Real Estate Qualifications
Education
A high school diploma or the equivalent is the minimum educational qualification for real estate training programs, though, as the real estate market becomes more complex and competitive, some real estate firms are looking to hire agents with some college education. Certain colleges are now offering real estate courses or even certification, associates, or bachelors degree programs in real estate. Coursework in finance, business, economics, and law can all be useful in a real estate career. All states require real estate agents to be licensed. Licensing qualifications vary by state, but basically require the completion of a certain number of hours of real estate courses and passing an exam. Licenses must typically be renewed every two to four years. In order to renew their license, a real estate agent must complete a specified number of continuing education courses.
Abilities
Strong interpersonal skills are essential for success as a real estate agent. Clients must find you trustworthy and a pleasure to work with. You should have a head for numbers and be skilled at mediating negotiations between sellers and potential buyers. Real estate agents should be good at working independently. You will be in charge of your own schedule, so time-management, planning, and organizational skills will be important to your success.
Experience
Experience in business, finance, or law can be beneficial to anyone looking to become a real estate agent, but it is not a prerequisite. Much of your knowledge about the real estate business will be learned on-the-job as you work with clients. If you're looking to get a broker's license, most states require at least one to three years of experience as a real estate agent.
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