Career happiness can be elusive. Getting the desirable aspects of a satisfying job to align is like to putting together a puzzle. Money, work-life balance, personal fulfillment – where are the people who find it all?
Some are in the real estate profession! This year, Career Bliss.com, which bills itself as “the career community that helps people find career happiness,” ranks Realtor as #3 in the Top 20 Happiest Jobs in America.
Requirements to Become a Realtor
If you’re thinking of a career in real estate, your timing is perfect because streamlined requirements for the state of Indiana take effect soon. On July 1, 2014, the sales license will cease to exist in Indiana. All licensees will hold a broker’s license. Between now and July 1, 2014 you can be licensed as a sales agent only, but then you will also be required to study for and pass the test for a broker’s license.
Waiting until after July 1st may be prudent, as you can take advantage of the new law and just go through one licensing process. The Indiana Association of REALTORS is a great source for information on the new law.
Here are some points to consider:
- Minimum age of applicant is 18.
- It will take 54 hours to complete the sales agent course before July 1st. After July 1st, the broker course is required, which is a 90 hour course.
- Coursework typically runs $400 – $450 and can be done in a classroom, or online. You can find a list of licensing course in Indiana at IN.gov. Some realty companies will reimburse this cost. Newkirk Realty will cover the cost of tuition in a new agent’s first two commission checks
- You have one year after completing the course to test for your license, and the state fee is $61.
- Once obtained, your license allows you to work not only in residential real estate, but commercial, agricultural, and industrial sales, land development and more.
- Average salary for an Indiana licensed real estate agent is close to $40,000. This number varies widely based on money, time and effort invested.
- After a license is obtained, call around. Many realty companies will offer training not only to learn the ropes of the profession, but on how to run your business.
Finally, it’s important to know the type of work you truly enjoy when seeking that career bliss. Your real estate courses will teach you to evaluate a property and negotiate a contract, but you’ll be your own boss. You’ll need to market your business and promote yourself. You’ll have to also enjoy interacting with people for a brief but intense window of time in their lives.
If this sounds like you, explore the real estate profession. You will find that when you open a relationship with the honest intent of helping people reach their goals, the sales will close themselves.
Have you ever thought about a career in real estate? If so, give us a call or check out our career in real estate page – we’re happy to answer any questions you have!