Colorado’s largest real estate school is excited to share everything we have learned educating and mentoring thousands of agents on how to be successful as a real estate broker in Colorado. This guide covers:
This seven-chapter guide will give you the inside information and confidence you need to enjoy a successful career in real estate. This guide has been designed as a supplement to our real estate licensing courses and videos. This information is only available by signing up on this page.
Fill out the form and get your free guide today. Learn everything you need to know to start your new career as a real estate agent.
Before jumping into your new career, it’s important to evaluate whether real estate is right for you. You need to understand the advantages and drawbacks of working as a real estate agent, since the way you value these items will play a major role in whether you’ll be happy in this job. But you also need to consider the characteristics and traits that make someone successful in real estate. The more of these traits that you possess, the greater the likelihood that you’ll thrive in this competitive industry.
To know your income potential, it’s important to first understand how real estate agents make money. Real estate agents typically don’t earn a base salary. Instead, they receive a commission on each sale they broker for a client. This commission is usually a percentage of the sale price of the property.
Since your income is commission based, the more deals you close, the greater your earning potential. In addition, your commission will be greater when you help broker the sale of a higher value property than with a lower value property.
The good news is that obtaining your Colorado real estate license is not complex. One key difference between Colorado and other states is that Colorado is a single license state. This means we do not have a salesperson or broker license, as is common in many states. In Colorado, every newly licensed real estate agent is an associate broker. This is a one-size-fits-all license that enables you to conduct any real estate transaction.
Now that you’ve gotten your real estate license, it’s time to start working in your new career. One of the first challenges you’ll face as a new agent is getting hired. There are two components to this process, and both are equally important to your success as a real estate agent
Starting your new career in real estate is an exciting time. You’re entering an industry that provides great flexibility and work-life balance, while also giving you an opportunity to earn a lucrative income. But working in real estate is different than working in many other industries because you are starting your own business instead of getting hired to work for someone else’s company. This places a lot more responsibility on you to set yourself up for success.
In this chapter, we’d like to dig a little deeper and highlight a few of the critical keys to achieving success in real estate. Building a real estate business requires patience, dedication and hard work. But success is also extremely attainable if you’re willing to build the proper foundation during your first couple of years in the business. Many people just like you have found that transitioning to a career in real estate has been highly lucrative, allowing them to maintain their desired lifestyle and improve their work-life balance.
In our final chapter, we’d like to provide you with some statistics that will give you additional context into the industry. The information in this chapter comes from the National Association of Realtors (NAR). As the largest real estate trade association in the nation, they are an incredibly valuable resource for real estate agents at all stages of their career. The NAR works to help real estate professionals build their expertise, improve their understanding of market insights and gain a competitive advantage that helps position themselves as a top real estate professional in their market.
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You will need to:
You will need to:
If you have two years of active experience, you qualify for the “Independent” or “Employing” license. If you have less than two years of active experience, you qualify for the associate broker license.
If you want to be certified at an employing level, you will need to:
You will need to:
If you have less than two years of active experience as a salesperson or broker, you qualify for the associate broker, FA credential.
Education requirements for a salesperson credential (120 hours of education)
Education requirements for a broker credential (72 Hours)
You will need to:
If you have two years of active experience, you qualify for the “Independent” or “Employing” license. If you have less than two years of active experience, you qualify for the associate broker, FA credential.
If you want to be certified at an employing level, you will need to:
You will need to have:
If you have two years of active experience, you qualify for the Independent or Employing license. If you have less than two years of active experience, you qualify for the Associate Broker, FA credential.
If you want to be certified at an Employing level, you will need to:
Education requirements for a salesperson credential (120 hours of education)
Education requirements for a broker credential (72 Hours)
You can qualify for an Associate Broker, FA credential.
You will need to:
