Deciding whether or not to start and complete real estate school can be a difficult question. Before you get started, there are some key things that you should be aware of as you begin your real estate journey.
Real estate school is not easy. For some people, the content and information from a real estate pre-license course may seem simple and straightforward, but it’s not that easy. Lots of key definitions and terminology must be added to your internal knowledge base before you will successfully pass the test. There are also many different real estate specific concepts and core areas of learning that need to be mastered for you to be successful. Some of the information will be specific to the state which you reside in. For example, what may be required for the State of Utah will be different than the requirements and rules for the State of Nevada.
It will take 120 hours of class time to complete. Deciding to become a real estate agent is a commitment. Finishing real estate school is the first step. You will have to focus the equivalent of three 40 hour weeks studying and learning what it takes to help someone with what will likely be the largest transaction of their life. The stakes are high and it is important to know your stuff. Don’t think that you will be able to shortcut the prep time and education.
You should finish real estate school within 60 days for the highest level of success. Since your goal is to become a real estate professional, it is important to retain the knowledge you’ve gained from your education. This is achieved by completing real estate school within 60 days. When you finish school within that timeline, you’re ready for the real estate license exam and as you move into your career you’re relying on recent knowledge. If you started real estate school 8 or 9 months prior, it is difficult to remember everything because you haven’t put it into practice.
You can do it all online. Did you know that you can complete real estate school 100% online? That’s right! While there may be a lot of coursework involved, the online schools in real estate have proven high levels of success. In fact, ARTI® Academics has the highest overall satisfaction rating of any school in the State of Utah from Google. In addition, ARTI® Academics consistently ranks at or near the top of the list when it comes to exam pass rates. Part of the success comes from each student having their own dedicated ARTI® Certified Instructor who they can reach out to for answers to questions related to curriculum or the career.
There is a cost to get into the real estate business. Yes. A real estate agent is a business owner. You’re in control of your own destiny. Real Estate School is 100% free at ARTI® Academics, but as you begin your career you will have to plan on investing in your business. This means being prepared to pay REALTOR® fees, MLS fees, and brokerage costs. These are typically small in comparison to what you will need to spend to market and grow your real estate business after you have your license. Outside of money, the largest cost you will experience is the time and energy needed to be successful. Most real estate agents don’t make it past the first year or two. While real estate school gets you started, you still have to go and compete to win business. We recommend our ARTI® 5 Contact Rule for new agents in real estate. The ARTI® 5 Contact Rule is: Have 5 Real Estate Conversations Per Day. Put those people in to your Customer Relationship Manager. Follow Up Consistently.
Thank you for reading about the five things you should know about real estate school. Please provide any comments or feedback below and we look forward to seeing you earn your real estate license with the help of ARTI® Academics.