Being a real estate agent in CA is really exciting and is also a new experience since California is a state filled with a wide range of opportunities. Big city condos, rural farms, beach homes, log cabins, California has everything. However, there are certain things that you need to consider when you plan on becoming a real estate agent in California. You will have to get a license in order to function as a real estate agent. Getting a real estate license is not that difficult. Here are the steps to get a real estate license in California.

  1. Fulfill the Basic Requirements

In order to get the real estate license in California, you need to be at least 18 years of age. In case you are 17 years old while taking the test, you need to wait until you are 18 prior to submitting the application. Thereafter, you will have to pass the criminal background check. It is necessary to determine whether you are honest enough to take up the job. People who have checkered past will be forbidden from real estate license. You have to mention your criminal history or any kind of legal action that had been taken against you in the application. If you do not, your license application is going to be canceled. Some crimes that can get the application denied are burglary, fraud, tax evasion, and criminal conspiracy.

This is not all. You will also have to pass the work history background inspection. In case some actions had been taken against you by the federal government or state government when you were working in a business can get the real estate license denied. For example, if you have been levied a fine because of selling drugs, you might be denied the license.

  1. Get Real Estate Salesperson License

There are many courses that you have to take prior to getting your license. Courses need to be completed at institutions that are accredited or some equivalent agency that is recognized by the United States Department of Education. You can also opt for a private school that has courses which have been accepted by the Real Estate Commission of California. When you apply for a license for real estate salesperson, you need to complete at least 3 levels of college courses. The courses that you can take are Real Estate Practice, Estate Principles, etc. However, in case you are a member of the California State Bar, you will not require the coursework requirements.

Another thing that you need to keep in mind is that you will have to get your transcripts. You will get them from the register office of your school. There are some schools which provide digital transcripts along with the application of the exam for showing a proof that they have gone for the coursework required. In order to apply for the exam, you will have to submit the application for a salesperson exam along with the fee. You will have to choose where you want to sit for the exam. Also, you have the option to decide when you want to take the test.

Give the test on the chosen date and make sure that you answer 70% of your questions correctly to pass and get the application.

  1. Get Real Estate Broker License

In case you haven’t taken the necessary coursework, you will have to show that you have some equivalent experience. This is 2 years if full-time sales experience that is licensed or a part-time that is equal to 2 years of full-time work.

The full-time work needs to be within five years but it might not be within the contiguous period. Now, you will have to submit an application to take the examination of real estate broker. Also, you can apply for the exam and then submit the application for a license at the same time with the RE436 form. You will have to submit a fee with this. Here too, you will be able to choose the location and time for taking the exam. Mention this on the application form. You will have to answer at least 75% of the answers correct in order to pass the examination. Do not make the mistake of cheating as then you will be dismissed from the center and will be failed for the test.

  1. Follow up After your Exam

In case you have taken the test electronically, you are going to be given the result after you are done with the test. However, if you take the standard test, you have to wait for 7 business days prior to checking the results on the website. If you are unable to pass the exam, you can retake it. The best part is there is no limit to the number of times you will be able to take the exam. Nonetheless, if you plan on retaking after 2 years of application submission, you will have to submit a new application.

If you are able to pass the examination, you need to verify the fingerprint for identity proof. The fingerprints will be scanned through the live scanned service. Keep in mind that the prints that are taken on a conventional pad are not going to accept.

In case you have passed the exam for the salesperson license but haven’t filled the RE 435 form, you are going to be mailed with a separate application. Same goes for the real estate broker license. Irrespective of what you have applied for, fill and mail the complete license. After you get the real estate license, you will be able to take up the career of a licensed broker. However, unless you work under a licensed broker, you will not be able to take part in transactions of licensed real estate.

Don’t forget that the license becomes invalid after four years. So, if you want to continue, renew the real estate broker license after every four years.

How long does it take to become a licensed real estate agent in California?

On average, it takes between five (5) and six (6) months to get a California real estate license depending on the pace in which you complete the 135 hours of pre-licensing courses and pass your licensing examination, the time it takes you to complete the application process and find a sponsoring broker, and application

How much does it cost to get a real estate license in California?

