 – $1851.50 needed to apply (for the course, application fee, background check, and exam fee). The Indeed.com article below talks more about what it is like to be a real estate agent and expected income.
You should also be aware of recent big changes in real estate commissions. The National Association of Realtors agreed to changes in sales commission to the selling and buying agent structure in order to make it less expensive for home buyers - see CNN article below for more information. If other aspects of real estate appeal to you, such as helping people find homes, you may want to continue pursuing this caareer. However, if your main interest is income (especially predictable income), you may want to widen your search.
Good luck!
Ohio Dept of Commerce - https://com.ohio.gov/divisions-and-programs/real-estate-and-professional-licensing/salespersons-and-brokers/guides-and-resources/requirements-for-an-ohio-real-estate-salespersons-license
Indeed.com article - https://www.indeed.com/career-advice/finding-a-job/how-to-become-real-estate-agent-in-ohio
Change in real estate commissions - https://www.cnn.com/2024/03/15/economy/nar-realtor-commissions-settlement/index.html
How long to become a real estate agent depends upon how long it takes you to complete the 120 hours of coursework, pass the exam, and find a sponsor (see details below from Ohio Department of Commerce ). One site estimates at least 2-3 months. In addition, it might take you a while to save the $1631.50 – $1851.50 needed to apply (for the course, application fee, background check, and exam fee). The Indeed.com article below talks more about what it is like to be a real estate agent and expected income.
You should also be aware of recent big changes in real estate commissions. The National Association of Realtors agreed to changes in sales commission to the selling and buying agent structure in order to make it less expensive for home buyers - see CNN article below for more information. If other aspects of real estate appeal to you, such as helping people find homes, you may want to continue pursuing this caareer. However, if your main interest is income (especially predictable income), you may want to widen your search.
Good luck!
Martha recommends the following next steps:
Updated
Joe’s Answer
Becoming a real estate agent typically involves completing pre-licensing education, passing a licensing exam, and fulfilling any other state-specific requirements. The time it takes to become a real estate agent can vary depending on several factors including:
State requirements: Each state has its own requirements for becoming a licensed real estate agent. Some states may require a certain number of pre-licensing education hours, while others may have additional requirements such as background checks or fingerprinting.
Pre-licensing education: Pre-licensing education requirements can vary by state but generally range from 60 to 150 hours of coursework. The time it takes to complete these courses depends on whether you attend classes in person or online, and how quickly you progress through the material.
Licensing exam: After completing the pre-licensing education, you'll need to pass a licensing exam administered by your state's real estate regulatory agency. The time it takes to schedule and take the exam can vary depending on factors such as availability of exam dates and your own preparation.
Application process: Once you pass the licensing exam, you'll need to submit an application to become a licensed real estate agent in your state. This may involve providing documentation, paying fees, and undergoing a background check.
Overall, the process of becoming a real estate agent typically takes a few months from start to finish, but it can vary based on individual circumstances and state requirements. Some people may be able to complete the process more quickly, while others may take longer. It's important to research the specific requirements in your state and create a timeline that works for you.
State requirements: Each state has its own requirements for becoming a licensed real estate agent. Some states may require a certain number of pre-licensing education hours, while others may have additional requirements such as background checks or fingerprinting.
Pre-licensing education: Pre-licensing education requirements can vary by state but generally range from 60 to 150 hours of coursework. The time it takes to complete these courses depends on whether you attend classes in person or online, and how quickly you progress through the material.
Licensing exam: After completing the pre-licensing education, you'll need to pass a licensing exam administered by your state's real estate regulatory agency. The time it takes to schedule and take the exam can vary depending on factors such as availability of exam dates and your own preparation.
Application process: Once you pass the licensing exam, you'll need to submit an application to become a licensed real estate agent in your state. This may involve providing documentation, paying fees, and undergoing a background check.
Overall, the process of becoming a real estate agent typically takes a few months from start to finish, but it can vary based on individual circumstances and state requirements. Some people may be able to complete the process more quickly, while others may take longer. It's important to research the specific requirements in your state and create a timeline that works for you.
Updated
Jennifer’s Answer
Just like the advice given earlier, it's essential for you to investigate the specific requirements of your state and secure the necessary license.
In some regions, there's a mandate for you to gain experience by working alongside a seasoned agent or within a brokerage for a set duration. This is an excellent chance to familiarize yourself with the market, understand the procedures, and establish your professional network.
Here's to your success!
In some regions, there's a mandate for you to gain experience by working alongside a seasoned agent or within a brokerage for a set duration. This is an excellent chance to familiarize yourself with the market, understand the procedures, and establish your professional network.
Here's to your success!