The world of real estate can be a lucrative and exciting one, and if you're looking to get your foot in the door, becoming a licensed real estate salesperson in New Jersey is a great place to start. This blog article will walk you through the requirements to become a salesperson and the difference between a salesperson and a broker.
What is the Difference Between a Real Estate Salesperson and a Broker?
Before we dive into the specifics of becoming a licensed real estate salesperson in New Jersey, it's important to understand the difference between a salesperson and a broker.
A real estate salesperson is licensed to work under the supervision of a real estate broker. They can help buyers and sellers with all aspects of the real estate transaction, but they must do so under the supervision of a broker.
A real estate broker is a licensed professional who can operate their own real estate brokerage and supervise salespeople. Brokers have completed additional education and experience requirements than salespeople.
Requirements to Become a Licensed Real Estate Salesperson in New Jersey
To become a licensed real estate salesperson in New Jersey, you must meet the following requirements:
Be a US citizen or legal resident
Be at least 18 years old
Have a high school diploma or equivalency
Be of good moral character
You must also complete a 75-hour pre-licensing course at an approved school and pass both the school and state licensing exams.
Finding an Approved Real Estate School
There are many approved real estate schools in New Jersey that offer 75-hour pre-licensing courses. Terrie O’Connor Realtors Real Estate School is one such school that offers day and evening classes.
Once you have completed your pre-licensing course and passed the state licensing exam, you will be eligible to apply for a real estate salesperson license from the New Jersey Real Estate Commission.
Conclusion
Becoming a licensed real estate salesperson in New Jersey is a great way to break into the exciting world of real estate. By following the requirements outlined in this blog article, you can be on your way to a successful career in real estate.
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