How To Get Your Real Estate License With VanEd?
Updated: Nov 15, 2023
We all know that when buying properties and lands, the first person that comes to mind is a real estate agent. Real estate refers to real property, including land, apartment, buildings, houses, and similar things. One does not need to attend a real estate school to understand the real estate industry, however, if you are interested in pursuing a real estate career, the possibilities are endless through local colleges, universities, online courses, or online real estate classes.
Different categories of real estate include industrial, commercial, raw land, residential, and others. When it comes to real estate, not everyone can become a real estate agent.
If you decide to become a real estate agent and want to pursue it as a career, you must get a proper license. If you are an inspiring real estate agent, continue reading and find out how to get a real estate license and take pre-licensing courses to prepare for a career in real estate.
Now you might be thinking about how you can get a real estate license. Then look no further.
In this article, we have mentioned a detailed guide through which you can learn how to get a real estate license with VanEd.
So let's see how to get your real estate license with VanEd.
What is a Real Estate License?
The first thing you must understand regarding real estate is the license and why you need it. If a real estate agent has a license, they are legally permitted to sell and rent a real estate property.
On average, a real estate agent can earn about %80k per year. Once the real estate agent gets their license, they can increase their yearly income. Therefore, having a license is very important, and learning how to get it is also crucial.
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VanEd – The Best Assistance for Real Estate:
The process of getting your license can be very tiring and challenging. There are so many things that you need to tackle to get a real estate license. But what if there is a place that will provide you with complete assistance and will help you prep for the exam?
VanEd is the best real estate school to help you get a top-notch education. Also, they will prepare you for the exam so that you can ace it and become your state's best real estate agent. They offer online courses where you can learn the courses at your own pace.
The dedicated team offers clients the best and most professional experience. Hence, this is the best place who help you prepare for the real estate license test and provide you with all the essential information in the simplest yet professional manner. If you are looking for an excellent place to assist you in your real estate license journey, then VanEd is the best place.
How to Get Your Real Estate License through VanEd?
Applying for a real estate license is more challenging than it sounds. When it comes to getting the permit and learning about the requirements of a real estate license, it can vary from state to state.
Now no need to worry because VanEd can help you with the education and examination for the license. Following are some of the things that you need to know and the requirements for getting a real estate license.
1. Research Requirements of Your State:
First, you need to know that pre-licensing courses and license applications can differ in every state. Therefore, you must find the requirements in your state's real estate department. Some of the rules that are common in every estate are as follows.
College-level education is needed for the applicant. College education should be about the basics of real estate, such as deeds, titles, ownership, and contracts.
· Permanent residency is needed for the license application.
· The minimum age of applicants is 18 years.
· Criminal background check is also done.
Suppose you want real estate license reciprocity which is a real estate license when you are moving states. In such cases, you can skip a few steps since you have the pre-licensing requirements. VanEd is the platform that will give you detailed information about your state's requirements.
2. Completing the Educational Requirements:
Your educational requirements are the next important thing you must complete before getting your real estate license. Education in real estate can be time-consuming and money-consuming. Therefore, you must have both resources to become a real estate agent.
VanEd provides both physical and online courses that you can enroll in. The courses depend on the credit hours. For every country, the credit hours vary for the real estate license. When you have completed your credit hours, you can get your transcript and the certificate from VanEd.
3. Applying for the Exam:
Once you have completed your credit hours and you have retained all the information, it is time for you to take the exam. In this step, you need to provide the payment for the application fee and the registration fee.
In some states, you don't need to complete the credit hours; you can take the exam if you are confident about your preparation. This allows the participant to save time and complete the credit hours while waiting for the results.
Here VanEd will help you by providing all the necessary information and resources. Through VanEd, you will get the latest and the most authentic details making your process much smoother and easier.
4. Passing the Licensing Exam:
The next thing you need to do is pass the exam. This might sound easy, but it is not. The license exam can be challenging if you don't prepare properly. The real estate license test has about 100 multiple-choice questions. These questions will cover all the national and state-level laws and regulations.
This test can take between 1.5 hours to 3.5 hours, depending on the preparation of the participants.
You need at least 70% of the score in this exam. If you secure a 70% or higher score, then you can be eligible to apply for the licensing exam. Here you also need to attach the certification for completing the credit hours of the courses. VanEd will also provide all the information to help you schedule your test with the state's provider.
5. Applying for the Real Estate License:
You can successfully apply for a real estate license after passing the exam with good grades. You must submit your test results, the license application, and the application fees.
The fee can cost you around $50 to $250. This can change according to the state you live in.
Next, the background check will be done, costing you around $40 to $100. The background check is done to ensure there are no criminal records of the participants.
You should also apply for Errors and Omissions (E & O) insurance that protects real estate agents from losses and protects them from lawsuits. You also need to be authorized to work in the US to become a real estate agent and apply for the license.
When you submit the application, it can take one or two months to process everything, and only you will get the license.
Process after Getting a License:
With all the steps mentioned above, you get the license for a real estate agent, but the process continues. After you get the permit, you cannot sell the houses immediately.
A few other things come in between all of this through which you can become a successful real estate agent.
1. Finding a Real Estate Brokerage:
When you start the real estate business after getting your license, you need the assistance of an estate broker. You need two to three years of experience with the broker to start your own business.
2. Joining the National Association of Realtors:
After getting the license and two to three years of experience, joining the National Association of Realtors is best. This ensures your position and allows the people to trust you. Even if you are not part of the National Association of Realtors, you can work as a real estate agent; however, the earning potential will be limited, and you won't be as authentic as other agents.
3. Renew your License Regularly:
Renewing the license regularly is also very important when you become a real estate agent. We know that getting a new license is a lot of work; therefore, ensure you are renewing it after every two to four years. Make sure to check your state's requirements and when the license expires.
When renewing the agents, you must also have some course hours. These hours are usually between 8 to 90 hours. All of this is available in your state's real estate agent requirements. So ensure you learn everything about it before applying for the new license.
All of these are steps you need to follow to get your real estate license and start a legal business.
Now Let's explore a few frequently asked questions!
How fast can you get your real estate license in Virginia?
Your Virginia property permit can take up to three to four months. Typically you'll complete 66-hour pre-license training. Once a student has completed his course, you must prepare for a written license exam.
What is the hardest state to get your real estate license?
Of all states, Texas has a record-high number of properties requiring licenses. The State requires education and tests that have to be passed to get a real property permit.
How difficult is it to get a real estate license in Virginia?
Approximately 70% of Virginia residents pass a home-buying test compared to 40% in some states. The exam is accessed by computer and lasts 145 minutes, 95 minutes for the National portion, and 45 minutes for the State portion.
Conclusion:
The demand for real estate agents has increased a lot. They help people find the best houses, properties, and buildings. Being a real estate agent is a safe career as you can earn a decent income. However, becoming a real estate agent can be very challenging.
This article will help you understand how to get a license as a real estate agent and how you can become successful in this field. VanEd is where you get information about how to get a real estate license for different states and the requirements you need to fulfill. Hence, this is the best place to help you get your real estate license smoothly.
VanEd helps with various course options, exam prep courses, and money-back options, VanEd offers various course formats and gives you the option to work at your own pace.
By Edith Lagunas.
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Disclosure: I may receive affiliate compensation for some of the links below at no cost if you decide to purchase a paid plan. This is for entertainment only and is not intending to provide financial advice.
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