How Fast Can You Get Your Real Estate License in Oklahoma?
People still consider commercial real estate a highly valued field that remains at the top of the priority list. There is a constant demand for commercial realtors in today’s life. This guide will help you get your commercial real estate license.
But remember, every state has a few unique rules and regulations you must follow. The same goes for Oklahoma; you must follow specific rules to obtain a realtor license. However, we have discussed a few simple steps that you should take in detail in this article.
First, Consider If the Career Option Is Right for You
Commercial real estate is not a good career option for everybody because it is a competitive field. Remember that business owners and investors are different from house buyers in the residential sector.
You should know selling or buying property is a complicated job that requires more detailed nuance. There is a significant difference between property types, including warehouses, retail space and office buildings.
According to many reliable financial sites, commercial agents make an average of about $104,000 and residential real estate agents make $44,000 yearly. Nevertheless, the amount differ based on certifications, education and experience in the industry.
Complete your Real Estate Pre-Licensing Course
To get a realtor license in Oklahoma, you must pursue 90 hours of Pre-Licensing education in any real estate school. Various online commercial real estate courses provide study materials such as flashcards and practice tests. Mind it; all the advantages are based on your chosen packages and the education provider, so select the course carefully.
Real Estate License Exam
After completing the course, you must pass the real estate license exam to become a legal agent. The fee for the exam is $60 on every attempt. The exam paper consists of 120 questions, where 80 questions are from the National section and 40 from the State section.
You will get three hours to complete the entire exam. You must score a minimum of 60 in the national sector and 30 in the state section to pass the examination.
Go Through a Fingerprinting and Background Checking Process
After the examination, there will be a fingerprinting and background verification check. The Oklahoma Real Estate Commission checks the background of people who will get a realtor license in Oklahoma.
Apply for Real Estate License
Now, after completing all the procedures, you should apply for a real estate license; the fee for this application is $165. You must mail the application to the address below:
Oklahoma Real Estate Commission
Denver N. Davidson Building
1915 N. Stiles, Suite 200
Oklahoma City, Oklahoma 73105.
Now the experts verify your applications and all the surrounding factors and approve your application within ten business days. By now, you have learned how the whole process works. To turn your dream of becoming a real estate agent into reality, contact us today at Wright Real Estate School.