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Becoming a real estate agent can be a rewarding career choice, offering flexibility, independence, and the opportunity to help people achieve their dream of homeownership. However, the path to becoming a real estate agent varies by state, with each requiring specific steps to obtain a license. Here, we’ll look at what it takes to become a real estate agent in four states: California, New York, Wisconsin, and Ohio.
California
In California, aspiring real estate agents must be at least 18 years old, complete 135 hours of pre-licensing education, and pass the California Department of Real Estate (DRE) Salesperson Exam. The required courses include Real Estate Principles (45 hours), Real Estate Practice (45 hours), and one elective course (45 hours) from a list of approved topics such as Real Estate Finance or Property Management. After passing the exam, candidates must apply for their license and undergo a background check. California also requires agents to complete continuing education every four years to renew their licenses.
New York
In New York, the path to becoming a real estate agent involves completing 75 hours of approved real estate education and passing the New York State Real Estate Salesperson Examination. Candidates must also be at least 18 years old and sponsored by a licensed real estate broker to practice. New York’s education requirements include courses on Fair Housing, Agency Law, and Ethical Business Practices. Once licensed, agents must complete 22.5 hours of continuing education every two years, including three hours focused on Fair Housing laws.
Wisconsin
Wisconsin requires aspiring real estate agents to complete 72 hours of pre-license education and pass the Wisconsin Real Estate Salesperson Exam. The education covers topics like real estate law, contracts, and property management. Candidates must also be at least 18 years old and have a high school diploma or equivalent. After passing the exam, agents must apply for their license through the Wisconsin Department of Safety and Professional Services. Like other states, Wisconsin requires continuing education for license renewal, with agents needing 18 hours every two years.
Ohio
In Ohio, candidates must complete 120 hours of pre-licensing education, which includes courses in Real Estate Principles, Real Estate Law, Real Estate Finance, and Real Estate Appraisal. After finishing the education requirements, aspiring agents must pass the Ohio Real Estate Salesperson Exam and submit a fingerprint background check. Ohio also requires candidates to be sponsored by a licensed broker. Once licensed, agents must complete 30 hours of post-licensure education within their first year and 30 hours of continuing education every three years thereafter.
While the journey to becoming a real estate agent varies by state, the core components remain similar: meeting educational requirements, passing a state licensing exam, and maintaining your license through continuing education. Understanding the specific requirements in your state is crucial for a successful start in this dynamic industry.