Obtaining a real estate license is surprisingly easy for those who are aware of what they are doing and how to do it. Getting a real estate license is relatively inexpensive and quick, and you do not require a high school diploma to complete the process. The first steps involve finding out state requirements, taking an examination, taking a prelicensing class, selecting a real estate brokerage, and finally selecting a real estate agency. Learn more by visiting 10 Property Search Tips – How To Find Your Dream Home?
The state of New York requires real estate agents to be registered with the Division of Real Estate Administration (DOA) before they can legally sell a property. Once licensed, agents can work in private practices, but they cannot work for the government or for any real estate company that deals with financial transactions on behalf of the government.
If you decide to become a real estate agent, there are many ways to reduce the costs associated with starting and operating a real estate agency. Some of these costs can be eliminated if you take a pre-licensing class, especially if you choose a good college to attend. Online courses have become popular lately for this very reason, as they allow you to take the pre-licensing class from your home, at your own pace, and on your own time. Taking such a course may also qualify you for a discounted fee when you file a complaint against an agent who violated New York law by practicing without a license, because you learned the information online.
Another way to lower the cost of becoming a real estate agency in New York is to hire people who will act as your assistants in various duties. These assistants do not have to be full-time workers, but their presence will help reduce costs. You might also consider hiring part-time employees who will work in your office and deal with correspondence duty, among other duties. Hiring associates is often the best choice, since associates are less likely to have any complaints about working conditions, since they usually work under contracts.