How to Get a Real Estate License
How do I get a real estate license? Read the steps below to understand how getting your real estate license works.
1. Know the requirements - how to get a real estate license
Before you enroll in any online real estate courses, you'll want to get familiar with key concepts.
When you're getting a real estate license, carefully go through the eligibility requirements, number of course hours required, and the application process. Knowing what your state requires will save you a great deal of time and streamline your experience.
2. Complete your pre-licensing education - how to get a real estate license
After you know exactly the state requirements for getting your real estate license, you'll need to complete your pre-license education. Make sure you choose an accredited school and one that is licensed in your state. You don't want to enroll in a non-accredited real estate licensing school. Here's what you need to know when completing your pre-licensing education.
3. File the application and pay the fees - how to get a real estate license
If you want to get your real estate license, you must complete your state's real estate license application and pay any applicable fees. Most states have forms and fee information located on a dedicated government real estate website.
When it comes to filing the application and paying the fees you'll need to know the following:
Some states require you to pass the exam, complete the background check, fingerprinting, and have a sponsoring/managing broker in place before you submit the application.
4. Find a testing center - how to get a real estate license
In most states the testing is outsourced to 3rd party testing centers. It's important to confirm the real estate testing provider for your state. Why? The testing providers are hired by the state to administer and grade the tests. States may shift their budgets and as a result the testing provider may shift.
Here's a list of the four main real estate testing providers:
AMP - Applied Measurement Professionals
ProMetric Assessments, LLC
PSI - Psychological Services Incorporated
5. Pass your exam - how to get a real estate license
When you go to take your exam, you want to go into the testing environment prepared. Here's what you need to know:
6. Taking the exam - how to get a real estate license
7. Get your background check - how to get a real estate license
To get your real estate license you'll need to get fingerprinted and successfully pass a background check. Your state's real estate commission website lists the requirements for both.
8. Find a sponsoring or managing broker - how to get a real estate license
States require you to work with a sponsoring or managing broker for the first 2 (or more) years of your real estate career. Although you technically work for yourself, you cannot work independently until the required amount of time has expired.
You will need to work on the behalf of a real estate broker who is licensed to sponsor or manage those working for his/her brokerage firm.
9. Acquire errors and omissions (E&O) insurance - how to get a real estate license
Most states require errors and omissions (E&O) insurance for licensed real estate agents.
10. Good to know - how to get a real estate license