If you’ve ever wanted to get involved in real estate but couldn’t bring yourself to invest, you might be asking yourself, “Why should I get a real estate license?” It’s time to put your career goals on the front burner. After all, a real estate license can increase your opportunities for success. Here are some reasons to get your license today. And as a bonus, it won’t cost you anything!
A real estate license gives you the skills necessary to get involved in many different types of real estate. You can work as a leasing agent or a property manager, finding tenants for rental properties, and performing various administrative tasks. You could also work as a property manager, overseeing the legality and proper usage of a given property. Some people feel that they can handle all of these roles themselves, but getting a real estate license gives you the necessary skills to be your own agent or broker.
Once you’ve graduated from college, you’ll need to take the state’s real estate licensing exam. This exam consists of national real estate principles and a state-specific section on the law of real estate. The exam is computer-based and typically consists of multiple-choice questions. Each state has its own rules and requirements, but generally, you need to be at least 18 years old and have a high school diploma. You must be in the U.S. for two years and be supervised by a licensed broker. You’ll need to be actively working on at least one transaction during that time.