If you're considering a career in real estate, one of the first things you'll need to do is obtain a real estate license. But how long does it take to get a real estate license? The answer depends on several factors, including your state's licensing requirements, how long it takes you to complete your pre-licensing education, and how quickly you're able to pass the licensing exam.
How Long Does it Take to Get Your Real Estate License?
You'll want to start your real estate career by completing a pre-licensing course at one of the various real estate schools. Completing a real estate license application involves meeting education requirements, finding a sponsoring broker, and securing approval from your local real estate commission. The time to obtain real estate licenses varies but expect several weeks to a 3 months for the entire process.
Every State is Different
It's important to note that each state has its own real estate license requirements and process. For example, the Texas real estate license process may differ slightly from Florida or that of other states. In general, most states require applicants to complete a certain number of pre-licensing education hours, pass a licensing exam, and submit an application for licensure. Some states may also require a background check or other additional requirements, such as a high school diploma.
How to Complete Your Pre-Licensing
To get started, you'll typically need to complete your pre-licensing education. This coursework can typically be completed through a real estate school or institution, either in-person or online. Depending on your state, you may need to complete between 60 and 180 hours of education. In general, most states have pre licensing requirements that can be completed online.
Real Estate School Options
Online real estate school offers a flexible option for those who prefer to study on their own schedule, and may be able to complete their education more quickly. You could still go in person, but online real estate courses have become very popular since in the last few years and offer a path to getting licensure via a very flexible format. Online programs are challenging, but not difficult to complete.
How Long Do You Need to Study?
The amount of time it takes to complete your pre-licensing education can vary based on your availability and the course schedule. Accelerated courses may be available that allow you to complete the required hours in just a few weeks. Alternatively, if you're taking courses on a part-time basis, it may take several months to complete the necessary education.
After completing your pre-licensing education, you'll need to pass a licensing exam. The real estate exam consists of two parts: a national portion and a state-specific portion. The national portion covers general real estate concepts and practices that apply across the country, while the state licensing exam tests your knowledge of your state's real estate laws and regulations.
How Many Times Does it Take to Pass the Exam?
The length of time it takes to prepare for the real estate license exam can vary based on your study habits and how much time you have available to devote to studying. You may want to consider taking a test prep course or using study materials to help you prepare. Many people spend several weeks to a few months preparing for the exam.
Real Estate Exam
Passing the real estate licensing exam is not guaranteed, and some people may need to take the exam multiple times before passing. However, with the right preparation, plus the use of practice exams, you can increase your chances of passing on the first attempt.
Once you've passed the exam, you'll need to submit an application for licensure to your state's real estate regulatory agency. This application typically involves submitting your exam scores, completing a background check, and paying a licensing fee. Depending on your state, it may take a few weeks to a few months to receive your license after your application is approved.
How long it takes to get a real estate license
As you can see, there are a few steps to getting licensed. But in general, you can complete your licensing within 4-6 weeks if you move fast, work on it full time and utilize online courses to speed up the process. If you're pursuing real estate education on a part-time basis, it is more likely to take 3 months or more to finish.
It's also important to know that once you're a real estate agent, you are not required to become a Realtor. To be a Realtor vs an ordinary agent, you won't need to take any additional exams or coursework, but instead you'll need to pay dues to the national and local Realtor Board in your area.
Your First 30 Days After Obtaining Your License
Most new real estate agents start out with great enthusiasm and but struggle to get early traction with new listings or buyer clients. We recommend working with a tenured real estate broker or agent for the first 6 months to learn the local purchase contract, how to use your MLS and how to find clients. You'll also want to consider investing in lead generation tools or software to help you get off to a fast start.
Whether you're working with sellers, buyers or real estate investors, a good CRM can help you understand which one of your contacts are quality leads and make sure those leads are nurtured over time. You'll also want to use social media to improve your brand awareness, whether by posting organically or using paid campaigns.
Conclusion
In conclusion, obtaining a real estate license requires completing a certain number of pre-licensing education hours, passing a licensing exam, and submitting an application for licensure. The timeline for this process can vary based on your state's requirements, how long it takes you to complete your education, and how quickly you're able to pass the exam. However, with the right preparation and dedication, you can become a licensed real estate agent, earn commission and enjoy all the benefits that come with this exciting industry.
