If you are looking at a career change, becoming a California real estate broker may be the perfect career for you. There are many rewarding aspects to this type of career. One of the main reasons that many people count on real estate as a great career choice is because there is always a demand for agents in California and throughout the country.
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Becoming a California real estate broker is a process that takes some time and effort. Here is how you can complete the steps required to become licensed in this state:
- Pass the California Real Estate Salesperson Exam
The first step to becoming a real estate broker in California is to pass the state’s licensing exam for sales agents. The exam is administered by the California Bureau of Real Estate, and it covers material related to real estate transactions, contracts, law, finance and more. To pass, applicants must achieve an average score of 70% or higher on all parts of the test.
- Complete an Apprenticeship Program
After passing the exam, you’ll need to complete a period of apprenticeship training before applying for your broker license. This training program requires at least 52 hours of classroom education as well as 2,000 hours of supervised work experience under a licensed broker or salesperson during which you must maintain good standing with your employer and document any sales activities on behalf of your employer (if applicable). You may also be required to complete continuing education courses on topics such as legal issues related to buying or selling property in California; common law principles; contract principles; marketing strategies; financing options available when buying or selling property;
How to become a california real estate broker
Understand the job. Being a real estate broker in California is a serious responsibility.
Being a real estate broker in California is a serious responsibility. Brokers are responsible for the sale and lease of both commercial and residential real estate. They run their own real estate office or work for a broker. To become a licensed broker, you must complete 8 hours of sales training or pass the state’s examination.
You should understand what your duties will be as a broker before attempting to fulfill them. You’ll need to manage and train real estate agents; give advice on real estate matters to clients; advertise properties; show homes listed by other brokers; market listings online, through social media channels like Facebook or Twitter; negotiate contracts with clients; assist buyers with mortgage financing options such as loans from banks or credit unions (do not use terms like “Mortgage Loan” as this term is trademarked).
Meet the basic requirements.
In order to apply, you must meet the following requirements:
- Be at least 18 years old.
- Be a high school graduate or have a GED.
- Complete a background check and provide proof of legal residency in the U.S., if applicable, by submitting the following documents: A valid driver’s license or state identification card; two forms of proof of California residence (e.g., utility bills, lease agreement, etc.).
Gain experience as a real estate agent during three years of pre-licensure education.
- Completion of a real estate pre-licensure education program is required before taking the state’s examination.
- You may be eligible for the California Real Estate Salesperson’s license if you have completed at least three years of pre-licensure education and passed all parts of the state exam.
- The California Real Estate Broker Exam consists of three parts: salesperson; broker; and general, which is taken after passing both salesperson and broker exams.
Choose and complete a real estate broker program. A broker program is required to become licensed in California, and you must complete a minimum of 135 hours of instruction.
To become a broker in California, you must complete a minimum of 135 hours of broker training. The program you choose must include the following:
- Mandatory coursework and exams covering the following subjects:
- California real estate law and regulations
- Real estate appraisal principles and techniques
- Contracts, leases, deeds and other documents related to real estate transactions
- An optional course on ethics or fair housing laws
Take the two-part examination for real estate brokers. You will be tested on your general knowledge of real estate law, practice and principles, and then you’ll take a separate test on real estate transaction documents.
You must also pass a two-part examination for real estate brokers. The first part is a test of your general knowledge of real estate law, practice and principles. You’ll take the second part of the test separately on one or more transaction documents. There are three years to complete both parts; however, if you don’t pass one part within that time frame, you can’t take it again until after three years have passed from the date of your last attempt at that exam. You need to pay a fee each time you attempt either component.
Earn continuing education credits. Once you complete your broker license training, you must complete 45 hours of continuing education credit within four years.
- Earn continuing education credits. Once you complete your broker license training, you must complete 45 hours of continuing education credit within four years.
- Consider taking classes online or through university partners to meet this requirement.
- Online courses are available from accredited providers on the California Department of Real Estate website. The department also has a list of approved universities and colleges where you can earn credit toward your CE requirements.
It’s important to note that these credits do not have to be earned annually; they must simply be completed within four years after passing the broker exam and receiving your license, as part of an overall 45-hour CE requirement for all licensees who wish to retain their credentials in good standing with DRE.*
Becoming a California real estate broker requires taking several steps to achieve licensure.
Becoming a California real estate broker requires taking several steps to achieve licensure. Aspiring brokers must first complete their education, take the exam and earn credits toward their license. The final step to becoming a broker is to apply for certification with the state and pass another test.
When you are ready to start your journey as a real estate agent, it is important that you understand all of the requirements necessary in order for you to become licensed and certified by the State of California.
