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If you want to work in real estate in California, you can do quite well. You will enjoy flexible hours, the chance to earn as much as you want, and the joy of helping people to find their dream home. However, getting a license involves several steps.
Moreover, you can start rightly when you have a clear understanding of the process. In this article, you will learn the step-by-step process of getting a Real Estate License in California and what the cost and timeline will be.
How Long Does it Take to Become a Real Estate Agent in California?
It depends on how quickly one can complete the required courses and pass the exam. Generally, it takes four to six months, but you can complete it faster by covering accelerated courses or studying full-time.
Why Should I Become a Real Estate Agent?
- Unlimited Income Potential: Real estate agents can get commissions on each sale, meaning the more you sell, the more money you can make. This offers unlimited earning opportunities.
- Flexible Hours: Real estate agents can enjoy greater freedom and better work-life balance, as they do not need to follow the 9-5 schedule.
- Career Growth Opportunities: As you gain experience, you can create your own office, become a broker or senior agent, and specialize in residential (homes), commercial, or luxury properties.
- Helping People: In this career, you can help people with the most important decisions of their lives, like buying or selling a home.
Step-by-Step Guide on How to Become a Licensed Real Estate Agent
- Meet the Basic Requirements: Make sure you are at least 18 years old and a US citizen. The Department of Real Estate (DRE) will check your documents.
- Complete Required Education: You need to finish 135 hours of pre-licensing education from a DRE-approved school. This includes Real Estate Principles (45 hours), Real Estate Practice (45 hours), and an elective course (which are are-Legal Aspects of Real Estate, Property Management; Real Estate Appraisal Real Estate Economics, Real Estate Escrow and Title, Real Estate Finance, and Real Estate Office and Administration)
- Pass the Real Estate Exam: You must score at least 70% on the California Real Estate Salesperson Exam. The exam lasts 3 hours and 15 minutes and has 150 multiple-choice questions.
- Submit Your License Application: You must apply to the California Department of Real Estate (DRE) for your license. You can apply online or by sending mail.
- Find a Sponsoring Broker: To start practicing as a real estate agent, you can work under a licensed broker. Choose a broker that provides training, support, and growth opportunities.
How to Become a Realtor in California?
To become a Realtor (a member of the National Association of Realtors), you first need to be a licensed real estate agent. Next, you need to become a member of your local Realtor association and commit to following the NAR’s Code of Ethics.
What is the Difference Between a Real Estate Agent and a Realtor?
- Real Estate Agent: A licensed person who helps clients buy, sell, or rent properties.
- Realtor: A real estate agent who is a member of the National Association of Realtors (NAR) and follows specific guidelines.
Real Estate Agent vs. Realtor: Which One Should You Become?
- Real Estate Agent: If you want fewer fees and more direct earnings.
- Realtor: If you want access to the Multiple Listing Service (MLS) and a chance to build professional connections.
How Much Does It Cost to Become a Real Estate Agent in CA?
The cost of becoming a licensed real estate agent in California varies but usually includes:
- Pre-licensing Education: Pre-licensing education can range from $300 to $600, depending on the school and course package.
- Exam Fee: The state exam can cost around $60.
- License Fee: Applying for a license can cost around $245.
- Background Check: The cost will be around $49 for fingerprinting.
- Total Estimated Cost: The total estimated cost will range from $700 to $1000.
Validity of a Real Estate License in California
The validity period of a California real estate license is four years. And to renew it, one has to finish 45 hours of continuing education.
How to Get a Real Estate License in California?
Education Requirements for Real Estate Agents
You must have 135 hours of pre-licensing education, which includes:
- Real Estate Principles (45 hours)
- Real Estate Practice (45 hours)
- An Elective Course (45 hours)
How many years of college are required to work as a real estate agent in California?
No college degree is required to become a real estate agent. Only the 135-hour pre-licensing course is mandatory.
How Old Do You Have to Be to Become a Real Estate Agent in California?
You have to be at least 18 years old to get a real estate license in California.
How Long is a Real Estate Course?
If you study full-time, you can complete the 135-hour course in six weeks. It could take several months if you work part-time.
What is the Fastest Way to Get a California Real Estate License?
You can complete the required education more quickly with an online course. Additionally, for online exams, you can study at your own speed, at your own time.
Can You Become a Real Estate Agent Without Going to College?
Yes, a college degree is not required here. You need to complete pre-licensing courses and pass the state exam.
What Are the Best Online Real Estate Schools in California?
- Real Estate Express – Known for flexible learning options and exam prep.
- Kaplan Real Estate Education – Offers interactive video courses.
- The CE Shop – Comprehensive packages with practice exams.
How Much Can You Make as a Real Estate Agent in California?
The average annual salary for real estate brokers in California is around $73,450.But the best agents can earn over $100,000 annually.
Realtor and Real Estate Agent Salary in California
- Entry-Level: Around $45,000 per year.
- Mid-Level: Approximately $73,450 per year.
- Top Earners: Over $120,000 per year, especially in high-demand areas like Los Angeles or San Francisco.
Tips for California Realtor License
- Prepare for the Exam: Take practice tests and focus on key concepts.
- Choose the Right Broker: Find a broker that offers good training, mentorship, and growth opportunities.
- Stay Updated: Keep up with market trends and changes in real estate laws.
- Network Effectively: Building strong relationships can lead to more referrals and career growth.
Real Estate License Lookup California – How to Do It?
Enter the license number or agent name into the license lookup tool on the California DRE website to confirm a real estate license. Then, it will show whether the License has validity or not.
FAQs
How long does it take to get your real estate license in California?
It may take about 4-6 months to get a real estate license in California.
How many years does it take to become a real estate agent?
No college degree is needed; only 135 hours of pre-licensing education are required. The time will depend on your pace and education medium, like online or traditional courses.
How to apply for a real estate license in California?
Go to the California DRE website to submit an online application for a Real estate License.
