| Real estate is a booming business in America. | | | | licenses. It is essential to verify that the applicant |
| With millions of dollars worth of property being | | | | is honest, truthful, of good character and |
| bought and sold every day, real estate is | | | | competent. Information and documentation |
| definitely a popular commodity. To deal in real | | | | relating to the applicant's background must be |
| estate, a person needs to acquire a real estate | | | | provided on an application. Additionally, all new |
| license. This could be considered a passport to a | | | | salesperson licensees must have at least three |
| lucrative career in real estate. | | | | years of experience as a salesperson or broker |
| The process of acquiring a real estate license is | | | | during the five years immediately preceding |
| simple. There are a few eligibility criteria to be | | | | application for a broker's license. |
| observed. Any applicant must be at least 18 | | | | There are various institutes and online education |
| years of age when applying for a real estate | | | | portals that help in guiding the applicant through |
| license. The applicant should not have had a real | | | | the application process. They also provide |
| estate license denied within one year, or revoked | | | | adequate tutoring to enable applicants to prepare |
| within two years from the date of application. | | | | sufficiently for the examinations. There are fees |
| More importantly, if the applicant was originally | | | | required to take both the salesperson's and |
| licensed more than ten years ago, he may not be | | | | broker's exams. On passing the exam, the |
| able to use his prior pre-licensure education unless | | | | candidate may have to pay between $100 and |
| he has worked in a related field. All new | | | | $200 for the license. |
| salesperson licensees must also take a six-hour | | | | Once the license is received, a person is fully |
| continuing education course in contract law and | | | | eligible to practice in real estate as an authorized |
| contract writing before they activate their | | | | real estate broker. |