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The requirements to become a North Carolina real estate agent

Posted by Park Place Realty Network on March 11, 2019 at 4:45 PM

Changing a line of work is something people have to do a few times in their lifetime. However, there are some of us who are faced with an opportunity that requires further investment. That investment can come on the form of money, energy, time or all of them at once. In to save as much of them as possible, it is important to know what you need to do in order to reach your goals. In the case that you feel like you can leave your mark in the real estate industry, you need to start from somewhere. Depending on your preferences, you may start by investing money in building new housing units. Alternatively, you may decide to become a North Carolina real estate agent. Knowing what requirements you need to meet in order to become one is the most important thing to find out.


We are not going to bother you with the state of the housing market. Also, we are not going to get involved with the banking aspect of the real estate business. We are here to help you find out what you need to do in order to become a North Carolina real estate agent. Therefore, let's cut to the chase before moving to NC for a job, and get down to business.


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Basic requirements that you need to meet

The main, basic, requirements to become a North Carolina real estate agent include:

• You need to be 18 years old at least.

• While you do not have to be a resident of North Carolina, you must be eligible to work in the USA. Therefore, you need to be a US citizen, a non-citizen national or a qualified alien under federal law.

• You need to have completed the prelicensing course in a live classroom.

• Pass the NC licensing exam with a score of over 75%.

• Upon receiving your license, you will be required to complete 90 hours of post-licensing education. This part is state-mandated, so make sure to take it into account.


If you are interested to find out more about the licensing process, you should check North Carolina Real Estate Commission's website. This is the government agency that organizes the licensing process. Also, their website is the most reliable source of information on the requirements to become a North Carolina real estate agent. If you are serious about going into this business, you should monitor their webpage. Given the fact that the requirements may change, you will want to make sure that you are up to date at all times.


The prelicensing course

The choice of the institution which you are going to complete the prelicensing course in can be instrumental in your success or failure in this business. Therefore, it is important to choose the right school for yourself. When making your selection, you need to pay attention to the school's credibility and curriculum. Try looking up the online reviews that previous students might have left. Furthermore, find out the names of the professors that give the lectures. You will want to attend classes with the professors that are the most knowledgeable in the field.


The prelicensing course will teach you various subjects related to the real estate industry. Some of them are:

• The real estate business in general

• License law and qualification for obtaining a license

• Commission rules

• Activities and procedures of real estate brokerage

• Ownership restrictions

• Residential mortgages

• Types of mortgages and sources of financing

• The real estate market and analysis


Taking the licensing test to become a real estate agent in North Carolina

Passing the North Carolina licensing exam can be pretty difficult. However, you will have enough time on your hands to complete the course and take the test. As a matter of fact, from the enrolment day, you will have three years to get the course done and receive the passing grade. So, even though obtaining knowledge in order to become a real estate agent in North Carolina can be somewhat tricky, making good choices will ensure that you do it easily. Therefore, choose the best school for you in order to get into the business quickly and successfully.

Choose the school that is going to provide you with the best education in order to be successful in the real estate business[/caption]

Alt tag: You need to enroll in a quality school in order to become a real estate agent in North Carolina

In the case that you do well on your test and score a high mark, Park Place Realty Network could turn out to be your first employer in this industry.


Other characteristics that you should bear in mind

Now that we have helped you find out what you need to do in terms of formal education in order to become a real estate agent in North Carolina, let's take a look at other requirements that you should meet in order to succeed in this field. These aspects have more to do with your personality and less with formal education.


Is a career in sales really for you?

The first and most important question that you need to ask yourself when making a decision such as this one is whether you can really imagine yourself in this business, helping families choose homes in North Carolina. Making a living in sales is often very stressful. Obviously, the real estate business is the high-risk-high-reward type of industry. However, the inability to sell can take its toll on your health or on your family as well. Therefore, before you embark on this journey, think about whether it is really the one for you or not.


Can you manage yourself?

Being your own boss seems like a dream come true. However, it may not be so in the case that you are one of the people who are more into lounging than hustling. Working for a company means that, even if you take a moment to recharge, you will still get your paycheck in due time. When you are working for yourself, you need to hustle every day all the time. Otherwise, business opportunities are going to slip away. Therefore, be sincere with yourself and make an honest decision about what you should do.


Conclusion

The real estate industry offers great opportunities to make a career for yourself. However, it is important to make an honest decision on whether this is the industry for you. Once you have decided to commit to it, enroll the necessary school in order to become a North Carolina real estate agent. Afterward, it is all up to you.

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