If you are planning to take a real estate license, there are few things you should know. However, it takes time to get a real estate license. For some people, being a licensed real estate agent is a dream. Learn about the needs and requirements to get licensed on time.
Moreover, keeping your clients happy and satisfied is essential in the real estate business. Qualifications, procedures, cost to become a licensed real estate agent differ from state to state. However, it’s better to consult a local bureau of real estate before taking further steps.
Take a few minutes from your busy schedule to read the article. This article will surely help you with the details and procedures of how long it takes to get a real estate license.
What is a real estate license?
Real estate license is the legalization given by the state government to the real estate agents and brokers. However, these brokers or agents can legally represent the home seller and buyer in real estate.
Moreover, a real estate agent must have a real estate license in the USA. However, it takes less time to get a real estate license than a professional degree. Real estate licenses allow you to legally sell or rent real estate properties to tenants, buyers, and sellers.
The procedure and guidelines for getting a real estate license vary from one state to another in the USA.
How long does it take to get a real estate license?
There is a particular procedure to earn a real estate license. Therefore, we have broken down the process of getting a license for the real estate business in different US states.
Check the full procedure below:
Educational Requirement for Real Estate
However, education requirements vary from one state to another. Most countries demand the completion of a specific hour’s course before giving real estate licenses. Real estate courses can be 60 to 90 hours long.
School for Real Estate License
Real estate schools provide you educational courses on real estate. Also, the school contributes to the duration of getting a real estate license. You can complete the real estate course in 4 to 6 months.
Besides this, you can take an online course on real estate. The duration of the online course will be shorter. Moreover, online courses give you freedom of time and place. You can take the course anytime and anywhere.
Exam and Application process of Real estate
Some states ask for a real estate application form first and then look forward to conducting exams. Besides this, you have to work with a licensed broker at the beginning of your career. Or you can get sponsorship from a licensed agent before appearing for a license test.
How long does it take to get a real estate license in Texas?
Usually, it takes 6 to 8 months to get a real estate license in Texas. However, you need a tight study schedule to complete the process in 8 weeks.
Criteria to get a Real estate license in Texas
The minimum age is 18 years old. You should be a trustworthy and honest citizen or immigrant in Texas. All license applications go under the TREC criminal record. For instance, if you have a criminal offense or unpaid judgments. You need a Moral Character
Determination certificate before the process.
To get a Texas real estate license, you should complete 180 hours of real estate courses.
Complete the mentioned courses before applying for a license.
- Principles of Real Estate I
- Principles of Real Estate II Law of Agency
- Law of Contracts
- Promulgated Contract Forms
- Real Estate Finance
After the education completion, submit the license application along with a background check. Moreover, you can apply online and offline. However, the online application takes less time to get approved. After that, you will get the TREC ID number, and it will allow you to take the exam.
Prepare for the exam; meanwhile, TREC will check your background. You can schedule your exam. Also, take the computer-based exam so you can get the score as soon as possible.
How long does it take to get a real estate license in California?
The California Department of real estate decides the timeline for the license. Moreover, you can do a few things to reduce the time to earn a license.
Real estate course
By taking courses at a DRE approved private real estate school, you can speed up things. DRE demands three college-level courses for license application. According to the DRE guidelines, a single course should be of more than 2.5 weeks duration. However, few institutes in CA are providing courses of three-semester units or four-semester units. You can take a minimum of 7.5 weeks to complete the correspondence course.
Waiting Time for Application Process
However, DRE takes at least 6-8 weeks to approve the application. After the completion of courses, submit your exam application. Besides this, you need to submit all the certificates and transcripts to fulfill the education requirement.
Also, applicants have to submit fingerprints for the license application. Moreover, to speed up the process, you can submit the exam and license application altogether. Also, pay for both the applications together.
Exam Schedule and Results
You can schedule your exam date. Also, you can take the help of DRE to schedule dates for your exams. CA conducts at five locations. They conduct an exam after one week of application approval. You need to score a minimum of 70% to pass the exam.
Moreover, if you didn’t pass the exam, you can re-write the exam. You can take
the exam multiple times for the two years after applying.
Pros of getting real estate license
- You can earn a fair amount of commission.
- Real estate can be your extra income source.
- You will get more opportunities in the real estate world after getting a
- Your business knowledge will increase. However, the real estate business
will give you insights into the property business.
- Your contacts will increase. The more connections you have, the more
deals you can close.
Hence, Real Estate is a remunerative business. To get a real estate license in the US, you need to fulfill specific criteria. I hope this article will help you to know about the whole process of getting a real estate license in the US.