How To Get A Commercial Real Estate License

04/15/2012

Becoming a licensed commercial real estate agent is not a necessarily difficult, and only requires one completing the required educational course, and Department of Real Estates state exam. When it comes to obtaining your commercial real estate license the Department of real estate categorizes all potential licensees in the same category, there are no separate course, certificates to be obtained while preparing for the state exam that separate you from any other person looking to become a state licensed real estate agent. The Department of Real Estate only issues a generic real estate license, and it is the decision and choice of the licensee to determine which field of real estate they will practice once being licensed.
Below we will outline the steps that needed to be completed prior to becoming a licensed real estate agent per The Department of Real Estate.
Department of Real Estate Requirements:

There a few step that need to be completed prior to scheduling your Department of Real Estate State Exam. First one must qualify under the basic Department of Real Estate guidelines and meet the following criteria prior to proceeding and completing the course requirements. The General Requirements are outlined below per the Department of Real Estate.

General Requirements:

1. Age: You must be 18 years of age or older to be issued a license.

2. Residence: Proof of Legal Presence in the United States is required.

3. Honesty: Applicants must be honest and truthful. Conviction of a crime may result in the denial of a license. Failure to disclose any criminal violation or disciplinary action in an applicant’s entire history may also result in the denial of a license.

After you’ve met the mandatory General Requirement stated above, there a few educational courses that need to be completed prior to scheduling your DRE State Exam. Keep in mind when selecting courses that they must be three semester-units or four quarter-units at an accredited college or a private real estate school which has had its courses approved by the California Real Estate Commissioner.

Below is an outline of the courses that are required to be completed prior to taking the state exam.

Course Requirements:

1. Real Estate Principles

2. Real Estate Practice

3. One course from the following list:

• Real Estate Appraisal
• Property Management
• Real Estate Finance
• Real Estate Economics
• Legal Aspects of Real Estate
• Real Estate Office Administration
• General Accounting
• Business Law
• Escrows
• Mortgage Loan Brokering and Lending
• Computer Applications in Real Estate
• Common Interest Developments

There are several private real estate schools that prepare individuals for The Department of Real Estate Exam and can be taken over the course of a few weekends. These schools can be easily found during a cursory search online.
Once you’ve completed the necessary courses and submitted the certificate of completion to the DR, you’ll be ready to schedule your Real Estate Exam, it’s important to know that due to high volume exams booked today can take up to a month to schedule.

Once you officially received word from the Department of Real Estate that you’ve passed the state exam there will be one additional step that is required to be completed prior to officially becoming a licensed real estate agent.

Fingerprint Requirements:

All applicant for any real estate license must submit one set of fingerprints in a format that is acceptable to the State Department of Justice (DOJ). Considering all fingerprints are done electronically these days, potential real estate licensees must schedule to have their fingerprints taken through the DOJ’s “Live Scan Program” which takes and transmits your fingerprints to both the DOJ and FBI. These scan are done through third parties and typically cost between $45.00-$75.00.

Once you’ve completed all the necessary step above, and hopefully passed the Live Scan Finger Printing process, you’ll be on your way to joining many others that have found success in the world of commercial real estate.

Below I am going to lay out some of the “generic” requirements for getting your real estate license, these should be used as a guide or checklist of things to expect while going through the licensing process. Depending on the state in which you reside, these requirements will surely vary to a certain extent as every state requires different things. So here you go:
1. Most states will require that you are at least 18 years of age or older at the time of application, a few others do have a minimum age of 21.
2. You will need to fill out a real estate license application for the state, applications can usually be downloaded from the Real Estate Commission website for you particular state, or the states Department of Licensing. Click on your state in the right sidebar for more information and a link to get your materials.
3. Most states require between 40 and 50 hours of pre-licensing courses in a state accredited facility. These courses will cost money and must be successfully completed before your license will be issued. There are a select few states that instead require college credit hours in real estate related courses.
4. You will typically be required to pay fees for application and licensing, these are usually around fifty dollars but can get significantly hire depending on the state.
5. Most states will not allow you to get your real estate license if you have any felony convictions in the U.S. or abroad within the last ten years.
6. The majority of states will require you to be assigned to a broker before receiving your real estate license, otherwise your license would be issued on an inactive status.
7. Some states do require that you complete post-licensing courses within one year after receiving your license. If you do not complete these requirements your license will usually be terminated.
There you have it, those are the most common requirements for getting your real estate license. As I mentioned above, these requirements will vary depending on your state so please take the time to consult your Real Estate Commission Board for specific requirements.
Now, if you are not sure you have what it takes to be a success in the real estate business keep reading.
Skills Required to Be a Real Estate Agent:
1. A real estate agent has to be a people person. The biggest obstacle standing in the way of your job and of course making those high commission sales are clients. Clients are looking to spend a lot of money on a home, so they need to be able to communicate and maybe more importantly, trust their agent, without that they will just find a new real estate agent that they can work with.
2. Real estate agents have to be timely and prompt. If you set a meeting with a client, plan on being there a few minutes early. I know this may seem like it goes without saying, but some people(you know who you are) just can not seem to show up on time for anything.
3. New agents should be ready to work hard, be dedicated and expect to put in some long hours. If you have trouble finding a way to fit these into your daily schedule, perhaps you should consider a nine to five type job that requires less commitment.
Well, what do you think? Do you have what it takes? Now you should not have to ask how to become a real estate agent, but rather why did I wait this long? Once you get your license, check out our article on marketing your real estate business online for some tips to kick start your website.

