|
Any person representing clients in the real estate market should have a valid license approved by the respective State Licensing Board. Licenses can be obtained after following a pre-license course and clearing an exam. A broker is one of the most important professionals in the real estate industry. For a broker, only completing a course and clearing an exam is not sufficient. He can be eligible for becoming a broker only when he is a licensed sales agent and has practiced in the industry for more than a year since the time of application. Availability of Various Courses: If you are interested in becoming a broker, you will find various courses at community colleges and online institutions. As mentioned, you should be a licensed sales agent with experience for attending these courses. If you are not a licensed sales agent, you will first have to attend a sales agent course. You will have to complete some courses in property management, business law, advanced real estate finance and many more. You will have the freedom to choose from any of these courses. Providing Valid Documentation: Now that you have completed the course and are prepared for the Brokers exam, you will have to provide valid documents of your license and work experience in the same state. You can do this by using Employment Verification that is prepared by your employing broker. This will enable you to obtain the application form for the exam from the Department of Real Estate of your state. Fill in the form with required details and submit the form. Thus, you can get ready to sit for the exam. Pattern of Exam: In most states, the Brokers exam lasts for at least 5 hours which is divided into two sessions. Most of these are multiple choice questions and are administered by the Broker Examination Facilities of your state. You can get the exam dates only when you have submitted your application form, and you can select your dates. You should answer at least 75% of the questions correctly in order to pass your exam. However, if you fail to pass, you will get another chance to sit for the exam. Otherwise, you will have to take up the entire course once again. Process of Obtaining Your License: You will have to submit your finger prints through an approved life scanner in the license application. As you pass your exam, you will have to submit the license application form along with the required fees. Make sure that you deposit your fee within a year of application, and you will get your license. Your license will be issues after the Department of Real Estate in your state receives all the essential documents. Mili Bose is an expert writer. She writes on all topics related to Real Estate Brokers & license. For more information about Brokers exam, take a quick look at www.careeracademyofrealestate.com
Related Articles -
Brokers, exam,
| 
