If you’re considering a career in real estate and want to become a Realtor, you might be wondering how long the process takes. The answer depends on several factors, including your location, schedule, and dedication. In this blog, we’ll outline the key steps and provide a timeline for becoming a Realtor.
Step 1: Meet Your State’s Eligibility Requirements
Before beginning your journey, ensure you meet the basic eligibility criteria, which usually include:
Being at least 18 or 19 years old, depending on the state.
Having a high school diploma or equivalent.
Time Estimate: No additional time if you meet these requirements.
Step 2: Complete Pre-Licensing Education
Every state requires aspiring real estate agents to complete a pre-licensing education course. The number of required hours varies by state, typically ranging from 40 to 180 hours. These courses cover topics like property law, contracts, and real estate principles.
I personally used Aceable Agent to complete my pre-licensing education. Aceable Agent is rated the Best Overall Real Estate School by Fortune and is endorsed by top-producing real estate agents. It’s entirely online and self-paced, making it perfect for those balancing other commitments. Check it out if you’re looking for a flexible way to start your journey!
Time Estimate: 2–6 months (depending on your state and whether you study full-time or part-time).
Step 3: Pass the Real Estate Licensing Exam
Once you complete your pre-licensing education, you’ll need to pass your state’s real estate licensing exam. Most states offer multiple-choice exams that test your knowledge of state-specific and national real estate laws and practices.
Time Estimate: 1–2 months (including time for studying and scheduling the exam).
Step 4: Find a Sponsoring Broker
Before you can officially activate your real estate license, most states require you to work under a licensed real estate broker. Finding the right brokerage is crucial, as they will provide guidance and mentorship as you start your career.
Time Estimate: 1–2 weeks (depending on the availability of brokers and your personal search efforts).
Step 5: Join the National Association of Realtors (NAR)
To become a Realtor, you must join the National Association of Realtors (NAR). Membership requires:
Holding an active real estate license.
Being associated with a brokerage.
Paying annual dues.
Additionally, new members must complete an ethics course within a specific timeframe (usually within the first year of membership).
Time Estimate: 1–2 weeks (to complete the application process).
Total Time to Become a Realtor
Here’s a summary of the estimated timeline:
Steps: Time Required:
Pre-licensing education 2-6 months
Licensing exam preparation 1-2 months
Finding a sponsoring broker 1-2 weeks
Joining NAR 1-2 weeks
Total Time: 4-9 months
Factors That Can Affect Your Timeline
Several factors can influence how quickly you can become a Realtor:
State Requirements: States with more education hours or rigorous exams may extend your timeline.
Personal Schedule: If you’re studying part-time or juggling other responsibilities, it may take longer to complete your education.
Availability of Courses: Online or in-person course availability can impact your progress.
Conclusion
On average, becoming a Realtor takes 4 to 9 months, but your journey may vary depending on your pace and circumstances. Once you’re officially a Realtor, you’ll join a community of professionals dedicated to upholding high standards in the real estate industry.
Ready to take the next step? Research your state’s licensing requirements, find a great real estate school like Aceable Agent, and start your journey today!