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College Education To Become A Realtor

By: Ronald Jones


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There is no degree requirement to operate as a realtor in any state, but most licensing laws require extensive and ongoing study. Although technically all you need to become a realtor is a good record and a license, the requirements for this include proof of course completion, and tackling the highly competitive world of real estate by extending this study into a college education is a good idea.

The requirements for becoming a realtor vary only slightly from state to state, but there are differences. The first place to look is http://www.mortgagenewsdaily.com/real_estate_license/ where the specific requirements for each state are listed state-by-state. Another place to check is your state’s Real Estate Commission (in some states this comes under a department for occupational licensing or regulation). As a general guide, though, the requirements for a license include a clean criminal record; no record of having failed to acquire a real estate license in the last two years; being over the age of 19; proof of having graduated high-school (or equivalent); pre-license training and a license fee, generally between $75 and $200.

Although there are variations, on the whole every state requires some pre-license training, generally around 60 hours. There are plenty of courses (particularly correspondence courses) offering real estate training, but be cautious as only an approved pre-license course will satisfy the prerequisite for your exam, and not every course advertising itself as a path to real estate in your state is telling the truth. Most states do not approve online courses.

States require you to sit a state-administered test before you can become a realtor. The exam covers the rules and regulations surrounding real estate transactions. A lot of states also require post-license training once you pass the exam, to be completed within six to 12 months after you pass the exam.

Licenses generally have to be renewed at intervals and many states require evidence of continuing professional education. Unethical realtors can have their license renewal denied at this point, effectively kicking them out of the industry.

The vocational training before licensing can involve several years of study. In Texas, for instance, potential licensees must show evidence of having completed Principles of Real Estate, Law of Agency, Law of Contracts, and five other related courses, with a total of 390 hours of study; quite a heavy load.

These courses are important because not only do they guarantee a quality industry within the state, but they ensure new real estate agents can operate effectively within the industry. Students are taught everything from law to building maintenance across the courses.

Further information : The National Association of Realtors provides continuing education courses and is the main body for the regulation of real estate agents in America.

Article Source: http://depositarticles.com/

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