Every year, hundreds of hopefuls ask how to become a real estate agent. Well, there are two types of answers to that. First, you need guts—a lot of guts—and second, you have to undergo a series of training programs and examinations.
This article explores both types of answers. Know how to become a real estate agent by reading the following:
Why it takes a lot of guts
There are many books on how to become a real estate agent, but almost all of them has one message: this industry is not for those with faint hearts. Most agents or former agents regret not taking enough time to prepare before stepping into real estate.
Further, you have to prepare a hefty amount of guts because of these:
1. Real Estate has a pretty high rate of turnovers
It’s a dog-eat-dog world out there and this couldn’t be more accurate in the real estate industry. There are many reasons why most agents fail or quit being agents.
First is the lack of discipline. This job is not for those who like to slack. Since it’s not an office job, you have to spend more time and put in more effort. Clients might demand or meet you during unusual hours in inconvenient locations, so there.
Next, some agents are not fully committed. Real Estate is a full-time job, not a sideline.
Finally, they have unrealistic expectations, specifically on the real estate agent salary. They think being licensed as an agent is an instant ticket to wealth and a high real estate agent income, but it’s above and beyond than that.
2. It’s a highly competitive industry
Real estate is one of the fastest evolving industries, thanks to the digital era and innovative real estate professionals.
Thus, with this continuous evolution, different sorts of challenges and competitions take place. Whether you work in a major state or suburban locality, it takes a lot of guts to deal with clients and competitors these days.
3. You will build and lose client relationships
Having an open mind is essential in real estate. Some clients come and go, others pursue your service—that’s the way the cookie crumbles.
You have to toughen up and face this fact. If you get easily upset about losing a handful of potential clients and dwell on it for weeks, then this career path may not be for you.
Training and examinations
Online or in-person classes
Street smarts are not enough for this industry—you have to learn your ABCs too.
Most of US states advise aspirants to take a class or two before taking a licensure exam. The required hours of education can rise up to 200 for some states.
You can study, of course, in any institution, but most aspirants today just prefer online classes. Apparently, online classes are more practical and save you time for your job or your family.
The license requirements for every state vary. One thing’s for sure, though, it’s difficult to obtain an agent’s license.
You may have to take it online or in-person. As for which is the quickest route, the latter is your option. If you’re really a busy person, you may have to take it online, but you might have to attend almost 6 months of online classes.
After you get licensed, you must work under a licensed real estate broker.
Now that you have these ideas, all that’s left for you is to learn more. Don’t just stand there—contact the most seasoned pros in the biz and train with them.
If you want to know more how to become a real estate agent, check out Investfourmore. If you’re curious about the most recent real estate broker salary, they can also provide information about that.