Do you want to know how to sell real estate? Real estate brokering is a lucrative industry that offers schedule flexibility, high earning potential, and the opportunity to meet people from all walks of life. You can also use it as a foundation for making your own real estate investments and creating a stream of passive rental income while gaining equity and building generational wealth. 

Read on to learn how to get a real estate license below and take the first step to real estate success. 

Knowing your state’s requirements is one of the steps to get a real estate license. Every state has requirements that you should meet which includes age, educational attainment, pre-licensing courses, exams, and reporting of criminal history.

You will be required to take a pre-licensing course from an accredited real estate licensing school. Check if your state allows for a course that can be completed 100% online. In cases where this is not possible, expect to meet for a set number of classes for a pre-licensing course.

The real estate exam is usually in multiple-choice format, with the number of questions and time allotted to complete it varying per state. It is divided into two parts: your state and the national portion. You must pass both portions to get your real estate license. In the unfortunate event that you fail in one or both portions, you can consult with your state regulatory body to know about rules in retaking the exam.

Upon passing the exam, it’s now time for you to submit your application (in some states you would have done this before taking the exam) and pay the necessary licensing fees. 

You are now ready to join a real estate brokerage company! As a real estate agent, you will be representing this company as you take on the journey of building your real estate business. In exchange, the brokerage you “hang your license with” will provide training, offer support, and cover the majority of your liability for practicing real estate. 

Depending on your state, you should expect to spend anywhere from $500-$1,000 for the real estate licensing process but know that it will be all worth it if you see it through to the end. Consider this to be an investment in your future because just ONE real estate transaction has the potential to pay for this expense many times over. In time, you can leverage your real estate license to work for YOU and help you to achieve the success you know you are capable of.