Becoming a real estate agent is a huge step. But it's also worth it if you are willing to do the work. We'll talk about how you can get your Philadelphia Real Estate license, and become an agent. This article is meant to serve as a guide and help you obtain your real estate license. A Philadelphia Real Estate License is not a real thing, instead it is the Pennsylvania Real Estate License. Real estate license requirements are state-by-state so if you want to be a Philadelphia real estate agent,you are to follow the Pennsylvania real estate license guidelines. Let's begin.
To obtain your real estate license for Philadelphia you must become licensed by the state of Pennsylvania. Once you are licensed by the state of Pennsylvania you are licensed for any city, county, borough, etc within Pennsylvania. You are licensed to sell real estate state-wide.
Each individual state has a different process for being a real estate licensee. overall the process is about the same for each state, with minor differences. There are some key factors that will not change depending upon the state.
- You must be at least 18 years old in most States.
- (Some states require you to be 19 years old.)
- You must be a resident of the US.
- Your prelicensing education must be completed.
- You must pass the real estate license exam for your state.
- You must hang your license with a real estate broker.
Obtaining a real estate license is going to require a minimum of 75 hours total time invested. It's time does not include everything involved, but this is a good anchor number to be mindful of. 75 hours may not seem like a lot, this is just a minimum. it does not include the time you will have to study, fill out applications, prepare for exam tests and other required real estate license education.
Decide if Real Estate Is Career For You.
In the beginning stages A lot of your business could depend upon you individually. it could become overwhelming and frustrating and this is why it is important to be committed. commitment will overcome major and minor obstacles.
These things include paperwork, relationship building, contact management, prospecting and nurturing buyers and sellers, selecting the right real estate tools, and more. The best way to get an understanding of how this business works, is to talk with active real estate agents. talk with real estate agents that are in day-to-day activities within the real estate industry.
This is important because it's likely your life will be some variation of this if you want success within this business. Make sure it aligns with your goals.
Learn your States real estate license laws and policies.
You can find it's important information on your state's real estate commission website. These pages serve as official guidelines and requirements. It will vary from state to state. Some pre-licensing courses will offer this information as well, but to get the most up-to-date and accurate information follow the state's official website.
It's not vital that you visit the states website, but it is worth time to take a look because it is regulated and often revised by state officials.
Obtain your pre-licensing education.
There are many ways you can go about completing your pre-licensing education.
The two most common are online real estate licensing education, and physical in-person education. Classroom style learning at a real estate school, or real estate brokerage. I recommend Real Estate Express for those interested in online real estate education.
Other forms of real estate education would include: real estate firms, technical schools, college universities. There are benefits and detriments to each. It just depends on your personal preference on which would fit you better.
Apply To Take Your Real Estate License Exam
Follow the application process for your state. This is an important process that could demand lots of unnecessary time when not done correctly. Normally, for me anything that involves the state takes quite some time.
You want to be as proactive and as prepared as possible. You can also expect to pay some kind of application fee, depending upon your state's process.
Most states will also require you to pass a background check. This is the part that can take a lot of time, especially if you have a common name. Mine took weeks to process and complete. Don't make the same mistake as me by slacking on your paperwork and application process. This part is just as important as the education and exam.
Pass Your Real Estate License Exam
This part takes lots of preparation; it is probably the most worrisome part of becoming a real estate agent: The test. With the right preparation the test doesn't have to be stressful. I wrote a prior article describing my experience for this phase and what helped me pass the test.
You have taken your pre-licensing courses and this is the part where the time you put in matters most. How much did you retain from the education and are you familiar with the state and National real estate laws? This is the objective and purpose for the exam. To answer that question and give you the right to practice real estate transactions.
The real estate exam does not have to be stressful. Ready yourself by practice exams, flashcards, and other methods to maximize what you learn from the pre-licensing courses. The pre-licensing education that I recommend can be accessed here. Real Estate Express is a popular real estate license education platform. They also run frequent discounts. Access the link or the image below to see if any discounts are available.
Select Your Real Estate Broker
This is one of the easier phases of having a real estate license. Once you are licensed, brokers will reach out to you. Many Brokers will offer you lots of great promises. not all follow through but some do.
Treat this as an interview phase. You are the interviewer, though! I found this list of questions to ask when choosing a real estate broker.
Personally, I had already done research on brokers and knew which broker I would go with before I became licensed. You can read the review article here.
Did you find this article helpful? Please comment below if you have any questions.
Jerome Lewis – Digital Real Estate Strategy