Become a Realtor

Become a Realtor

 

 

QUALITIES OF A SUCCESSFUL REALTOR®

The world of residential real estate has many different players, including appraisers, home inspectors, property managers, contractors, bankers, mortgage loan officers, and government agencies, as well as prospective buyers and sellers. But, the workhorses of the typical real estate transaction are the people that coordinate the process—the Real Estate Agents and Brokers.

A good real estate agent is similar in nature to a sports coach, coordinating the different players to make a successful transaction a reality. At different points in the process, the real estate agent is a salesperson, a buyer’s spokesperson, an investigator, a business manager, a consultant, a negotiator, and a marketer, just to name a few.

We have found there are a number of qualities and traits that successful real estate professionals share. Although there are many more, this is a good start.

If you feel you have these traits, take our personality profile. (Click Here)

  1. Must truly like people
  2. Must havecompassion
  3. Must have a HEALTHY ego
  4. Must be self motivated
  5. Must have patience
  6. Must have a thirst for knowledge
  7. Must be a good listener
  8. Must be team oriented
  9. Must be emotionally stable
  10. Must have physical stamina
  11. Must have a tolerant family
  12. Must be business minded

LICENSING REQUIREMENTS

The Kentucky Real Estate Commission (KREC), with offices in Louisville, is responsible for protecting the public interest regarding all real estate transactions.

The requirements for a real estate sales associates license in Kentucky include having a high school diploma or GED.

In order to take the examination, you must submit to a criminal background check. If you currently or have ever held a license in another state, a License Certification from that state must also be included. All applicants for the Kentucky real estate sale associate license must pass the real estate examinations. Once passed, the applicant must apply for the license within 60 days. Real estate sales associates are exempt from the continuing education requirements during the first calendar year in which they are licensed.

The Kentucky License Requirements for an Agent:

  • Minimum age – 18 years old.
  • 96 approved classroom hours
  • High school diploma or GED
  • No felony convictions at any time
  • No misdemeanors within the last 5 years
  • Pass State Exam

How hard is it to get your Real Estate license?

If you are thinking of getting your real estate license, you want to know how hard it is to get your license.  That is a difficult question to answer, because Kentucky and Indiana have different licensing laws and requirements.  However typical study materials and classes will help you be prepared and know what to expect when getting your real estate license in Kentucky or Indiana.

How long does it take to get your Real Estate license?

In Indiana you must take 90 hours of real estate education before you can take the Indiana real estate exam.  In Kentucky you must take 96 hours of real estate education before you can take the Kentucky real estate exam.

KENTUCKY REAL ESTATE COMMISSION




GETTING STARTED

Imagine working for yourself in a flexible career where you can set your own schedule with annual earning potential of $90,000 or more. There are so many reasons to start a career in real estate. But remember, nothing worth while comes easy, and a successful real estate career is no different. You’re an independent contractor and control your own book of business. You make the decisions. A good Broker will help guide you along the way, but ultimately the decisions are yours to make. With a good attitude and solid work ethic, there are virtually no limits for the growth of your real estate business. Here are some facts about Real Estate Agents.

Agents Come From All Types of Backgrounds and Careers.

  • 19% have some type of management or business experience
  • 15% have retail or sales experience
  • 9% have administrative experience
  • 7% have teaching experience
  • 6% have prior real estate experience
  • 4% have construction experience
  • 4% have healthcare experience
  • 4% are housewives
  • 3% come from the computer field

Becoming a Real Estate Agent is Similar to Starting a Small Business

Which is exactly what you are doing. But under the umbrella of a, hopefully, successful Broker. Even though you will work within a brokerage, you need a small startup fund for business expenses and to cover several months of personal expenses while you build your client base. 

Franchise Versus Independent 

With a franchise brokerage the owners pay franchise fees and in exchange recieve franchise benefits and structure. An independent brokerage is not required to pay franchise fees and has more freedom to structure their brokerages business design. 

A career in real estate is a unique opportunity, one that truly has NO boundaries for what you can achieve.

Be your own boss, set your own schedule, determine your income and enjoy financial independence. Becoming a real estate agent is similar to starting your own small business. You are an independent contractor that will partner with a brokerage to obtain the resources and tools you need to run your business. Being an independent contractor requires REALTORS® to wear a variety of different hats making this profession an exciting and energizing challenge.

If you have an interest and questions regarding our profession please contact us.
All About Homes Realty 270-422-4687

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Contact Information

All About Homes Realty
All About Homes Realty
2075 Bypass Rd, Ste 3A
Brandenburg KY 40108
270-422-4687
270-668-5328
Fax: 270-592-0002