What will it cost me to get my real estate license in California? Courses range anywhere from $199 to $699. The exam fee is $60.00 for Salesperson/agent and $95.00 for Broker. The licensing fee is $245.00 for Salesperson/agent and $300.00 for Broker.

What is the fastest way to get a real estate license in California?

The fastest way to get your real estate license is through an online program.

You must spend 18 days on each required course:

  1. Real Estate Practice (18-days)
  2. Real Estate Principles (18-days)
  3. An elective course (18-days)

How much does a new real estate agent make in California?

That said, we conducted a survey in 2020 finding the average first-year real estate agent in California earns approximately $41,000, and that number rises to over $104,000 between years four and ten of their career.

Is the CA real estate exam hard?

Is the California Real Estate License Exam Hard? Well, the California real estate exam certainly isn’t easy. If you don’t pass the exam on your first try, don’t worry; you can retake the test. And once you pass, you’ll be a licensed California real estate agent, ready to launch your new career!

Is real estate a good career in California?

According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents. Like any career, real estate agents who build a solid foundation of hard work will find the most success.

Is real estate a good career in 2020?

The fluctuations within the real estate market have been worse in 2020 due to the COVID-19 pandemic that has caused many sellers to pull off their listings and interest rates to hit a record low. Still, we believe it’s a good time to become a realtor.

What are the highest paying jobs in California?

Detailed List Of Highest Paying Jobs In California
Rank Job Title # Of People
1 Psychiatrists 3,970
2 Obstetricians And Gynecologists 1,440
3 Surgeons, Except Ophthalmologists 4,790
4 Airline Pilots, Copilots, And Flight Engineers 10,170
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7 jui. 2021

Is part time real estate worth it?

If you’re working real estate part time as a side job, it can be a good way to supplement your regular income. You’ll gain experience in the industry. Working real estate part time will allow you to learn from other real estate agents, which can help you determine if you want to start doing it as a full-time job.

How much does a part time real estate agent make in California?

While ZipRecruiter is seeing salaries as high as $117,526 and as low as $18,529, the majority of Part Time Real Estate Agent salaries currently range between $31,764 (25th percentile) to $84,704 (75th percentile) with top earners (90th percentile) making $105,880 annually in Los Angeles.

Is it worth becoming a realtor?

Being a realtor is great if you like houses and enjoy working with people, but it’s not always the dream job some imagine it to be. Selling real estate is more work that you might imagine and, although there are some very successful real estate agents, there are many who struggle just to make ends meet.

Why I quit being a real estate agent?

The number one reason people quit real estate is because they expect to see immediate results. People expect a solid month of hard work to result in a good deal and a lot of money, and when it doesn’t, they are quick to decide real estate must not be for them. The problem is, real estate is not a get rich quick scheme.

Is a real estate agent a stressful job?

The job of a real estate agent is considered one of the most stressful jobs you can have, according to CareerCast’s 2010 Jobs Rated report, which analyzed the stress level of 200 professions.

Is real estate agent a dying career?

The median annual salary of a real estate agent is $45,990, so agents have little in the way of capital, technology or other resources required to make the purchase and sale of your home predictable, convenient, transparent or cost effective.

Can you make money your first year in real estate?

Real Estate Agent Salary: How To Make Money As A Real Estate Agent. Getting started in a new industry can be tricky. According to a 2018 survey by McKissock, the average first–year real estate agent earns approximately $15,000. This goes up to $38,141 between years one and three.

Can real estate agents make 6 figures?

Becoming a real estate agent is one way you can earn a six–figure income, even if you don’t have a college degree. However, many people earn less than six figures, and most even quit their work as a real estate agent before they earn their first commission.

Is it hard to get a job in real estate?

Of course, getting a license is the easy part. Becoming successful and making a sustainable income as a real estate agent or broker is hard work. In most cases, it requires a substantial commitment of time, effort, and even money.