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California Real Estate license Article Summaries

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Featured Article

How to Become a Real Estate Agent

Andre McFayden, Ph.D.

The process of becoming a real estate agent is fairly simple, although it does vary a lot from state to state. Here are the fundamentals of becoming a real estate agent.

a) License Requirements
Each state has different licensing laws, so you will need to look at your local requirements. However, in general you will have to:

-Meet an age requirement
-Pass a background check
-Complete approved real estate courses from a state-approved school
-Pass a state exam
-Complete an application form
-Submit various fees

Agents just getting their license work for a real estate broker. If you decide at some point to work for yourself, you will need to earn a broker license. Most new agents sign on with one of the large company brokerages. Most successful agents, even if not self-employed, treat the real estate profession as their own business, instead of just a job. This attitude will go a long way to ensuring your success.

b) What is a REALTOR®?
Many people are confused about the difference between a real estate agent and a REALTOR®.

A real estate agent becomes a REALTOR® when he or she pays an annual fee to the National Association of REALTORS® and subscribes to its Code of Ethics. The agent joins through the local (city) board or association. Membership in the REALTORS® is optional, but help enhance your career.

c) How much can a real estate agent earn?
Real estate agents more often than not are paid on commission. This commission is a percent of the selling price of the property. The seller will generally pay 4-6% of the sales price as the fee for having an agent handle the complex job of selling their property. The funds will often be split equally between the seller's broker and broker who finds the buyer.

As an example, if the fee for a $300,000 property is 6%, the buyer's broker will be paid 3% or $9000 and the seller's broker will also be paid 3% or $9000. The agent is paid by his or her broker, using their agreed-upon commission split. This is often 50-50 for new agents, so in that case the agent in our example would be paid $4500.

So to answer the question, the amount that a real estate agent can earn is only limited by the number of transactions that he or she can close.

Visit Real-Estate-Career-Info.com for requirements for obtaining a real estate license in your state.

This article may be reprinted if proper credit is given and all links left intact.

Copyright©2005 Real-Estate-Career-Info.com

About the Author

Andre McFayden, Ph.D., is a Real Estate Broker and contributor to Real-Estate-Career-Info.com.
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California Real Estate license Resources
Check below for additional California Real Estate license Links and Information

Real Estate License at Anthony Schools: Real Estate School; California Department Of Real Estate; Real Estate ...
California Real Estate License at Anthony Schools. Specializing in real estate training; real estate appraisal schools; real estate courses and real estate careers

California Real Estate License Exam Locations
John Henderson has developed the Real Estate Centre's One-Day Exam Prep class to pass your California real estate licensing exam.

The California Real Estate License Professor
The Real Estate License Professor will help you ace your real estate exam the first time. The Real Estate License Professor covers all 50 us states. ... Study Guide provides access to the California Real Estate License Professor's vast library of state specific ... to tell a friend about the California Real Estate License Professor? ...

California Department of Real Estate: Real Estate Salesperson License
This page contains the requirements for obtaining the real estate salesperson license within the State of California.

Premier Schools
California real estate school for agent; broker; appraiser; and contractor licenses. California - Los Angeles - Real Estate - Training and Development

Amazon.com: California Real Estate License Preparation: Books
Amazon.com: California Real Estate License Preparation: Books by William H. Pivar

Real Estate Trainers
Real Estate Trainers offers a wide variety of real estate and appraisal courses for those who have (or want to get) a California real estate or appraisal license.

California Real Estate Salesperson License Online Degree Information - eLearners.com
... designed to help you obtain your California real estate license in the quickest possible time allowed ... to prepare for the California Real Estate License state exam while at ...

California Real Estate License Prep (12nd Ed.) at SHOP.COM
Search; find and buy California Real Estate License Prep (12nd Ed.) and other Books products from a variety of merchants via the OneCart(tm) solution at SHOP.COM.

California Real Estate License $99 Special
California Real Estate License $99 Special. Our established California Real Estate License School is offering high quality; low cost courses to obtain or renew your California Real Estate Agent or California Real Estate Brokers License. ... eligible to take the California Real Estate License Exam to become a ...

Property Managers Must Have Active California Real Estate License
Property Managers Must Have Active California Real Estate License. ROBERT GRISWOLD - STEVEN R. KELLMAN - TED SMITH. 19-Apr-1998 Sunday ... Do I need to have a California real estate license to be considered for a job as a property manager ...

California Real Estate License
Self-paced online California real estate license preparation tutor. Unique Readiness indicator tells when ready to take state exam. Test drive our interactive demo. Free: Workplace assessment. ... Getting your California real estate license now will allow you to take advantage of this ever-expanding real estate ...

California Real Estate License School
The #1 rated Real Estate School in California; specializing in Sales Agent and Brokers License preparation courses; also continuing education since 1941.

California Real Estate Brokers License; Real Estate Broker License; California Real Estate Broker Exam; California ...
California Real Estate Schools at Premier Schools. Specializing in california real estate brokers; california real estate license schools; california real estate courses and real estate license courses

California Department Of Real Estate at Anthony Schools: California Real Estate License; California Real Estate ...
Real Estate Training at Anthony Schools. Specializing in real estate careers and schools and real estate licenses

Real Estate License Courses - Contractors License School - Contractors License of California
... Business Law; Property Management; Escrows; Mortgage Loan Brokering and Lending. California Real Estate License ...

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