How to Quickly Become a Real Estate AgentNov 30, 2018
Have you been thinking about becoming a real estate agent? Your real estate license is a fast way to make a career change. Stop limiting your potential; becoming a real estate agent lets you go into business for yourself. Let your hard work benefit you. Here’s everything you need to know about quickly becoming a real estate agent.
Getting Your Real Estate License Is Affordable
From the courses to your license application, in most states you can get your real estate license for several hundred dollars total. The exact costs range state by state but compared to a 4-year college degree and the tens of thousands of dollars you’re likely to borrow, earning your real estate license is far more accessible. Add in the freedom to work while you take real estate license classes online, and it makes much more financial sense to become a real estate agent than making many other professional changes.
How Long Does It Take to Get Your Real Estate License?
One of the best parts about getting your real estate license online is that you can do it at your own pace. Online real estate license classes let you study and watch or listen to lectures when you have the space to fit it into your day.
Each state has its own requirements as to how many hours the classes themselves take. For example, you must complete a 75-hour real estate course in New York, but Texas requires six 30-hour courses (180 hours total).
When you take RealEstateU online courses, you can complete these classes on your own schedule. Whether you have a job or you’re raising kids (or balancing both), online real estate license classes fit your lifestyle. You can take up to a year to finish the courses, but if you’re eager to get to work as a real estate agent, you can complete them much faster.
Should You Take Real Estate License Classes?
As a real estate agent, it’s your job to understand the market and communicate your knowledge with your clients. It’s a people person’s career; if you’re looking for a career where you can help people make one of the important decisions of their lives, earn a great living, and work independently, real estate is for you.
Profit from Your Own Hard Work
Ready to jump into real estate full time? Once you’ve spent some time and energy creating a name for yourself, designing a quality website, advertising online and in print, and building a clientele, you may want to take it to the next level.
As a real estate agent, you have unlimited income potential. There’s no boss or owner who will cap your salary; the more homes you sell, the more money you earn. You can also improve your income by selling higher-end properties or referring business you don’t have time to take on. Referral brokers also earn a part of the commission when they refer a client. Even if you’re working out of a broker’s office, your business is your own– it’s up to you to grow it, but you get all the benefits.
Freedom to Work Part-Time
You don’t have to go full-time to earn extra money as a real estate agent. You can work as a real estate agent with another job or while you focus on raising a family. You might be surprised how easy it is to make working as a real estate agent fit your life. You may need to hire a babysitter or leave your kids with your partner on evenings or weekends when you’re busy showing properties or hosting an open house, but you can be free during the day to look after the kids. The flexibility means you can grow your business as your kids grow up and start school, leaving you with more time, too.
Many real estate agent experts recommend that inexperienced agents start part-time as they navigate the world of sales and building a reputation in their area.
Working as a real estate agent can be a recession-proof business. Where other industries suffer lay-offs when the economy is shrinking, when you work for yourself, you just need to be adaptable. How can you recession-proof your real estate business?
- Work with rentals – You earn a commission matching tenants with apartments, too. Often landlords will pay a percentage of the annual lease value in exchange for finding quality tenants. People always need to rent in any type of economy.
- Add home staging services – Home staging services are essential for sellers who want their home to look its best. When you do home staging, you don’t have to wait to get paid.
- Invest in income-generating properties – Income-generating properties are recession-proof. Income-generating properties improve your cash-flow and help you wait out temporary setbacks in the market
How Much Does a Real Estate License Cost?
The costs of a real estate license vary state by state because they have different requirements. The 75 hour real estate course in NY is available from RealEstateU for only $99, while in Texas, you’re required to take six 30-hour courses, which we make available for $165.
Beyond the cost of online real estate courses themselves, there are costs associated with taking the state real estate exam and applying for your real estate license. In New York, the license application fee is only $55, while the cost of writing the state exam is $15 per attempt. In Pennsylvania, you will also have to get a background check ($22), pay $54 for the state exam fee, and pay $107 for the license fee, for a grand total of $332 including the real estate license classes we offer online. The grand total of earning your real estate license in Texas, one of the more expensive states, is $645.
