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Why Should You Get Your Real Estate License

Apr 18, 2008
So, have you given any thought to venturing into the very lucrative Real Estate industry? If you are looking for a career change or just a new beginning, maybe you should check it out. Getting your Real Estate license is an excellent way to kick start your future, not just for you, but your family as well.

It's not a big secret that selling Real Estate has been considered to be one of the highest paying commission based careers out there these days. In fact many Realtors, myself included, will tell you that the commission alone on the sale of one large sale, either commercial or residential, is equivalent to or in some cases more than the yearly income of a middle class worker. That is precisely why the Real Estate industry is drawing in so many new people, they all want a piece of the money factory, and believe me there is plenty to go around.

Now, having been in the business for a while, I will not outright lie to you and tell you how easy it is to be a Realtor, because there is a lot of work and knowledge required to become successful. The testing procedures can be difficult as well because the state testing boards are trying to eliminate those with little dedication to the field. Enough of that stuff, I am not trying to scare you off, but I did want to share the reality of the business, since you will be experiencing everything for yourself.

Think back to the tests that you took in your school days, if you are around my age it's been a while, what was the best way to pass those tests? That's right, study, study and study, it's still the same these days so be prepared. There are several methods available for obtaining your Real Estate license and you will need to check with your state to determine which of those methods is feasible for you. Below are four of the most common:

Attend a local Real Estate school: These types of schools are found nationwide and chances are pretty good that you have one in your area, unless of course you happen to live in a very small town.

Attend a Community College: The nice thing about Community Colleges is that many of them are accredited schools, and it will be easy to get some sort of financial aid if you don't have the money to further your education. On top of that, attending a Community College will also better educate you in the Real Estate business, primarily because the courses are much longer so you have more time to go over new materials. And of course most Community Colleges do offer Real Estate courses, so no worries there.

Take some online courses: Welcome to the technology era we all live in today. Online Colleges have been popping up all over the Internet, and there are quite a few of them that specialize in Real Estate Licensing. My favorite things about studying online is that you can study in the comfort of your own home, usually on your own schedule and most of the courses allow you to work at your own pace, for those of us with busy family lives or other obligations.

Study in the field with a Real Estate Broker: If you want the real world training, this is the way to go. Many Real Estate Brokers will hire someone to help them out with daily tasks and pay for you to attend schooling in the mean time. This benefits them for two main reasons, one, they can train you the way they like and sculpt you any way they seem fit and number two, once you get licensed, they now have a new agent to take over some of the sales and further the growth of their business. Local newspapers and online job sites are two great ways to find these types of opportunities. You might also consider a little old fashioned door knocking, introduce yourself, explain your interest in the Real Estate industry and see what happens, you just never know until you try.

Now please keep in mind that those are only four of the more common methods for obtaining your Real Estate license, I am sure that there are plenty more, but I have personally seen those work for others.

I should also mention that there will likely be a charge associated with taking your Real Estate licensing test through the state, and there is really no way around this, unless of course it is included with your schooling. I would love to tell you how much it is going to cost, but it varies so much from state to state making it virtually impossible to say. I would recommend that you call your state licensing agency and ask them to be sure. You might also consult some local Real Estate agents, they have been through the process already, so they might be able to offer you some very valuable information, maybe even a trick or two while your talking.

You should also know that many of the Real Estate schools, even some of the ones available online, will offer some sort of guarantee that you will pass the test after completion of their courses, look for this when choosing a school to attend. This can save you a ton of money, should you not pass the test the first time, because the school itself will then pay for you to retake it.

Here is my last bit of information before sending you on your way. Getting your Real Estate license will not guarantee you a job in the Real Estate industry, you need to know that up front. This is a very competitive business and there is no shortage of new agents, but you can do it. Start small, find a small office in your area and try to get hired on there, even if it is for something like clerical work, just to get your foot in the door. You can always climb through the ranks, but you need a foundation to start on. Good luck in your new venture!
About the Author
Jessica Donnovan is an experienced Real Estate agent and has published numerous articles on the subject of obtaining your Real Estate license . For more information about real estate licensing or the Real Estate industry feel free to visit her website, Lake-Side-Realtors.com .
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