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How to become a Real Estate Broker

If you are a Real Estate Broker, you can work for yourself, be your own boss and start your own brokerage or mortgage loan company. You can even have other real estate agents working in your office.

There has been enormous growth in real estate in the last few years in most parts of the country and especially in California. The real estate business is very competitive but can be very rewarding for those who are successful.

Here's what you need to know to become a real estate broker in California:

1) Licensing Requirements in California

2) Duties of a Real Estate Broker

3) What is a REALTOR®?

4) Show me the money!

5) Real Estate Schools

How to Become a Real Estate Broker in California

1) Licensing Requirements in California

In California, real estate brokers MUST be licensed by the California Department of Real Estate.

To obtain your brokers license, you must:

  1. Satisfy the minimum requirements requirements to apply for the real estate brokers exam:
  1. Apply to take the State exam (the exam is 5 hours long, administered in a 2.5 hours morning session and a 2.5 hours afternoon session).
  2. Pass the exam by answering at least 75% and above correctly
  3. Apply for the Real Estate Broker License
  4. Submit one set of fingerprints that is acceptable to the State Department of Justice (DOJ)

2) Duties of Real Estate Brokers

In addition to all the duties of real estate agents, brokers must also maintain and operate their real estate offices.

Their list of duties include:

4) Show me the money!

The annual median salary of real estate brokers is $76,000. In California, salaries can range from $34,000 to over $145,000 per year.

5) Real Estate Schools

Real estate classes are offered at most colleges, community colleges and even at the larger real estate brokerage companies. In Fresno, you can also check out Fresno City College, London Properties or Century 21.

Or if you prefer to take classes at your own pace and from the comfort of your home, check out these real estate schools instead:

School Phone #
Allied Schools 888.751.2286
Anthony Schools 800.373.7277
Chamberlin Real Estate School 800.672.4665