Even for working as a part-time real estate agent, you are required to possess a real estate license. So, the first step should be to complete the necessary educational and legal requirements to obtain a real estate license. The good news is that both the educational and cost barriers fo...
Becoming any kind of real estate agent always starts withgetting a real estate license— even if you're just part-time. You can't breach the industry and start selling properties if you're not legally qualified to do so, so be sure to make the right strides to iron out the legal and ...
Similar to real estate agent exams, each state sets its own broker education and exam requirements. The extra coursework covers topics such as ethics, contracts, taxes, and insurance—at a more in-depth level than what’s taught in a real estate agent prelicensing course. Pr...
Step 2: Research state requirements Every state has different requirements to become a licensed real estate agent. It is therefore essential to research these requirements before you make any concrete plans to become one. The best resource to use is the Association of Real Estate License Law Offic...
Once you have met all the requirements, you must pay a licensing fee to your state's real estate commission. This fee varies by state and can range from $50 to $500. In addition to the licensing fee, some states require that you obtain errors and omissions insurance, which provides liabi...
race, gender, or religion. If an agent is found to have engaged in discriminatory behavior, they may be sued for damages. If a client sues a real estate agent for discrimination, the agent's insurance policy may cover the costs of defending against the lawsuit and paying any damages ...
Barbara Bellesi ZitoOct. 28, 2024 How to Pick a Color Scheme Get inspired by your closet, do some math, or keep it simple with monochromatic designs. Gerard SplendoreOct. 25, 2024 San Antonio Housing Market Forecast With an ample supply of homes for sale, San Antonio is tilting toward a...
Once thecompany formation steps in Singaporeare completed, the company must submit the following documents in order to be allowed tooperate as a real estate agency in 2024: copy after the company’s profile issued by ACRA; copy after the agency’s Professional Indemnity Insurance; ...
How Long Does It Take to Become a Real Estate Agent? The time it takes to become a real estate agent will depend on the state in which you live and/or choose to work. Each state has its own licensing requirements. You must complete 60 hours of approved coursework in Virginia, or 180...
1. Research Your State’s Requirements 2. Take a Prelicensing Course 3. Take the Licensing Exam 4. Activate Your Real Estate Agent License 5. Join a Real Estate Brokerage 6. Consider Becoming a Realtor FAQs The Bottom Line By Jean Folger ...