Do You Need A College Degree To Be A Real Estate Agent In California?

by | Last updated on January 24, 2024

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Do you need a college degree to be a real estate agent in California? Whether you have a degree or not, there are only a few actual requirements needed to get your real estate license in California. That's it! There's no requirement to have your high school diploma or GED. Also,

there's no requirement to have a college degree

.

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Do you have to go to college to be a real estate agent in California?


You Don't Have to Attend College to Take Real Estate Courses

The California Department of Real Estate (DRE) requires that all real estate license applicants take three college-level courses, but you don't actually have to enroll at a university.

Do I need a degree to be a real estate agent?

While

you don't need a college degree to become a real estate agent

, many firms appreciate individuals who have one. Taking real estate courses is required in order to get a real estate license.

What are the requirements to be a realtor in California?

How long does it take to become a real estate agent in CA?

Complete

135 hours of Pre-Licensing education

.

You must first take and pass 135 hours of Pre-Licensing coursework, which consists of three courses, including: Real Estate Principles (45 hours) Real Estate Practices (45 hours) Real Estate Finance (45 hours)

How much do CA real estate agents make?

The

average salary of a California real estate agent is $99,575

. However, there is a wide gap in the salary range, with the lowest earners making $24,970 and the highest earners topping out at $123,700 per year.

What is the fastest way to get a real estate license in California?

The Fastest Way to Apply for the Real Estate Exam

When you complete the program,

apply for the Real Estate Exam as soon as possible using the RE Form 435

. This is your joint real estate exam and real estate license application form.

How do I get my California real estate license?

  1. Complete 135 Hours of Approved Pre-License Education.
  2. Pass the Course Final Exam.
  3. Pass a Criminal Background Check.
  4. Pass the California Salesperson License Exam.

What education is required to be a real estate agent?

High school diploma or equivalent

What education is needed to become a real estate agent?


A degree is not required

to become an estate agent, but strong competition often makes relevant experience and/or qualifications necessary. A degree in an appropriate subject such as marketing, business, property studies or real estate can be helpful.

How hard is the California real estate exam?

The California real estate salesperson exam

isn't easy to pass

. According to education providers in the state, the pass rate averages around 50 percent or less. That means at least half of those taking the test on a given day will, in all probability, get a failing score.

How much does it cost to become a Realtor in California?

California state fees to become a real estate salesperson include a

$60 exam fee and $245 licensing fee

. Other costs include Pre-Licensing course tuition, which can range anywhere from $125 up to $700 depending on the package and the provider.

How hard is it to get into real estate?


It takes hard work, dedication, and perseverance to become a successful real estate agent

. To become an agent, you must take classes, pass a test, and find a to work for. Once you get your license, the work is not over. You must learn to sell houses, which they do not teach in real estate school.

Do Realtors make a lot of money?

According to the Bureau of Labor Statistics,

the average real estate agent earns $45,990 each year

, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.

Is there math on the California real estate exam?

Is it hard to be a real estate agent in California?

While becoming a California real estate agent will be a challenge for some people,

it is not impossible

. Thankfully there are so many resources out there, including real estate school, that can help you pass the California real estate salesperson exam and get you on the road to a lucrative career in real estate.

How much do first year real estate agents make in California?

That said, we conducted a survey in 2020 finding the average first-year real estate agent in California earns

approximately $41,000

, and that number rises to over $104,000 between years four and ten of their career.

What is the highest paying real estate job?


Real Estate Broker

A real estate broker is permitted under law to negotiate and organize real estate dealings. A career as a real estate broker is one of the highest paying and lucrative professions in the real estate industry.

What is the highest paid real estate agent?

Is the CA real estate exam open book?


Yes, the California final exam for any of the three, 45-hour pre-license courses is open book

. You can use any textbooks or other resources when taking the final exam.

Can you get a California real estate license online?


RealEstateU® is a simple and affordable way to get your California real estate license online

. With your real estate license in California, you can be your own boss, earn more money, and decide your own schedule.

How long is the California real estate exam?

California Real Estate Principles. Salesperson Licensing Exam is

3 hours

and consists of 150 multiple-choice questions. A score of 70% or higher is required to pass. Broker Licensing Exam exam is 4 hours and consists of 200 multiple-choice questions.

Do you need a real estate license to flip houses?

How long is a CA real estate license good for?

Licenses are issued for a

four-year

period and should be renewed prior to the expiration date listed on the license. As a reminder, the DRE mails a renewal reminder letter to the licensee's mailing address of record approximately 60 days prior to the license expiration date.

Can you be your own real estate agent?


Yes, you can be your own real estate agent by selling your home “for sale by owner” or by obtaining a real estate license

. According to the National Association of Realtors (NAR), only 8% of homeowners sold their homes without an agent in 2020.

How do I get into real estate?

  1. Research Your State's Requirements.
  2. Take a Prelicensing Course.
  3. Take the Licensing Exam.
  4. Activate Your Real Estate Agent License.
  5. Consider Becoming a Realtor.
  6. Join a Real Estate Brokerage.

How can I get into real estate with no money?

If you own a property and are looking to begin a zero-investment business due to a lack of funds, then you can

use the property you already own

. You can borrow money from a money-lender or bank under the equity of your current property. With this money, you can buy a new property that has the promise to sell shortly.

How do I study for real estate in California?

  1. Create a study schedule.
  2. Don't overstudy.
  3. Diversify the study material.
  4. Challenge yourself.
  5. Use acronyms to remember material.
  6. Get plenty of rest.
  7. Form a study group.
  8. Find guided help.

How many times can you take the CA real estate exam?

How often is the California real estate exam given?

What education do I need to be a real estate agent?

High school diploma or equivalent

How much does it cost to become a real estate agent in California?

How hard is the California real estate exam?

The California real estate salesperson exam

isn't easy to pass

. According to education providers in the state, the pass rate averages around 50 percent or less. That means at least half of those taking the test on a given day will, in all probability, get a failing score.

How hard is it to get into real estate?

Compared to other careers with similar earnings potential,

it's relatively easy

to become a real estate agent or broker. There are lots of perks, too—like being your own boss, meeting new people, and helping people through one of life's biggest milestones.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.