To work as a real estate agent in the state of Pennsylvania, you must obtain a real estate license through the Pennsylvania Real Estate Commission. The latter is in control of the licensing process and has set some licensure requirements to meet.
There are quite a few factors to working in the real estate industry and this article enumerates them all.
You should spend some money before you get your Pennsylvania real estate license. Thus, you will need to pay $54 for the state exam and $22 for the fingerprinting service. You will also need to pay $97 for the license application.
Not to mention the amount of money you should spend on obtaining pre-license education.
The time it will take you to become a licensed real estate agent in Pennsylvania mostly depends on the applicant. If you complete the requirements quickly, the sooner you will have your real estate license.
In general, most of the applicants meet the requirements within four months.
Nonetheless, it may take you longer if you do not complete education on time, or if you fail the state licensing exam.
In Pennsylvania, the average base salary for real estate agents is $68,800. Beginners (one or two years of experience) earn about $62.000 per year, while top agents (ten or more years of experience) earn about $91.000.
“Long and Foster”, “Fathom Realty”, “Robert Slack LLC” and “Real Estate Brokerage” are among the top real estate agencies to work for.
To begin with, you must be at least 18 years old and have graduated from high school ( or its equivalent). You must also be a US citizen/permanent resident alien.
Those looking to earn a real estate license in Pennsylvania should complete 75 hours (5 credits) of pre-license coursework. 30 hours of the coursework must cover real estate fundamentals, while the remaining 45 hours should cover real estate practice.
Another option is having a bachelor’s degree with a major in real or having completed four credits for 75 hours of acceptable, basic real estate courses.
It is important to look for an approved coursework, as they correspond with state standards and offer the education at its best. To put it differently, you will get to take practice exams beforehand and understand the licensing process.
You will also receive detailed information on the real estate industry.
The next step is to take the state licensing exam, which is one of the most important steps of licensure.
You will have three totals hours to finish the test, which covers both national (120 minutes) and state (60 minutes) sections.
Click here to register and schedule a sitting for the Pennsylvania real estate license exam.
Another key point is finding a sponsoring broker, who will take responsibility for your license and share the details and perks of the real estate industry with you.
When you pass the state exam, you are ready to apply for licensure. Visit the official website of the Pennsylvania Real Estate Commission to apply online.
State Real Estate Commission
P.O. Box 2649, Harrisburg, PA 17105-2649
One Penn Center,
2601 N. 3rd Street
Harrisburg, PA 17110Phone: (717) 783-3658
Fax: (717) 787-0250