There are a number of different routes you can take to become a real estate broker. Depending on your circumstances, you can choose to start your own brokerage and keep 100% of your commissions. In other cases, you can apply to be an associate broker at an existing real estate brokerage. As an associate broker, you will be able to negotiate a better split with your employer and increase your real estate broker salary.
One of the first steps in becoming a real estate broker is to choose a brokerage. A brokerage will provide you with leads and marketing materials to help you market your business and find clients. They will also provide office space and supplies, which will be essential for your success. When choosing a brokerage, make sure that they charge reasonable fees for the services they provide. If you want to be successful, you will need to invest some time and effort into finding a brokerage that offers quality materials.
Getting a license isn’t easy. After studying for the necessary courses, you will need to take the real estate licensing exam. Depending on the state you live in, you will need to pass a test based on a 75-hour curriculum. The exam is multiple choice and requires approximately two hours to pass. You will then need to complete the application process using eAccessNY.