Has it been a while since you’ve been in a class? Although real estate is a profession that attracts people from diverse backgrounds to start a career, real estate requires special training at the beginning. That’s why you take real estate classes: Realtors must be licensed, which is regulated by the state. To obtain a license, you must finish the pre-licensing course and pass the licensing exam in your state. However, the benefits of real estate classes are tangible as soon as you get your license. Luckily, real estate classes are available in every state! Choose your state from this list to see what’s available near you.
Accredited realtor schools offer real estate classes for men and women who are interested in starting a career in the industry. Real estate classes cover the basics and complexities of real estate. Even those who don’t want a career in real estate can benefit from the knowledge acquired by attending these schools. Private investors, mortgage lenders, and a large number of professionals in many industries have a real estate license.
No degree? No problem.
Real estate is an industry that does not discriminate by education level. Realtor schools run continuously throughout the year, allowing the new students start to study at any time. There are no prerequisites or college credit courses required for people who want to start a career in the industry. Individuals in all stages of life have discovered the benefits of real estate classes.
All ages and experience levels welcome.
Regardless of age or experience, learning more about real estate can benefit anyone who wants to pursue a new career. Full-time students can complete most classes in six weeks. For part-time students, it may take a few months. However, the benefits of real estate classes will become clear. A few months can turn into a fantastic investment.
Real Estate Agent Earnings
The most recent figures show that the median real estate agent salary is over $45,000. For a job that doesn’t require a college degree, that’s pretty darn good!
It’s hard work, but that’s the best part: the harder you work at becoming a real estate agent, the more money you’ll make. Again, the benefits of real estate classes reveal themselves. It’s certainly much cheaper than almost all college degrees!
REAL ESTATE CLASSES AT A GLANCE
Real estate pre-licensing courses are college-level. Most of these courses will consist of excerpts from textbooks, questions in the workbook, quizzes, practice tests and a final reading of a series of practice exams. You do not need a degree to do well in these courses; if you study hard, you’ll be just fine.
CLASS TIME REQUIRED
Real estate credit hour requirements differ by state, but you should expect to spend about 45 to 180 hours of class (or in online degree programs) to meet the pre-licensing needs of your state.
REAL ESTATE CLASSES AT-A-GLANCE
Course 1: Principles of Real Estate: consider this as your Real Estate background. The main topics covered include time management, real estate appraisal, methods of listing and sale of properties, closing a sale, finance, taxes and more. The course includes specific descriptions and divisions of land, acquisition, and transfer of ownership, lease agreements and contracts, mortgage costs, and the principle of commercial agencies, illegal discrimination, and ethics.
Course 2: Real Estate Practice: This real estate class offers students a broader understanding of the industry and focuses on real estate details, prices and art of pricing and listing homes, and also how to advise a client.
Course 3: Legal Aspects of Real Estate: The course introduces the laws about real estate. Students examine the myths and misconceptions. The main point of this course is to help you avoid legal predicaments.
CLASS FINAL EXAMS
There is a final exam in each of your pre-licensing program which you must pass. Normally, the exams consist of multiple choice questions, and you must score 60% or higher to pass. You may be able to retake the exam at a later date if you don’t pass.
STATE LICENSING EXAMS
Once you pass all your prerequisite courses, it’s time to take the state’s real estate licensing exam. Like the class exam, this is normally a multiple-choice exam. You must answer a certain number of questions correctly to pass. Once you pass, Congratulations! You’re on your way to a great career in real estate.