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Real Estate License: Real Estate Licensing Exam, Property Law, Real Estate Agent Training, Becoming a Real Estate Broker

Obtaining a real estate license is required by law in all 50 states and the District of Columbia. Prospective realtors and brokers can earn obtain their license after passing the real estate exam and taking necessary courses. Real estate licensing is granted by the National Association of Realtors and its affiliates, and students may choose to enroll in a real estate school to complete their training. Real estate agent training involves diligent study and completion of coursework, and today's working professional can enjoy many benefits of taking their classes online. An online real estate broker course offers students a chance to work and study on their own schedule, eliminating the need attend a formal classroom.

Becoming a Real Estate Broker or Agent

It is a simple process to become a real estate agent or broker. Students must complete an approved course program, take the real estate exam, and complete real estate agent training. Many realty companies and corporations sponsor students as they pursue real estate agent training, and may offer professional development and internship opportunities for new recruits.

In order to become a real estate broker, prospective candidates need to contact their state's Department of Real Estate for specific guidelines and requirements. They can then enroll in real estate licensing course programs offered at a real estate school, or online. After passing the exam and paying the necessary fees, the individual can obtain their real estate license and begin work. Most states do have a limit on the number of times an exam can be taken, and this varies by location.

The first step in becoming a real estate agent is to study for and pass the real estate exam. Prospective students must have a high school diploma and be at least 18 years of age. A general real estate agent license requires between 30 and 90 hours of classroom instruction, while a real estate broker license typically requires between 60 and 90 hours of training and instruction. Licenses need to be renewed annually, and many real estate schools offer license renewal and continuing education programs. The basic real estate agent license does allow the agent to begin practicing, but they will have more career advancement opportunities with a complete real estate broker license.

With the growing demand for skilled and educated real estate professionals, many colleges and universities offer comprehensive courses in real estate, finance, business, and real estate property law. Completing a real estate licensing course is much easier after receiving a solid education in the field, and many prospective professionals choose to take a variety of courses before taking the real estate exam. A real estate agent license can now be obtained through many technical and trade schools, four-year colleges, and traditional universities.

What to Expect with Real Estate Agent Training

Real estate agent training is a combination of coursework, exams to prepare for licensure, and hands-on experience in the field. Many real estate schools help students find an internship or entry-level position with a company in their area, allowing them to receive professional grooming and training from real estate experts. Companies that hire prospective real estate agents may also sponsor continuing education and professional development programs. Real estate agent training helps students prepare for their real estate broker license examination.

Real Estate Agent Training Classes

Real estate agent training classes are designed to prepare students with the foundational knowledge and skills to practice. Common courses required with a real estate broker course program or related training sequence include:

  • Real Estate Property Law
  • Real Estate Principles and Practice
  • Real Estate Exam Preparation
  • Real Estate Finance
  • Real Estate Contracts
  • Marketing and Business Development Technique

Other Information on Becoming a Real Estate Agent

Real estate brokers and agents serve as an intermediary between buyers and sellers, helping them to develop a relationship and complete the necessary paperwork and contracts. Real estate agents are also responsible for finding and organizing new listings in their community, and are compensated with a commission on any homes they help to sell. The agreement and contracts between the buyer and seller includes a stipulation for the real estate broker, and it's here that commission specifications and expectations are included. Real estate agents may choose to work with a realtor company, affiliate network, or operate their own business. As a result, they are often responsible for marketing and prospecting for new business.

Real estate agents are not limited to working as a broker or agent in their field. Many real estate professionals can branch out to careers such as:

  • Real estate and market research

  • Home inspection and appraisals

  • Real estate counseling and consulting

  • Urban planning

  • Commercial, industrial, and farm land brokerage

Online Learning Opportunities for Real Estate Agent Training

An online real estate broker course or training program is a valuable way for students to save time and even money in obtaining their real estate license. Online real estate classes are designed in a similar way as a campus-based program, except students are expected to correspond and communicate with instructors via e-mail, and download necessary coursework and materials. Web-based platforms make it much easier for students to conduct research, submit assignments, and stay in touch with virtual classmates on a regular basis. The format is ideal for working professionals, stay at home parents, or any individual interested in obtaining their real estate license without attending a formal classroom setting.


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