From Novice to Realtor: Navigating the Real Estate World
Your Route to Knowing How To Become a Realtor
Here’s a simplified roadmap to help you straightforwardly understand the process.
- Step 1: The Crucial Pre-Licensing Course- The first step toward easy ways to become a realtor is completing a 90-hour pre-licensing course. Approved by the OREC, this course offers a deep dive into real estate law, contracts and Oklahoma-specific regulations. Passing this course is essential for moving on to the next step.
- Step 2: Conquer the Oklahoma Real Estate Exam- Once you’ve armed yourself with the right education, it’s time for the main event-the Oklahoma real estate license exam. The test is difficult, with a 60–70% passing rate. Prepare thoroughly and use study guides and practice tests to stand a better chance of acing it.
- Step 3: Undergo Fingerprinting and a Background Check- A clean record is crucial in a profession that relies on integrity and trustworthiness. After passing the exam, you must undergo fingerprinting and a background check. These steps ensure you’re fit to practice as a realtor in Oklahoma.
- Step 4: Officially Apply for Your Real Estate License- The next part of your journey to become a realtoris to apply for licensure. This process includes proof of identity, education and successful exam completion. Plus, you’ll need to pay the required fees at this stage.
- Step 5: Await Application Review and Approval- After submitting your application, you’ll need to wait for the OREC to review it. Once approved, you’ll receive your license, marking the end of your quest for ways to become a Realtor.
Oklahoma Real Estate License FAQs
Financial planning is crucial when figuring out how to become a Realtor. Expect to shell out between $600 and $800 for the pre-licensing course, exam fees and application charges.
The duration can vary depending on how quickly you complete your pre-licensing course and pass the exam. Typically, becoming a fully licensed realtor in Oklahoma can take 3–6 months.
If commercial real estate interests you, the path is quite similar. However, you may opt for a specialized pre-licensing course that focuses on the commercial side of the industry.
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Originally published at https://www.wrightrealestateschool.com on November 1, 2023.