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Summary BUSN 121 assignment 1.docx BUSN121 Path to Licensure and Selecting a Brokage: Research Paper BUSN121 American Public University System Abstract When choosing a career in real estate it is essential to know exactly what you want and further re$7.49
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Summary BUSN 121 assignment 1.docx BUSN121 Path to Licensure and Selecting a Brokage: Research Paper BUSN121 American Public University System Abstract When choosing a career in real estate it is essential to know exactly what you want and further re
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Ashford University
BUSN 121 assignment BUSN121 Path to Licensure and Selecting a Brokage: Research Paper BUSN121 American Public University System Abstract When choosing a career in real estate it is essential to know exactly what you want and further research that area. The first step would be making ...
busn 121 assignment 1docx busn121 path to licensure and selecting a brokage research paper busn121 american public university system abstract when choosing a career in real estate it is
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BUSN121
Path to Licensure and Selecting a Brokage: Research Paper
BUSN121
American Public University System
Abstract
When choosing a career in real estate it is essential to know exactly what you want and
further research that area. The first step would be making an informed decision about going
forward with the process. Unlike what the social media platforms tells us, being a real estate
agent requires more than a leap of faith. A successful real estate career is not built overnight but
with consistency, hard work, and lots of patience. It is important to understand real state is a
risky business are it is rewarding.
Even though it is not a requirement understanding the different types of real states, it helps to
be successful in the field. The different real estate areas included real estate agents, brokers,
appraisal, and compliance specialist. A person like me might prefer to focus on residential
properties because finding the right home for my clients would increase my job satisfaction.
Last but not least, an individual must research real state licensure requirements based on the
state she/he plan to work in. Individuals and/or entities who would like to make a career out of
real estate must obtain licensure. The requirements and the process of obtaining real estate
licensure defers in most states. The path of becoming licensed in real estate differs state to
state.
, Most state real estate licensure process is not complicated. As a Virginia resident I will explain
the requirements to obtain real estate licensure in this paper.
The two common real estate areas I am going to discuss are real estate broker and real
estate agents. Virginia real estate commission clearly explains about the process of getting real
estate license in Northern Virginia. The process of gaining real estate broker license starts from
completing application. According to an Agency of the Commonwealth Virginia, the real estate
board ensures and approves the individual completes all the required courses. The fist
requirement to become real estate broker in the state of Virginia is 180 credit hour class
completion.( an Agency of the Commonwealth Virginia, 2021). These 180 clock hour
education must be real estate board approved.
In order to be considered a broker applicant must also pass the state and national exam.
According to pre Agent the real estate broker exam usually takes up to an hour and 40
minutes. (Pre Agent, 2021). The state question are 50 in total and one must answer at least 35
to pass the exam. On the other side the national portions
consists of 80 question that should be completed. An individual taking the test must answer 60
questions correct to pass the exam. In addition, the state portion allows 55 minutes while the
national portion must be completed within 105 minutes. According to the current information I
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