How to Get a Real Estate License in Philadelphia
Real estate is a wonderful industry for anyone interested in professional growth opportunities. Starting as a real estate agent can lead you to various future career opportunities like real estate brokerage or appraisal, property leasing, commercial property sales, or real estate management. Even if you decide to remain in real estate sales, there is plenty of opportunity and money to be made! On average, real estate agents earn about $50,000 annually, with many agents earning $100,000 or more. In order to get started in this exciting career, however, you must obtain your real estate license. Many states have different rules and regulations regarding real estate licensure, so it is important to pay attention to your state's requirements.
In the state of Pennsylvania, before you can even consider a career in real estate sales, you must meet these initial requirements:
- You must be at least 18 years of age for a real estate’s salesperson license
- You must be at least 21 years of age and have a high school diploma or GED for a real estate broker’s license
- You must be of honest and reputable character
If you’ve got the above requirements covered, then you can begin the process of applying for your Philadelphia real estate license. Before you can apply, you must complete the following steps:
- Take 75 hours of approved educational credits
- Pass the Pennsylvania and national portions of the PSI Salesperson Real Estate Exam
- Submit a criminal history background check
- Apply for your real estate license
This process may seem time consuming, but it ensures that only the best professionals are practicing real estate in Philadelphia. The most important step is completing your coursework as it will teach you all you need to know about being a real estate agent and provide you with the knowledge to pass your exam. The Pennsylvania Department of State Real Estate Commission requires that all real estate classes in Philadelphia you take to meet your credit requirements be administered by an approved school.
Real Estate Classes in Philadelphia
Mbition is an industry approved online real estate school that offers various courses, exam materials, and continuing education resources. With Mbition, you can meet the 75 hour educational credit requirement and prepare for your salesperson real estate exam. The in-depth courses are instructor led and focus on real estate best practices and real life scenarios. If you ever have any questions about coursework, exam material, or Philadelphia requirements, our student support team is on standby to assist you. Mbition’s online classroom was designed to allow you to study whenever you want, wherever you want.
Designed by real estate industry professionals, Mbition was developed to connect professional students with the educational resources they need, no matter the stage of their career. For pre-licensing requirements, exam prep, professional development, and certifications, Mbition is the most comprehensive distance learning real estate school. For the best real estate classes in Philadelphia, connect with Mbition today.