Many would-be agents ask themselves, “how long does it take to become a real estate agent?” If this is you, you’re in the right place. Read on to learn timelines and tips to help you jump start your career.
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- How Long Does It Take to Become a Real Estate Agent?
- Factors Affecting Licensing Time
How Long Does It Take to Become a Real Estate Agent?
Working as a real estate agent can provide great upside earning potential. It can open the door to a rewarding career helping families find their dream homes.
But many agents-to-be wonder, “how long does it take to become a real estate agent?” Like most jobs, you can’t just become an agent – it takes time. But the required investment may be less than you think.
That’s a fraction of how long it would take to get a college degree. And a career as a real estate agent compares favorably in many ways to some professions that require a degree.
Factors Affecting Licensing Time
There are three major elements that affect how quickly you can get a real estate license. They are:
The state where you live determines how long it takes to get licensed. States have the legal authority to grant real estate licenses. And real estate laws are different in every state.
1. Pre-License Hour Requirements
Education requirements are the main factor. State real estate commissions require different amounts of class time before you can take the licensing test.
Here are some other state-specific pre-licensing course requirements:
The states also specify different courses for the real estate education would-be agents must take. But the big difference is the number of hours.
2. Classroom vs Online Study Time
The second major influence on how long it takes to get a license is how you study. There are two main choices: online or face-to-face in a classroom.
Classrooms Take 4-6 Months
If you go to a classroom for your instruction, it can take four to six months. Again, the actual length depends on your state’s instruction requirements.
If you study online, you can get through the pre-licensing coursework faster. A student who works hard at a self-paced online course can finish in weeks instead of months.
This will depend on your personal abilities and preferred approach to learning. Some people learn faster and better in a classroom.
Online Classes take 1-4 Months
For them, an online study course may take longer than one based in a classroom. Students also have to pass the state licensing test after completing the coursework. An online course may take less time.
But if a student can’t pass the test the first try, it may take longer to get that license. Hybrid courses are an option. For these, students spend part of their time studying online.
Hybrid Class Options
The rest of the time they go to a classroom for face-to-face instruction. This may work for someone who wants to finish fairly quickly but isn’t comfortable doing online only.
There is a real estate school in nearly every city. But there may not be one convenient to your home where you can study in a classroom. In that case, online may be your only option.
Our favorite online real estate school is Real Estate Express. Luckily for you, we’ve done a complete review on their services and what to expect. Click the link below to learn more.
3. Application Processing Time
State agencies have to issue a would-be real estate agent’s license. The process involves several steps, each of which takes time.
One of the big factors is whether a state processes applications electronically or uses paper documents. Electronic processing is a lot faster.
For example, look at the California real estate licensing timeline. You must submit an application via fax or mail, which is about the lease efficient way to send anything in the digital age.
They also require a great deal of pre-licensing hours, so you’re probably be closer to 6 months, from start to finish.
In some states electronic license application processing is automated. In those you may be able to get your test scores immediately after taking the test.
You may even be able to get a temporary license at the same time. If you are using a paper application it takes time for the mail to deliver the application.
It takes more for the agency to process it and more for your license to arrive in the mail. This can add a couple of weeks to the process by itself.
4. Other Time Considerations
Getting a real estate license calls for more than taking a class and a test. Again, depending on the state, a would-be agent may need to:
- Supply fingerprints and go through a background check
- Have a delay of a few days to a few weeks before scheduling the real estate exam
- Get a licensed real estate broker to sponsor them before taking the test
All this takes time. In addition, many students take an additional pre-test study course after finishing their real estate course. The added exam prep improves odds of passing the license exam.
You may even have more required education after getting the license. Florida, for instance, makes new agents take another 45 hours of instruction after licensing.
Every state requires new agents to work with a broker for a while. Until a freshly licensed agent has lined up a broker for this, he or she can’t work. That can consume time as well.
Many agents also join the National Association of Realtors. The Multiple Listing Service (MLS) in many places will require agents to join NAR to list properties. This doesn’t take much time. You just fill out and application and pay the fee.
Finally, you may need to keep working another job until your real estate earnings can support you. The longer you work as an agent, the more you are likely to earn.
But early on the commissions on completed transactions may be few and far between.
Some real estate professionals go on to get bachelors degrees in real estate, while others go one step further and obtain a masters degree.
Some states waive the real estate school requirement for applicants with real estate-specific higher education training.
You’ll also have to do continuing education to keep your license. Generally this consists of a course or two every couple of years. McKissock Learning makes this process easy by offering online CE classes.
So, How Long Does It Take to Become a Real Estate Agent?
There is no limit to the amount of time and energy you can devote to a real estate career. Of course, this depends on your state’s own requirements, and how dedicated you are to studying.
But getting started probably won’t take more than a few months with hard work and dedication to jump-starting your career. As we’ve mentioned, online classes are by far the best way to go.
They are more flexible, cost less, and I find them to be easier to complete in a timely manner. Our favorite course is Real Estate Express. Click the the button below to read our full review!