How to Become a Real Estate Broker

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Are you looking for advice on how to become a real estate broker, from people who have done it successfully in the past? If so, you've just found what you were after. We have gathered the best tips on becoming a real estate broker from all over the Web, and we've put them in one place for you. Enjoy!

The path to becoming a broker varies slightly from one state to the next. That's because real estate brokerages, and the licensing guidelines behind them, are enforced at the state level. With that said, there are certain steps in the process that are the same everywhere. That's the kind of advice we have gathered below.

In nearly all states, you have to be licensed real estate agent for a certain number of years before you can become a broker in that state. This is typically the minimum requirement, and then there are educational requirements as well (number of course hours, required classes, testing, etc.).

Here are some helpful articles and resources that will help you in your journey to become a licensed broker in your state.

Planning to Become a Real Estate Broker
This is a short but thought-provoking article on the Entrepreneur.com website. It was written by Tim Berry, who is the business plan expert with that website. So as you might imagine, this article focuses on the business plan side of starting your own brokerage. It also brings up some important points about choosing a specialty for your brokerage, as a way of setting it apart from others.
Read the article here

Occupational Outlook Handbook 2009
This page over at the Bureau of Labor and Statistics website explains the nature of work involved with running a real estate brokerage, the training needed to become a broker, data regarding the number of brokers in the United States, and a lot more. It's not necessarily "tips from the trenches," but it does offer a general overview of this career path.
http://www.bls.gov/oco/ocos120.htm

Broker Licensing Requirements
This article is basically a checklist of things you need to do in order to obtain your broker license and become a full-fledged, licensed broker in your state. The information presented here is specific to California, but much of it can be translated / applied to other states as well. So it offers a good overview of the steps you may encounter on the road to becoming a broker.
http://www.brokerlicense.com/broker-state-requirements.asp

Becoming A Real Estate Broker
This article located on the "Bizymoms" website, but even if you're not a busy mom looking for a career change, this one is worth reading. It talks about some of the most important factors in running a real estate brokerage, such as commission structures, marketing tools, overall business strategy and more.
http://www.bizymoms.com/realestate/how-to-become-a-real-estate-broker.html

Video Tutorial On This Subject
If you prefer watching instructional videos to reading articles online, you'll enjoy this tutorial published at Expert Village. It's short, but it's also part of a larger series on running a real estate business. The link below is for the video on becoming a real estate broker in your state. There are others in the series, and you can reach them all from the page below.
http://www.expertvillage.com/video/140417_become-real-estate-broker.htm

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