When it comes to establishing a career in real estate, the primary step is acquiring a California real estate license. One of the most active regions in the United States for real estate is California, making it an ideal state for future professionals in the field. With a license, whether you intend to work full-time or part-time, a million avenues become available courses of action.
We’ll make sure that in this comprehensive guide, you understand how to get your real estate license in California, starting from the requirements, costs, and time anticipated to successfully completing the exam.
Why Obtain a California Real Estate License?
The opportunities available in California’s real estate market are boundless; from expensive homes to commercial real estate, rental properties, and even investment opportunities. A licensed realtor can work with either sellers, buyers, landlords, or tenants and legally assist them in dealing with properties. In addition, a license boosts their credibility, enabling them to access critical resources and tools such as the MLS, real estate documents, and broker networks.
California Real Estate License Need
Prior to applying for any positions, we advise you to familiarize yourself with the responsibilities that come with the position. For a California real estate license, the following requirements set by the California Department of Real Estate (DRE) has to be satisfied.
Legal Obligations and Educational Qualification
The individual should:
- Be above 18 years and a citizen or legal resident of the US.
- Earn three college-level courses:
- Principles of Real Estate
- Practice of Real Estate
- Elective (Real-Estate Finance or Property Management)
All the courses must be DRE approved and offered by accredited institutions.
Fingerprinting and Background Checks
Submitting your fingerprints is mandatory. Any history of felony or misdemeanor must be uncovered.
Pass State Exam
The state exam consists of the following:
- 70 percent or higher to qualify as a sales person
- 70 percent passing score on the California Real Estate multiple choices exam with 150 Questions.
Broker Sponsorship (Optional)
Should ideally receive even before taking the exam.
Steps to Get Real Estate License California.
This is a list of the steps that have to be completed in order to get a California Real Estate License approved:
Enroll in the Required Courses
Join any DRE approved real estate school and finish the 135 hours course work.
Choose Application Route
Complete either the Salesperson Examination Application (RE 400A) or the combination exam and license application (RE 435).
Schedule and Pass the Exam
Exam approval will let you book a time at a physical exam center or an online testing center.
Get Your Fingerprints
Obtain and submit the RE 237 form along with your Live Scan prints.
Align with a Sponsoring Broker
Get in contact with a California licensed broker to start your journey in real estate.
Receive Your License
As a California realtor, you will gain access to your official license after passing requisite exams and meeting outlined criteria.
Costs and Timelines
Your California real estate license expenditure sits between $500 and $1000, inclusive of courses, application, exam fees, and fingerprinting. Depending on study pace and exam scheduling, candidates usually take 3 to 6 months for completion.
Final Tips for Success
Remember to carefully select the right school as their supporting services influence student outcomes.
Focused studying, including the use of practice exams and study groups, will enhance retention.
Passively monitor DRE news for any procedural change and exam news.
Commence Your Real Estate Journey Now
Obtaining a real estate license in California comes with many advantages, including financial security and growth. Whichever the case, dedicating time to obtain a license will be beneficial in entering the industry. Getting a California real estate license now provides one of the great opportunities in the country, especially when resources are amply available at your disposal. Make sure to follow the instructions provided in this guide and don’t skip any essential prerequisites to fully enjoy the hard-earned pay by succeeding in the state’s most esteemed industry.
For step-by-step guidance on how to get your California real estate license, check out our in-depth guide on Obtaining a Real Estate License in California.