How do I get started in real estate?

Have you ever considered a career in real estate? Does the idea of financial freedom and endless income appeal to you? Do you have an interest in helping people find their dream home? If you have answered yes to any of these questions, a career in real estate might be the thing for you to do!

Although I am 22, I am still able to do real estate. It doesn't matter how young I am or what my background was (not saying I have a terrible background!). I am just telling you that anyone that is interesting in beginning a career in real estate is able to do it.

If you want to get started in real estate, here is a checklist that you can follow to get going:

1. Get licensed. Each state has different licensing requirements. You have to have logged a certain amount of class hours to even qualify for the state licensing exam. Since I live and I am licensed in Michigan, I will give the specifics for that state. You need 40 hours of a pre-licensing course, plus 8 hours that discusses the Fair Housing Laws. This sounds like a lot, but you can finish this in one week!

Here is the link to the course I took at Middleton Real Estate Training:

http://www.middletontraining.com/REF.htm

2. Next, pick a brokerage where you would like to work. When you log all of your education hours and are eligible to sit for the state exam, you will be given the option to put your license with a certain brokerage where you will work. Since you are just an agent and not a broker, your license must be held with a brokerage (you will learn about this in your classes).

http://mirealestateexam.com/Guide_to_Passing_PSI_Real_Estate_Exam.jpg

3.Take the state test (and pass!). Like any other exam, the state licensing test for real estate requires some studying of the law and principles of real estate.

4. Now that you have your license, it’s time to get to work! I recommend establishing a budget and a clear, cut schedule for you to get established. Early on in your career, you will focus a lot on marketing yourself, paying dues and holding open houses. It can get expensive and time-consuming if you do not prepare accordingly.

5,Work hard and you will get rewarded! This business is definitely performance-based, so the harder you work, the more you can get paid.

Now that you know how to get going, good luck and make some money!

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