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How to become a licensed real estate agent in Los Angeles

Learn how to become a licensed real estate agent in Los Angeles, and how long it takes, using our guide. Discover what career path fits you.?

To become a licensed real estate agent in Los Angeles, you must complete the following steps:

1. Meet the eligibility requirements: You must be at least 18 years old, have a high school diploma or equivalent, and be a legal resident of the United States.

2. Complete the required pre-licensing education: You must complete 135 hours of approved real estate courses, including 45 hours of Real Estate Principles, 45 hours of Real Estate Practice, and 45 hours of one additional approved course.

3. Pass the California Real Estate Salesperson Exam: You must pass the California Real Estate Salesperson Exam with a score of at least 70%.

4. Submit your application: You must submit your application for a real estate salesperson license to the California Department of Real Estate (DRE) within one year of passing the exam.

5. Complete a background check: You must complete a background check and provide fingerprints to the DRE.

6. Find a sponsoring broker: You must find a sponsoring broker to work under and complete the necessary paperwork with the DRE.

7. Obtain your license: Once your application is approved and you have completed all the necessary steps, you will receive your real estate salesperson license from the DRE.

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Key skills and competencies

Becoming a licensed real estate agent in Los Angeles requires a combination of key skills and competencies. Firstly, strong communication skills are essential as agents need to effectively communicate with clients, negotiate deals, and market properties. Additionally, attention to detail is crucial when handling legal documents and contracts. A good understanding of the local real estate market and trends is also important to provide clients with accurate information and advice. Finally, time management and organizational skills are necessary to balance multiple clients and properties. By developing these skills and competencies, aspiring real estate agents can successfully navigate the licensing process and thrive in the competitive Los Angeles market.

Local salary expectations or estimates

As a licensed real estate agent in Los Angeles, you can expect to earn a competitive salary. According to the Bureau of Labor Statistics, the median annual wage for real estate agents in California is $62,410. However, your earnings will depend on a variety of factors, including your experience, the types of properties you specialize in, and the current state of the real estate market. Some agents earn well over six figures, while others may struggle to make ends meet. It's important to do your research and set realistic expectations for your income as a real estate agent in Los Angeles.

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