Whatever state you live in, earning your real estate license is one of the most affordable and fastest ways to earn qualifications for a new career. How much would it cost to retrain in another field that pays comparably?
The average salary earned by real estate agents in the United States is $52,000, but it can range from as low as $16,000 (part-time real estate agents) to well over $100,000.
Professions with similar salaries such as software engineers, librarians, medical writers, and event planners typically require 4-year college degrees. The cost of college has risen dramatically in recent years and graduates are often saddled with crippling debt when they graduate. It takes years to pay off student loans and get into a financial position where they can save to buy a home or for your retirement.
The annual budget required for a year at an in-state public college is over $25,000 in 2018. That includes tuition, fees, housing, food, books and other supplies, as well as transportation. That can equal $100,000 of debt by the time you complete your degree if you do so without financial aid. But that doesn’t even take into consideration the income you lose by taking 4 years off from working to earn your degree. You can take up to a year to complete online real estate courses, but they can often be completed sooner as well.
Work while You Take Real Estate Courses Online
Online real estate courses designed by RealEstateU are meant to be convenient for people who are busy working or raising a family and need some work-life balance while they earn qualifications for a new career. Our online real estate courses are available in video and audio versions that you can work your way through at your own pace. Thanks to supplementary material like a downloadable PDF of course content, workbooks, and other materials, you can learn the way that best fits you.
If you want to know how to get a real estate license while you work or raise a family, learn more today about our online courses and how they fit around your schedule. Online classes come with many advantages over classroom learning:
#1 Save Time
Some real estate license classes do take place in the classroom, but they tend to be more expensive and require you to clear your schedule to attend class with everyone else. That can interfere with your family life or work if you don’t have a 9-5 schedule. You also have to consider transportation time to get to get to class.
#2 Fit School Around Your Life
If you want to earn your real estate license as part of a career change, you’re probably already working and on your own, with your own bills to pay, and maybe children to raise and support. Real estate license classes can fit around your life, whatever your schedule, when you take them online. You can continue to work, earn money, and gain professional experience without interfering with your study schedule.
Earning a real estate license is a popular way for stay-at-home parents to re-enter the workforce. With daycare costs unaffordable for many, many moms choose to leave work for several years, at least until their kids enter school. Online real estate license courses let you earn your real estate license from home. It’s also common to work as a real estate agent part-time, giving you time to be there for your kids when they’re not in school. You can get a babysitter or ask your partner to look after the kids when you’re busy showing properties or running open houses.
#3 An Education that Fits Your Learning Style
Do you need to copy notes while you watch a lecture, or would you rather listen to audio content? Do you learn best by reading and memorizing the material, or do you need to work through problems yourself? The online courses we provide are tailored to fit a variety of learning styles. Our lectures are available in video and audio, plus they come with workbooks and a downloadable PDF containing the course material. Learn the way that works best for you, on your own time.
#4 You Have a Year to Complete the Courses
Once you sign up for RealEstateU online courses, you generally have a year to complete them. This means you can complete the courses at your own pace. Have a long weekend without any plans? You can make a lot of progress on your coursework with the free time. Working long hours or have a week full of family or social obligations? You can step away from the courses and get back to it later. Since the courses end with a proctored exam, it’s important that you have time to study and prepare. This will also help you get ready for the state exam when you apply for your real estate license.
How to Get a Real Estate License
If you want to know how to get a real estate license, start by signing up for online real estate classes with RealEstateU. Each state has its own unique requirements for real estate courses. Our courses are designed to meet state requirements and they are never outsourced. All course material is designed by our in-house instructors. After finishing the courses, you will write a proctored exam.
With our courses, you can get your real estate license online in New York, California, Texas, Pennsylvania, Michigan and Virginia from home and on your own schedule.
Start taking real estate license classes online when you’re ready for a career change. If you want a job that gives you independence, a better income, flexibility, and that helps people, become a real estate agent. The process is faster and more affordable than any college degree, and you can make it work around your lifestyle.