Starting a real estate business or a company requires dedication, hard work, and time. You need to take certain courses, training, and pass the exam to build a real estate company successfully. The process of starting a real estate business is different for different states. Normally, three steps are involved to start a real estate business of your own.
In the following context, we will take a look at the steps and real estate courses for a real estate company.
How to start a real estate business?
Here are the three steps to start a real estate business.
Become a real estate agent
Normally, it doesn’t require a specific degree to become a real estate agent. But you have to take certain classes whether online or offline to pass the licensing exam. The requirements of the exams and licensing procedures vary in different states. You need to research the licensing requirements of your state to appear in the exams to become a licensed real estate agent.
Become a real estate broker
The next step to your destination is to become a real estate broker. Before becoming a real estate broker, you need to work as a real estate agent for a specified period. California requires you to be an agent for two years and after that, you can apply to become a broker. In Texas, the fieldwork required is 4 years. If you live in a different state, requirements might differ.
In addition to that, you either need a bachelor’s degree in real estate or complete the TREC-approved courses. After meeting the state requirements, you are now in a position to apply to become a broker and then you can take the next step.
Start your real estate business
Now that you are a licensed real estate broker, you are in the right position to start a real estate business. Form your company and hire agents or brokers who are right for your company. Build a clientele and take your business to the next level. While you are doing that, you need to register your company with the IRS and your state’s tax office to deal with different matters related to tax.
Top platforms for real estate courses
Here are a few online courses that will help you prepare for your licensing exams as an agent or a broker to be able to start your real estate business in the end.
McKissock Continuing Education Real Estate
The countrywide availability of this course makes it the best choice for students from different states. No matter which state you are in, you can customize your coursework according to the requirements of your state. Starting from $15 to $35, this course is affordable too. The material is provided in text format and field videos are also provided for better insight into the profession. You can email your tutor, live chat with the support team and your fellows, and apply the knowledge gained directly to your real estate business.
Online real estate training from 360training
This course is ideal for new as well as experienced real estate agents and brokers to start a business. You can take the course or training at your own pace. The 24/7 access, up-to-date content, easy-to-understand course format, live chat anytime, and toll-free phone support makes it the best on market. The course is divided into 4 sections i.e. pre-licensing, exam prep, post-licensing, and continuing education. This course is rich in learning content with high-quality video lectures, practical exercises, and assignments.
Real estate express
If you are looking for top real estate courses, this course is for you. This self-paced real estate program is meant to be for people who are looking for guidance to grow their businesses. The coursework includes content in different formats. It aims at aspects such as client building, satisfying clients, finding new clients, win listing and closing deals, and more.
Kaplan real estate education
Kaplan is a premier real estate education provider. It has courses that can help you prepare for exams, continuing education courses, and business development. The instructors working at Kaplan are successful real estate agents, brokers, or businessmen in real estate. The self-paced courses provided by this platform are best because they are explained by real-life examples and exercises.