You may be wondering, “What is the quickest way to become a real estate broker?” There are a number of ways to get your license, but most states require a minimum number of hours of instruction. This means that you can take prelicense courses online, at a local college, or through a real estate brokerage. There are even prelicense classes offered by Better Homes and Gardens Real Estate, Cold Banker, and Re/Max, which give agents discounted classes.
The easiest way to become a real estate broker is to have a passion for real estate and the people who live in the neighborhood. While it can be tempting to stick with an agency with an established name, it’s important to be willing to branch out and learn as much as possible. Many real estate brokers specialize in different aspects of the industry, so it’s a good idea to talk to a few in your area before choosing a brokerage.
Once you have an office, you’ll need to hire an assistant or managing broker. They will oversee all of the agents working in the office and ensure that they are operating legally. They’ll also be in charge of resolving any disputes that might arise, if any. Some brokers hire several agents and will also supervise them as well. Brokers typically receive a percentage of commissions that agents earn, along with desk fees and advertising money from these agents. Most states require that agents have been licensed for a certain amount of time before becoming brokers.