We may earn an affiliate commission when you visit our partners.

Realtor

Save

Do you have the drive to succeed? Are you passionate about real estate, have the ability to engage with people from all walks of life, and interested in working for yourself? If so, then a career as a realtor may be the right choice for you.

What is a Realtor?

A realtor is a licensed real estate agent who is a member of the National Association of Realtors (NAR). Realtors are held to a higher standard of practice than non-realtor agents and must adhere to the NAR's Code of Ethics. Real estate agents typically work with buyers and sellers of residential and commercial properties, helping them to navigate the complex process of buying and selling real estate.

What are the Benefits of Becoming a Realtor?

There are many benefits to becoming a realtor. These include:

Read more

Do you have the drive to succeed? Are you passionate about real estate, have the ability to engage with people from all walks of life, and interested in working for yourself? If so, then a career as a realtor may be the right choice for you.

What is a Realtor?

A realtor is a licensed real estate agent who is a member of the National Association of Realtors (NAR). Realtors are held to a higher standard of practice than non-realtor agents and must adhere to the NAR's Code of Ethics. Real estate agents typically work with buyers and sellers of residential and commercial properties, helping them to navigate the complex process of buying and selling real estate.

What are the Benefits of Becoming a Realtor?

There are many benefits to becoming a realtor. These include:

  • The ability to be your own boss. Real estate agents are independent contractors, which means that they set their own hours and work for themselves. This can be a great benefit for those who want to have more control over their work-life balance.
  • The potential to earn a high income. Real estate agents can earn a commission on each sale that they close. This means that the more sales you make, the more money you can earn. However, it is important to keep in mind that real estate commissions can vary widely depending on the type of property and the location of the sale.
  • The opportunity to help people. Real estate agents play an important role in helping people to buy and sell homes. This can be a very rewarding experience, especially when you see how your work has helped to make a difference in someone's life.

What are the Challenges of Becoming a Realtor?

There are also some challenges to becoming a realtor. These include:

  • The need to get licensed. In order to become a realtor, you must first obtain a real estate license from your state. This typically requires completing a certain number of hours of coursework and passing a state exam.
  • The need to market yourself. As a realtor, you are responsible for marketing yourself and your services. This can be a challenge, especially when you are first starting out.
  • The need to deal with difficult clients. Real estate agents often have to deal with difficult clients. This can be challenging, especially when the client is unreasonable or demanding.

What are the Skills and Knowledge Needed to Become a Realtor?

To be successful as a realtor, you will need the following skills and knowledge:

  • Communication skills. Real estate agents must be able to communicate effectively with buyers, sellers, and other real estate professionals.
  • Negotiation skills. Real estate agents must be able to negotiate effectively on behalf of their clients.
  • Marketing skills. Real estate agents must be able to market themselves and their services effectively.
  • Knowledge of the real estate market. Real estate agents must have a thorough knowledge of the real estate market in their area.

How Can I Prepare for a Career as a Realtor?

There are several things that you can do to prepare for a career as a realtor. These include:

  • Get your real estate license. The first step to becoming a realtor is to get your real estate license. This typically requires completing a certain number of hours of coursework and passing a state exam.
  • Join the National Association of Realtors. The NAR is a professional organization for real estate agents. Joining the NAR can help you to stay up-to-date on the latest trends in the real estate industry and to connect with other real estate professionals.
  • Take online courses. There are many online courses that can help you to learn about the real estate industry. These courses can cover a variety of topics, such as real estate law, marketing, and negotiation.

Are Online Courses Enough to Prepare Me for a Career as a Realtor?

Online courses can be a helpful tool for preparing for a career as a realtor. However, they are not enough on their own. In addition to taking online courses, you will also need to get your real estate license and join the NAR. You may also want to consider working with a mentor who can help you to learn the ropes of the real estate business.

Share

Help others find this career page by sharing it with your friends and followers:

Salaries for Realtor

City
Median
New York
$146,000
San Francisco
$118,000
Seattle
$126,000
See all salaries
City
Median
New York
$146,000
San Francisco
$118,000
Seattle
$126,000
Austin
$77,000
Toronto
$95,000
London
£72,000
Paris
€59,000
Berlin
€45,000
Tel Aviv
₪163,000
Singapore
S$130,000
Beijing
¥388,000
Shanghai
¥148,000
Shenzhen
¥510,000
Bengalaru
₹500,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

Path to Realtor

Take the first step.
We've curated seven courses to help you on your path to Realtor. Use these to develop your skills, build background knowledge, and put what you learn to practice.
Sorted from most relevant to least relevant:

Reading list

We haven't picked any books for this reading list yet.
Comprehensive guide to mortgages, covering everything from the basics of how they work to more advanced topics such as refinancing and foreclosures. It is written by a mortgage expert with over 30 years of experience.
Comprehensive guide to mortgage underwriting, which is the process of determining whether a borrower good risk for a mortgage loan. It is written by the Mortgage Bankers Association, which leading trade association for the mortgage industry.
Comprehensive guide to mortgage origination and closing, which is the process of helping borrowers obtain mortgage loans. It is written by the National Association of Mortgage Brokers, which leading trade association for the mortgage industry.
Free resource from the Consumer Financial Protection Bureau that provides a clear and concise overview of mortgages. It covers everything from the basics of how they work to more specific topics such as adjustable-rate mortgages and closing costs.
Comprehensive guide to mortgages, covering everything from the basics of how they work to more advanced topics such as refinancing and foreclosures. It is written in a clear and concise style, making it easy to understand even for those with no prior knowledge of finance.
Concise and easy-to-understand guide to mortgages. It covers everything from the basics of how they work to more specific topics such as adjustable-rate mortgages and closing costs.
Our mission

OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.

Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.

Find this site helpful? Tell a friend about us.

Affiliate disclosure

We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.

Your purchases help us maintain our catalog and keep our servers humming without ads.

Thank you for supporting OpenCourser.

© 2016 - 2024 OpenCourser