Homeward Bound: 3 Ways to Carve Out a Real Estate Agent Career

The average salary for a real estate agent in the United States is right around $100,000 a year. If you are looking for a pay increase, or want to try something fun and different, you should start your real estate agent career.

If you want to become a real estate agent, you have an exciting career path ahead of you. Real estate agent jobs can be found in almost any state or location. Being a real estate agent is a rewarding job.

If you think you are ready to give real estate a shot, check out these facts about real estate agent careers. These three methods of approaching your career path will help you develop a game plan.

Training for a Real Estate Agent Career

All in all, you can become a real estate agent in about 4 to 6 months. First, you must take your real estate pre-licensing course. Next, you need to take the exam for your real estate license. Once you get your license, you can start.

Some requirements vary by state so make sure to check into your state real estate laws for more information. After you have handled your initial pre-requisite requirements, you can decide how you want to approach your career.

1. Joining a Brokerage Firm

Joining a brokerage firm is one of your best bets to get a foot in the door for the real estate market. Brokerage firms are generally larger organizations employing multiple real estate agents and ancillary employees.

If you work for a brokerage firm, you need to be licensed by the National Association of Realtors and follow their strict standards and codes of conduct. You will start at the bottom and work your way to the top in a firm.

2. An Independent Real Estate Agent Career

If working for a large brokerage firm is not for you, working as an independent real estate agent may be. There are many independent firms to choose from, or if you are a go-getter, you can start your own.

About half of the real estate agents in the country work for independent, non-franchised companies. While these companies are still regulated and licensed, working for them gives you a bit more flexibility for standards and practices.

3. Become a Broker

If you like the field of real estate and you want to take your career to the next level, you may want to seek out additional training and become a real estate broker. Brokers buy and sell properties much like agents but are a bit different.

Unlike real estate agents, brokers can work independently and even on a contractual basis for other real estate firms. They can hire real estate agents under them as well.

Choose Your Career Path

If you were wondering what the best real estate agent career for you is, you can now examine all of your options. One of the easiest ways to go about it is to start in a brokerage firm and navigate your career from there.

Any way you slice the pie, being in the field of real estate is a lucrative endeavor. Decide how you want to start your career using the advice in this guide. For other great information, make sure to check out our blog.

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