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Four Reasons to Become a Licensed Real Estate Agent

Four Reasons to Become a Licensed Real Estate Agent


Have you ever thought of having a career in real estate? If so, you have probably imagined some of the fantastic personal and financial benefits that can come from being an agent. While there are countless reasons why people want to sell houses, we’ve listed four of the most popular for anyone curious about becoming a real estate agent.
1. Be Your Own Boss
Real estate agents are not confined to a desk from nine to four. With so much affordable technology, your office can be almost anywhere you want it to be. Agents’ hours depend more on the needs and availability of clients and customers than on the strict time frames you often find in office jobs. The real estate market is relatively flexible, which is great if you have kids, or enjoy other pursuits. Agents can set their own schedules to make room for any number of obligations or outside interests.
2. Quick Career Entry
Getting your real estate license can be done quickly. Many states have an age requirement that you must meet. Also, you must take the real estate pre-licensing course from an accredited real estate licensing school and pass your state’s required courses and exam. There are many different programs you can take online, but make sure any institution you are considering meets all of your state’s requirements.
3. Earning Potential
Real estate agent compensation is different than a salaried or wage-paying position. Since an agent’s earnings are commission-based, your income is often based on the energy you put into the job. Your commissions are typically paid by the property sellers and are negotiable by law. Most commissions range from 3 percent to 7 percent for residential sales, depending on your region. That commission is split between the buyer’s agent and the seller’s agent. This is a common example of how your compensation may work as an agent, and every firm will have its own compensation structure.
4. Lifelong Learning Opportunities
Markets, cultures, style trends, demographics, and industries are always changing. Being a real estate agent doesn’t limit your knowledge to just the housing market. You will also learn a lot about economics, regulations, construction, design, appraisal, marketing, and negotiations. Agents are always learning new skills and building on their techniques and processes.