How Can I Get My Real Estate License In MA


How Can I Get My Real Estate License In MA

Real estate license is issued by the legal authority to the real estate brokers after verification and fulfilling all aspects required. Real estate license for the real estate broker is essential as it permits them to start real estate business which includes helping clients for selling, purchasing or renting property and also charging appropriate fees from them for this service. It is a quite interesting and good business to start. The first and the essential step to start a real estate business is to have a legally, authorized license. People from any occupation or background can start this business. According to the survey, there were around 2 million people in the real estate business and the reason behind this is flexibility in this business and also good earnings.
 
There is one minor difference between real estate broker and real estate agent. Real estate broker is an experienced and educated person with a valid license who helps the client in finding, selling or renting a house but a real estate agent is one who usually works on the behalf of the real estate broker with the same purpose of helping clients in selling, buying or renting property. Agent works under brokers as well as brokers are legally authorized to run their own business for real estate. Once, you get your real estate license, you may want to explore what all career options you have, if yes then check out - what jobs can i get with a real estate license.
 
There are various essential steps which will help you to get real estate license such as:
 
Education for applying for license
 
If you want to apply for a license in MA then, first of all, you need to take the educational course for pre and post license.  Pre-license education is an education provided before applying for the license and post license is the educational course provided after post-license education. As you know technology plays an important role in our life. One of the essential adventures of technology is the internet. There are various online sites available which provide teaching classes for having a license. You can also take education from various different institutes available which will help you to have a license. After you complete the degree, you may want to explore what all jobs can you get, you can learn about it from what jobs can you get with a real estate degree.
 
 
 All aspects covered under this particular training programs generally includes knowledge about selling and listing of the real estate property, escrow procedures, valuation of property, law of agency, counseling of buyers and sellers etc. There are basic math subjects also included in the course which is helpful in calculating price per square foot of the plot, tax for the property, commission on the plot etc. usually training hours for the pre-course for applying license is around seventy-five hours and it vary according to the region and the training center located in that region. You have the option to choose a course and have training from the universities and institutes or from online private companies. But make sure the private company from which you are going to take the training online is authorized by the licensing authority of that particular state. The duration of the course and the fees charged for the course depends on the region as well as on the company. Once you will finish your course then you can appear in the exam and when you will clear that exam you will get your license and completing all the formalities you will license within few days.
 
Passing license exam
 
Once you have taken pre and post education for applying for the license then you can easily apply for a license after passing the exam. It is essential to take training for the license to clear the exam because if you will not take training then it will become quite difficult for you to clear the exam. In the training session, the trainer provides you knowledge about real estate which will greatly helpful to you in starting a business and also helps you to make different strategies to enhance your business.  Usually, timing for the test is around between 1.5 hours and 3.5 hours which vary according to the region. For clearing the test for having a license it is necessary to score at least 70 percent in the examination. Usually questions are multiple choices in the exam based on the concepts related to real estate.
 
It is important to clear the exam for starting a business. If you not able to clear the exam you can appear for the exam again but you cannot start your business without having license as it is illegal and there are strict rules made by the authority who practice without license and you may have to face serious issues in future and also you may have to pay fine for it. All these rules and regulations applied by the authority are very strict which enable people to follow the rules. For the safety of people, the authority has applied these rules. As the possibility of occurrence of any kind of offensive activity, by applying rules and regulations by the government is also reduced. As it is also a duty of people residing in the region to be aware of fraud brokers who charge money from them and does not provide appropriate results or the people who don’t have a legal license and work as a real estate broker. It is your primary duty to check their license as well as also check the validity of the license. It is essential for your safety only.
 
Submission of license application form
 
Once you have appeared for the exam and after clearance of the exam you can submit the application form which is used for applying for a license and pay appropriate fees required along with that form. Your license is usually valid for 2 to 4 years. You also need to apply for the renewal of the license before its specified expiry date. It is mandatory that you should be at least 18 years, applying for a license and having a diploma from high school. Some of the states in the United States required the minimum age of the candidate for applying for a license is 19 years. You should be legally authorized by the government to work in this business. Before giving license, the authority also checks your previous background. It is important for the candidates who have applied for the license to have a crime free record to easily get a license. As it is difficult for the candidates who were previously involved in any kind of criminal activity because authority usually checks the background of the candidate and then permit the license for the safety of the people residing in the region.
 
If you have a license for one region and you want to start real estate business from another region then it will be easier for you as you don’t need to clear test. Authority will directly permit you the license to work which will save your time and you can concentrate on your work without any wastage of time for applying for license.
 
What you can and can’t do with your authorized license
 
It is necessary that real estate agents who are also known as real estate salespersons should only work under real estate brokers. They don’t have the authority to run their own business they have the authority to work under authorized brokers. It will be beneficial for you to decide to choose the broker and the salesperson with which you want to work before appearing for your real estate license exam. It will be helpful to get rights to work and also there are few states who will ask you to name your associated real estate broker in the application which you have applied for a license.
 
If you want a license to work independently or want to start your new business in another region then it is essential that you should have real estate broker license. Authority will provide you license when you fulfill the required criteria for it such as at least two years of experience as a legal working authorized agent and secondly the course or diploma which you have done.
 
When you will become an agent, you will have the choice to join NAR (National Association of Realtors). Becoming member of NAR will be beneficial for you as with the help of NAR you will be identified as a realtor. For joining NAR you need to first of all search affiliated broker, by attending a meeting of NAR and by paying duty to state, local and NAR.
Creating portfolio of your customers
 
Once you have cleared your exam which is the tough part of getting a license. Now next you need to set your business or you can get a job in real estate easily, to learn more about it you can read more from - real estate job description. You need to now focus on your business by finding clients. There are different ways which will help you to grow your business.  The best way to start marketing for your business is to give adds online on the internet. As the internet is used by almost everyone nowadays and it is the best source of advertising where you can promote your business. But it is essential that add which you are going to give online for the advertisement of your business should be of good quality. As if the quality of your add will be excellent only then you will be able to attract people and make large numbers of clients which will be helpful for you to enhance your business. You can also hire an authorized writer for writing quality of advertisement which will greatly help you to promote your business online. Side by side you can also promote your business on other social networking websites such as twitter where you can share your post with friends that you have started a new real estate business.
 
As nowadays almost everyone is working and due to deficiency of time they hire a broker to find selling, purchasing or renting a house and rather wasting their time and visiting different places for the property search they prefer to simply access the internet and search for the property in the region in which they want to invest. This option is quite easy for the clients and mostly, the source of finding brokers for the property by the client is through the internet.
 
You can also search online for the properties in the region which are for sale, for renting or for buying. You can also search the real estate property for your clients according to their requirement and mentioned budget.  You can provide them with different real estate property options. This particular profession is quite interesting but challenging. One can become expertise in this profession by experience only. For doing your work efficiently you should be aware of each and everything related to the real estate property around you. If you will have full knowledge about real estate property only then you will be able to provide your clients with the excellent quality of services. If your clients will be satisfied only then they will access your services again and also recommend other people to access your services to be provided.
 
Concluding at the end, a good real estate agent is one who has cleared the exam for real estate license which is approved by the authority and this is possible by fulfilling the eligibility criteria, taking courses, clearing the exam and submitting an application form for the license.