Becoming a real estate agent is akin to launching a small business. In this role, you assume various responsibilities crucial for your business's success. While you will operate within a brokerage, you essentially become your own boss, with control over your achievements. As a real estate agent, your income potential is boundless, but it's essential to grasp that your results correlate with your effort. Just like any small business, you'll need a startup fund to cover initial business expenses and personal bills for several months as you establish your client base.
At Semonin, we strive to alleviate the stress associated with these initial stages by offering unlimited coaching, training, and mentorship opportunities. As you establish yourself and grow your real estate business, we remain committed to providing unwavering support throughout your career, ensuring you stay on course to achieve your loftiest goals.
Choosing the Right Brokerage Matters
Real Estate Career Road Map
1
Pick a Real Estate
School
Evaluate several schools and choose the one that fits your needs.
2
Get
Certified
Attend and successfully complete the required coursework, which covers real estate principles, practices, laws, and ethics. After completing the pre-licensing education, you must pass a state-administered licensing exam. This exam assesses your knowledge of real estate principles and regulations. Be prepared to pay an exam fee.
3
Choose a Brokerage & Join the local MLS Board
Research and interview with local real estate brokerages to find one that aligns with your career goals and values.
Joining a local MLS board can significantly enhance your real estate career by providing you with essential tools, resources, and networking opportunities to better serve your clients and succeed in the real estate market.
4
Launch Your
Real Estate Career
Once you obtain your license, you can start working as a real estate agent under your chosen brokerage. Your success will depend on your ability to build a client base, market properties, negotiate deals, and provide exceptional service.
Start-Up Investment
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Pre-Licensing Course
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State Real Estate Commission
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Exam fee, initial license fee, Errors & Omissions Insurance
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Local Association of REALTORS®
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Dues, Application Fee, Supra Key
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Brokerage Costs
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Legal Defense Fund, Start-up packages
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INDIANA
approx. start-up $
$2,900 to $3,100
KENTUCKY
approx. start-up $
$2,400 to $2,600