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 everythingHowever, there are certain things that you need to consider when you plan on becoming a real estate agent in CaliforniaYou will have to get a license in order to function as a real estate agentGetting a real estate license is not that difficultHere are the steps to get a real estate license in California.
- 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.
- 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.
- 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.
- 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.