Tuesday, 6 December 2011

States Manage Real Estate Licenses in US

By Walton Hong


Within the United States in the event you wish to turn out to be either a actual estate agent or perhaps a broker you have to get a actual estate license from the state you strategy to work in. Each of the 50 states might have different laws and regulations regarding the issuing of a real estate license. Then as soon as a actual estate license has been attained, the agent or broker must abide by the laws and regulations of that state concerning the sale of property. All 50 states require that a prospect take approximately 60 hours of coursework before sitting for the actual estate license exam. This exam would be to attain an agent's license not a broker's license.

In this post we will take a look at some of the requirements of various states for attaining a actual estate license and in specific a broker's license. We will also look at a few of the guidelines and regulations governing the actions of an agent or broker that vary from state to state. In all 50 states the candidates for a actual estate license should be sure they are taking accredited actual estate courses. Exactly where a prospective agent chooses to take courses is really a extremely essential choice. They have to be certain the courses they're taking will probably be recognized in the state exactly where they hope to obtain their real estate license. Now let's take a look at a few of the state's requirements.

Within the state of Georgia the process for attaining a broker's actual estate license is really a multi-part procedure. Here is the procedure for attaining a broker's actual estate license you must pass a Georgia certified criminal background check. Any candidate for either a broker or agent actual estate license must obtain this report. The state might deny the real estate license to anyone with prior criminal convictions or sanctions from any occupational oversight body.

Other specifications include the applicant should be 21 years of age or older to attain a broker's actual estate license and have a high school diploma or GED. Then the prospect should complete the 60 hour Pre-Broker Real Estate License courses from a school approved by the state of Georgia or 15 hours of college coursework towards a real estate major or certify completion of the 60 hours pre real estate license coursework from a reciprocating state or Canada. Candidates for a broker's real estate license should have been licensed as an agent for 3 or the past five years. Prospects should pass the state exam for a broker's actual estate license and spend the suitable real estate license fee.

To be able to attain a broker's actual estate license in Texas you have to have a minimum of 2 years of active experience with an agent's actual estate license in Texas or have a broker's real estate license from another state for at least two years. Then the candidate must complete 270 classroom hours of real estate courses including 30 hours towards the broker's real estate license. There are 630 extra classroom hours you must have which are acceptable to the Texas Real Estate Commission or a bachelor's degree or higher. Then you spend the broker's actual estate license fee, provide fingerprints, pass the broker's real estate license exam and have not defaulted on student loans. So you are able to see from just these two examples that requirements for a broker's actual estate license can vary significantly from state to state.




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