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Posted by steele in minnesota on June 16, 2005 at 11:11:44:
In Reply to: Re: foreclosre properties posted by njdave on June 16, 2005 at 08:49:14:
: What are the qualifications for licensure?
: a two minute search revealed:
: Salespersons must complete 60 hours in the principles of real estate and pass the State and National portions of the salesperson examination. Brokers must
: complete 180 hours of education, pass the State and National Portions of the broker examination, and submit verification of experience (actively engaged as a salesperson for 36 out of the 48 months preceding application for licensure).
: What are the broker education requirements?
: A total of 180 classroom hours of Board approved courses are required. Courses deemed substantially equivalent to those courses approved by the Board may also be accepted. Proof of passing the course and a monitored final examination are required for course approval. You must complete at least three courses from the below-listed broker specific courses. One of the three must be a 45 classroom hour real estate brokerage course.
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Excellent job as always. Just want to add that in many areas of the country the term "broker" is misunderstood. People will use it interchangably with real estate licensee (another misused word is "Realtor" which can not be used when meaning real estate agent unless that person belongs to this National Trade Association).
If you have have not been licensed in your state for several years you will not be able to be a broker. You will need to start out at the sales associate level working under a broker.
Another source of information is to contact the real estate education providers in your area. They can give you step-by-step instruction. Also you can contact almost any real estate company. As most are constantly recruiting sales people, they have all the information as well.
But you are going to be on their call list after that:>)
Steele
