Entry into the real estate profession takes preparation. As with other professions, licensing is required. Licensing requirements and costs vary from state to state, but generally range between $1,000-$2,000 for start-up costs, such as pre-licensing classes, the state licensing exam, and real estate association memberships.
It is also recommended that you enter the business with enough cash flow to cover your short-term living expenses and be able to invest in personal promotion and advertising. Here are a few steps to consider (please note these vary by state – check with your local real estate commission/board for specific details).
What to expect when getting your license; how to get your license.
Step 1: Complete the required credit hours as outlined by your state
Typically, the coursework can be done online, via correspondence or in a live classroom. The cost of the class varies depending on how many hours you are required to take and what real estate school you choose for your education.
Step 2: Complete a prep class
Not everyone does this, but it is recommended, as in most cases it provides an outline of what to expect when taking the real estate licensing exam in your state.
Step 3: Apply, take and pass the real estate licensing exam
Now that you are prepared, you can schedule and take your licensing exam. Typically, this is administered in a testing center, and you get the results right away. Check with your state to determine further requirements.
Step 4: Contact Better Homes and Gardens® Real Estate & get your career in real estate started!
We have real estate offices across the United States and Canada. So what are you waiting for? Contact us today and get your real estate career started!