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Have you been thinking about getting a real estate license? Walking clients through homes would be much better than sitting at an office behind a computer all day. It would also give you a chance to meet new people and have a highly sociable job.
But is it worth it to become a real estate agent? How hard is the certification process? And how much money can you earn?
We’re here to answer your questions. Keep reading for the top reasons you should consider getting your real estate license if you’re looking for a new job.
Slowly Transition from Your Other Job
One of the best things about getting a real estate license is that you can jump in head-first or start by dipping your toes in the water. This is the ideal situation when transitioning from a different job. It is especially important when starting a career where your salary is commission-based.
Take your time to learn the ins and outs of the real estate game while holding onto your steady income. As you become more experienced and build up your client base, you can start to cut your hours at your old job or leave it entirely.
There are few other careers that would allow you to transition to a new job at your own speed.
Be Your Own Boss
Another advantage of getting a real estate license is that it allows you to become a business owner. You would essentially be your own boss.
Technically, you can choose to work for a mortgage broker, but you would still be working for yourself. Selling under a broker would help you find clients and grant you access to more resources. However, you’ll pay for this by forfeiting a percent of your earnings.
Regardless, it won’t be like working at your old job. You won’t have managers micromanaging your work or looking over your shoulder all the time.
Freedom and Flexibility
Getting your real estate license will provide you with the freedom and flexibility most other jobs fail to offer. You can choose your own schedule. You get to decide how much you want to work in any given week.
Obviously, this requires some discipline. If you aren’t working, you aren’t earning any money.
A career as a real estate agent is fantastic for parents who want to split their time between their job and their children. Being a real estate agent can help you save on daycare costs and allow you the freedom to go to school plays and choir concerts.
Additionally, if you’re someone who likes to travel, you won’t find yourself putting in for time off once a year. Most jobs only grant their employees two weeks of paid vacation. If you have an adventurous spirit, this is hardly enough time to get out and explore new places.
As noted earlier, getting your real estate license means choosing your work schedule. If you’re not self-motivated, this can be detrimental to your financial security.
However, if you have a good work ethic and don’t mind putting in the work, there’s almost no cap on your commission. The more time you put in, the more houses you sell, and the more money you earn.
National statistics show that the average real estate agent earns $50,000 a year. However, real estate agent earnings vary greatly based on your location and how much time you’re putting into the job. There’s a large portion of agents who earn more than $100,000 a year.
Real Estate Classes and Licensing Are Affordable
You’re probably wondering how much it costs to get certified as a real estate agent. This is a fair question. After all, funds might be tight, and paying thousands of dollars to get started with a career in real estate might not be an option.
Fortunately, real estate classes, testing, and licensing are more than affordable. While your total costs depend on the state in which you are getting your license, you can expect to pay anywhere from $500 to just over $1000.
Getting a Real Estate License Doesn’t Take Very Long
Okay, but how hard is it to get certified and how long does it take? Another fantastic question.
Getting a real estate license typically requires 60-90 hours of class time. For most people, this is a three to six-month process, depending on their circumstances.
If you work a full-time job and have a family to take care of, it might take a little longer. Fortunately, there are online courses that allow you to work at your own pace. Check out Real Estate Express to earn your real estate license online in a comfortable and flexible environment.
Another perk of getting your real estate license is that allows you to work in a career that’s full of social interaction. This is great in today’s age where technology and social media have taken over a large portion of how we connect with one another. Being a real estate agent means networking with people face-to-face.
However, this extends past your clients. As a real estate agent, you’ll also work with other professionals and small business owners in the community. You can form important personal and business relationships and connections.
Help Improve Peoples’ Lives
Finally, becoming a real estate agent allows you to have a positive impact on people’s lives. You can help families find their dream homes. You can work directly with people to guide them through potential houses to find exactly the right fit.
There’s nothing more comforting, personal, or secure than our own homes. Finding a home is a big step in someone’s life, and you get to be part of it.
Thinking About Getting Your Real Estate License?
If you’re thinking about getting a real estate license, we think it’s a fantastic idea. While there can be some downsides to this career, the pros certainly outweigh the cons. And remember, you’ll get out of it what you put into it.
And if you’re looking for any more professional or educational advice, be sure to read through some of our other articles while you’re here. Our blog was designed to help people like you progress in their careers and make their lives better.