Becoming a realtor is one of the best careers in the U.S. Studies show that demand for real estate agents is on the rise. Compared to other jobs, realtors also earn more than average because of the commission-based pay.
Getting a Wisconsin realty license will set you on your path toward building a dynamic career. However, some work goes on in the background. If you plan to study and pivot to real estate, you are in the right place.
This article serves as your roadmap, breaking down the essential aspects of the course and offering helpful tips to ensure a successful journey.
First Things First
The core requirement is completing the 72-hour pre-licensing program. The course will take you through different topics including drafting appraisals, ethics, law, and agency relationships. You can study online, or if you prefer one-on-one interactions, attend physical classes.
Course completion times will vary depending on your options. Physical classes may take a shorter time compared to online self-paced programs. However, online classes like RealEstateU are more suitable if you want flexibility or have a tight daily routine with no time to attend live sit-in classes.
Choosing the Right Course
There is no perfect course for all. Taking your time and researching will help you find the best course that suits your style. Step one is ensuring that the school is approved by the state. You can visit the state’s department website for a list of approved schools.
Once that box is checked, the next step is reading reviews and student testimonials. Yelp and Google Reviews have organic testimonials that will help you gain more insight about the school. Your focus should be on program quality, student support, and instructor professionalism. Also, consider schools with high pass rates.
Compare costs before enrolling. Are you getting good value for your money? What is the curriculum like, and does it suit your learning style? Some schools offer payment plans for struggling students. This can be an option if you don’t have enough money to clear your fee all at once.
Exam and Post-Licensing
Develop a study schedule and stick to it. Use provided resources like practice exams and flashcards to prepare for the main test. Attending live discussions and scheduling one-on-one sessions with your tutor will also boost your chances of passing the exam the first time.
Next, you have to submit your documents for the license application. The state will run a background check on you to ensure that you have no charges, eclipsing the trustworthiness and honesty guidelines.
If you pass the approval, you will receive your practicing license within a few days or weeks.
Building Your Career
Find a sponsoring broker to take you under their wing. The broker must be from a reputable real estate firm. Also, work on building networks with other professionals in the industry. Attend industry events and connect with local brokers and agents.
Don’t forget to complete the continuing education courses. This is a requirement by state, and the papers will help you when renewing your practicing license. Like the pre-licensing program, you can study online or attend physical classes.
Wrapping Up
Demand for housing in Wisconsin makes a career in real estate worth investing in. The tips in this guide will help you find the best course within your budget. Pay attention to the coursework and ensure that you finish all of the assignments to boost your chances of taking the main exam.
As mentioned, attend industry events to find other people on a similar career path. Online learning can be challenging, but with discipline and dedication, you can complete the course on time.