“Underneath All is the Land!” This famous axiom forms the foundation of all Real Estate Professionals’ work. The constantly changing ownership of the land requires the integrity and knowledge that influences their training and their business practices. These Real Estate Professionals are the experts who assist people in both purchasing land and its buildings, and in selling it.
Real Estate Professionals are individuals and companies who know the laws and regulations pertaining to real estate – individuals you can trust with your confidential information. They aim to promote peaceful ownership and effective passing of the title from one person to another.
Real Estate School
Get Your Real Estate License! Fast and Fun with Online Exam Prep and Career Book! America’s Favorite Real Estate School RealEstateExpress.com.
Real Estate licensing for Real Estate Brokers and Salespeople has evolved in order to protect consumers while they buy and sell real property. These agents act like catalysts between the various parties involved in a transfer of title to real estate. The Real Estate Broker License or Real Estate Salesperson License indicates that the person has what it takes to help consumers through the maze of finding, evaluating and financing real estate.
The uniqueness of the real estate licensing laws of each state is expressed in the diversity of laws, rules, and regulations that each state adopts. The states differ on every aspect of the licensing: how much education is required to obtain a license, the type and depth of the examinations, and whether education courses are required once an agent becomes licensed. Fees vary tremendously in the various states, as does the valuable potential of reciprocity with other states.
To further the protection of the consumers, and to provide a voice for the Real Estate Professional, the National Association of Realtors (NAR) was formed. Members are pledged to a strict Code of Ethics and Standards of Practice. The association has over one million members. The NAR also provides continuing education courses, an annual requirement for maintaining a Real Estate license in some states. The association also promotes the most effective government regulations. All states have members in the NAR.
The National Association of Real Estate Brokers (NAREB) was formed to bring together the nation’s Real Estate Minority Professionals in order to promote a meaningful exchange of ideas about the real estate industry – always searching for better ways to serve their clients.
By becoming a Real Estate Agent, an individual can provide hundreds of different, creative options for a person to purchase a home, land, or business and commercial property. The consumer truly benefits because Real Estate Agents are not employees of any particular company or financial institution, but instead have a working relationship with a broad range of companies that serve the public by helping them buy or sell real estate.
Whether you are researching real estate licensing requirements or you are interested in learning how to become a Real Estate Agent, we welcome you to explore the information on each state below. Although we believe all information is accurate as of today, each state is constantly striving to protect the public and provide more quality service to those using the services of a Real Estate Agent. Change in Real Estate licensing laws and regulations is inevitable. To further assist you, we have included links to each state’s real estate licensing office, and also to the state’s local Association of Realtors site that provides current information on proposed real estate license regulations in that area.
You are warmly invited to browse through the information below as you pursue your goal of becoming a Real Estate Professional

DRE REQUIRMENTS

To obtain a real estate broker license, you must first qualify for and pass a written examination. Those who pass the examination are provided a license application which must be submitted to and approved by the DRE.
• General Requirements
• Course Requirements
• Notes
General Requirements

• Age: You must be 18 years of age or older to be issued a license.
• Residence: Proof of Legal Presence in the United States is required. If you are not a California resident, see Out-of-State Applicants.
• Honesty: Applicants must be honest and truthful. Conviction of a crime may result in the denial of a license. Failure to disclose any criminal violation or disciplinary action in an applicant’s entire history may also result in the denial of a license. For further information, see Help Avoid Denial of Your License Application and Application Eligibility Information (RE 222) .
• Experience: A minimum of two years full-time licensed salesperson experience within the last five years or the equivalent is required. For further information, see Documenting Experience Requirements for the Broker Examination.
Course Requirements

Applicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses:
• Real Estate Practice; and
• Legal Aspects of Real Estate; and
• Real Estate Finance; and
• Real Estate Appraisal; and
• Real Estate Economics or Accounting; and
• Three* courses from the following list
o Real Estate Principles
o Business Law
o Property Management
o Escrow
o Real Estate Office Administration
o Mortgage Loan Brokering and Lending
o Advanced Legal Aspects of Real Estate
o Advanced Real Estate Finance
o Advanced Real Estate Appraisal
o Computer Applications in Real Estate
o Common Interest Developments

*If both Real Estate Economics and Accounting are taken, only two courses from the above group are required.
NOTES

• Continuing education offerings do not satisfy the college-level course requirements for this examination.
• Members of the California State Bar are statutorily exempt from the college-level course requirements. Evidence of admission to practice Law in California must be furnished, such as a photocopy of both sides of a California State Bar membership card.
• Members of any other State Bar as well as individuals holding an LL.B or J.D. degree who are not members of any State Bar, including CA, may generally qualify on the basis of education. These applicants are required to submit evidence of an LL.B. or J.D. Degree from a college or university accredited by the Western Association of Schools and Colleges (or comparable regional accrediting agency recognized by the United States Department of Education) for evaluation, as well as proof of successful completion of a three semester or four quarter unit college-level courses in Real Estate Finance and Real Estate Appraisal.
• Courses must be three semester-units or four quarter-units at the college level. Courses must be completed prior to being scheduled for an examination. Copies of official transcripts are generally acceptable evidence of completed courses. Transcripts of other courses, submitted as equivalent course of study in lieu of the statutory courses, must be accompanied by an official course or catalog description in order to be evaluated.
• Broker qualification courses must be completed at an institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner.
• Courses completed through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the Department of Real Estate. See Examination Applicant Foreign Education Information (RE 223) .
• Applicants who have completed the eight college-level courses statutorily required for the broker examination and license are eligible to take the salesperson examination without providing further evidence of education or experience.

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