How to Become a Realtor in Oklahoma: A Complete Guide
The real estate industry can be a lucrative and rewarding career path for those interested in helping people find their dream homes or investment properties. However, becoming a good agent requires a lot of effort and dedication. If you're considering a career in real estate in Oklahoma, you may wonder how to become a realtor. While the process may seem daunting initially, you can become a licensed real estate agent in no time with the proper education and preparation. In this blog, we'll discuss the prerequisites for becoming a real estate agent, the steps to becoming licensed, and answer frequently asked questions to help you navigate the process.
Is Real Estate Right for You? Prerequisites for Becoming a Realtor
Before diving into the steps to becoming a real estate agent in Oklahoma, knowing the prerequisites is essential.
Firstly, you must be a legal citizen of the United States or a lawfully admitted alien.
Secondly, you must be 18 to apply for a real estate license.
Thirdly, you must possess a clean moral character record to become eligible to apply for a license.
Get Schooled: How to Complete Your Pre-Licensing Education
Now that you have met the prerequisites let's dive into how to become a realtor in Oklahoma.
Step 1: Get Schooled: From Rookie to Real Estate Pro
The first step in knowing how to become a real estate agent is completing pre-licensing education. You must complete 90 hours of real estate education from a state-approved education provider. You can take these courses online or in person at a local school or institution. The Wright Real Estate School offers pre-licensing courses that provide all the necessary knowledge and skills to pass the exam successfully.
Step 2: Pass the Stress Test: Tips for Acing Your Real Estate Licensing Exam
After doing your pre-licensing education, you must take and pass the Oklahoma real estate licensing exam. The exam is a 4-hour test with 140 multiple-choice questions. Preparing well for the exam is essential to reviewing the materials and taking practice tests. The Wright Real Estate School offers exam prep courses to help you pass the exam.
Step 3: Paperwork Pains: How to File Your Application
After passing the exam, the next step is completing and filing your license application. You must submit your application within 60 days of passing the exam. The Oklahoma Real Estate Commission will conduct a background check before issuing a license.
Step 4: Networking Ninja: Finding a Sponsor
Find a broker sponsor to work with to activate your license. The sponsor will guide you through the early stages of your career and help you develop the necessary skills to succeed in the industry. Many real estate brokers are looking for new agents to join their teams, so it's a good idea to start networking early on.
Step 5: Keep Learning: Navigating Post-Licensing Requirements with Ease
After finding a sponsor, you must complete post-licensing education. You must complete 45 hours of post-licensing education in your first year of licensure. The Wright Real Estate School offers post-licensing courses to help you fulfil this requirement.
Oklahom-yeah! Common Q's About Becoming a Realtor in This Great State
Now that we've gone over the steps, let's address some frequently asked questions about how to become a realtor.
Cha-Ching! What's the Take on Real Estate Agent Salaries in Oklahoma?
The income potential for a real estate agent in Oklahoma varies depending on the individual agent's performance. According to the Bureau of Labor Statistics, the median annual salary for real estate agents in Oklahoma was $42,690 in May 2020.
The Road to Realtor: How Many Miles and Months Does It Take?
The time it takes to become a licensed real estate agent in Oklahoma varies depending on the individual. However, it generally takes four to six months to complete pre-licensing education, pass the exam, and find a sponsor.
Money Talks: How Much Can You Earn as a Realtor in Oklahoma?
The cost to become a real estate agent in Oklahoma can vary depending on the education provider and exam fees. It's important to note that there may be additional costs, such as licensing fees and association fees.
Join the Elite: Enroll Now in Our Real Estate Courses!
If you want to know how to become a realtor, Wright Real Estate School is an excellent choice for pre-licensing and post-licensing education. With years of experience in real estate education, we offer quality courses that will provide you with the necessary knowledge and skills to succeed in the industry.