Real estate agents play a crucial role in property management and sale. In this regard, such agents have been considered to be the cornerstone of the money-spinning industry of real estate. Such importance has led to a significant upward surge of the number of real estate agents in every economy around the globe. Also, the value of properties has continued to grow, and this growth means that agents are bound to get better commissions since they are paid on a percentage of the value of the property they transact. Therefore the real estate profession has seen numerous entrants that are seeking to acquire licenses and capitalize on the perks therein.
If you are pursuing this lucrative professional career, it is imperative to understand How to Get a California Real Estate License. The requirements of how to become a real estate agent are listed as follows;
Age requirements
The state of California requires that one must attain the majority age of 18 years in order to become a real estate agent. However, it is arguable that an 18-year-old will find it difficult to compete with a lot older professionals that have more experience and knowledge of the dynamics of the industry. Nonetheless, young professionals are said to learn quicker and acquire the best experience at a young age hence a likelihood of a long and fruitful career.
Formal and professional education requirements
High school graduation is considered to be a vital requirement in pursuing a real estate agency career. However, the necessity of high school graduation is dependent on the variant regulations of different states.
Pre-licensing requirements
As stated in the foregoing paragraph, every state has its own pre-licensing education requirements. Real estate commissions in different states determine the number of courses and hours you are required complete before issuance of a license. In this regard, the state of California dictates that you complete 135 hours of real estate education. Also, the college in which you register must have acquired accreditation from the California Bureau of Real Estate.
Examination requirement
After successfully completing your real estate license education it is dictated that you sit the California salesperson license exam. This examination is structured to test your knowledge of terminology, policies and real estate practices of state California as well as those of other states. 70% is the pass mark set to qualify and license students who acquire that mark and above.
Broker affiliation
Once you have passed your examinations, it is recommended that you find a broker who will help you to complete the final paperwork in acquiring a license. The form filled by the licensed broker will help you apply for your license which will be issued shortly thereafter.…