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Real Estate Agent Requirements



Real Estate Agent Requirements

To become a real estate agent (also identified as a real estate salesperson), you need to get a real estate agent's license. No all states possess the equal regulations for obtaining a license.

Discuss with your individual state's Real Estate Commission or Department of Real Estate to know about precise requirements. While individual state requirements differ, there are some general legal regulations that an individual must meet.

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Age:

You need to have at least 18 years old to give the real estate agent exam. If you are under the age of 18, explore your educational options and local real estate agencies while you reach the required age.

Education:

A high school diploma or General Education Degree (G.E.D) is vital before you can take the exam. If you do not possess a high school diploma or G.E.D., there are numerous avenues that you can take to get your diploma. These options contain adult learning programs and online schools. Be sure to sign up with a recognized institution.

License:

The proper license must be acquired before you can officially work as a real estate agent.

Written Exam:

A written exam need to be approved before you can be awarded a license. Many community colleges, adult education schools and real estate firms offer courses that help prepare a person to take the written exam.
  1. Exam Subjects:
    No all states offer the identical real estate licensing exam. Subject matter will differ state by state.

  2. General subjects:
    Most real estate licensing exams will test on subjects that include national and state particular laws and regulations. According to realestate.com, there are numerous standard subjects that you will be tested on.

    • General real estate laws
    • Financing
    • Property size
    • Taxes
    • All aspects of real estate contracts

  3. Specific Questions:
    Your test will most possible also consist of state particular questions. Your real estate courses will have trained you about your state's real estate laws and procedures.

  4. Time:
    Time constraints fluctuate by state.