Before delving into how to get your real estate broker’s license online, I want to cover what the differences are between real estate agents or salespeople, and real estate brokers. While some states consider all real estate professionals real estate brokers, for most there is a stark difference.
First and foremost, the main difference is that a real estate broker can work independently, they can hire real estate agents, and they can open their own businesses to conduct real estate transactions in their home state. One big benefit to becoming a real estate broker is the freedom to open your own business or work with an agency as you see fit, while a real estate salesperson will often have to work under a broker.
Because real estate brokers are granted more freedom of career than real estate agents, they also typically require more education. While this isn’t the case in all states, there are separate education requirements after obtaining a real estate license in many states in order to take your career from real estate agent to that of a broker. Obtaining your real estate brokers license after this education, however, often comes with a pretty great payoff.
The median salary for real estate agents in the United States is right around $40,000, where the average salary for real estate brokers is around $65,000.
Why Get Your Brokers License Online?
There are several reasons why one would want to obtain their real estate brokers license online rather than through in-person classes. Typically, prospective brokers are working full-time as real estate agents before pursuing their real estate brokers license, and this means working with limited time. Rather than juggling an already tight schedule with making it to in-person courses, a person can work on their education requirements on their own time and still balance their work and family life on top of it.
Some states allow budding real estate brokers to go straight to their brokers license, and in these states online programs still have their advantage. A person will be able to continue their full-time job or taking care of their families while making great progress on their education.
Best Online Real Estate Schools For 2021
Meeting Your Requirements
Each state observes their own requirements when it comes to obtaining your real estate brokers license, and you should always check to make sure you’re able to meet your state’s requirements before persuing your real estate brokers license. In some states, one must obtain a real estate salesperson license, work under a current broker, and obtain a certain amount of work experience. In other states, one may have to undergo additional education right after obtaining their real estate salesperson license. And in a few, one may be able to pursue their real estate brokers license right from the start.
Obtaining your real estate brokers license will also have additional requirements like age, education, and background check approvals. In most states, one must be 18 years of age or older with a high school diploma or GED before pursuing a real estate brokers or salesperson’s license, but some do require a prospective real estate broker to be 21 or older.
In most states, one must also pass a background check, and these are viewed differently state by state. Typically, previous convictions will be reviewed individually to determine if a person has passed their background check and may carry on with their licensure application.
Pick Your Program
After making sure you’ve met all requirements to obtain your real estate broker’s license online, you’ll then get started with picking your program. There are several different online real estate license programs to choose from, and it’s always best to choose the one that best suits your lifestyle and provides an accredited experience. Online programs like those at Mbition and Real Estate Express help to guide you through the entire licensure process as well as continued education and exam prep.
The additional help provided by Real Estate Express and Career Web School can really make a big difference in your experience. For example, with exam prep and the massive benefits this brings to your exam experience. When taking your real estate brokers exam before obtaining your licensure, you will typically have a limited time in which to pass this exam, and each attempt comes along with an exam fee that must be paid each time the exam is taken. Using the exam prep resources found at Mbition and Real Estate Express, you are left feeling confident and prepared when you sit for your exam, giving you your best chance at passing on your first attempt.
Continuing education courses are also a great benefit. After completing the course the first time, you’ll be familiar and comfortable with a particular program, its navigation, and its user friendliness. Using the same program for your continuing education will allow you to slip right back in to that same routine, with no extra time needed to make up for any sort of learning curve. You know what to expect and all of your focus will be solely on the courses at hand.
Why Get My Real Estate Brokers License?
There are a few reasons why one should look into getting their real estate brokers license, and these include:
- Furthering your real estate career – Getting your real estate brokers license allows you to further your real estate career, and take it to new heights you may have never thought possible.
- Take advantage of the housing marketing upswing – We’re way on the other side of the housing market recovery, and there is no better time to embark on a career in real estate.
- Give yourself a career filled with opportunity – As a real estate broker, you’re giving yourself a career with limitless opportunity and possibility. How you conduct your business, your schedule, your hours, your earning potential – they’re all in your hands. For those who may be tired of working on someone else’s schedule, you’re given an open door you can do anything with.